Bitcoin

TLDR MicroStrategy reported a Q2 net loss of $123 million, an improvement from $137 million loss in Q2 2023 The company’s Bitcoin holdings increased to 226,500 BTC, worth approximately $14.7 billion at current prices MicroStrategy’s […]

TLDR Marathon Digital reported Q2 revenue of $145.1 million, missing analyst estimates of $157.9 million The company posted a net loss of $199 million, or $0.72 per share, compared to a $9 million loss in […]

TLDR Economist Paul Krugman criticized Donald Trump and JD Vance for supporting Bitcoin Trump suggested creating a “strategic Bitcoin stockpile” if elected president JD Vance, Trump’s VP pick, owns Bitcoin and has proposed crypto-friendly legislation […]

TLDR A U.S. government-associated crypto wallet transferred $2 billion worth of bitcoin to an unidentified wallet on July 29, 2024. The transferred bitcoin is believed to be part of funds previously seized from the dark […]

TLDR Bitcoin is approaching $70,000, its highest level in six weeks July 29 marks 100 days since Bitcoin’s latest halving event Donald Trump pledged support for Bitcoin at a recent conference Senator Cynthia Lummis plans […]

TLDR Bitcoin price rebounded to $67,000 ahead of Donald Trump’s speech at the Bitcoin Conference in Nashville. There are expectations Trump might announce plans for a strategic Bitcoin reserve if elected president. Ethereum price rose […]

TLDR Jersey City plans to invest part of its pension fund in Bitcoin ETFs Mayor Steven Fulop is updating SEC documentation to include Bitcoin ETFs Wisconsin Pension Fund previously allocated 2% of its assets to […]

TLDR BitcoinOS successfully verified the first zero-knowledge (ZK) proof on Bitcoin’s mainnet on July 24, 2024. This achievement enables rollups and new functionality on Bitcoin without changing its base layer. ZK proofs allow for more […]

TLDR Bitcoin’s price is consolidating around $67,000-$68,000, with potential for further upward movement. The cryptocurrency market saw volatility following Joe Biden’s withdrawal from the 2024 election race. Spot Ethereum ETFs are expected to launch on […]

TLDR The Winklevoss twins each donated $500,000 in Bitcoin to John Deaton’s campaign against Senator Elizabeth Warren. They view Warren as a major threat to crypto and American prosperity. This donation follows a $2 million […]