Ault Alliance's (AULT) Sentinum Mined 89 BTC in April 2024 May 17, 2024 06:31AM

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.

William B. Horne, Chief... (continue reading...)

CME Group planning to launch bitcoin trading, FT reports May 16, 2024 11:30AM

According to a report by the Financial Times, CME Group (NASDAQ: CME) is planning to launch bitcoin trading to expand its portfolio.

The newspaper, citing sources, said the exchange, headquartered in Chicago, has been talking with traders who want to buy and sell bitcoin on a regulated marketplace,

However, it was added that the plan has not yet been finalized.

Speaking to following the report, Ryan Lee, Chief Analyst at Bitget Research, noted that the CME... (continue reading...)

Interactive Brokers (IBKR) Launches Cryptocurrency Trading for UK Clients May 15, 2024 05:45AM

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of cryptocurrency trading in the United Kingdom as a new addition to its platform. Individual and institutional investor clients of Interactive Brokers (U.K.) Limited (IBUK), including financial advisers, can now trade crypto assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) alongside the broad range of investment products available... (continue reading...)

Why Solana was hit hard by the collapse of FTX? UBS explains May 11, 2024 09:00AM

Swiss banking giant UBS recommends staying cautious with cryptocurrencies, citing a range of macroeconomic and specific industry concerns.

UBS analysts say that central banks' aggressive measures to combat inflation with higher interest rates severely dented growth expectations and investment appetites, particularly affecting sectors like cryptocurrencies, which are closely tied to high-beta technology stocks.

They also noted "a significant increase in the correlation... (continue reading...)

CleanSpark (CLSK) to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75M May 9, 2024 04:00PM

CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing.

The company... (continue reading...)

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