Trump touts Bitcoin’s potential to ‘wipe out’ US national debt, says its ‘a very big thing’

Former President Donald Trump has suggested that Bitcoin could be a key tool in addressing the United States’ burgeoning national debt, which has officially hit $35 trillion as of July 31. In... Read more »

US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve

U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve... Read more »

Bitcoin’s price evolution post-halving: Examining five distinct epochs

Onchain Highlights DEFINITION: Bitcoin price performance since the halving against previous cycles.  Bitcoin’s price performance since the most recent halving in April has followed a distinct trajectory compared to previous halving events. Observing... Read more »

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year

In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain... Read more »

Kamala Harris must outline crypto strategy to counter Trump’s pro-Bitcoin influence, think tank says

Vice President Kamala Harris faces increasing pressure to clarify her stance on crypto as the 2024 election approaches or risk “ceding” the industry’s support to former President Donald Trump, according to a... Read more »

Coinzoom Operations Suspended in Ohio Following Regulatory Examination

The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the... Read more »

Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze

Polymarket, a leading prediction market platform, has seen a significant spike in website traffic, outpacing prominent DeFi platforms like Uniswap, dYdX, Compound, and GMX. The surge is primarily driven by intense interest... Read more »

MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net... Read more »

Bitcoin miner CleanSpark increased BTC treasury by 567% since 2023

US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining 494 BTC during the month and a 567% increase in its Bitcoin... Read more »

US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve

U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The... Read more »