WorldPingAfter June’s brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many operators have been battling for months.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.com
WorldPingBitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingWallets tied to the Truth Social parent now hold about as much bitcoin as the company previously pledged as note collateral, making its next 10-Q the key test of whether recent Crypto.com transfers were custody moves or sales.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingSelf-custody is under attack, and it's becoming increasingly clear that AI is one of crypto's leading threats.
Brief by WorldPing · Original reporting by Decrypt
WorldPingAmerican Bitcoin expanded its reserve to 8,002 BTC after a record 932 BTC mined in Q2, with revenue rising 8% to $67 million.
Brief by WorldPing · Original reporting by The Block
WorldPingHalf the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
Brief by WorldPing · Original reporting by Decrypt
WorldPingMichael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.
Brief by WorldPing · Original reporting by Cointelegraph