Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year.
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DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’
Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. 173 Total views 2 Total shares Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.Dorsey made the announcement via Twitter earlier today,…

US has 26M strong ‘crypto voting bloc’ ahead of elections — Survey
One in seven, or 16%, of respondents in a survey by The Digital Chamber said they'd vote for the most pro-crypto candidate.

SEC vs. Telegram: Part 3 — The extraterritorial reach of US securities laws
As mentioned in the first and second parts of this story, on March 24, 2020, in a widely reported and closely followed decision, Judge Peter Castel imposed a sweeping preliminary injunction preventing Telegram from issuing its planned crypto asset, Grams. Shortly thereafter, the judge clarified his initial ruling by explicitly holding that the injunction applied…

Bitcoin dips below $47K but one trader is eyeing ‘solid risk/reward’ for longing BTC now
Short-term profit opportunities are there, but so are concerns over a "panic" sell-off still absent from BTC price charts. 356 Total views 6 Total shares Bitcoin (BTC) added to its losses on Dec. 29 with a fresh tumble briefly taking BTC/USD below $46,600.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI flashes "oversold"Data from Cointelegraph Markets Pro…

After Zora airdrop goes awry, what’s next for Web3 creator economy?
Onchain social network Zora has built a reputation as a popular tool for artists, musicians and other creatives to monetize their content onchain, but the recent launch of its eponymous ZORA token has left many users confused and dissatisfied. The token’s price tanked shortly after launch, with users and observers complaining about everything from poor

Anthony Scaramucci says holding Bitcoin as safe as owning bonds and gold
Scaramucci’s SkyBridge Capital introduced a new Bitcoin fund in early January. He says that improved infrastructure and regulation have made BTC investments "as safe as owning bonds and commodities like gold." 1695 Total views 11 Total shares Anthony Scaramucci, the head of SkyBridge Capital and former White House communications director, believes Bitcoin’s (BTC) value proposition…

When will it be too late to invest in Bitcoin?
This week’s episode of Market Talks discusses whether it will ever be “too late” to buy Bitcoin and why BTC could take over the financial world. 1193 Total views 1 Total shares On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Luke Broyles, a popular Bitcoin (BTC) advocate and content creator

Comedian Bill Maher excoriates environmental impact of crypto
The mention of Dogecoin still got a few cheers from the socially distanced audience. 633 Total views 11 Total shares Bill Maher did not hold back criticizing cryptocurrencies from Bitcoin to Dogecoin, implying the whole space was fake and yet still required an incredible amount of real energy.Speaking in the New Rules segment on his…