Crypto News

Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas

Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement in West Texas The new site, connectedSource link

FOMO HOUR 154 – THE CELEBS ARE BACK…

BTC ETF Flows: +$295m. ETF inflows fight German selling, BTC unchanged. German government sells $900m BTC, moves more. Rate of sales implies German supply sold this week. ETH ETFs set to launch next week. Election may affect SOL ETF decision March 2025. Raydium beats ETH for 24hr fees. BTC ‘power law’ points to 300% gain by 2025. BTC in 80 day post-halving re-accumulation phase. BlackRock treasury fund hits $500m. Republicans release pro-crypto policy. Senate urges blockchain tests for national security. Drop in BTC mining difficulty ‘comparable to FTX’. MetaMask introduces delegation toolkit. 25 major projects to launch tokens in H2 2025.Source link

MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum

There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.Source link

Singapore’s Largest Bank DBS Sees Digital Exchange Business Boom

The value of digital payment tokens traded on DBS’ exchange in the first five months of the year tripled over the same period in 2023.Source link

German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve

According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and depositsSource link