Crypto Currency

Block Inc. Lowers Sights as Revenue from Bitcoin Drops

Payments firm Block Inc. has said it will slow hiring and lower its 2022 investment target by $250 million after announcing its second quarter financial results. The post Block Inc. Lowers Sights as Revenue from Bitcoin Drops appeared first on BeInCrypto…

Published 4 years ago in
Block Inc. Lowers Sights as Revenue from Bitcoin Drops

Payments firm Block Inc. has said it will slow hiring and lower its 2022 investment target by $250 million after announcing its second quarter financial results.
The post Block Inc. Lowers Sights as Revenue from Bitcoin Drops appeared first on BeInCrypto…
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Crypto Currency

Crypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?

Iran may require oil tankers to pay BTC tolls through the Strait of Hormuz, signaling a new use case for crypto as geopolitical tensions reshape global trade routes…

Published 13 hours ago in
Crypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?

Iran may require oil tankers to pay BTC tolls through the Strait of Hormuz, signaling a new use case for crypto as geopolitical tensions reshape global trade routes…
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Crypto Currency

ETF Issuers Move to Package Prediction Markets but Approval Is Far from Certain

The ETF industry, following the launch of spot Bitcoin ETFs, is now exploring prediction markets as a new underlying exposure.Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!).Bitwise Asset Management and Roundhill Investments have filed applications with the SEC to launch ETFs tied to prediction market contracts.ETFs as a Distribution

Published 13 hours ago in
ETF Issuers Move to Package Prediction Markets but Approval Is Far from Certain

The ETF industry, following the launch of spot Bitcoin ETFs, is now exploring prediction markets as a new underlying exposure.Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!).Bitwise Asset Management and Roundhill Investments have filed applications with the SEC to launch ETFs tied to prediction market contracts.ETFs as a Distribution LayerThe initial filings focus on political events — contracts like “Democratic president wins 2028 election” or “Republican president wins 2028 election.”

The logic mirrors what happened with Bitcoin…
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Crypto Currency

Bitcoin charts point to $80K in April: Here’s how it may happen

Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April…

Published 13 hours ago in
Bitcoin charts point to $80K in April: Here’s how it may happen

Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April…
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Crypto Currency

BitFuFu Reports 214 BTC Output, Trims Holdings to 1,794 BTC

TLDR BitFuFu produced 214 BTC in March while selling 80 BTC from its treasury. The company’s Bitcoin holdings declined to 1,794 BTC valued at nearly $131 million. Previous holdings peaked at 1,959 BTC in October 2025 before decreasing. Hashrate dropped to 25.9 EH/s, and power capacity declined to 457 MW…

Published 13 hours ago in
BitFuFu Reports 214 BTC Output, Trims Holdings to 1,794 BTC

TLDR BitFuFu produced 214 BTC in March while selling 80 BTC from its treasury. The company’s Bitcoin holdings declined to 1,794 BTC valued at nearly $131 million. Previous holdings peaked at 1,959 BTC in October 2025 before decreasing. Hashrate dropped to 25.9 EH/s, and power capacity declined to 457 MW…
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