Mining News - page 201

PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time. Subscribe via RSS.

Chain tip: Block #971,833

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Bitcoin Magazine

‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act

Bitcoin Magazine ‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act Republican Senator Cynthia Lummis has again attacked the Democrats for holding back the long-awaited crypto Clarity Act.  Speaking on the Crypto in America podcast Thursday, Lummis said that the bill could have been passed months ago but is unfairly being held back.  Lawmakers are hoping the Clarity Act gets passed before Congress departs for August […] This post ‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

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Coingape

Coinbase, Strategy Miss Earnings Estimates as Stock Prices Fall

Crypto exchange Coinbase and Bitcoin treasury firm Strategy both posted weaker-than-expected earnings for the second quarter. Their respective stocks fell in after-market trading following the earnings report. Ad Ad Coinbase, Strategy Post Weak Earnings Report Coinbase’s press release showed that the crypto exchange recorded revenue of $1.220 billion in Q2, below estimates of $1.28 billion. The post Coinbase, Strategy Miss Earnings Estimates as Stock Prices Fall appeared first on CoinGape .

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Bitcoin Magazine

Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered

Bitcoin Magazine Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered The Bitcoin treasury company posted massive losses but aims to continue making digital credit a "new asset class." This post Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

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CryptoSlate

Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution

Bitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts. Data from CryptoSlate show the largest cryptocurrency trading near $64,729 as of press time after reaching an intraday high of $65,071 and recovering from a low of $63,205. The advance followed data showing the US economy expanded at a 1.5% annualized […] The post Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution appeared first on CryptoSlate .

Be In Crypto

MicroStrategy Earnings Flip From $10 Billion Profit to $8.2 Billion Loss in 1 Year

MicroStrategy earnings for the second quarter carried an $8.22 billion net loss and a new metric, BTC Hurdle ARR, that Strategy’s own Bitcoin yield is currently running below. The company set that hurdle at 10.8% and reported a 4.5% bitcoin yield for the year. Chief Financial Officer Andrew Kang called the figure its effective cost The post MicroStrategy Earnings Flip From $10 Billion Profit to $8.2 Billion Loss in 1 Year appeared first on BeInCrypto .

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Bitcoin Magazine

Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio

Bitcoin Magazine Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio  Ray Dalio still prefers the precious metal over "digital gold." This post Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

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Bitcoin Magazine

Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto

Bitcoin Magazine Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto The Treasury Secretary slammed Democrats for holding back the landmark legislation. This post Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

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Bitcoin Magazine

Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess

Bitcoin Magazine Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess The Major Cities Chiefs Association is the latest to throw their support behind the crypto bill. This post Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .