updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131U.S. Senators Bill Cassidy and Cynthia Lummis have introduced the Mined in America Act, which aims to codify U.S. President Donald Trump’s executive order for a Strategic Bitcoin Reserve (SBR). The Bitcoin bill also boosts BTC mining in the U.S., creating a regulatory-friendly environment for miners. Ad Ad Senators Introduce Mined in America Act To
The post Breaking: U.S. Senate Introduces ‘Mined in America’ Act Backing Strategic Bitcoin Reserve appeared first on CoinGape.
]]>They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Corporate digital asset treasuries have continued to accumulate Bitcoin
BTC
$94 879
24h volatility:
3.0%
Market cap:
$1.90 T
Vol. 24h:
$68.89 B
despite the price volatility. According to data by Glassnode, public and private companies added a net 260,000 BTC to their balance sheets over the past six months. During the same period, Bitcoin miners produced roughly 82,000 BTC.
This gap suggests that corporate buyers absorbed more than three times the new BTC supply entering the market. At current prices, the monthly net treasury inflow is around 43,000 BTC, worth around $25 billion.
https://twitter.com/glassnode/status/2011162019441893480
Company-held Bitcoin treasuries grew from about 854,000 BTC to roughly 1.11 million BTC in six months. This is one of the fastest expansions of corporate balance-sheet exposure to Bitcoin on record.
Across all treasury categories, around 4.06 million BTC is now held by structured entities. ETFs and funds account for the largest share at about 1.49 million BTC, followed by public companies with more than 1.1 million BTC.
The remaining is owned by governments, private firms, DeFi contracts, and custodians.
Strategy controls the majority of corporate Bitcoin holdings. As per the data by BitcoinTreasuriesNet, the firm currently holds 687,410 BTC, equal to roughly 60% of all Bitcoin held by public and private companies.
The firm continues to fund purchases through equity issuance and convertible debt.
MARA Holdings ranks second among corporate treasuries with 53,250 BTC. Unlike Strategy, MARA’s position comes mainly from mining. The firm has increasingly retained production rather than selling Bitcoin to fund operations.
Twenty One Capital sits at the third spot with 43,514 BTC. The company began accumulating Bitcoin at launch in December 2025 following its merger with Cantor Equity Partners.
Japan-based Metaplanet follows with 35,102 BTC. It started accumulating BTC in 2024 to hedge against inflation and bet on long-term crypto growth.
Bitcoin miners currently add about 450 BTC per day to circulating supply. Corporate treasuries alone are absorbing significantly more than that on a monthly basis. If current accumulation rate continues, corporate balance sheets will continue to remove Bitcoin from liquid circulation.
As Bitcoin institutional adoption continues to grow, Bitcoin Hyper (HYPER) is drawing attention as a promising investment. The project has seen strong demand in its ongoing presale.
Bitcoin Hyper is designed to address some of Bitcoin’s long-standing challenges, including slow transaction speeds, high fees, and limited support for smart contracts. It introduces a high-performance Layer 2 solution that improves scalability while keeping Bitcoin’s security intact.
Transactions are processed through an optimized system for faster and lower-cost execution. After that, they settle on Bitcoin’s main network.
Bitcoin Hyper’s native cryptocurrency, HYPER, plays an important role in the ecosystem. It can be used for transaction fees, staking, and access to advanced network features.
HYPER is currently priced at $0.013575 during the presale. The team has already raised over $30.4 million. Read our Bitcoin Hyper prediction price on Coinspeaker.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Bitcoin mining firm MARA released robust production numbers for March 2025, with 829 BTC produced last month. This represents a 17% gain over February when 706 BTC was produced.
The company purchased 242 blocks in March, the third highest on record and a 17% jump over February’s 206 blocks. MARA’s daily average Bitcoin production rose to 26.8 BTC per day, 6% above February’s 25.2 BTC per day.
MARA’s total Bitcoin holdings totaled 47,531 BTC on March 31, 2025. It is also one of the largest corporate owners of Bitcoin among listed mining companies. The company also witnessed a minor rise in its energized hashrate that increased 1% to 54.3 EH/s from 53.7 EH/s in February.
MARA’s own-operated mining pool remains a major differentiator for the firm in the highly competitive Bitcoin mining industry. In the view of CEO Fred Thiel, “MARAPool is the only self-owned and operated mining pool among public miners, providing unique control and efficiency.”
The company touts a number of benefits from maintaining its own pool of mines instead of pooling with third-party pools. By eliminating charges to third-party operators, MARA gets to keep more of its mining dividends and has complete control over mining operations. Its integrated model has translated into quantifiable performance gains.
Thiel noted in the announcement that “MARA Pool’s luck factor has exceeded the network average by over 10% since launch, meaning more blocks mined and higher rewards.” This efficiency metric shows that the company has been more successful at finding blocks than would be expected based solely on its share of the global hashrate.
MARA reported its share of available miner rewards reached 5.8% in March, up from 5.4% in February. In the meantime, fees from transactions represented 1.3% of all mining revenue, a small drop from 1.4% last month.
MARA continues expanding its mining infrastructure with construction of its new 40-megawatt data center in Ohio nearing completion. According to the company’s announcement, this facility is expected to be finished by the end of April 2025, adding to MARA’s geographic diversification and hashrate capacity.
“We will continue to focus on being the dominant player in bitcoin mining while expanding our footprint in energy generation,” said Thiel. He referred to the company’s twin strategy of expanding both its mining activities and energy capacity.
It follows MARA’s continued dominance in the Bitcoin mining sector, with its 54.3 EH/s hashrate accounting for a significant percentage of the world’s Bitcoin network computing power.
While the global Bitcoin hashrate and mining difficulty continues to trend higher, MARA’s mining production has increased. Higher hashrate and mining difficulty, in general, puts miners at a disadvantage when coming to producing blocks. MARA’s increase in production during this phase indicates good management of operational and strategic deployment of allocated mine capacity.
In terms of market context and the perspectives of analysts, the price action of Bitcoin is the continuing determinant for mining companies like MARA, as it has direct consequences on revenue and profitability with market prices. In the cryptocurrency market, analysts have fundamentally different perspectives with regards to Bitcoin’s price direction over the near term.
Analyst CryptoELITES posted a positive outlook on X, saying “Bitcoin’s path to $150K has started! April & May will be explosive—at least $120K is coming.” This positive outlook indicates possible revenue expansion for Bitcoin miners if such price targets are achieved.
Bitcoin’s journey to $150K has begun!
April & May will be explosive—at least $120K is on the horizon!
Are you ready for what’s coming?$BTC #Bitcoin #Crypto pic.twitter.com/9AkBiJIvs9
— @CryptoELlTES (@CryptooELITES) April 2, 2025
But not everyone watching the market feels that way. BitBull analyst noted technical hurdles, saying on X, “BTC is at a critical decision point! – Broke out of the wedge but rejected hard – If support fails, $74K could be the next stop.
MARA’s strategy of buying Bitcoin now with over 47,000 BTC positions the company to gain from possible price appreciation and a reserve that can support it during market volatility.”
Vignesh
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Bitcoin miner CleanSpark (CLSK) mined 493 BTC in September, according to details in an unaudited update published on October 4.
This brought the company’s total bitcoin mined year-to-end of September to 5,079, as per details in a mining update.
Moreover, total BTC mined in FY2024 rose to 7,098. With these figures, the total Bitcoin treasury holdings rose to 8,049 as of September 30. While the increase marked a 258% spike over the past year as of the end of September, CleanSpark noted it sold 2.5 BTC during the month.
Another year, another proven track record.
$CLSK finished FY2024 with over 8,000 #bitcoin in treasury, reaching 27.6 EH/s in hashrate and 552 MW of operational capacity at wholly-owned sites. These are increases of 258%, 187% and 132% from FY2023 respectively.
Despite… pic.twitter.com/alcSQ6BIFw
— CleanSpark Inc. (@CleanSpark_Inc) October 3, 2024
CleanSpark, a publicly-traded miner whose share price also rose significantly in the past year, also announced a surge in its hashrate.
As of September 30, 2024, CleanSpark’s hashrate stood at 27.6 EH/s – up from 9.6 EH/s and indicating a one year increase of 187%. The company added 5 EH/s to its capacity in September.
In a comment, Zach Bradford, CleanSpark CEO said:
“During the past year, we grew our hashrate from 9.6 EH/s to 27.6 EH/s, or 187%, with 5 EH/s coming online just during the month of September. The Company executed its plan to strategically diversify its portfolio across three new states and completed multiple expansions at existing data centers.”
Growth was down to CleanSpark getting through the pre-halving and post-halving period and the closure of multiple acquisitions. It includes the GRIID Infrastructure deal and expansion to new sites in the US.
With the expansion efforts, and emerging from Hurricane Helene relatively unscathed means further hashrate growth. According to Bradford, CleanSpark could hit 30 EH/s by the end of October 2024 and forecast 50 EH/s in 2025.
The Bitcoin miner released its unaudited update as BTC’s price struggled amid negative sentiment around geopolitical chaos in the Middle East. At the time of writing, the flagship cryptocurrency traded around $60,663, down 1.5% in the past 24 hours and -7.3% over the past week.
CLSK, on the other hand, changed hands at $8.58, about 2.5% down on the day. The crypto stock was down 17.7% in the past five days.
The U.S. spot Bitcoin ETFs are once again in the limelight amid soaring trading volumes reported this week. On Thursday, May 16, the spot Bitcoin ETF registered $257 million worth of net inflows, with GBTC recording inflows for the second consecutive day.
After seeing some major outflows last week, the U.S. Bitcoin ETFs have bounced back strongly with over $657 million in inflows till Thursday. As per the on-chain data, the BTC ETFs have scooped a total of 11,188 Bitcoins which is nearly five times the Bitcoins mined.
Week-to-date 1,800 #Bitcoin was mined (450×4)
Week-to-date, U.S. Bitcoin ETFs bought 11,188 #Bitcoin
— HODL15Capital
(@HODL15Capital) May 17, 2024
As of May 16, US Bitcoin spot ETFs witnessed a total net inflow of $257 million. Grayscale’s ETF GBTC experienced a notable single-day net inflow of $4.6382 million. Additionally, BlackRock’s ETF IBIT recorded a net inflow of $93.7004 million, while Fidelity’s ETF FBTC saw a net inflow of $67.0829 million within the same timeframe.
As we have seen over the last week, some of the big market players in traditional finance have been declaring their exposure to Bitcoin ETFs. This shows that institutional participation in Bitcoin ETF is strong and likely to continue going ahead. As per the data from Bitwise asset management, more than 700 institutional investors are likely to seek exposure to these Bitcoin funds.
The initial excitement surrounding Hong Kong’s first exchange-traded funds (ETFs) investing directly in cryptocurrency has fallen short compared to their US counterparts. Data from Bloomberg reveals that the total assets of the six Bitcoin and Ether ETFs have decreased by approximately $25 million from the initial $293 million gathered at their debut two weeks ago, indicating investor outflows.
Le Shi, head of trading at market-making and algorithmic trading firm Auros, described the response to the Hong Kong launches as “lukewarm” so far. Speaking to Bloomberg, he added:
“Firstly, they got beaten to the punch by the US. Secondly, there’s ongoing uncertainty about China’s intentions with regards to crypto, which is causing potential investors to tread carefully, or avoid the jurisdiction altogether.”
Bloomberg Intelligence ETF Analyst Rebecca Sin highlighted some positives from the launches, noting that total assets have already surpassed $250 million. Sin anticipates that more issuers will “join the race” as the ecosystem evolves, predicting that these portfolios could accumulate $1 billion within two years.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
It appears Bitcoin (BTC) wallet addresses with under 100 BTC have used the recent dump in the flagship cryptocurrency’s value to add to their positions.
According to on-chain data shared by Glassnode, the cohorts from shrimps (less than 1 BTC) to fish (less than 100 BTC), purchased 2.54x of daily mined supply over the past month. With the current daily mined coins at approximately 900, these entities scooped 2,286 BTC per day.
As can be seen in the chart below, the monthly absorption rates for shrimps, crabs and fish was 117%, 80% and 57% respectively. That’s a massive 254% in terms of the share of mined coins – shrimps, crabs and octopus and fish added to their total holdings last month. With Bitcoin price around $26,300, that’s more than $60 million worth BTC per day.
Bitcoin monthly distribution rates for shrimps, crabs, octopus and fish. Source: Glassnode
Shrimps now hold 1.26 million BTC, or 6.6% of the total circulating supply, up from roughly 4.86% a year ago. Crabs account for 2.03 million BTC, which is 10.5% of circulating supply. The cohort’s total holdings have increased from 8.7% from a year ago.
Meanwhile, the supply held by whale entities continued to decline and stood at 34.4% as of June 2023. This is a decline of 45% since Bitcoin’s first halving in 2012, when whales accounted for 62.7% of total BTC supply.
Whales currently hold approximately 6.64 million BTC, down from a peak of 7.8 million BTC in 2016.
✓ Share: