分类目录归档：Bitcoin

New Hampshire’s Big Step into Bitcoin

Get ready for a big change in New Hampshire! The state’s Bitcoin bill just passed a major test with a 16-1 vote[1][5]. This is a huge step towards using Bitcoin in the state’s finances, and it might show other states how to do the same. Let’s find out more about this bill and what it means.

What’s in the Bill?

The bill was brought by Republican Keith Ammon and supported by Democrats Chris McAleer and Carry Spier. It lets the state treasurer invest up to 5% of the state’s money in digital assets[1]. But there’s a catch – the digital asset must have been worth at least $500 billion on average over the past year. Right now, that’s only Bitcoin[1]. The bill also lets the state invest in precious metals like gold, silver, and platinum[1].

Changes to the Original Plan

The bill originally wanted to invest 10%, but that was changed to 5%[1]. Also, the bill now doesn’t include stablecoins or the chance to earn more cryptocurrency by holding it (called staking)[1]. Any digital assets the state buys must be kept safely and legally[1].

What Does This Mean?

New Hampshire is now one of several states thinking about using cryptocurrencies in their finances. Other states like North Carolina, Oklahoma, and Texas are also working on similar bills[1]. If New Hampshire’s bill succeeds, it could show other states that investing in cryptocurrency is a good idea, which might lead to more acceptance of digital money in the U.S.

What’s Happening Nationally?

This bill comes at a time when the U.S. government is getting more interested in cryptocurrencies. President Trump recently said he wants to start a Crypto Strategic Reserve, which would include Bitcoin and other major cryptocurrencies[1]. This shows that digital money is being taken more seriously.

Looking Ahead: A New Way of Thinking About Money

New Hampshire’s Bitcoin bill passing the committee is a big deal. As it moves to the full House for a vote, it shows that the state is thinking about new ways to manage its money. If other states follow suit, we might see a whole new way of handling money in the U.S.

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Sources:
– Cointelegraph
– The Automatic Earth
– ADVFN

Bitcoin Soars Past $90,000: A Story of Tariffs and Market Toughness

Guess what? Bitcoin has done it again! It’s broken through the $90,000 mark, showing everyone that it can handle whatever comes its way. Let’s find out what made this happen.

Bitcoin’s Big Comeback

Bitcoin’s journey to $90,000 started when it bounced back from a dip below $83,000. This dip happened because of some news about tariffs from the U.S. government[1]. But then, the U.S. decided to wait on these tariffs, which made investors feel better and caused Bitcoin’s value to go up. On March 5, Bitcoin even reached $90,364 for a short time[1]!

What’s Helping Bitcoin?

Several things are helping Bitcoin right now:

• Tariff Delay: When the U.S. said it would wait on those tariffs, it made investors less worried. This helped not just Bitcoin, but also other cryptocurrencies and regular stocks[2].
• Global Economic Plans: Germany is making it easier to borrow money, and China is planning to spend more. These plans make investors feel more confident, which is good for Bitcoin[2].
• U.S. Dollar Index: The U.S. dollar has been getting weaker, and this often helps cryptocurrencies like Bitcoin[2].

Bitcoin’s Strength and Future

Even with all the ups and downs, Bitcoin is still strong. A special index shows that Bitcoin’s network is getting healthier, with more people using it and trading it[2]. Some experts think Bitcoin might soon find a steady price after all the recent changes[1]. But others also say it might drop to around $62,000 before going back up[1].

What’s Next for Bitcoin?

Bitcoin’s ability to reach $90,000 shows that it can handle economic ups and downs. Even though there might be challenges ahead, Bitcoin’s strength and improving fundamentals suggest a bright future. But remember, the market can change quickly, so it’s important to stay alert!

Sources: crypto.news, coindesk.com, binance.com

El Salvador’s Bitcoin Adventure: A Story of Hopes and Hurdles

In 2021, El Salvador made a big decision. It became the first country to say Bitcoin is legal money, just like dollars or pesos. People thought this was a great idea, but things didn’t go as planned. Let’s find out what happened.

Why El Salvador Chose Bitcoin

El Salvador’s president, Nayib Bukele, wanted to use Bitcoin to help the economy grow and attract more people to invest in the country. He thought Bitcoin could help people who don’t have bank accounts and make it easier for them to send money to their families. But this plan had many challenges from the start.

Problems Along the Way

People Didn’t Like It and There Were Tech Issues

Even though the government gave people money to use Bitcoin, not many people used it. A digital wallet called Chivo had problems, which made people worry about using it. These issues and the fact that not many people wanted to use Bitcoin made it hard for it to become a part of everyday life.

Bitcoin’s Price Went Up and Down Too Much

In 2022, the price of Bitcoin went up and down a lot. This made it hard to use Bitcoin as money because you never knew how much something would cost. This instability, along with El Salvador’s other economic problems, made international organizations worry about the country.

International Organizations Had Conditions

The International Monetary Fund (IMF) gave El Salvador a loan of $1.4 billion. But to get it, El Salvador had to stop buying Bitcoin with public money and stop supporting the Chivo wallet by July 2025. This meant the country had to change its plans for Bitcoin.

What Happened and What It Means for the Future

Economic Problems Got Worse

El Salvador’s economic problems, like a big deficit and a lot of debt, got worse because the Bitcoin plan didn’t work. The country’s economy didn’t grow as much as people hoped, and using Bitcoin didn’t help the economy like they thought it would. Now, El Salvador is one of the countries most likely to have trouble paying its debt.[3]

Lessons Learned

El Salvador’s Bitcoin adventure teaches us that it’s important to have a strong financial system, clear rules, and to slowly add cryptocurrencies to the economy. It also shows that other types of digital money, like ones controlled by central banks, might be more stable and easier to control.

What We Can Learn from El Salvador’s Bitcoin Adventure

El Salvador’s Bitcoin experiment was a big idea, but it had too many problems. People didn’t like it, there were technical issues, the price went up and down too much, and international organizations made the country change its plans. This story shows us that it’s important to plan carefully and have a strong financial system before trying big changes like this.

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Sources:
– papers.ssrn.com
– tradingview.com
– youtube.com

Exploring the iShares Bitcoin Trust ETF: A Simple Guide

The iShares Bitcoin Trust ETF is like a special box that holds Bitcoin, so you can invest in it without buying Bitcoin directly. The SEC 10-K report is like a detailed map of this box, showing us how it works, how it’s doing, and what might happen in the future. Let’s explore this map together!

How the iShares Bitcoin Trust ETF Works

The iShares Bitcoin Trust ETF is like a big safe that holds Bitcoin. Instead of buying and keeping Bitcoin yourself, you can buy a tiny piece of this safe. This way, you get to enjoy the ups and downs of Bitcoin’s price without the hassle of managing it yourself.

What the 10-K Report Tells Us

• Business Description (Item 1): This is like a simple explanation of what the ETF does. It tells us how it holds and takes care of the Bitcoin it has[1].
• Risk Factors (Item 1A): This part lists things that could go wrong, like if Bitcoin’s price goes crazy or if rules about Bitcoin change[1].
• Legal Stuff (Item 3): This is where we find out if the ETF has any problems with the law[1].
• Money Stuff (Item 6 and Item 8): These are like snapshots of the ETF’s money. They show us how much it has, how much it makes, and how it spends its money[3].

How the iShares Bitcoin Trust ETF is Doing

The iShares Bitcoin Trust ETF’s performance is like a rollercoaster ride, going up and down with Bitcoin’s price. When Bitcoin goes up, the ETF’s value goes up too. When Bitcoin goes down, the ETF’s value goes down as well.

What the Managers Say (MD&A)

The managers of the ETF tell us about the ETF’s money and how it’s doing. They talk about things like how Bitcoin’s price changes and if more people want to buy the ETF[3]. This helps us understand if the ETF is doing well or not.

What’s Next for the iShares Bitcoin Trust ETF

The future of the iShares Bitcoin Trust ETF has some challenges, like figuring out rules about Bitcoin and dealing with price changes. But it also has good things, like more people wanting to invest in Bitcoin and wanting to diversify their investments.

Rules and Regulations

The rules about Bitcoin are changing, and this can affect the ETF. If there are new rules, the ETF might have to change how it works, and this could make investors worry.

Let’s Wrap Up

In conclusion, the iShares Bitcoin Trust ETF’s 10-K report is like a helpful guide that tells us about the ETF’s business, money, and future. As the Bitcoin world keeps changing, understanding this guide can help investors make better choices.

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Sources:
– guides.library.utoronto.ca
– freshbooks.com
– sec.gov

CleanSpark’s Big Bitcoin Boost in February 2025

In the fast-paced world of cryptocurrency, CleanSpark, Inc., a top Bitcoin mining company, has been making waves. In February 2025, they added nearly 6% more bitcoins to their treasure trove![2][3] This isn’t just a small victory; it shows that CleanSpark is doing great in their operations and is a strong player in the competitive Bitcoin mining industry. Let’s find out more about this achievement and what it means for CleanSpark’s future.

What Happened in February 2025?

CleanSpark’s February update had some exciting news:

• Bitcoin Mining Output: Despite February being a short month, CleanSpark mined 624 bitcoins![2][3] This helped them add more bitcoins to their treasury, which now has 11,177 bitcoins.[2][3]
• Efficiency Improvements: CleanSpark’s mining machines became more efficient. On average, they used 17.07 joules of energy to make one terahash (a unit used in Bitcoin mining).[2][3] At their best, they used only 16.82 joules per terahash![2][3] This means they can make more bitcoins using less energy, which is great for their profits when Bitcoin prices change.
• Hashrate Performance: At the end of February, CleanSpark’s mining machines were working at a speed of 40.7 exahashes per second (EH/s).[3] This is like having many, many computers working together to solve math problems really fast!

What’s Next for CleanSpark?

CleanSpark isn’t stopping here. They have big plans for the future:

• Expanding Their Facilities: CleanSpark is building more mining machines in Georgia, Wyoming, and Tennessee.[2][3] In Georgia, they’re adding more machines that use less energy (immersion deployments). In Wyoming, they’ve agreed to use 35 more megawatts of power. And in Tennessee, they’re building a new facility that will add 48 megawatts of power![2][3]
• Hashrate Targets: CleanSpark wants to reach a mining speed of 50 EH/s by the end of June 2025.[2][3] They’re also preparing for even faster speeds in the future!

How’s CleanSpark Doing Financially?

CleanSpark’s financial health is looking good. In the past year, their revenue grew by 118%![3] They have nearly $2.8 billion in assets and $1.2 billion in cash.[3] This means they can invest more in their operations and expand their mining capabilities.

What Does the Future Hold?

In short, CleanSpark’s 6% increase in bitcoins in February 2025 shows that they’re doing great in their operations and planning. With their ongoing expansions and focus on efficiency, they’re ready to keep growing in the Bitcoin mining world. But to stay ahead, they’ll need to keep adapting to changes in the market.

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Sources:

• investors.cleanspark.com
• investing.com
• gurufocus.com

Bitcoin’s Calm Before the Storm

Imagine you’re on a roller coaster ride, and suddenly, it starts moving smoothly and steadily. That’s what’s happening in the world of Bitcoin right now. In February, something unusual happened – Bitcoin’s wild price swings became much less wild. This isn’t just a brief moment of calm; it’s a sign that something big might be about to happen.

What’s Volatility?

Volatility is like the ups and downs of that roller coaster ride. In simple terms, it’s how much the price of something, like Bitcoin, changes over time. Bitcoin is famous for its big price swings, but recently, those swings have become much smaller. This is what we mean by ‘low volatility’.

Realized and Implied Volatility

There are two types of volatility we’re looking at:

• Realized Volatility: This is like looking at the past. It shows us how much the price of Bitcoin has changed over a specific period. Right now, Bitcoin’s realized volatility is at one of its lowest points in years. This means that Bitcoin’s price has been very stable lately.[2]
• Implied Volatility: This is like looking into the future. It shows us what people expect the price of Bitcoin to do in the coming weeks. Right now, implied volatility is also very low, which means people expect Bitcoin’s price to stay stable.[2]

The Calm Before the Storm

When Bitcoin’s volatility gets this low, it’s like the calm before a storm. In the past, when Bitcoin was this calm, big things happened. For example, once Bitcoin’s volatility was low, its price went up by 20-30% in just a few weeks![4] This is because volatility has a way of ‘mean-reverting’, which means it tends to go back to its usual level after a period of being very low or very high.

What’s Next?

No one can say for sure what will happen next, but there are some things that might give us a clue:

• US Dollar Strength Index (DXY): In the past, Bitcoin has moved in the opposite direction of the DXY. But recently, even though the DXY has gone up, Bitcoin has stayed strong.[4]
• Institutional Demand: Bitcoin ETF inflows have slowed down during this low volatility period. This might mean that big players are waiting for a clear signal before they start buying more Bitcoin.[4]
• Political Factors: In the past, political events have influenced Bitcoin’s price. For example, when Donald Trump became president in 2017, Bitcoin’s price went up a lot.[4]

The Future of Bitcoin

As Bitcoin’s volatility stays low, we’re waiting for something big to happen. Whether it’s a big jump or a big drop depends on many things, like what’s happening in the world and how people feel about investing. But one thing is for sure – this calm won’t last forever. When volatility builds up like this, it’s like a rubber band that’s about to snap. And when it does, the change in Bitcoin’s price could be big.[4]

So, investors and analysts are watching closely, waiting for the next big move in Bitcoin’s roller coaster ride.

Sources:

• CoinDesk
• Bitcoin Magazine
• Veterans in Trucking
• Gallagher Insurance

Hut 8: A Shining Star in Bitcoin Mining

In the fast-changing world of cryptocurrency, Hut 8, a top North American Bitcoin miner, has been making big strides in 2024. Their latest financial report shows they’re doing really well, with a lot of money coming in and a big increase in their Bitcoin supply. Let’s look at the key things that made Hut 8 successful and what they’re planning for the future.

Money Matters: A Year of Success

Hut 8’s financial report for 2024 shows they made a net income of $331 million, with $162 million coming from the rise in Bitcoin prices[1]. But it’s important to know that only $80.7 million of that came from actually mining Bitcoin[5]. The rest came from other things like digital assets, which helped a lot in their overall earnings[4].

Hut 8’s success is also clear in how many Bitcoins they have. By the end of 2024, they had 10,171 Bitcoins[1], which is worth about $905 million at today’s prices. This shows that Hut 8 is smart about using Bitcoin to help their mining operations grow.

Big Plans for the Future

Hut 8 isn’t stopping now. They’re working hard to grow and have big plans for the future. They want to use their 12 GW power pipeline to help their mining operations get even bigger[3]. One place they’re focusing on is the Vega site, which they think will bring in about $125 million each year once it’s fully working[3]. This shows how serious Hut 8 is about getting bigger and better in the cryptocurrency mining world.

Ups and Downs in the Industry

The cryptocurrency market can be unpredictable, and Hut 8’s success depends on how the price of Bitcoin changes. But even with these challenges, Hut 8 is strong because they do many different things, like mining on their own, hosting, and providing data center services[2].

Hut 8 also goes to a lot of industry events and conferences, which helps them stay up-to-date with the latest trends and technologies in the digital asset world. This not only helps them work with others but also helps them find new opportunities in the crypto space.

A Bright Future for Hut 8

In short, Hut 8’s strong financial performance in 2024 and their big plans for the future look really good. As the cryptocurrency world keeps changing, Hut 8’s diverse operations and big Bitcoin supply put them in a good place to handle challenges and find new opportunities. With a focus on growth and innovation, Hut 8 is ready to stay a major player in the Bitcoin mining industry.

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Sources:
– Binance
– Hut 8
– Seeking Alpha
– Morningstar