BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue.

Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW.

Ex-CEO Charged in Australia With Stealing $1.47M From Customer in Failed Bitcoin Deal.

Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing $1.47 million intended for bitcoin purchases.

Bitcoin could be used as currency by 2030 — CryptoQuant CEO

Bitcoin mining difficulty has surged by 378% over three years, signaling the potential for institutional-driven BTC stability by 2030.

*Chart depicting Bitcoin difficulty rising between 2010 and the fourth quarter of 2024. Source: CryptoQuant*

'The Case for Bitcoin as a Reserve Asset' — Bitcoin Policy Institute

According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.

*Correlations between Bitcoin and other reserve assets. Source: Bitcoin Policy Institute.*

Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin

Michael Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, Vitalik Buterin said.

Crypto academics slam controversial ECB paper blasting Bitcoin

The rebuttal critiques several arguments made by an ECB paper earlier this month that argued Bitcoin should be regulated or even banned.

*Decline in US dollar purchasing power since 2000. Source: Federal Reserve Bank of St. Louis*

Bitcoin miners cut costs, embrace AI post-halving: CoinShares

Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.

Grayscale’s Bitcoin, Ether 'mini’ ETFs pulled $750M in first 3 months

The "mini" trusts spun off from Grayscale's legacy Bitcoin and Ether funds in July.

Grayscale’s newest Bitcoin and Ether exchange-traded funds (ETFs) pulled more than $750 million in net inflows, the company reported on Oct. 29.

*Grayscale’s crypto ETFs. Source: Grayscale*

80% of Bitcoin ETF demand comes from retail investors: Binance

Retail investors, not institutions, have been responsible for most of the demand for spot bitcoin ETFs since their launch, says a new report from Binance.

*Retail investors account for nearly 80% of the total spot Bitcoin ETF AUM. Source: Binance*