CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. CleanSpark Q3 financial highlights Lost $14.2 million versus…

Key takeaways Bitcoin has been trading below the $30k level in recent days, but favourable inflation data could push it higher. Chancer’s stage two presale is now close to the $1.2 million mark.  The cryptocurrency market has been choppy over the past few weeks, with prices of most coins stuck within certain regions. BTC has…

SEC has to rule on ARK’s application for a Bitcoin ETF by August 13th. Cathie Wood expects the financial regulator to extend that deadline. A summary of what else she said in an interview with Bloomberg today. The U.S. SEC will likely delay ruling on application for a Spot Bitcoin ETF that Ark Invest registered…

Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus being BTC. Bitcoin traded near the $28,800 early afternoon on Monday as caution dictated overall sentiment across the market. Stocks…

Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday. Block Inc ended nearly 15% down on Friday even though it reported market-beating results for its second financial quarter. Bitcoin made up half of…

Miami Mayor Francis Suarez, a Republican, announced his candidacy for the 2024 presidential election in June. Miami has currently been trending for all the right reasons from Lionel Messi mania to the mayor accepting BTC donations. The mayor has also said that he would ban a central bank digital currency (CBDC). Bitcoin-friendly Miami Mayor Francis…

Key takeaways Bitcoin is still trading around $29k per coin and could dip lower in the near term. Shiba Memu’s presale has hit %1.5 million after selling more than 52 million SHMU tokens.  Bitcoin has been underperforming in recent weeks, down from the $31k level it achieved last month. The world’s leading cryptocurrency by market…

MicroStrategy bought another 12,333 Bitcoin in its second quarter. The business intelligence company returned to profitability in Q2. MicroStrategy stock has roughly tripled versus the start of 2023. MicroStrategy Inc – one of the most prominent institutional holder of Bitcoin – says it returned to profitability in its second financial quarter. Its shares are still…

About $6.5 million flowed out of funds tracking different cryptocurrencies last week. Bitcoin recorded $13 million in outflows, while Ethereum benefited from XRP-driven sentiment to record $6.6 million in inflows. The minor outflows follow 4 consecutive weeks of inflows. CoinShares’ latest report on digital assets investment products suggests the industry saw minor outflows of $6.5…