Bitcoin News

Bitcoin is regarded as the cryptocurrency which created the interest in the segment as a whole. Although it started out small, it’s one of the most expensive cryptocurrencies in the market to date, and sees a lot of transactions globally. Despite its volatility, this investment product is considered as a safe one for both new and seasoned investors. At CryptoMoonPress, we cover the latest happenings in the world of Bitcoin, from price analyses to market movements and fluctuations. We simplify complex terms related to this cryptocurrency, which is also regarded as Digital Gold, and help you understand the intricacies of investing in this currency better.

Bitcoin News

Russia’s Largest Lender Sberbank Issues First Bitcoin-Backed Loan

Russia’s largest lender Sberbank has issued the country’s first bitcoin-backed loan to a domestic mining firm. The pilot transaction was extended to Intelion Data, one of Russia’s major industrial Bitcoin miners. Sberbank confirmed the loan this week, describing it as a test case that could be expanded later.
Ritu Lavania -
Bitcoin News

VanEck: Recent Bitcoin Miner Slowdown May Signal Market Recoveries

VanEck says the recent slowdown in Bitcoin mining activity could be pointing toward a familiar phase in the market cycle ie., one that has historically preceded stronger price recoveries. VanEck’s Matt Sigel and Patrick Bush highlighted a roughly 4% drop in Bitcoin’s hashrate over the past month.
Ritu Lavania -
Bitcoin News

Northern Data Sells Bitcoin Mining Business Under Tether Ownership

Northern Data, the German-listed data center operator majority-owned by stablecoin issuer Tether, has sold its Bitcoin mining subsidiary to companies controlled by Tether’s own senior executives. In November, Northern Data disclosed that it had agreed to sell Peak Mining, its Bitcoin mining business, for consideration of up to $200 million.
Ritu Lavania -
Bitcoin News

Nick Rose’s Orion Compute Bets on Bitcoin Mining, AI Data Centers

Orion Compute, founded by early Bitcoin investor Nick Rose, is expanding into large-scale Bitcoin mining and AI data center infrastructure. The company said its strategy centers on deploying infrastructure in regions with abundant, underutilized energy, beginning with West Texas and extending into developing markets as regulatory and grid conditions allow.
Ritu Lavania -
Bitcoin News

NYSE Unveils Satoshi Nakamoto Statue as Bitcoin Firm XXI Debuts

The NYSE placed a bronze statue of Bitcoin’s creator, Satoshi Nakamoto, inside its historic building on Thursday. It was commissioned by Twenty One Capital, the company that began trading this week. The installation is part of an international art campaign that aims to place 21 Satoshi monuments across several countries.
Ritu Lavania -
Bitcoin News

Bitcoin’s Role as a Corporate Reserve Asset Gains Traction

Bitcoin’s position inside corporate treasuries is gaining visibility as more firms see the asset as a strategic reserve. The idea has been championed again by Blockstream founder Adam Back, who said this week that many companies are steadily moving toward Bitcoin-based balance-sheet model. Back pointed to the current market cycle
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