Author: Mike Dalton

Bitcoin (BTC) miner TeraWulf announced it has fully satisfied its debt obligations and plans to scale up its operations. On July 9, the firm said its final debt payment amounted to $77.5 million, including pre-payment fees and accrued interest. TeraWulf completed the repayment ahead of schedule and has no outstanding debt…

Spot Ethereum (ETH) ETF applicants amended their registration statements as Bloomberg ETF analyst Eric Balchunas predicted a launch date. On July 8, Balchunas said his “best guess” for the fund’s launch is July 18 but declined to make an over/under prediction as SEC plans remain unclear…

Coinbase Derivatives plans to launch margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHIB). On June 28, the service published an announcement and submitted filings to the CFTC to list each contract under a self-certification model. It intends to launch the products on July 15…

Germany’s Deutsche Telekom is expected to start mining Bitcoin, according to an executive at its subsidiary Telekom MMS. The unit’s head of web3 Infrastructure and solutions, Dirk Röder, teased the plans during a talk at the BTC Prague conference around June 14. Meanwhile, another telecom company — China-based Coolpad — is looking to expand its

Stronghold Digital Mining reported a 47.1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC in April. Meanwhile, revenues for the month came in at $5.2 million, a 46% drop from the previous month…