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The Daily: IMF urges El Salvador to limit scope of bitcoin law, HBO documentary claims to unveil Satoshi's identity and more

The newsletter covers IMF warnings to El Salvador, TeraWulf's stake sale, Hyperliquid's trading success, Bitcoin ETF outflows, and an HBO documentary on Satoshi Nakamoto's identity.

theblock.co • 04/10/2024 - 17:18 PM

TeraWulf sells $92 million stake in nuclear-powered bitcoin mine to fund AI diversification

TeraWulf sold a 25% stake in a nuclear bitcoin mining facility for $92 million to fund HPC and AI data center expansion, diverging from traditional bitcoin mining strategies.

theblock.co • 04/10/2024 - 10:00 AM

TeraWulf sells $92 million stake in nuclear-powered bitcoin mine to fund AI diversification

TeraWulf sold its 25% stake in a nuclear bitcoin mining facility for $92M to expand AI and HPC services, achieving a 3.4x return on investment.

theblock.co • 04/10/2024 - 10:00 AM

BITCOIN

IMF urges El Salvador to limit scope of bitcoin law in ongoing talks

The IMF advises El Salvador to limit bitcoin legislation scope, enhance regulatory frameworks, and reduce public sector exposure to stabilize the economy amid ongoing discussions with authorities.

theblock.co • 04/10/2024 - 07:52 AM

BITCOIN

Global crypto investment products add $1.2 billion in net weekly inflows as Ethereum funds break five-week negative streak: CoinShares

Global crypto funds see $1.2 billion net inflows, led by Bitcoin and Ethereum investments, amidst positive U.S. monetary policy expectations, despite some markets experiencing outflows.

theblock.co • 30/09/2024 - 09:23 AM

The Daily: IMF urges El Salvador to limit scope of bitcoin law, HBO documentary claims to unveil Satoshi's identity and more

TeraWulf sells $92 million stake in nuclear-powered bitcoin mine to fund AI diversification

TeraWulf sells $92 million stake in nuclear-powered bitcoin mine to fund AI diversification

IMF urges El Salvador to limit scope of bitcoin law in ongoing talks

IMF urges El Salvador to limit scope of bitcoin law in ongoing talks

Japan’s Metaplanet earns $1.4 million in bitcoin by selling put options, boosts holdings to 530 BTC

Japan’s Metaplanet buys additional $6.9 million in bitcoin, bringing total holdings to $32 million

The Daily: Bithumb mulls Nasdaq listing, CleanSpark CEO predicts bitcoin to peak near $200,000 this cycle and more

CleanSpark CEO expects bitcoin to peak near $200,000 this cycle: Bernstein

Global crypto investment products add $1.2 billion in net weekly inflows as Ethereum funds break five-week negative streak: CoinShares

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