Bitdeer has started building a $36 million manufacturing facility in Sparks, Nevada, its first U.S. site, expected to produce up to 10,000 SEALMINER mining rigs per month by the end of 2026. This move supports Bitdeer's strategy to improve supply chain resilience and reduce reliance on external suppliers amid tough Bitcoin mining conditions caused by low hash prices and the 2024 halving. The factory will create about 70 local jobs and complement Bitdeer's existing U.S. data centers and innovation hub. Despite challenging market conditions, Bitdeer reported strong mining performance in May, mining 921 Bitcoin with a self-mining hashrate of 70.2 EH/s, and is expanding into AI cloud services and advanced mining hardware like hydro-cooled rigs.
US spot Bitcoin ETFs have accumulated about 1.27 to 1.32 million BTC, representing roughly 6.29% of Bitcoin's total supply and $102.5 billion in assets under management. BlackRock dominates this market with its iShares Bitcoin Trust holding over 60% ...
NEAR Protocol's Intents layer has surged to $169 million in total value locked (TVL), a 77.2% increase in 30 days, spanning 26 blockchains. NEAR's own chain holds over half the TVL, followed by Ethereum and others like Tron and Bitcoin. The protocol ...
US spot Bitcoin ETFs currently hold 6.29% of all Bitcoin, representing $102.5 billion in assets. If these ETFs reach 10%, about one in ten Bitcoins would be locked in funds, reducing the tradable supply and potentially increasing price volatility. Th...
Solana spot ETFs have recorded 12 consecutive weeks of net inflows, accumulating over $1.4 billion and reaching $1.62 billion in assets under management. Bitwise's staking ETF leads this growth by offering both price exposure and staking rewards, att...
A Zcash spot ETF launched in late August 2026 has rapidly grown to represent 32.5% of all spot crypto ETF trading volume, driven largely by a single high-activity trading day on September 16. This surge was influenced by market reactions to Federal R...
