With bitcoin’s price having more than doubled last year, the effort thrown at mining bitcoins is also growing rapidly, with the hashrate cracking one zetahash on Jan. 2.

Following four days of record outflows totaling $1.5 billion, Bitcoin ETFs are regaining investor confidence.

Bitcoin spot ETFs recorded over $1.5 billion in outflows over four days amid the ongoing market correction.

Despite $1 billion in outflows, digital asset funds managed to maintain positive inflows, marking the 11th consecutive week of growth.

Saylor’s MicroStrategy bought another $561 million worth of Bitcoin last week.

The four-star recruit’s contract highlights a growing trend of athletes embracing cryptocurrency.

Bitcoin and major altcoins plunged for a third day after the Federal Reserve signaled no plans to hold digital assets and adopted a cautious stance on future rate cuts.

Bitcoin and Ether are plunging after the Fed signalled that it would be cautious about further rate cuts, dampening investor appetite for risky assets.

Nearly $6 billion worth of BTC is now staked via Babylon.

The latest purchase takes the company’s Bitcoin holdings to 439,000 BTC.