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HIVE Digital Technologies delivered record second-quarter revenue of $87.3 million, surging 285% from the prior year, as the Canadian miner aggressively expanded Bitcoin operations to 25 EH/s while scaling its high-performance computing division amid broader industry pressure.
The post Bitcoin Miner HIVE Digital Scores 285% Revenue Pump Thanks To BTC Expansion appeared first on Cryptonews.

Bitcoin slipped below $90,000 this week, a level it had not touched in seven months, according to data. Traders watched nervously as the flagship token moved around $90,700, leaving it roughly 25% beneath its recent all-time high of just over $126,000 reached on Oct. 6. Markets noted that a big liquidation event on Oct. 10 still echoes through trading desks. Related Reading: From Dotcom To Crypto: Veteran Analyst Says The Bull Run Isn’t Over Analysts See A Near-Term Bottom According to an interview on CNBC, BitMine chairman Tom Lee said the Oct. 10 liquidations and ongoing uncertainty about whether the US Federal Reserve will cut rates in December have kept pressure on crypto. He described signs of exhaustion among sellers and cited technical work suggesting a bottom...

Crypto-friendly AMINA Bank has secured a license to expand its institutional crypto services in Hong Kong, a market where crypto trading volumes rose 233% in the first half of 2025.

Chido Munyati, head of Africa at the World Economic Forum, said in a statement that outdated payments and documents are a significant obstacle for African trade, one that he hopes digitization can solve.

The Securities and Exchange Commission’s latest examination priorities document didn’t mention crypto as an area of focus for the coming year, unlike in previous years.

Mt. Gox just moved 10,608 BTC worth $953 million, its first big transfer in months, as $4 billion in creditor repayments stay delayed until October 2026.