Vivek Sen

Switzerland's fourth largest bank, Zürcher Kantonalbank (ZKB), has launched Bitcoin and crypto trading and custody services amid the country's open regulatory environment.

The Bitcoin network hashrate hit a new all-time high of 746 EH/s on September 3rd, showcasing improved security and fundamentals. This comes as Bitcoin prices decline, underscoring the disconnect between short-term pricing and long-term network health.

BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust, saw an outflow of $13.5 million on Thursday, marking the first withdrawal since May 1st amid a third straight day of outflows from Bitcoin ETFs.

While U.S. Bitcoin ETFs face outflows, Australia's spot Bitcoin ETFs continue steadily accumulating BTC holdings. The ongoing inflows highlight growing mainstream Bitcoin demand in the region.

Leading Bitcoin miner GDA plans to expand its recently launched 60 MW Texas data center to 400 MW. The ambitious scaling signals GDA's commitment to leveraging Texas' renewable energy and innovation-friendly policies.

U.S. spot Bitcoin ETFs saw $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since August 6th. The outflow ended an eight-day streak of positive inflows totaling $756 million into the Bitcoin products.

BlackRock's spot Bitcoin ETF saw its largest single-day inflow in over a month on Monday, taking in $224 million amid a slight Bitcoin pullback. The sizable injection extends an 8-day streak of net inflows into US spot Bitcoin ETFs.

Medical device maker Semler Scientific purchased an additional 83 Bitcoin for $5 Million, boosting its total Bitcoin treasury to 1,012 BTC acquired for $68M. Semler is pursuing a strategy of buying Bitcoin with cash reserves.

The 3 Hong Kong spot Bitcoin ETFs surpassed HK$2 billion ($272M) in assets under management since launching this year. The growth shows increasing institutional appetite for regulated Bitcoin products in Asia.

Bitwage now serves over 4,500 companies and 90,000 users that leverage its platform to pay employee salaries in Bitcoin and crypto. Bitwage is on track to process over $400 million in payroll transactions this year.