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Bitcoin market cautious as longs and shorts balance out
Bitcoin’s drop to below $50,000 on Aug. 5 marked the largest drawdown in the current cycle, resulting in substantial profit losses and liquidations. And while BTC has shown solid signs […]
Riot increases Bitfarms ownership stake following board member removal
Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the Canadian Bitcoin mining firm. This development follows Riot’s acquisition of […]
Board changes at Bitfarms amid revenue drop and Riot’s hostile takeover efforts
Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board immediately amid the ongoing fight against Riot Platforms‘ hostile takeover bid, according to an Aug. 13 statement. Bonta […]
BitGo moves $2 billion in Bitcoin, marking progress in Mt. Gox repayments
Blockchain analytical firm Arkham Intelligence reported that crypto custodial service provider BitGo moved $2 billion of Mt. Gox’s Bitcoin to a new wallet, “bc1qpn,” according to an Aug. 13 post […]
Bitcoin climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions
Bitcoin’s price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange. The rally, which saw the leading crypto […]
Polymarket betting markets return 455% on Trump’s interview with Musk
Polymarket betting markets have surged with activity centered around Donald Trump’s return to the social media platform X, formerly Twitter. These markets allow participants to wager on various outcomes tied […]
Ro Khanna hints at ‘positive’ Democrat crypto regulation update after high-profile meetings
Pro-Bitcoin Democrat House Representative and lawyer Ro Khanna expects the Biden administration to release a crypto regulation roadmap “in the coming weeks” following recent discussions between the White House and […]
Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy
Marathon Digital Holdings, Inc. has announced a proposed private offering of $250 million in convertible senior notes, with the proceeds primarily aimed at acquiring bitcoin and supporting general corporate purposes. […]
Crypto liquidity crisis causes major price slippages during sell-offs – Kaiko
Crypto markets continue to grapple with liquidity fragmentation, leading to persistent price discrepancies across exchanges. According to a recent Kaiko report, these disparities are diminishing over time, but they remain […]
El Salvador’s Bitcoin City port transformation secures $1.6 billion investment
El Salvador President Nayib Bukele announced that Turkish company Yilport Holdings will invest $1.6 billion—the largest private investment in the nation’s history—to upgrade two ports, including one in the home […]