FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining…
Public companies holding Bitcoin face impairment losses amid market crash
MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below…
Mining giant is forced to sell-out 79% of BTC to pay debt
One of the top crypto mining companies, Core Scientific, sold 79% of its Bitcoin holdings in June to survive the…
Will release of $3B Bitcoin from Mt Gox cause market bottom in August?
137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. Gox…
European Central Bank hints at PoW-based crypto ban by 2025
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in…
Bitcoin production cost decline could be a negative for price, JPMorgan says
JPMorgan Chase & Co. strategists said that Bitcoin’s (BTC) cost of production is down by almost half to $13,000 presently…
Crypto trading volume plunges to 18-month low, Coinbase feels the pinch
Cryptocurrency trading volumes fell to their lowest point since 2020 at the end of June due to current market conditions,…
Michael Novogratz predicts BTC could hit $500K by 2027
Galaxy Digital CEO Michael Novogratz believes the current bear market is just a rough patch, and global economics and crypto…
Morgan Stanley is willing to buy El Salvador bonds despite poor performance
Morgan Stanley has expressed readiness to buy El Salvador bonds despite it being one of the worst performers this year,…
Tesla has sold 75% of its Bitcoin holdings, earning $936M
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 3 days ago…
