Marathon is now the 2ndlargest listed holder of Bitcoin CEO
During the company’s third-quarter earnings call on Nov. 8, Marathon Digital CEO Fred Thiel revealed the company now holds 11,300 BTC, worth around $205 million at...
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Elephant in the Room FTX Troubles Force Exchange Executives to Talk About ProofofReserves
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours....
Riot Blockchain third quarter revenue falls short of analyst estimates
Bitcoin mining company Riot Blockchain fell short in the third quarter, missing analyst targets for revenue. Riot posted a net loss of $36.6 million, or 24...
Bitcoin mining difficulty barely adjusts downward by 019 as miner pressure continues
Bitcoin’s (BTC) mining difficulty has plateaued since the beginning of November and saw a 0.19 percent drop on Nov. 7 following its latest adjustment, according to...
US DOJ Seized Over 50,000 BTC Related to Silk Road
The United States Department of Justice (DoJ) announced the historic seizure of over $3 billion worth of bitcoin from a fraudster who allegedly scammed the defunct...
Fidelity turns its attention to retail investors with new crypto offering
The investment powerhouse opened up a waiting list for Fidelity Crypto, which it says will offer commission-free trading of bitcoin and ether alongside traditional stock investments...
China holds 39B worth of Bitcoin despite anticrypto stance
CryptoQuant co-founder Ki Young Ju said the Chinese government is a crypto whale, despite its negative posture toward the industry. According to Young Ju, China holds...
Crypto exchange volumes hit 23month low
Cryptocurrency exchange volume in October was just $543 billion — down from $733 billion in September — according to The Block’s data dashboard. The last time...
Paraguay Warns About Growth of Illegal Bitcoin Mining Operations and Effect on Power Stability of the Country
The growth of illegal bitcoin mining operations could affect the stability of the power system in Paraguay, according to statements from the National Power Administration. The...
El Salvador Opens a Bitcoin Embassy in Switzerland
The embassy is dedicated to encouraging more states and countries to adopt Bitcoin. El Salvador has signed a memorandum of understanding with the city of Lugano,...
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