Those miners with larger operations and lower costs are winning favor with investors amid volatile market conditions.
Amid a recession and political paralysis, the Federal Reserve will have no choice but to revert to quantitative easing. What will that mean for cryptocurrencies like bitcoin?
Shares of many crypto-related stocks had been battered during the week.
A “Revival Plan” submitted Friday by the Terraform Labs CEO would redistribute ownership of the network.
Bitcoin (BTC) is on track for its first consecutive seven-week decline – a sign of negative price momentum. The relief bounce could stall with resistance nearby.
erraform Labs’ Do Kwon and his collaborators sold a bad bet to tens of thousands of everyday folks. We’re beginning to see how immense the harm was.
Asset-backed projects want regulators to know: Not all stablecoins are created equal.
Bitcoin (BTC) bounced around $30K on Friday, although some analysts expect a period of low returns. Meanwhile, there has been less interest in stablecoins amid volatility.
The local monetary authority surprised banks by banning them from offering crypto, but so far it’s left local exchanges alone.
Bitcoin (BTC) is experiencing less selling pressure relative to some altcoins, which is a risk-off signal. Analysts expect more volatility because of ongoing stablecoin risks.
Despite the news, shares of the miner were up in after-hours trading.
The buy represents a 7.6% stake in the popular trading app.
FTX chief Sam Bankman-Fried spent hours before U.S. lawmakers Thursday defending his request to allow customers to directly clear margin-backed crypto derivatives. The existing derivatives industry and its allies argued he’s seeking a power that could stretch well beyond crypto.
Details are vague, but Lightspark has raised an undisclosed funding round co-led by Andreessen Horowitz and Paradigm.
A New York man has been arrested and charged with fraud for his role in alleged crypto investing scheme “EminiFX.”
Financial details for the blockchain development platform’s first acquisition were not disclosed.
The miner is also being approached with potential M&A deals as some other miners are struggling to finance their growth.
Data suggests that many traders are moving their assets from DeFi protocols; bitcoin rallies after falling below $26,000 in Thursday trading.