CoinShares’ $30.3 million assets stuck on FTX

Coinshares, in a recent statement today, revealed that it had lost $30.3 million to the FTX saga. The firm claimed to have held BTC and ETH with the firm but still affirmed it was financially stable. дальше »

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Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed 100%

Majuro, Marshall Islands, 9th November, 2022, Chainwire The global cryptocurrency exchange Gate. io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findings in a report following the completion of a proof-of-reserves assessment. дальше »

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Gate.io Proof-of-Reserves attestation shows user asset reserves exceed 100%

The global cryptocurrency exchange Gate. io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findinThe post Gate. дальше »

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Bitcoin Could Rally Another 500% On BTC Becoming Less Volatile Than The S&P 500 and Nasdaq

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Is Bitcoin price finally decoupling from US stocks?

Bitcoin (BTC/USD) remains lodged near $20,000, a price level it has traded at or around for most of the past several months. But is the cryptocurrency showing signs of finally decoupling from US stocks? HC Wainwright, a leading investment banking provider and equity research firm, notes that trading patterns suggest this could be the case. дальше »

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Bitcoin mining firm Iris Energy on verge of $103M loan default

A tweet from Bitcoin Magazine Analyst Dylan LeClair stated BTC mining firm Iris Energy is close to defaulting on a $103 million loan held by the New York Digital Investment Group (NYDIG). The post Bitcoin mining firm Iris Energy on verge of $103M loan default appeared first on CryptoSlate. дальше »

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Asset management firm launches BTC Lightning Network startup accelerator

The startup accelerator will consist of four yearly 8-week programs, with successful applicants receiving $250,000 and one receiving an additional $500,000 at the end of the program. дальше »

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Chinese agents used Bitcoin transactions through Wasabi to allegedly bribe US government employee

According to an analysis by crypto risk management firm Elliptic, two Chinese intelligence agents used Wasabi Wallet to conceal BTC transactions allegedly used for bribes. дальше »

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4 Pro-Crypto Affiliates Support Grayscale in their Case against the U.S. SEC

Four affiliates have joined the case between Grayscale and SEC in a bid to support the crypto fund manager against SEC's decision to deny the firm access to convert GBTC into a spot BTC EFT. дальше »

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Bitcoin’s Proof of Work is a ‘feature not a flaw’: CleanSpark CEO

Bitcoin (BTC/USD) is the largest proof-of-work network, using the energy intensive mining mechanism to process transactions and secure the blockchain. And Zach Bradford, the chief executive officer of bitcoin mining firm CleanSpark (NASDAQ: CLSK), says proof-of-work is a “feature, not a flaw. дальше »

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Further BTC mining consolidation as Crusoe acquires peer mining firm

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead. дальше »

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Marathon reports $80M exposure to bankrupt mining firm

Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3. дальше »

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Marathon Digital invested over $30 million in bankrupt Compute North

Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21. 3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, according to an October 6 press statement. дальше »

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Bitcoin mining firm Compute North files for bankruptcy

Compute North, a leading operator of cryptocurrency mining data centers and which counts multiple top Bitcoin (BTC) mining firms as partners, has filed for bankruptcy. The Minnesota-based company, which reportedly owes $500 to creditors, filed the Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Texas. дальше »

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Bitcoin mining firm Compute North files for bankruptcy, CEO resigns

Bitcoin (BTC) mining data center operator Compute North filed for Chapter 11 Bankruptcy, adding that CEO Dave Perrill resigned earlier in September. The post Bitcoin mining firm Compute North files for bankruptcy, CEO resigns appeared first on CryptoSlate. дальше »

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BTC mining firm Compute North files for bankruptcy

Compute North’s hosting partner Compass Mining has stated that the firm will continue to operate business as usual at this stage. дальше »

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MicroStrategy buys additional 301 Bitcoin for $6M

Business intelligence firm MicroStrategy bought 301 Bitcoins for $6 million at an average price of $19,851 per BTC, according to a September 20 filing. The post MicroStrategy buys additional 301 Bitcoin for $6M appeared first on CryptoSlate. дальше »

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Bitcoin: Despite spot-market bloodbath, BTC's OI represents a 'healthy' picture

New data from intelligence firm CoinGlass showed that >$280 million worth of digital assets liquidation in the last 24 hours. Surprisingly, the star of the show- Ethereum [ETH] led the rally. This The post Bitcoin: Despite spot-market bloodbath, BTC's OI represents a 'healthy' picture appeared first on AMBCrypto. дальше »

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Are Bitcoin short-term holders responsible for recent weakness

Analytic firm Glassnode, in a new report, found that the Bitcoin [BTC] market remains highly volatile. Heavily impacted by the downturn of the broader financial markets, the king coin looks uncertain The post Are Bitcoin short-term holders responsible for recent weakness appeared first on AMBCrypto. дальше »

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300 days into Bitcoin bull market peak of $65k- What does it hint at

Bitcoin [BTC] may be inching towards greener pastures after the latest on-chain activity showed some bullish indicators. According to the analytic firm Santiment, Bitcoin supply continues to be witThe post 300 days into Bitcoin bull market peak of $65k- What does it hint at appeared first on AMBCrypto. дальше »

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Wall Street veteran explains bearish outlook for Bitcoin

Bitcoin (BTC/USD) is battling downside pressure above $20,000, with recent dips beneath the round figure coming amid widespread selling across risk assets. Michael Purves, CEO of macro research firm Tallbacken Capital Advisors, thinks the benchmark cryptocurrency will remain bearish for much longer. дальше »

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CryptoSlate Wrapped Daily: BTC short liquidations reach $9M, Ava Labs CEO deems CryptoLeaks’ allegations ‘conspiracy theory’

The biggest news in the cryptoverse for August 29 includes the liquidation of $9 million in Bitcoin shorts, a report showing that the majority of GameFi investors are interested in profit rather than gameplay and Ava Labs’ CEO denying CryptoLeaks’ allegations that it had a deal with law firm Roche Freedman to use “litigation as […] The post CryptoSlate Wrapped Daily: BTC short liquidations reach $9M, Ava Labs CEO deems CryptoLeaks’ allegations ‘conspiracy theory’ appeared first on CryptoSlate. дальше »

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Investors Take Bitcoin Off Crypto Exchanges ‘Like Never Before’. A Reason To Cheer?

Arcane Research, a cryptocurrency analysis firm, notes that bitcoin holders have been pulling their BTC off exchanges hysterically in a newly released report. дальше »

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Contrary to popular belief, the filing shows Tesla recorded $68M in profit from BTC sale

Tesla has recently been the talk of the town within the crypto community. The electric vehicle company dumped about 75% of its BTC holdings despite CEO Elon Musk claiming the firm has “diamond hands” last year, sparking reactions and the belief that the company’s BTC bet was a fiasco, considering current market conditions. However, a […] дальше »

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Crypto market bloodbath leads to over $500M in liquidations in 24 hours

Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday. дальше »

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BTC Primed For Trillion-Dollar Boost As BlackRock Offers Direct Bitcoin Exposure To Institutional Investors

The firm’s decision to roll out Bitcoin first was inspired by the cryptocurrency’s strong traits, including its enduring growth over the years, large market capitalization, strong liquidity and the fact that it was the “primary subject of interest” for BlackRock clients within the crypto-asset space. дальше »

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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. дальше »

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$10 Trillion BlackRock Partners With Coinbase to Offer Bitcoin Trading to Institutional Clients

In the latest of its milestones, Bitcoin (BTC) is set to be offered to institutional investors of the world's largest asset manager, BlackRock, in the firm's partnership with America's largest exchange, Coinbase. дальше »

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Partnership With Bitcoin Giant NYDIG Will Enable New York Yankees Employees to Convert Salaries To BTC

New York Yankees employees now have the opportunity to convert their earnings to Bitcoin (BTC) as a means of saving. In a new multi-year partnership with Bitcoin technology and investment firm NYDIG, the American professional baseball team will have NYDIG as its official Bitcoin Payroll System. дальше »

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SHIB, DOGE, BTC and ETH Now Accepted by One of Oldest Swiss Business Travel Companies

116-year-old Swiss travel firm recognizes crypto as legitimate payment method дальше »

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Miners sold 14K Bitcoin worth $300M on July 15, largest dump since January

Numbers from blockchain analytics firm CryptoQuant showed that miners sold 14,000 Bitcoin (BTC) worth roughly $300 million on July 15, the largest amount sold since January. The post Miners sold 14K Bitcoin worth $300M on July 15, largest dump since January appeared first on CryptoSlate. дальше »

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SkyBridge Capital’s fund suspends withdrawals because of stocks, crypto decline

Former White House Communication Director Anthony Scaramucci’s fund management firm SkyBridge Capital suspended withdrawals in one of its funds with exposure to crypto assets like Bitcoin (BTC) and Ethereum (ETH), Bloomberg News reported. дальше »

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New York Yankees employees can get partially paid in Bitcoin with NYDIG partnership

Bitcoin (BTC) investment firm NYDIG announced a multi-year partnership with the American baseball team, the New York Yankees, on July 14 to become the team’s official Bitcoin Payroll Platform. дальше »

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Bitcoin ETFs: US investors still prefer long exposure

Net short exposure in the Proshares Short Strategy Bitcoin ETF (BITI) grew 300% last week, according to a report from crypto platform Arcane Research. Per the firm, investor exposure in BITI, a recently launched inverse BTC exchange traded fund – the first in the US market – increased by more than 300% this past week. дальше »

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Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices

The app developer had bought BTC 940.89 and ETH 31,000 in spring of 2021. дальше »

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Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC

United States-based business intelligence firm MicroStrategy has added 480 Bitcoin (BTC) to its coffers despite the bear market, the company announced on June 29. The post Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC appeared first on CryptoSlate. дальше »

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Voyager, 3AC, BTC, USDC in loan; default- Everything unexpected

Many cryptocurrency-based firms have faced the wrath of a crypto meltdown that saw LUNA drop to zero. Interestingly,  Three Arrows Capital (3AC), the beleaguered cryptocurrency firm tops the chart. дальше »

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Bitcoin Miners Dump Their BTC Holdings En Masse As Mining Profitability Hits ‘Critical Low’

According to on-chain crypto-data firm Arcane Research, a huge number of bitcoin miners have been forced to liquidate their holdings in the $20,000 range as Bitcoin’s price risks plunging further. дальше »

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Voyager enters into $500M loan agreement with Alameda amid 3AC exposure

Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC.

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Marathon Digital keeps on mining despite BTC price slump

Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC. дальше »

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Billionaire investor Jeffrey Gundlach: Bitcoin dropping to $10K won’t be a shock

Billionaire investor Jeffrey Gundlach says it would not be surprising for Bitcoin (BTC) to drop to price levels around $10,000. The American businessman, founder of investment firm DoubleLine Capital LP, made the observation during a recent interview with CNBC’s ‘Closing Bell. дальше »

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Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns 

Michael Saylor has clarified that the company's strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitcoin-backed loan. дальше »

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Jim Cramer Takes Aim at MicroStrategy as BTC Plunge Leaves Firm in $1B Loss, Risks Liquidation

Jim Cramer took potshots at MicroStrategy CEO Michael Saylor following a sharp decline in the price of bitcoin to 18-month lows. The post Jim Cramer Takes Aim at MicroStrategy as BTC Plunge Leaves Firm in $1B Loss, Risks Liquidation appeared first on BeInCrypto. дальше »

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Celsius pauses withdrawals, rival firm Nexo proposes buyout

This week began with another terrible news for the cryptocurrency market. According to statistics from CoinMarketCap, Bitcoin (BTC) and Ethereum (ETH) have plummeted to fresh 52-week lows of $22,920 and $1,190, respectively. дальше »

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A Look Inside MicroStrategy’s $2.4 Billion Loan Used To Buy Bitcoin

Software firm MicroStrategy has cemented its position as a major Bitcoin player with its numerous large purchases. The company which is valued at $1 billion had put a significant portion of its own funds into buying BTC but the majority of the money used to purchase all of the bitcoin had been from loans. дальше »

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Octagon Networks: First Cybersecurity Firm To Convert Balance Sheet Into Bitcoin

Octagon Networks has converted its entire balance sheet into bitcoin and will begin accepting payments in BTC for all services. дальше »

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Cybersecurity firm Octagon Networks converts entire balance sheet into Bitcoin

Octagon Networks is the first cybersecurity and research firm to convert its entire balance sheet into Bitcoin (BTC), the company announced on 5 June. As well as converting its liquid assets into BTC, the company will also accept the cryptocurrency as payment for all its services across the globe. дальше »

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With Bitcoin miners distributing their holdings, here's what the future holds for BTC

Bitcoin’s price rose above $30,000 over the weekend and continued to hold firm at press time. BTC traded at the $30.4k mark with a 1.37% surge at press time. This marks the first rally in weeks as The post With Bitcoin miners distributing their holdings, here's what the future holds for BTC appeared first on AMBCrypto. дальше »

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Terra Luna Price Faces Bearish Pressure as Binance Completes Airdrop

Cryptocurrency markets are slowing down their bullish price action, which started on Monday. While Bitcoin and Ethereum stabilize, BTC is holding firm above $31k, and ETH is approaching the $2k level. дальше »

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Bitcoin whales continue dumping crypto as market conditions worsen

The number of Bitcoin (BTC) whales has been on a steady decline and is back to the levels earlier in 2022, according to blockchain intelligence firm Glassnode. The post Bitcoin whales continue dumping crypto as market conditions worsen appeared first on CryptoSlate. дальше »

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