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Bitcoin
Bitcoin short-term holder sales near $5B as profit-taking mimics 2021
Bitcoin (BTC) has seen a mass profit-taking event which rivals its $69,000 all-time highs, new analysis reveals.In a post on Dec. 5, James Van Straten, research…
Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO
Cryptocurrency mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange (ADX), becoming one of the Middle East’s first publicly listed…
Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue
Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November.In an 8-K filing to the…
Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals
Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its largest orders of hash-rate in the firm’s history —…
Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
Publicly traded crypto firms have notched triple-digit percentage returns this year and closed up in green on Dec. 4, as Bitcoin (BTC) reached a new year-high of…
Core Scientific explains its latest bankruptcy plan ahead of court date
Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation is based on…
Brazil’s largest bank Itaú Unibanco launches Bitcoin trading — Report
Brazilian bank Itaú Unibanco has launched a cryptocurrency trading service for its clients as part of its investment platform, Reuters reported on Dec. 4.Itaú,…
Bitcoin led Charlie Shrem into a tumultuous life
Charlie Shrem paid a steep price for his place in crypto history. Major figures in the crypto world were part of his story, and his personal life was transformed…
Bybit sees BTC, ETH ‘flight’ of institutional investors to stablecoins, but not for long
The cryptocurrency exchange Bybit released its fourth quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail…
Two opposing visions of crypto’s future
Jan3 CEO Samson Mow has said that comparing Bitcoin to crypto is like comparing “an aircraft to a paper airplane.” Ripple CEO Brad Garlinghouse said, “It will be…