Bitcoin liquidation cascade wipes out $646 million in 24 hours

Bitcoin’s drawdown to $115,300 punished the aggressive long leverage piled up in the market. BTC dropped from $117,786 at yesterday’s open to $115,353 in the early hours today, a 2.1 % slide that... Read more »

BTC Data Points To Bitcoin Drop To $115K

Key takeaways: A hidden bearish divergence on the RSI hints at weakening bullish momentum for Bitcoin. A CME gap between $114,000–$115,000 could act as a magnet.  Market cyclicality and an assortment of... Read more »

Traditional Companies Enter the Crypto Treasury Game With BTC, XRP, and SOL Buys

A growing number of traditional companies are beginning to experiment with digital assets as part of their corporate treasury strategies, signaling a shift in how businesses view crypto’s role in financial management.... Read more »

Mawson CEO Fired for Cause Amid Accusations of Fraud and Misconduct

Bitcoin mining and colocation provider Mawson Infrastructure has terminated its CEO and President, Rahul Mewawalla, for cause, accusing him of breaching fiduciary duties and committing fraud. This article is from Theminermag, a... Read more »

MARA Holdings to raise $850M to buy more Bitcoin and repurchase debt

Key Takeaways MARA Holdings will raise $850 million through zero-coupon convertible notes to fund Bitcoin acquisitions and strategic purposes. A portion of the proceeds will be used to repurchase existing notes and... Read more »

Bitfarms Launches Share Buyback Amid Pivot To AI and HPC Infrastructure

Bitcoin mining company Bitfarms has announced a share buyback program, authorizing the repurchase of up to 49.9 million common shares, or 10% of its public float, over the next 12 months.  The Toronto Stock... Read more »

UK Seizes Crypto ATMs As Global Scrutiny Grows Over Unregulated Kiosks

Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation was led by the... Read more »

The U.S. Government Has Over $4.4B in Bitcoin It Could Dump Anytime

Key Takeaways The DOJ announced today that it seized 50,676.17 BTC from a Silk Road exploiter in November 2021. The haul is one of the largest in DOJ history. The U.S. government... Read more »

Michael Saylor Signals Strategy Bitcoin purchase

Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase on Sunday, as the company’s total holdings crossed $71 billion. The treasury company’s most recent purchase occurred on July 14, when it... Read more »

Macroeconomic Factors Will Disrupt BTC Four-Year Cycle

Macroeconomic drivers, including the decline of the US dollar (USD), will dampen the effects of the Bitcoin (BTC) halving cycle, which is the source of the market booms and busts that have... Read more »