BITCOIN MINING DISRUPTION WINTER STORM REPORT
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TLDR: BitMine holds over 4.24 million ETH, facing a $6 billion unrealized loss as Ethereum trades below acquisition cost. Ethereum currently trades near $2,300, about 40% below BitMine’s average purchase price of roughly $3,800 per […]
What is proof-of-reserves? At its core, proof-of-reserves is a public demonstration that a custodian holds the assets it claims to hold on behalf of users, typically using cryptographic methods and onchain transparency. If every crypto […]
This month, Japanese games are dominating the charts, with games coming from most of the most-beloved publishers, including Nintendo, Enix, Capcom, Tecmo, RGG Studio, and Grasshopper Manufacture. In addition to these notable games arriving, this […]
A historic liquidation event swept through gold and silver markets over the past 48 hours, erasing roughly $7 trillion in value from precious metals. Meanwhile, Bitcoin fell 7% but remained surprisingly resilient amid the broader […]
Earlier this week, a sweeping US winter storm pushed Bitcoin miners to curtail, pulling a noticeable chunk of computing power off the network in a short window. Data shows a 40% dip in hashrate between […]
The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms as part of its Iran sanctions program. In a statement […]
Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say. Key takeaways: BTC vs gold hit a record […]
Binance plans to convert about $1B in its SAFU insurance fund from stablecoins back into Bitcoin within 30 days. Binance has said that it will convert roughly $1 billion held in stablecoins within its […]
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