A Crypto Card Game Is Testing Magic’s Records – And It Hasn’t Even Launched
An ethereum-based trading card recently flirted with Magic: the Gathering’s record, selling for $60,000 at auction.
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Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
Bitcoin miner Bitfarms (BITF) said it agreed to buy rival Stronghold Digital (SDIG) for $175 million in stock and assumed debt. The offer comprises 2.52 Bitfarms shares for each one of Stronghold, a premium of 71% to Stronghold's 90-day volume-weighted average price on Nasdaq as of Aug. 16, Bitfarms said in a statement. 18:48 Navigating

Luxor Starts New Business to Make Shipping of Bitcoin Mining Rigs Faster
Bitcoin mining services firm Luxor Technologies is starting a new business to ease hardware shipping challenges miners face when buying mining machines and expanding operations globally.The new unit, Luxor Logistics, will focus heavily on streamlining complex customs regulations in different regions by customizing transportation and delivery services, lowering the time required for shipping mining rigs

Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September. Bitcoin prices for the last week(CoinDesk 20)Jan 18, 2021 at 11:14 a.m. UTCUpdated Jan 18, 2021 at 11:17 a.m. UTCBitcoin Struggles to Recover After Biggest Weekly Price Loss Since SeptemberBitcoin is up only…

Bitcoin Nears $64K, “Memecoin Supercycle” Trends as MOG, POPCAT Surge
Bitcoin (BTC) neared $64,000 in early Asian hours Monday ahead of a busy U.S. data week that sees the Federal Reserve release FOMC minutes and key economic figures from August that track the economy's growth. BTC rose 3%, putting in motion a market-wide jump that saw majors from ether (ETH) to dogecoin (DOGE) jump as

Kill Switch Engage: Sia Cryptocurrency to Block Bitmain and Other Big Miners
After nearly a year of acrimonious debate, the Sia blockchain is moving to give big mining companies the boot. David Vorick, founder and CEO of Nebulous – the for-profit company behind the $233 million distributed storage protocol – told CoinDesk that Sia will soon move to enact a software change meant to block certain types…

Bitcoin News Roundup for Jan. 6, 2021
With BTC topping $35K and JPMorgan predicting even higher long-term gains for the cryptocurrency, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.coToday's stories:Bitcoin bulls pushed the leading crypto to fresh all-time highs…

Ether Gains 2.5%, Outperforming BTC and Maybe Primed for More Upside
Ether has bucked its recent trend of underperformance against bitcoin, rising by 2.5% in the past 24-hours whilst bitcoin has edged lower. $17 million worth of short bets on ether have been liquidated on derivatives exchanges. Continued negative sentiment around ETH's loss of market share could lead to a short squeeze. 01:50 Bitcoin Open Interest

HTX Withdraws Hong Kong Crypto Exchange Application
The Hong Kong-based subsidiary of HTX, formerly known as Huobi, has withdrawn its application for a virtual asset trading license, according to a notice on the Securities and Futures Commission website.The SFC's website shows that HTX withdrew its application three days after it was submitted.(Hong Kong Securities and Futures Commission)Last June, CoinDesk reported that Justin