MARA purchases 6,474 Bitcoin with convertible notes offering

Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at more than $60 million, according to Michael Chobanian, founder of Kyiv-based Kuna Exchange and president of the Blockchain Association of Ukraine, who…

An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi. 80 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTSam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, borrowed over $546 million…

Almost an even split between fiat and USDT Chainalysis contends that the new issuance of Tether (USDT) may dampen Bitcoin's (BTC) bull run. In a weekly Market Intel newsletter, company's chief economist Philip Gradwell said:Newly issued Tether arriving at exchanges can be used to buy Bitcoin just as much as existing Tether can be. But making…

The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to a report by The Wall Street Journal (WSJ) on June 10.Blockstack will reportedly launch its token offering online tomorrow, July 11. While other firms have previously taken…

Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time.Crypto market daily performance. Source: Coin360The 111-day moving average (DMA) and the 128-DMA are currently in the process of converging to form a bear…

A total of 62K Bitcoin (BTC) options are set to expire this Friday, and this is equivalent to $830 million in open interest. These massive numbers fail to reflect the fact that 58% of these options are now deemed worthless.As we approach the expiry date, call (buy) options above the current level begin to depreciate…

Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving. 252 Total views 4 Total shares The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last month.Bitfarms mined a total

Purchase agreements for messenger service Telegram’s Gram tokens will be terminated if the Telegram Open Network (TON) does not launch by October 31, 2019. An apparent purchase agreement with the said terms was obtained by Cointelegraph on Feb. 21.The agreement details the legal niceties of Gram token purchases, outlining regulations for different jurisdictions in regard…

Cuba is the latest country to consider using cryptocurrency to skirt U.S. sanctions, Reuters reported quoting a government source on July 3.In a public address on local television, the country’s president, Migual Diaz-Canel, said the plan would raise capital for around one quarter of the population, helping to pay for reforms. Cuba has felt a severe…