World’s largest BTC miner Marathon buys $100M BTC to go 'full hodl'
Marathon remains bullish on Bitcoin price in the long term, as it sold none of the BTC it mined during June.
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Iota Introduces Chronicle, a New Solution for Long-Term Data Storage
Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data.Iota’s unlimited storage solutionOn Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle and quickly access that data when…
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs. 674 Total views 22 Total shares According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC) on Monday, Cipher Mining will purchase 28,000 to 56,000 next-generation Bitcoin mining hardware from Bitfury at a…
Ripple has sold $15M of its stock in MoneyGram
Ripple's partnership with MoneyGram may not be as warm as it once was, but it's paying off. 1146 Total views 8 Total shares Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram. Per a Friday night filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4,…
Google reversing crypto ads ban a testament to blockchain market maturity?
The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services after a lengthy period of almost three years. In this regard, a policy update blog released by the firm stated that…
Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits. 6716 Total views 22 Total shares The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work Ether (ETH) miners, causing severe disruption to…
Web3’s resilience amidst the bear market: A promising horizon awaits
In the cyclical rhythm of technological innovation, bear markets often appear as challenging interludes. Yet, for those well-versed in the evolutionary journey of the internet, they are not to be feared. Instead, they present a profound opportunity for introspection, refinement and robust growth. The introduction and proliferation of Web3 technology is a testament to this
JPMorgan sounds alarm over ‘frothy’ crypto markets after August boom
Altcoins have made big gains on the total market share of the cryptocurrency markets, but JPMorgan analysts have concerns. 2322 Total views 17 Total shares JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients…