bitcoin
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Bitcoin Funding Rates Surge to 100%, Presenting Lucrative Opportunities for Traders
The relentless upward momentum of Bitcoin shows no signs of slowing down, propelling the cost of holding leveraged bullish positions…
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Coinbase rolls out spot crypto trading on its international exchange as part of a global expansion, letting investors trade bitcoin and ether against USDC (Bloomberg)
Bloomberg: Coinbase rolls out spot crypto trading on its international exchange as part of a global expansion, letting investors trade…
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Block opens preorders for its self-custodial Bitcoin wallet Bitkey in 95 countries, available in early 2024 for $150 in the US (Ben Weiss/Fortune)
Ben Weiss / Fortune: Block opens preorders for its self-custodial Bitcoin wallet Bitkey in 95 countries, available in early 2024…
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A look at Congo's Virunga National Park, which is running a Bitcoin mine that uses power from a hydro plant to pay salaries and build infrastructure projects (Adam Popescu/MIT Technology Review)
Adam Popescu / MIT Technology Review: A look at Congo’s Virunga National Park, which is running a Bitcoin mine that…
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With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income (David Pan/Bloomberg)
David Pan / Bloomberg: With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded…
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Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders' shares; Genesis is among FTX's largest bankruptcy assets (Wall Street Journal)
Wall Street Journal: Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders’ shares; Genesis is…
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Coin ATM Rader: there are now 38,641 bitcoin ATMs globally, up from 14,051 at the start of 2021 but flat from around July 2022 when bitcoin's price collapsed (Tim Copeland/The Block)
Tim Copeland / The Block: Coin ATM Rader: there are now 38,641 bitcoin ATMs globally, up from 14,051 at the…
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Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy (Eliza Gkritsi/CoinDesk)
Eliza Gkritsi / CoinDesk: Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest…
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Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, taking their holdings to 47.6 BTC (Osato Avan-Nomayo/The Block)
Osato Avan-Nomayo / The Block: Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping…
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Solana drops 10%+ to around $10, as bitcoin and ether saw modest declines, over concerns that large holders could offload the token; SOL is down 94% in 2022 (Sidhartha Shukla/Bloomberg)
Sidhartha Shukla / Bloomberg: Solana drops 10%+ to around $10, as bitcoin and ether saw modest declines, over concerns that…
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