World's largest Bitcoin miner announces $250M raise to buy more Bitcoin
The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company.
The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company.
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.
Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.
Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway.
Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.
OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.
The Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.
The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower.
The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5.
Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2.