Crypto Currency

Bitmine nears its Ethereum buying limit – Now it needs demand to make the bet pay off

Bitmine plans to slow its Ethereum purchases as its holdings approach 5% of the cryptocurrency’s supply, ending a year of rapid accumulation that made the company the network’s largest corporate token holder. In his July Chairman message, Thomas Lee said Bitmine has amassed 5.7 million ETH…

Bitmine plans to slow its Ethereum purchases as its holdings approach 5% of the cryptocurrency’s supply, ending a year of rapid accumulation that made the company the network’s largest corporate token holder. In his July Chairman message, Thomas Lee said Bitmine has amassed 5.7 million ETH…
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Crypto Currency

Strategy CFO Abruptly Resigns: Is This a Red Flag for MSTR?

A popular bitcoin commentator referenced previous CFO departures as the initial signal of a major crisis – will history repeat…

A popular bitcoin commentator referenced previous CFO departures as the initial signal of a major crisis – will history repeat…
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Crypto Currency

The Week Ahead: Apple and Palantir Earnings, Jobs Report, Bitcoin and Binance Hack Update

TLDR Big Tech lost more than $1 trillion last week as investors questioned heavy AI spending. Alphabet had its worst single-day drop on record, and Intel fell nearly 29%. Binance reported a security breach involving an estimated $6.3 billion in digital assets. Apple, Palantir and AMD report earnings early in the week…

TLDR Big Tech lost more than $1 trillion last week as investors questioned heavy AI spending. Alphabet had its worst single-day drop on record, and Intel fell nearly 29%. Binance reported a security breach involving an estimated $6.3 billion in digital assets. Apple, Palantir and AMD report earnings early in the week…
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Crypto Currency

Bitcoin Sinks Below $77K as Liquidations Top $1.5B After Binance Hack

Bitcoin fell below $77,000 and over $1.5 billion in leveraged bets were liquidated as Binance froze withdrawals after a hack it put at about $6.3 billion…

Bitcoin fell below $77,000 and over $1.5 billion in leveraged bets were liquidated as Binance froze withdrawals after a hack it put at about $6.3 billion…
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Crypto Currency

Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack

Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase…

Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase…
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