Public bitcoin miner Marathon Digital Holdings scooped over 462.1 new bitcoin in January, down from 484.5 BTC mined in the previous month as it faced a double-digit increase in Bitcoin’s hashrate and operational fluctuations in its Hardin, Montana, facility, the company said in a Friday statement. The miner now holds approximately 8,595 BTC with a fair market value of approximately $330.6 million.
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Traders worldwide are watching the latest bout of downside volatility with keen interest, in an effort to assess the digital asset markets’ future macro direction.
Following sideways Thursday trading, in early Friday price action, bitcoin slid 4.7% from Thursday’s daily close to just shy of $41,000, before bouncing to an important pivot point at $...
Read MoreAs most cryptocurrencies kick off the new year in the red, there is another cloud looming over the industry: harsher regulation.
US policymakers sent signals in the final months of 2021 that greater oversight of the emerging asset class is imminent. Congressional hearings on stablecoins and the Read More