Bitcoin (BTC)

This Year’s Theme: “On the Move” Throughout history, people have left their homes for a variety of reasons and have found themselves in faraway places. This has led to encounters with foreign lands, their inhabitants, their customs, their flora and fauna. Cultural heritage collections are full of artifacts resulting from and bearing witness to those people “on the move”: archival records, travel reports, audiovisual documents, object collections, oral histories etc. These...

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Texas-based Bitcoin mining company Core Scientific has announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which has been upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued privately to qualified institutional buyers. The initial buyers will be granted an option to acquire an additional $60 million in notes....

[PRESS RELEASE – Gurgaon, India, August 14th, 2024] BestChange, the leading exchange monitor, proudly introduces its state-of-the-art AML Analyzer tool. Designed to increase the security and compliance of cryptocurrency transactions, this new tool empowers users to ensure that cryptocurrency addresses comply with international anti-money laundering standards (AML) before sending or receiving payments. In today’s environment of increased regulatory scrutiny, ensuring that your...

Marathon Digital Holdings, a leading Bitcoin mining company, has announced a $250 million private offering of convertible senior notes. This move has sparked debate within the industry as Marathon aims to strengthen its Bitcoin holdings for the long term. The notes are due to mature in September 2031 and offer investors the option to convert them into cash, Marathon’s stock, or a combination of both. According to their blog post, the offering is being made under the United States Securities...

Bitcoin fell 2.5% on Wednesday to $59.100 after the U.S. government moved more of its Silk Road-affiliated Bitcoin holdings to Coinbase Prime. On-chain analysis platform Arkham Intelligence flagged the move on Wednesday, noting that 10,000 BTC worth $593 million had been moved. “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago,” Arkham wrote to Twitter. “This BTC has just been sent on to 33J, a Coinbase Prime deposit wallet.” According to Arkham,...

TL;DR Binance announced the addition of two new trading pairs available later this month. The company also revealed the delisting of several trading pairs, such as BLZ/FDUSD and BICO/BTC, with no significant impact on the prices of the involved cryptocurrencies. The Latest Listings Binance continues to update its services to respond to recent market trends and improve overall user experience. It said it will add two new trading pairs on Binance Spot: BONK/BRL and NOT/EUR. In...

The Canadian regulator is going after Smillie as the only defendant in this case. He misappropriated about one-third of funds entrusted by users on his platform, which amounted to at least 935.46 BTC and 159 ETH. ezBtc, a crypto exchange operational between 2016 and 2019, was dissolved in 2022 due to customers being unable to withdraw their assets. The British Columbia Securities Commission (BCSC) revealed that the exchange’s founder, David Smillie, gambled away 13 million Canadian Dollars,...

Arthur Hayes, the co-founder of Bitmex, has made bold predictions about the future of Bitcoin. He believes that Bitcoin could reach $100,000 by the end of 2024 and potentially soar to $1 million by 2025. Hayes attributes this anticipated surge to the U.S. Treasury’s actions, particularly their liquidity injections into the economy. In a recent blog post, Hayes noted that the moves that are expected from Yellen, the U.S. treasurer, would affect most markets, including Bitcoin. He stated that...

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