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Mining
Bitcoin Could Be in the Later Stages of the Bear Market, On-Chain Data Suggests
Some analysts say that while overall market sentiment cannot be called bullish just yet, the recent price and on-chain data suggest that bitcoin could be in the later stages of a bear market.
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans last year, primarily mining rig-collateralized debt.
Kazakhstan Looks to Tighten Rules for Crypto Exchanges After FTX Collapse
The Astana Financial Services Authority is seeking market feedback on new rules targeting operational resilience and separation of customer assets.
Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna
Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D.
Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining
The company will use the funds to expand its bitcoin mining facilities amid strong demand for hosting.
CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits
Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.
Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low
Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said.
Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance
On-chain data sourced from CryptoQuant show the 5,592 BTC worth some $124 million that was transferred out of the miner’s address in the past three days ended up in Binance.
Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively defaulting on the loan, according to a press release. As a result, Bitfarms is looking to modify the loan. "The Hash" panel breaks down the details of the loan.
