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Strike, a Chicago-based bitcoin payment provider run by crypto entrepreneur Jack Mallers, raised $80 million in a Series B funding round led by Ten31. Crypto billionaire Jihan Wu, founder of bitcoin mining rig maker Bitmain, is reportedly setting up a $250 million fund to buy distressed assets from mining firms.

27 set 2022

Celsius CEO Alex Mashinsky, Kraken CEO Jesse Powell, and FTX.US President Brett Harrison are all stepping down from their roles amid crypto winter. U.S. Regulatory Reporter Cheyenne Ligon discusses what we know so far and what this may reveal about the state of the industry.

27 set 2022

Some residents in Guatemala are taking a cue from El Salvador's Bitcoin Beach, aiming to use cooking oil remnants that could otherwise make its way into a local lake in Panajachel (Pana), for bitcoin (BTC) mining. Bitcoin Lake Founder Patrick Melder shares insights into the project. "It's the first time in the world that cooking oil is being used to create energy to mine bitcoin," Melder said.

26 set 2022

Prosper Trading Academy Cryptocurrency Educator Howard Greenberg discusses levels to watch for bitcoin (BTC), breaking down the data on open interest, calls vs. puts and daily trading activity as global macro headwinds persist.

26 set 2022

Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China's Hunan province arrested 93 people for allegedly laundering up to RMB 40 billion ($5.6 billion) using crypto. Digital assets continue to act as risk assets, falling as global interest rates rise, Bank of America (BAC) said in a research report Friday.

26 set 2022

Bitcoin (BTC) trading up slightly Monday after slumping to lows under $19,000 over the weekend as concerns over a potential global recession heighten, triggered by high interest rates and energy shortages. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

26 set 2022

CoinDesk’s Markets Managing Editor Brad Keoun discusses his outlook for bitcoin as the cryptocurrency remains in a range between $18,000 and $20,000. Plus, Tech Managing Editor Christie Harkin shares a preview of CoinDesk’s Education Week.

23 set 2022

Shareholders of bankrupt crypto lender Celsius Network have filed to claw back their investments and get first dibs on proceeds from the sale of certain assets. Crypto-mining data center operator Compute North filed for bankruptcy, citing the market rout. Cipher Mining is looking to sell up to $250 million in stock from time to time in an "at-the-market” (ATM) offering.

23 set 2022

Bitcoin (BTC) slips below $19,000 nearing 2022 lows and remains rangebound heading into the weekend. CoinDesk's Brad Keoun discusses the week's top stories driving BTC and the wider crypto markets lower. Plus, CoinDesk Tech Managing Editor Christie Harkin discusses THNDR Games launching Club Bitcoin: Solitaire and Bitcoin Lightning-enabled "listen-to-earn" podcast app Fountain Podcasts getting an upgrade.

23 set 2022

Bitcoin reversing gains made on Thursday where a 5% surge recorded BTC's best single-day return in two weeks, staying within the $18,000 to $20,000 range this week. Traditional markets also reeling back while the dollar surged to a new record valuation in foreign exchange markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day. 

23 set 2022