Bitcoin Bears May Still Be a Bit Early, Though Caution Urged: Matrixport
Crypto investors should cut exposure by 50% if bitcoin prices fall below $22,800, the report said. Source
Read More
Bit
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
BitDAO, one of the world’s largest decentralized autonomous organizations (DAO), saw its token jump from about 55 cents on Saturday to abut 60 cents on Sunday, a gain of roughly 5%, according to TradingView data. The rise pushed BIT ahead of bitcoin (BTC) and ether (ETH) as one of the
Read More
Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered
Bitcoin (BTC) price rallied over 12% on Feb. 15, marking the highest daily close in more than six months. Curiously, the movement happened while gold reached a 40-day low at $1,826, indicating some potential shift in investors' risk assessment for cryptocurrencies.A stronger than expected U.S. inflation report on Feb. 14
Read More
Crypto Derivatives Exchange BIT Expands Product Suit With Toncoin Options
"With a global community growing at a speed of more than 2% weekly, as well as more than 100 million transactions to date, the TON ecosystem is one of the most promising on the market," said Andrei Grachev, managing partner at DWF Labs. "Joining the options market is a logical
Read More
Alameda on the radar of BitDAO community for alleged dump of BIT tokens
The recent concerns related to the volatility of FTX Token (FTT) seeped into FTX CEO Sam Bankman-Fried’s other business operation, Alameda Research, as the BitDAO community requested information about Alameda’s BitDao (BIT) holding commitment.On Nov. 2, 2021, BitDAO swapped 100 million BIT tokens with Alameda in exchange for 3,362,315 FTT
Read More
Rich Investors’ Pathway to Crypto Just Got a Bit Easier This Week
Through the new integration with Gemini, advisers and clients can now view their crypto portfolios, performance data and billing information from within the Tamarac dashboard that RIAs are already using. This comes through Gemini BITRIA, a system Gemini acquired in January to offer a combination of adviser-focused services, including asset
Read More
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining Bitcoin News
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital for Expansion, Mining Rigs,
Read More
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol – Sponsored Bitcoin News
sponsored .bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will provide permissionless decentralized identification for individual users
Read More
Why Bit Digital Is Expanding Into Canada
The New-York based company said Wednesday it had signed a two-year agreement, noting the Canadian facility would use “an energy source that is primarily hydro-power operated.” The facility powers about 650 miners and plans to host over double that amount, about 1,500 bitcoin (BTC) mining units, in the coming months. Source
Read More
Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
Bit Digital has moved to recover its hashrate in the second quarter of the year. On June 7, it signed a colocation agreement with Coinmint, leasing hashrate for at least one year. Under the deal, Bit Digital will pay for operating costs, including electricity and a fee of 27.5% of
Read More