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Marathon Digital Holdings, a U.S.-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using USD and Bitcoin.According to information provided by Marathon Digital, the mining firm obtained the $100 million credit line from the crypto-friendly bank on Oct. 1. The company will use
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Marathon Digital Holdings has secured a $100 million revolving line of credit with Silvergate Bank in bitcoin and U.S. dollars.The loan, which was secured on Friday, will be used to fund the company’s mining operations and to acquire new equipment.It will be available for one year and can be renewed
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Binance’s global platform this week announced it would be ending its derivatives offerings to Australian crypto traders by year’s end. Binance is a separate entity from Binance Australia, which, in turn, is operated by InvestbyBit. The latest moves can be viewed as an attempt to stimy the fallout from regulatory
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Bitcoin (BTC) needs to retain two key moving averages in order to stay bullish, but is failing, fresh analysis shows.In its latest market update on Sept. 10, trading platform Decentrader warned that bulls do not have the upper hand much above current price levels.A "golden cross" like any other?Bitcoin has
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Bitcoin (BTC) volatility is again overdue and one analyst is favoring an "impulsive" move towards $50,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: "Chill and wait" for Bitcoin breakoutData from Cryptox Markets Pro and TradingView showed BTC/USD continuing to circle $46,000 on Sep. 9 as an eerie calm lingered over the market. Tuesday
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Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on $49,300 on the weekly chartData from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling at higher levels after cracking the $49,000 mark late Friday.The
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Crypto.com NFT—a Crypto.org Chain-based platform for minting digital art–and DRESSX are partnering in a deal leading to the creation of the DRESSX NFT store on the Crypto.com NFT. DRESSX and Crypto.com NFT Deal In a press release on August 24, it marks the first time an NFT-dedicated portal is making forays into
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Coinbase has announced a new support phone line for customers who believe their account has been compromised by outside actors. Users will be able to speak to a live support agent, who can kick off an investigation immediately. In an industry where support tickets and emails are the standard method
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Bitcoin (BTC) returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView3 days to Bitcoin golden crossData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark o Tuesday.The pair had spent the night
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Bitcoin price is currently flirting with a downward trend line that thus far has capped off any further upside. It is also what led to the sizable drop and historic quarterly close. Because all eyes are likely on this major trend line preventing the top cryptocurrency from further new highs, any
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