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Crypto giant Coinbase seems to be strategically steering its ship amid constant crypto industry turbulence in 2023. The company recently unveiled its lending platform for institutional investors, aiming to fill the void left behind by major players during 2022’s crypto winter, when firms such as Celsius Network, BlockFi and Genesis
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The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years. A spokesman told Cryptox this was not a result of financial distress. As per a January update posted on Feb. 2, the company disclosed it sold
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Bitcoin mining company Marathon Digital Holdings has revealed that 75% of its mining capability has been out of commission since a severe storm hit Montana on June 11. Marathon finally issued a statement on its website on June 28 explaining that the storm struck across the town of Hardin, Montana on
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The potential cash crunch means opportunity for those with capital, said Bitfarms' Morphy. “A lot of companies that were looking for SPACs and IPOs to fund their growth have not taken place. As a result, there's going to be some pretty neat opportunities, we think, this year, next year and
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At the crypto market's 2017 peak, Marathon barely had $50 million in market capitalization. Source
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