Public Bitcoin miners secured $2B in financing ahead of halving
Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May.
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Germany’s Deutsche Telekom plugs in as Polygon validator
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon. One of Europe’s largest telecommunications companies uses its infrastructure to explore new revenue streams and boost network security as a validator for blockchain protocols.Germany’s Deutsche Telekom is set to become a validator for…

‘BAM!’ Tether celebrates as USDT market cap passes $20 billion
A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels. 1192 Total views 15 Total shares Tether (USDT), the largest cryptocurrency stablecoin, has passed a $20 billion market cap for the first time.According to data confirmed by the company on Dec. 18, Tether is now a $20 billion asset…

Crypto Payments Provider Partners With Travala Bookings Platform
On Feb. 27, Hong Kong-based cryptocurrency payments provider Crypto.com announced a partnership with cryptocurrency-friendly travel booking platform Travala. The deal will see Crypto.com’s payment app integrated onto Travala’s website, providing a streamlined gateway for bookings to be made on the platform. Previously, customers needed to manually complete transfers using their wallet when seeking to make purchases…

Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K
The fallout from China’s ongoing crackdown on the crypto sector has led to uncertainty finding its way back into the market again. At the time of writing, Bitcoin (BTC) traders continue to encounter pushback at the $43,000 level and many altcoins that had accumulated gains in the morning session are also dipping into the red. Data…

Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different
Bitcoin (BTC) failed to break $20,000 despite a new weekly high on Oct. 18 as market watchers waited for action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin meanders as stocks climbData from Cointelegraph Markets Pro and TradingView showed BTC/USD defying volatility once again on the day.The pair stayed noticeably stable despite stronger moves for United States…

Toyota to explore blockchain use cases via DAO hackathon
The automotive giant is exploring DAO tools and blockchain integration to improve company operations. 79 Total views 1 Total shares Own this piece of history Collect this article as an NFTAutomotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers.On Feb. 1,…

Marathon Q2 Bitcoin production down 44% as fleet remains crippled
Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online. 41 Total views 1 Total shares Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in bitcoin production over the second quarter…

Celsius bankruptcy judge gives the nod for independent examiner probe
Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case. 295 Total views 13 Total shares A federal judge overseeing crypto lender Celsius’ bankruptcy case has given the green light for the motion to appoint an independent examiner to investigate aspects…