Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase
Marathon Digital, a prominent Bitcoin (BTC) mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profitability. On Wednesday, Marathon Digital unveiled its fourth-quarter and annual earnings report, revealing a record-breaking revenue of
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis
Gemini has reached a settlement in principle with Genesis, detailing a plan to distribute $1.8 billion to Earn users, with the process starting within two months, pending court decision. In a recent announcement by Gemini, the crypto exchange outlined its in
Telegram to Launch Advertising Platform Using TON Blockchain
Social messaging app Telegram is introducing an advertising platform that enables channel owners to receive rewards in Toncoin. The Telegram Ad Platform will officially launch in March to advertisers in nearly 100 countries, CEO Pavel Durov announced Wednesday. “Channel owners in these
Morgan Stanley Considering Spot Bitcoin ETFs for Brokerage Platform: Report
Morgan Stanley is considering adding spot Bitcoin exchange-traded funds (ETFs) to its brokerage platform and is currently in the process of conducting due diligence, according to a CoinDesk report citing two sources familiar with the matter. There has been increased interest
Bitcoin Price Prediction: Marathon’s Anduro Launch & ETF Boom; BTC to Target $69,000?
Bitcoin Price Prediction Bitcoin (BTC/USD) surged to $61,400, marking an impressive 8% increase on Thursday. This uptick coincides with Marathon Digital’s introduction of the Anduro Layer-2 network, aimed at amplifying Bitcoin’s scalability and fostering innovation within the digital currency sphere. As Bitcoin
The Future of Energy Trading: Trends and Innovations
The Future of Energy Trading: How Digital Platforms Are Shaping the Market The evolution of energy trading is deeply intertwined with the advancements in digital technology. As the sector transitions towards a more integrated and efficient system, digital platforms are at
State Duma Approves Use of Russia’s Digital Assets in International Settlements
State Duma lawmakers have signed off on a bill that will let Russian firms and their partners use the digital ruble and “digital assets” in international settlements. Per an official State Duma release and a report from the media outlet RBC,
VanEck Launches NFT and Digital Assets Market SegMint
Investment firm VanEck has launched a new non-fungible token (NFT) and digital assets market dubbed SegMint following the successful listing of its spot Bitcoin exchange-traded fund (ETF) in the U.S. In an announcement, VanEck said, the idea for SegMint came out
Spot Bitcoin ETFs See $7.7 Billion in Daily Trading Volume as BTC Price Races Towards ATH
US spot Bitcoin ETFs saw another all-time high in daily trading volume on Wednesday with $7.7 billion. BlackRock’s IBIT doubled its personal record on the third consecutive day with $3.3 billion in trading volume. Fidelity’s spot Bitcoin ETF also doubled
US Government Wallets Transfer Nearly $1B in Bitcoin Seized From Bitfinex Hack
The US government seems to have transferred close to $1b in Bitcoin late Wednesday from two wallets linked to the 2016 Bitfinex hack, data from Arkham Intelligence showed. Initially, one wallet sent out 1 Bitcoin, followed by a subsequent transfer of