Bitcoin

Coinbase will be “acutely pressured in the near-term” as its retail customer base trades less frequently in the bear market, but the company has staying power due to its healthy balance sheet with over $5 […]

And of course, any discussion of crypto in 2022 would be incomplete without discussing our first proper Crypto Credit Crisis, which began with a glut of crypto lenders promising yield to customers in exchange for […]

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source link

As of Sunday, “approximately 117 parties, including various financial and strategic counterparties globally, have expressed interest to the debtors [FTX] in a potential purchase of one or more of the businesses,” said a legal declaration […]

The mining company also deployed the first machines that it has designed itself using Intel’s (INTC) Blocksale chips. Hive installed 1,423 of the so-called Buzzminers, whereas all 5,800, totalling 620 petahash/second (PH/s) of computing power, […]

An attempt by Alameda to oppose the deal on the grounds that it breaches the hierarchies of creditors set out in U.S. bankruptcy law meets a still frostier reception. Alameda’s objections “evince hypocrisy and chutzpah […]