Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site

The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining … Read more

Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run

Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still … Read more

Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements

Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis of bitcoin’s (BTC) oscillators and moving averages (MAs) presents a mixed signal for … Read more

Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore

While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said. Thakore also identified the yet-to-be-optimized “bridging of native Layer-1 (L1) assets … Read more

Next Generation Crypto Casino ‘Bombastic’ Set to Launch

PRESS RELEASE. The team from Betmax Entertain is thrilled to announce the launch of a new crypto casino – Bombastic, a next-generation online crypto casino that brings together the dynamic world of cryptocurrencies with thousands of games including Slots, Blackjack, Poker, Roulette, and more. With Bitcoin’s recent price volatility in sharp focus, the release of … Read more

Banco Do Brasil to Test Offline Payments in Brazilian CBDC Pilot

Banco Do Brasil, a bank owned in its majority by the Brazilian state, and Giesecke+Devrient, are partnering to explore the possibilities of bringing offline payments to the future Brazilian CBDC, Drex. The joint initiative will include this functionality in Drex’s pilot, to extend access to financial services to Brazilians with difficult or no access to … Read more

CEX Platform Tokens And Solana Project Tokens See Significant Gains

In the world of cryptocurrency, both centralized exchange (CEX) platform tokens and tokens associated with the Solana project have experienced notable gains in recent trading sessions.  Binance Coin (BNB) surged past the $630 mark, registering a remarkable 24-hour increase of 15.64%, while OKB recorded a 24-hour gain of 9.5%. Solana (SOL) also saw a notable … Read more

Decrease In Layer 2 Transaction Fees After Dencun Upgrade and EIP-4844

In the aftermath of the recent Dencun upgrade and the deployment of EIP-4844, there has been a noticeable decline in transaction fees across various Layer 2 (L2) networks. This development marks a significant step forward in addressing the issue of high transaction costs within the Ethereum ecosystem. During the last hour (9:00–10:00 UTC+8), several L2 … Read more

South African Regulator Set to Issue Licenses to 60 Crypto Platforms by End of March

A South African regulator has said it plans to issue licenses to 60 crypto platforms by the end of March. The Financial Sector Conduct Authority has said it is still processing the more than 300 applications it received late last year. South African regulators plan to oversee the activities of cryptocurrency entities through the Financial … Read more

Analysts ‘Now More Convinced’ of Bitcoin Reaching $150,000 by Mid-2025

Global asset management firm Alliance Bernstein has doubled down on its bitcoin price prediction of $150K by mid-2025. “These are still early days of bitcoin’s integration into traditional asset portfolios,” the firm’s analysts described, adding that they are “now more convinced” about their $150K price forecast for bitcoin. Bernstein’s $150K Bitcoin Prediction Bernstein analysts Gautam … Read more