The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives.
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The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives.
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The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals.
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Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.
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The number of Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000.
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Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of […]
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