Bitcoin BTC$76,407.76 miner-turned-data-center developer Cipher Digital reported a $31.6 million quarterly profit despite a 63% revenue decline, helped by a $127 million …
Bitcoin
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Bitcoin recovered from a dip to around $75,600 as Democrats won Congress, while DeFi tokens led gains and Trump-linked coins fell. www.coindesk.com
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Scams
Tether Holds 150,000 Bitcoin, CEO Says—About 50,000 More Than Its Reserve Report Shows
by shayaanby shayaanIn brief Tether CEO Paolo Ardoino said the company holds about 150,000 Bitcoin worth roughly $11.5 billion. The figure is roughly 50,000 …
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The crypto markets, specifically the Bitcoin price, have been under tremendous pressure since the $6.3 billion Binance hack. While the token saw …
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Markets
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
by shayaanby shayaanThe proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block’s quarterly bitcoin gross profit. www.coindesk.com
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In brief Strive bought 124 BTC for about $10 million between Oct. 24 and Oct. 30 at an average of $80,526 each, …
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Markets
Mercado Bitcoin pledges to cover all user losses after near $40 million hack
by shayaanby shayaanPartners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. www.coindesk.com
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Markets
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
by shayaanby shayaanThe user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange …
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Markets
Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
by shayaanby shayaanBulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms. www.coindesk.com
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Markets
Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
by shayaanby shayaanBitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs …