Marathon Digital Launches Bitcoin Transaction Submission Service
Marathon Digital Holdings, a Nevada-based Bitcoin mining and digital asset technology company, has recently introduced “Slipstream,” a direct Bitcoin transaction submittal service. The new service was designed and implemented to accelerate and simplify large and non-standard Bitcoin transactions. Bitcoin transactions that exceed the blockchain’s capacity or are excessively complicated to execute are generally subject to […]
Bitcoin Miners Sell $35.9B Worth of BTC on OTC Desks Amid ETF Frenzy
Bitcoin miners have been selling their BTC holdings at a fast pace on OTC desks as they take advantage of the institutional demand for spot Bitcoin ETFs. According to Cryptoquant, miners have moved 700,000 BTC, worth $35.9 billion, to OTC desks in the past three weeks. Bitcoin miners are selling BTC quickly on OTC desks […]
Valkyrie Debuts BTFX, a 2x Leveraged Bitcoin Futures ETF
Valkyrie has debuted a new Bitcoin futures ETF, BTFX, that aims to double the daily performance of the CME Bitcoin Futures index. The ETF is one of the first leveraged Bitcoin products to be approved by the SEC, and it faces competition from other similar products in the market. Valkyrie has launched a new Bitcoin-leveraged […]
Coinbase Defends Ethereum as a Commodity in Response to SEC
Coinbase has submitted a letter to the SEC, arguing that Ethereum is not a security but a commodity. The crypto exchange cited Ethereum’s consensus mechanism, governance, and market treatment as evidence. The letter is part of Coinbase’s ongoing dispute with the SEC over crypto regulation. The exchange has responded to the matter in question. On […]
Andreessen Horowitz Invests $100M in EigenLayer – Report
Andreessen Horowitz (a16z), a venture capital firm, has secured $100 million in funding for EigenLayer, the largest restaking protocol on the Ethereum blockchain. Bloomberg reported that the venture capital firm was the sole investor in the funding round on February 22. In March, Blockchain Capital assisted in completing a $50 million funding round for the […]