CleanSpark Buys New Machines On Huge Discount
The company has been taking advantage of opportunities to expand in the bear market. CleanSpark (CLSK), a Bitcoin (BTC) miner, bought 10,000 new Bitmain Antminer S19j Pros for $28 million after credits and discounts. This is a big discount from the price listed by the manufacturer. A press release on Wednesday said that the mining […]
Bitcoin Futures Market Is Now Bigger Than Ever
The number of Bitcoin Futures and perpetual contracts on bitcoin is at an all-time high, and traders are paying more to bet on more price drops in a bearish market. The Bitcoin Futures market is now bigger than ever, and investors seem to be putting more money on the price going down. According to Arcane […]
Signature Bank: Crypto Outflows Weakened By Core Deposits
The Signature Bank spot deposits dropped by $1.64 billion. This was because $4.27 billion left the bank through digital asset banking. Wedbush, a broker, said in a research report on Tuesday that the most important thing to learn from Signature Bank (SBNY) mid-quarter update is that spot deposits fell by $1.64 billion. This was caused […]
Sorare Partners With NBA to Develop New NFTs
Sorare is now the NBA’s “Official NFT Fantasy Partner.” The National Basketball Association (NBA) is going to work with the European non-fungible token (NFT) platform Sorare to make a fantasy basketball game based on digital collectibles. In a statement on its website, the U.S. basketball league and its players’ union, the National Basketball Players Association […]
US Bank Watchdog Set To Maintain Crypto Activities
Michael Hsu, the acting head of the Office of the Comptroller of the Currency, is sticking to his plan to keep most crypto activity out of the U.S. bank system. U.S. regulators have kept banks from getting too involved in the cryptocurrency industry, and the acting head of the Office of the Comptroller of the […]