Marathon Digital Marks Bitcoin Blocks with ‘Made in USA’ Stamp
Former President Donald Trump says he wants all remaining Bitcoin to be “Made in USA.” U.S.-based Bitcoin mining company Marathon Digital Holdings has announced that it will label all Bitcoin blocks mined in the United States with a “Made in USA” stamp. In a post on X, Marathon stated, “MARA is Team USA, proudly declared […]
Bitcoin Faces Weekend Volatility as ETFs Drain Liquidity
Bitcoin’s weekend volatility has increased due to spot ETF launches, as liquidity concentrates on weekdays, per Kaiko Research. Since the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States, Bitcoin has become more susceptible to extreme weekend volatility, according to Kaiko Research. Bitcoin’s liquidity has become increasingly concentrated on weekdays, particularly in BTC/US […]
BitGo to Shift Wrapped Bitcoin to Multi-Jurisdictional Custody
BitGo is transitioning its Wrapped Bitcoin business to a multi-jurisdictional custody structure, expanding operations beyond the U.S. to Hong Kong and Singapore. BitGo, a cryptocurrency custody platform, intends to enhance its security measures by transitioning its Wrapped Bitcoin business to a multi-institutional and multi-jurisdictional custody structure. At present, BitGo’s Wrapped Bitcoin (WBTC) custody operations and […]
Celsius Sues Tether to Recover $2B in Bitcoin Fraud
Celsius argues that Tether sold the Bitcoin at a low price and violated contract terms, exacerbating their bankruptcy. Celsius Network Ltd. has filed a lawsuit against Tether and its affiliated organizations. According to the allegations made in the lawsuit, the USDT issued today carried out “fraudulent” and “preferential” transfers of Bitcoin (BTC) totaling more than […]
Santa Monica Opens Bitcoin Office, Plans October Festival
The municipal council of Santa Monica unanimously approved the office on July 11, and its webpage went live on August 8. The City of Santa Monica, California, established a Bitcoin Office to educate residents, identify potential economic opportunities, and consolidate the city’s position as a center for Bitcoin innovation. Proof of Workforce is a nonprofit […]