100%: Public Bitcoin miners sold almost everything they mined in 2022

Publicly listed Bitcoin (BTC) miners sold off almost all of the Bitcoin they mined throughout 2022, leading to a debate over whether the sales created “a persistent headwind” for the Bitcoin price or not.  Analyst Tom Dunleavy from blockchain research firm Messari shared the data in a Dec. 26 tweet, indicating that approximately 40,300 of the […]

Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy

Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepping down as CEO.  Bitcoin, Ethereum and MicroStrategy comparison. Source: TradingView Crypto-linked stocks decline MicroStrategy (MSTR), led by the outspoken advocate of Bitcoin Michael Saylor, is down […]

The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions

Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.” According to a March 30 announcement, the pool adheres to U.S. anti-money laundering guidelines and rules set out by the Office of Foreign Asset Control, […]