Bit Digital Shifts Focus to Ethereum Staking, Phases Out Bitcoin Mining
TLDR: Bit Digital to exit BTC mining and reinvest in Ethereum staking infrastructure. ETH holdings exceed 24,000 as firm pivots to long-term yield generation. Staking-focused...
Category : Digital
Digital Asset Funds Add $224M, But Investment Momentum Slow
Ethereum managed to attract more than $296 million in inflows last week as it continued a 7-week streak......
Digital Asset Outflows Hit $240 Million Amid US Trade Tariff Concerns
Bitcoin's outflows were the biggest contributor, but digital assets overall proved resilient, with regional variations in inflows and outflows across markets......
Arizona’s Digital Asset Reserve Bills Move Forward, But Governor’s Veto Threat Looms
SB 1373 creates a fund from seized digital assets, while SB 1025 would allow Arizona's Treasury and retirement system to invest in Bitcoin......
Anchorage Digital Adds Support for Native DYDX Staking
[PRESS RELEASE – Zug, Switzerland, May 15th, 2024] Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX...
Marathon Digital Reports Revenue Increases of 452%
U.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings report and has beaten analyst predictions by a good margin. Paradoxically, Marathon’s stock price...
Chamber of Digital Commerce Backs Kraken in SEC Lawsuit
The Chamber of Digital Commerce (CDC) has filed an amicus curiae to defend Kraken in a lawsuit the U.S. Securities and Exchange Commission (SEC) initiated...
FTX to Sell Off Digital Custody at a Very Steep Markdown
After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the defunct exchange have announced that that plan...
Digital Asset Investments Stage a Comeback; Bitcoin Reigns Supreme With $87.6M Inflows
Digital asset investment products resumed inflows after breaking the 11-week streak of positive cash flows. According to the findings by CoinShares’ Head of Research, James...
Galaxy Digital CEO Mike Novogratz Urges Removal of Senator Warren
Michael Novogratz, the founder of Galaxy Digital, expressed his opinion on Senator Elizabeth Warren’s stance against the cryptocurrency space on X. The post comes in...