Marathon Digital, a leading Bitcoin mining company, has unveiled plans to raise $700 million through a private convertible note offering. The funds will primarily be used to support the purchase of additional Bitcoin (BTC), repay existing debt, and finance general corporate needs. In an announcement on Monday, November 18, Marathon, based in Florida, detailed that […]

Russia is taking further steps to regulate its crypto mining industry, with the government moving forward with draft amendments to tax cryptocurrency mining profits and transactions. These new rules, which were announced by the Ministry of Finance, aim to clarify the tax obligations for cryptocurrency miners and operators of mining infrastructure. According to a report […]

Ripple’s native token, XRP, has been on an impressive rally, inching closer to the $1.20 mark as it gains nearly 10% in just the past 24 hours. At the time of writing, XRP is trading at $1.17, marking a significant climb from its price just days ago. This price surge continues a trend that began […]

Binance has rolled out a new mining feature on its Binance Pool, allowing users to participate in merged mining for Fractal Bitcoin (FB) starting November 18. While users can now mine BTC and earn rewards in the form of Fractal Bitcoin, Binance has clarified that there are no immediate plans to list the FB token […]

CSPR, the native token of the Casper Network blockchain, saw an impressive rally of over 100% on Monday, reaching an intraday peak of $0.026 on Nov. 18. This marks its highest value in five months, pushing its market capitalization to $250 million. The surge comes amid growing demand from futures traders and a sharp increase […]

Cryptocurrency exchange OKX has announced a new feature allowing customers in Singapore to deposit and withdraw Singapore dollars (SGD) with zero fees via PayNow and FAST (Fast and Secure Transfers). This move, announced in a press release on November 18, is facilitated by DBS, a major Singaporean bank. With this collaboration, OKX aims to provide […]

Japanese investment advisor Metaplanet is set to raise ¥1.7 billion (around $11.7 million) through a bond issuance, aiming to use the funds for further acquisitions of Bitcoin (BTC). This move underscores the company’s strong commitment to the cryptocurrency market, as it continues to expand its digital asset holdings. The Tokyo Stock Exchange-listed firm announced that […]

Bitwise Asset Management is pushing forward with plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an Exchange-Traded Product (ETP), filing with NYSE Arca to list the fund and further solidify its position in the growing crypto investment space. Key Developments and Strategic Goals Filing with NYSE Arca: The NYSE Group‘s […]

MicroStrategy continues to make waves in the corporate world with its massive Bitcoin holdings, which have recently surpassed a value of $26 billion. This impressive figure was achieved following a surge in Bitcoin’s price, which spiked to $90,000 last week. The tech company, known for its bold Bitcoin strategy, now boasts a digital asset reserve […]

Cynthia Lummis, a Republican Senator from Wyoming, has introduced an ambitious proposal that could significantly reshape the U.S. government’s approach to Bitcoin. Lummis has suggested that the U.S. government could sell some of The Federal Reserve’s gold reserves to buy Bitcoin, rather than purchasing it using taxpayer funds. Key Points of Lummis’s Proposal Gold Certificates […]