MARA Lends 7,377 BTC to Generate Yield
Bitcoin mining giant MARA has announced it lent 7,377 BTC, equivalent to approximately 16% of its total Bitcoin reserves, to generate yield through short-term arrangements with “well-established third parties.” As of December 31, 2024, MARA’s total Bitcoin reserves stood at 44,893 BTC, valued at approximately $4.4 billion. The company mined 9,457 BTC and acquired 22,065 […]
Marathon Digital: Strategic Bitcoin Lending in Focus
Marathon Digital Holdings, one of the largest Bitcoin mining companies, has announced plans to lend 7,377 BTC to third parties in 2024. This figure represents approximately 16% of its total Bitcoin reserves, which stood at 44,893 BTC as of December 31, 2024, valued at around $4.4 billion. The initiative, structured as short-term contracts, aims to […]
Chile Eyes Strategic Bitcoin Reserve in 2025
Chile is making strides toward becoming a more Bitcoin-friendly nation in 2025. Gael Yeomans, a Chilean deputy, has proposed forming a Bitcoin bench in Congress to promote cryptocurrency research and introduce Bitcoin-focused regulations. Over 20 lawmakers have joined discussions to position Chile as a leader in cryptocurrency adoption, both in Latin America and globally. Strategic […]
Worldcoin Faces Volatility Amid Whale Activity Decline
The Worldcoin (WLD) ecosystem is grappling with a fresh challenge following Germany’s directive to delete iris scans, intensifying concerns over privacy and regulatory compliance. This development has further complicated Worldcoin’s adoption efforts, casting uncertainty over its short-term trajectory. Market reactions to the directive are already evident, with whale activity—a key driver of WLD’s price momentum—experiencing […]
BlackRock Bitcoin ETF Sees Record Outflows
On January 2, BlackRock’s iShares Bitcoin Trust (IBIT) experienced record-high outflows, with $333 million withdrawn in a single day, according to data from Farside Investors. This marks the largest outflow ever reported for the spot Bitcoin exchange-traded fund (ETF). Alex Obchakevich, founder of Obchakevich Research, attributed the significant outflows to early-year profit-taking. “At the end […]
Scatter’s COO Haiku Steps Down
On New Year’s Day, Haiku, the pseudonymous COO of Scatter, announced their resignation from the Milady-themed NFT launchpad and marketplace. In a reflective X post, Haiku declared their work at Scatter complete, saying: “My work is done.” Haiku emphasized Scatter’s transformation into a sustainable, artist-first platform as a key achievement. The platform, which supports NFT […]
Syria Eyes Bitcoin for Economic Revival
Amid the ruins of its war-torn economy, Syria is exploring a revolutionary step to modernize its financial system. Following the installation of a transitional government, the Syrian Economics Research Center (SERC) has submitted a proposal advocating for the integration of Bitcoin and other digital assets into the country’s economy. This ambitious plan aims to tackle […]
ai16z: Solana’s AI Meme Coin Star
In the past 24 hours, ai16z, Solana’s leading AI-based meme coin, made waves by gaining another 33% and surpassing a $2 billion market cap. This remarkable milestone places it ahead of competitors like Pudgy Penguins (PENGU), making it the first AI token on Solana to achieve such a valuation. Reports highlight significant whale activity, with […]
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