Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and its bitcoin holdings reached 18,536 BTC. Marathon Digital Reports June 2024 Bitcoin Production In June 2024, Marathon‘s (Nasdaq: MARA) average operational hashrate grew by 2% month-over-month to 26.3 exahash per second (EH/s). […]
Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports
Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and its increased criminal exploitation, including intellectual property theft and drug trafficking. Despite the availability of various tools, many respondents are dissatisfied with current resources, highlighting […]
Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
Bitcoin’s price stands at $ 69,352, within a 24-hour intraday range of $ 69,213 to $ 69,840. The leading crypto asset’s market capitalization is $ 1.36 trillion, with a 24-hour trade volume of $ 14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation with minor …
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
Despite bitcoin holding steady above the $ 66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead to reach their former peaks. Bitcoin: 9% Below ATH …
Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $ 121,207, a small fraction of …