Blockchain

Publicly traded embattled Bitcoin (BTC/USD) miner Core Scientific (NASDAQ: CORZ) is seeking approval from the Bankruptcy Court for the Southern District of Texas Houston Division for a $70 million loan from investment bank B. Riley. If approved, the loan will replace a financing plan that the BTC miner had put forth in December last year …

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Just under a month into this shiny new year that is 2023, and markets are heating up.  Inflation has softened significantly over the last couple of months. The bane of markets all throughout last year, this has provided hope to investors that the Federal Reserve will pivot from its hawkish interest rate policy sooner than …

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The ongoing crypto bear market has left many investors looking to uncover the best crypto to invest in now, for handsome returns later. Bitcoin, Solana, and Metacade have been key projects under the microscope, but which of these three tokens is the best crypto to invest in now? Cryptocurrency news predictions: Metacade is the best …

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Bitcoin (BTC/USD) rallied to highs of $21,321 on Coinbase early Saturday as bulls pushed on from the breakout above the $20,000 mark. It was the first time since the brutal dump in November following the collapse of FTX that Bitcoin price had posted such gains. The flagship cryptocurrency has registered seven consecutive green candles on …

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Shares of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) rose on Tuesday as an uptick across the crypto market pushed prices of Bitcoin (BTC/USD) and other cryptocurrencies higher. What’s the discount to NAV? The discount or premium to NAV of a security is the calculation of the percentage at which an exchange traded fund (ETF) or …

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The cryptocurrency market has jumped out to a hot start this year, with coins across the board throwing it back to 2020 by jumping sharply upward. The moves have come off the back of optimism that inflation is cooling. We saw European inflation come in below expectations last week, landing at 9.2% against expectations of …

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Creditors of the defunct Bitcoin (BTC/USD) crypto exchange Mt. Gox will have to be a little bit more patient as they await repayments from the Rehabilitation Trustee. This is because the court has extended the deadline for the selection and registration of a creditor’s preferred repayment method, which include cryptocurrency, bank remittance and fund transfer. …

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Grayscale Investments will look to return 20% of Grayscale Bitcoin Trust (GBTC) fund to investors if its bid to have a spot Bitcoin ETF fails. The company will explore this option should its battle to have the Securities and Exchange Commission (SEC) approve its application to convert GBTC into spot bitcoin ETF fail. That’s the …

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Bitcoin (BTC/USD) remains poised near the $17,000 area as the cryptocurrency market looks to channel positive sentiment in a historically bullish December for the markets. But even then, crypto news is largely negative at the moment. And if the contagion hitting the sector continues to impact prices and restricting the benchmark asset to sideways price …

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