The Las Vegas-based company and other Bitcoin miners like RIOT Blockchain, HIVE, and Bitfarms have had a rough start to 2022.
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GBTC Discount Hits All-Time Low as SEC Bitcoin ETF Decision Looms
Shares of the Grayscale Bitcoin Trust (GBTC) have continued to slide, trading at a discount of 33.75% to the spot price of Bitcoin—a new all-time low since its inception in 2017. GBTC is a financial […]
Bitcoin Falls Below $34,000 to Lowest Price Since July
Bitcoin has fallen below $34,000 after hitting a slight rebound over the weekend. The price drop is the latest episode in a brutal start to 2022 for the entire crypto market. On January 22, Bitcoin […]
OKX Proof-of-Reserve Report Shows 101% Bitcoin, Tether Reserves
Crypto exchange OKX has published its second Proof-of-Reserves report in two months. The report claims that OKX, which is currently the third-largest crypto exchange by volume, has a Bitcoin and Tether reserve ratio of 101% […]