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Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions.
The vise grip organizations like BlackRock have on bitcoin in order to fill their ETFs is a threat to bitcoin’s adoption
The Runes protocol, which launched on Bitcoin three weeks ago following its halving event, generated $135 million in fees over its first week, but activity has since fallen dramatically. May 10th was the lowest activity day on Runes by several measures, including new mints and new wallets, blockchain data show, in an early test for the new protocol.
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
Blockchain data shows that the victim of a $71 million address poisoning attack last week has recovered nearly all available funds when accounting for the changes in crypto prices. Blockchain cybersecurity firm Match Systems and the Cryptex exchange participated in the recovery negotiations, according to a press release.
- 16:23Bitwise Alpha Head of Strategy: a modest BTC allocation will make a business look like gold armorOn October 27th, Jeff Park, Head of Strategy at Bitwise Alpha, posted on the X platform that while some people argue that Microsoft shouldn't be buying Bitcoin to fill its balance sheet, claiming that it would distract them from their core business, they're overlooking a key understanding of modern equity: that a modest allocation of BTC would make the business like a suit of golden armor, much more powerful than any of the financial engineering available Much more powerful, this strategy will make stocks harder to short, expose balance sheets to greater tailwinds of upside in exponential trends, and if one believes in BTC, one understands that Bitcoin actually offers one of the greatest long term cost of capital arbitrage opportunities, especially if you have $70 billion in cash sitting around. Even a 1-5% allocation to BTC wouldn't worry shareholders about losses (nor would it affect the volatility of their multiples), but there would be asymmetric financial upside, and board members who don't understand this fiduciary responsibility won't be around long enough to realize that equity is simply a “return on capital,” and it doesn't need to be overcomplicated with the injection of personal interest. overcomplicated by injecting personal interests.
- 15:39The past 24 hours the whole network contract burst 367 million dollars, the main burst long ordersOn October 26, Coinglass data showed that the cryptocurrency market has seen $367 million in contract blowouts across the network in the past 24 hours, including $318 million in long positions and $49,546,700 in short positions.The total amount of BTC blowouts was $58,930,300, while ETH blowouts totaled $54,302,500.00 USD.
- 15:38Scam Sniffer: a user lost $40,000 worth of SOL and BONK after signing phishing signaturesOn October 26, a user lost $40,000 worth of SOL and BONK after signing phishing signatures four days ago, according to Scam Sniffer monitoring.
