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Bitcoin
First Mover Americas: Sam Bankman-Fried Guilty on All 7 Counts
The latest price moves in bitcoin and crypto markets in context for Nov. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Recedes to $34.2K Ahead of U.S. Nonfarm Payrolls Data
The jobless rate is forecast to hold steady at 3.8%, while the year-on-year growth in average hourly earnings likely slowed to 4% from 4.2%.
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm…
Bitcoin Is Up 70% a Year After FTX Debacle, but ‘Alameda Gap’ in Liquidity Persists
The 'Alameda gap' refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.
Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah
On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses…
Fun Is Critical to Making Decentralized Games a Success – Cryptopia CEO Sangho Grolleman
Sangho Grolleman serves as the CEO of Cryptopia, bringing with him a wealth of experience in the cryptocurrency realm since 2018. He recently joined the Bitcoin.com News Podcast to talk about the decentralized gaming market why making sure…
Bulgaria’s Oldest Soccer Club Botev Plovdiv Adds Bitcoin as a Payment Option
PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are…
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule.…
Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence
Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday…
JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also…