Bitcoin Rises Above $31K, With Options Positioning Suggesting Price Has Further to Run
The crypto’s year-to-date high of about $31,800 is within sight.
Financial
Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns
The reward for mining new BTC will be cut in half soon, making it hard for less-efficient operators to survive.
CipherBlade Founder Says Blockchain Sleuthing Firm ‘Hijacked’
Members of the original CipherBlade entity – who no longer control its domain or social platforms – are suing the new ownership.
Argentina’s Pro-Bitcoin Javier Milei Heads to Run-Off Election Against Sergio Massa
Milei has called for “dollarization” the country’s economy and abolishing the central bank.
BTC Valued at $144M Sent to Coin Mixer From Defunct Darknet Market After Eight-Year Wait
The coins are linked to Abraxas marketplace, a darknet market that shut in 2015.
PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange
Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly
The U.S. crypto exchange is ready to argue the SEC’s claims about unregistered securities are missing evidence of actual contracts.
Solana’s Largest Defi Protocol Marinade Starts Blocking UK Users
Marinade and Orca Finance have both blocked U.K. users over “compliance concerns.”
Michael Saylor’s $4.7B Bitcoin Bet Back in the Green
MicroStrategy, the software company led by Saylor, began buying the crypto more than three years ago and at last check held more than 158,000 bitcoins.
Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining
The firm is looking for a “reliable income stream … that is uncorrelated to bitcoin prices.”