Market analysis, price movements, and trading insights
Bit Digital entered the bitcoin mining business in 2020 and was an early diversifier into the HPC/AI sector.
A potential listing would further legitimize digital asset custody as core market infrastructure rather than a niche service following BitGo's public launch.
The raise underscores venture investors’ selective return to infrastructure-heavy crypto bets as DePIN struggles to move beyond early token launches.
Crypto liquidations topped $1 billion as leveraged long positions were flushed during the slide and the market cap dropped below $3 trillion.
Bitcoin is down bad Thursday, but Dogecoin, XRP, Cardano, and Litecoin are showing sharper losses, hitting lows not seen in over a year.
The Series B extension values the New York–based crypto infrastructure company at about $1.5 billion and includes backing from institutional investors.
With crypto prices and crypto-related stocks in the midst of a major selloff today, Securitize SPAC merger partner Cantor Equity Partners II is higher by 4.4% on the news.
Token prices across DePIN remain deeply depressed, but on-chain revenues are growing.
Bitcoin liquidations still led on the platform, but silver and gold positions also took a hard hit Thursday.
Futures market liquidations, a sharp sell-off in US stocks and limited progress on talks to fund the US government are taking a toll on Bitcoin price today. Is $80,000 the next stop for BTC?
Metaplanet raises $137 million for Bitcoin buys after its stock plunged 81% last year. Can the treasury firm bounce back in a crowded market?
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
