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Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks
Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks

Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions.

Cryptopotato·2024/05/12 00:34
BlackRock and other bitcoin ETFs rob bitcoin of its room to grow
BlackRock and other bitcoin ETFs rob bitcoin of its room to grow

The vise grip organizations like BlackRock have on bitcoin in order to fill their ETFs is a threat to bitcoin’s adoption

Blockworks·2024/05/11 23:31
Three weeks after its blockbuster launch, Runes faces declining activity
Three weeks after its blockbuster launch, Runes faces declining activity

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.

The Block·2024/05/11 22:31
Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain
Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”

Cointelegraph·2024/05/11 20:34
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

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.

Cointelegraph·2024/05/11 15:16
Victim of $71 million 'address poisoning' attack recovers funds following negotiations
Victim of $71 million 'address poisoning' attack recovers funds following negotiations

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.

The Block·2024/05/11 14:43
Flash
03:20
The risk of a sharp surge in oil prices is accumulating, which will impact the global economy.
The risk of a sharp surge in oil prices is building up, and the global economy will be impacted.
03:20
Pudgy Penguins #6873 sold via OTC for 146.45 ETH, valued at approximately $250,000
Foresight News reported, according to monitoring by the Pudgy Penguins Sales Bot, that NFT Pudgy Penguins #6873 was traded via OTC (over-the-counter) at a price of 146.45 ETH (about 250 thousand US dollars).Previously, this NFT was last sold for as high as 400 ETH five years ago.
03:10
Institution: The likelihood of the Bank of Japan Governor sending an excessively hawkish signal is low
Golden Ten Data, June 9—Morgan Stanley MUFG Securities believes that it is unlikely Bank of Japan Governor Kazuo Ueda will send an excessively hawkish signal in next week's press conference (that is, beyond what markets have already priced in). In a report, four economists and strategists from the firm pointed out that the overnight index swap market has largely priced in expectations for the Bank of Japan to raise interest rates to 1.25% by the end of this year. In addition, uncertainty in the Middle East has recently increased and there have been some signs of instability in the stock markets. The report also expects the Bank of Japan may raise its policy rate by 25 basis points to 1.00% at the June meeting.
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