Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues

at a competitive price. Since September, more than 125 parties have been contacted and 30 potential bidders have emerged. Celsius’ latest presentation, part of its bankruptcy proceedings, suggested that the company’s valuation stood at $2.6 billion as of Nov. 25. The company has

in its balance sheet. In other words, there is $5.5 billion owed to users versus only $4.3 billion in assets.For all the fear, uncertainty and doubt plaguing the cryptocurrency market, we can always rely on Visa for positive reinforcement. The crypto-friendly credit card giant recentlyto streamline digital asset payments. While still in the thought-experiment phase, Visa imagines an auto-pay feature enabling crypto users to pull funds directly from their Ethereum-powered self-custodial wallets.

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Bitcoin mining report: Stocks tumble as Core Scientific files for bankruptcyMost Bitcoin mining stocks tracked by The Block declined on Wednesday, as Core Scientific filed for Chapter 11 bankruptcy protection.
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Crypto Market May See Renewed Volatility as Whales Begin to Accumulate BitcoinCalm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency's ultra-low historical or realized price volatility. godbole17 There's no accumulation until the final leg drop. godbole17 I've heard about this countless times, but Bitcoin on my Bfx wallet still looks like shit godbole17 Oh stop already. There is more bottom coming.
Source: CoinDesk - 🏆 291. / 63 Read more »