The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining […] Source: https://news.bitcoin.com/marathon-to-acquire-applied-digitals-200-mw-texas-bitcoin-mining-site/
Month: March 2024
MicroStrategy’s Leveraged Bitcoin Buys Could Lead to ‘Severe Deleveraging’ If Market Drops, Says JP Morgan
MicroStrategy has amassed a 205,000 Bitcoin corporate treasury worth nearly $14 billion at current market prices. It’s almost enough to have kept pace with the $15 billion worth of Bitcoin that BlackRock has bought up to back shares of its ‘s iShares Bitcoin Trust. But there’s reason to worry about the way the company has been buying BTC, say JP…
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still […] Source: https://news.bitcoin.com/predicting-the-peak-analysts-gauge-the-duration-and-climax-of-the-current-bitcoin-bull-run/
Aptos GameStack Eases Crypto Game Development—With Google Cloud’s Help
Aptos Labs, the core development team behind the Aptos blockchain, has announced the launch of Aptos GameStack, a development suite to help creators launch games that take advantage of crypto and NFTs. And it’s rolling out in collaboration with Google Cloud via a partnership meant to benefit live service games that can use its cloud infrastructure. Aptos GameStack integrates Google…
Upland Reveals ‘Share and Build’ Airdrop Drive Ahead of Ethereum Token Launch
Upland, a crypto game built around real-world locations, announced Friday that it has launched the first wave of its “Share and Build” airdrop series. It’s aimed at rewarding community members and newcomers alike for engaging with the Upland platform before its Ethereum token goes live. The first chapter will let users earn Sparklet tokens—Upland’s existing in-game utility token used to…
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis of bitcoin’s (BTC) oscillators and moving averages (MAs) presents a mixed signal for […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-sharp-downturns-as-bearish-trends-dominate-price-movements/
Can ChatGPT Play ‘Doom’? Yes—But It’s Terrible
Engineers, researchers, and intrepid hobbyists of all sorts have proven that the classic first-person shooter Doom can be played on almost anything, including a lawnmower and even gut bacteria. On Wednesday, Adrian de Wynter, a principal applied scientist at Microsoft, proved that the popular AI chatbot ChatGPT can play Doom—it’s just not very good at it. Seeing what devices and…
Next Generation Crypto Casino ‘Bombastic’ Set to Launch
PRESS RELEASE. The team from Betmax Entertain is thrilled to announce the launch of a new crypto casino – Bombastic, a next-generation online crypto casino that brings together the dynamic world of cryptocurrencies with thousands of games including Slots, Blackjack, Poker, Roulette, and more. With Bitcoin’s recent price volatility in sharp focus, the release of […] Source: https://news.bitcoin.com/next-generation-crypto-casino-bombastic-set-to-launch/
El Salvador Bitcoin Treasury Is a Lot Bigger Than We Thought
El Salvador President Nayib Bukele posted a not at all subtle flex on X yesterday, saying his administration moved a “big chunk” of its Bitcoin treasury into a cold wallet and planned to lock it away in a vault. The screenshot he shared showed that the wallet had 5,689 Bitcoin in it—worth $406 million when he took the screenshot. That…
Banco Do Brasil to Test Offline Payments in Brazilian CBDC Pilot
Banco Do Brasil, a bank owned in its majority by the Brazilian state, and Giesecke+Devrient, are partnering to explore the possibilities of bringing offline payments to the future Brazilian CBDC, Drex. The joint initiative will include this functionality in Drex’s pilot, to extend access to financial services to Brazilians with difficult or no access to […] Source: https://news.bitcoin.com/banco-do-brasil-to-test-offline-payments-in-brazilian-cbdc-pilot/