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BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’

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CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021.

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Coin Market

Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise

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A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case.

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Coin Market

Movement expands stablecoin payments push with access to US, Canada, EU rails

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The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.

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Coin Market

CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement

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The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.

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