MARA Offloads 644 Bitcoin as Selling Pressure Builds – $58.7M Hit FalconX & C...
Bitcoin is struggling to reclaim higher levels as the market faces its strongest wave of selling pressure in months. After losing key support zones, price action has remained weak, fueling a growing divide among analysts. A large portion of the market now believes Bitcoin has entered the early stages of a bear market, citing weakening […]
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FalconX has announced an acquisition of 21Shares, combining prime brokerage infrastructure with the world’s largest crypto ETP platform. FalconX Pushes Into Crypto ETFs & ETPs With 21Shares Acquisition As announced in a press release, FalconX has agreed to acquire 21Shares. FalconX is an institutional crypto prime brokerage that provides large clients with deep global liquidity, […]
Two massive Ethereum transactions have just flowed out from FalconX, with Lookonchain linking them to ETH treasury company BitMine. BitMine Has Received 48,049 Ethereum From FalconX In a new post on X, on-chain sleuth Lookonchain has pointed out how BitMine appears to have acquired 48,049 ETH from a hot wallet connected to FalconX, an institutional […]
Bitcoin miner MARA has transferred 298 BTC to Cumberland, a move that could be linked to the company’s new stance on BTC sales. MARA Recently Opened Door To Bitcoin Sales According to on-chain analytics firm CryptoQuant, mining firm MARA has just made a transfer out of its Bitcoin wallets. The transaction has occurred just nine […]
MARA Holdings Inc. – a US-based cryptocurrency mining firm – increased its Bitcoin (BTC) reserves by 373 BTC in September, pushing its total holdings to 52,850 from 52,477 BTC. Following today’s update, MARA remains the second-largest public company with BTC reserves, trailing Michael Saylor’s Strategy. MARA Holdings Increases Bitcoin Reserves According to an official announcement […]
Quick Facts: ➡️ MARA’s Q3 revenues hit a record high of $252.4M, a 92% increase from 2024’s $131.6M. ➡️ MARA mined 2,144 $BTC this Q3, over 98% more compared to 2024’s numbers, increasing their yearly Bitcoin production to 53,000 over the span of 12 months. ➡️ Frederick Thiel, MARA CEO, attributes this to the company’s […]