Cointime

Download App
iOS & Android

Crypto Morning Briefing: Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

Cointime Official

Top Stories

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

The federal bankruptcy court administering the case of BlockFi has green-lit the sale of nearly 6,400 mining rigs for $4.7 million to U.S. Farms & Mining Opportunity Fund, according to court documents filed on Friday.

ARK Invest Buys $18M Worth of Coinbase Shares As The Price Tumbles

In a recent development, Cathie Woods Ark Invest purchased 268,928 Coinbase (COIN) shares following the Wells notice from SEC.

Shiba Inu Lead Developer Admires As ShibaWings Plans To Expand Across Australia

SHIB Lead Developer Applauds Australia’s Crypto Diner, ShibaWings as It Plans to Expand Nationwide.

Coinbase-Backed Decentralized Social Blockchain (DeSo) Revolutionizes with New Proof of Stake System

DeSo, the decentralized social media blockchain, has introduced a groundbreaking Proof-of-Stake (PoS) system, setting a new standard for the industry. This innovative technology promises to revolutionize and build upon the successes of previous Proof-of-Stake systems, providing greater energy efficiency and security while making its native currency, $DESO, deflationary.

Banking Crisis Fuels Bitcoin To Surpass Visa and JPMorgan in Market Capitalization

Bitcoin’s (BTC) recent surge in buying pressure has attracted a significant inflow of capital amidst the chaos in the banking system, giving the asset an upward momentum and elevating its rank higher among investment products.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $27,822.01 USD, dropped by 1.32% in the last 24 hours;

ETH’s live price is $1,761.79 USD, dropped by 2.74% in the last 24 hours;

BNB’s live price is $322.89 USD, dropped by 1.86% in the last 24 hours;

XRP's live price is $0.42 USD, dropped by 3.77% in the last 24 hours.

Fundraising News

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance, the decentralized cross-market perpetual trading platform built on BNB Chain and Arbitrum, announced a $1 million seed round funding led by Animoca Ventures, with participation from Hailstone Ventures and various angel investors.

Comments

All Comments

Recommended for you

  • BTC breaks through $69,000

     the market shows BTC breaking through $69,000, currently at $69,021.49, with a 24-hour increase of 1.15%. The market is highly volatile, please manage your risk accordingly.

  • Spanish Foreign Minister: Not worried about any consequences of refusing US access to military bases

     on March 3 local time, Spanish Foreign Minister Alvarez defended the Spanish government's refusal to provide the Rota and Moron military bases to the United States for participation in attacks on Iran. Alvarez stated that the operation initiated by the United States and Israel is not supported by the United Nations and is not part of the bilateral agreements allowing the use of the aforementioned Spanish sovereign military bases. Alvarez also said that the Spanish government is not concerned that this stance will have any consequences. Alvarez stated: "The position of the Spanish government represents the will of the vast majority of the Spanish people as well as the vast majority of people worldwide, which is to defend the UN Charter, respect international law, and believe that cooperation is always more powerful than confrontation."

  • Spot gold plunges nearly $100 in the short term.

     spot gold plunged nearly 100 dollars in a short time, spot gold fell below 5170 dollars/ounce, with a daily decline of 2.94%. 

  • BTC falls below $67,000

    the market shows BTC fell below $67,000, currently at $66,996.93, with a 24-hour increase of 1.18%. The market is highly volatile, please manage your risk accordingly.

  • ETH breaks $2,000

    the market shows ETH breaking through $2000, currently at $2001.64, with a 24-hour increase of 2.89%. The market is highly volatile, please manage your risks accordingly.

  • The US spot Bitcoin ETF saw a net inflow of $962.48 million yesterday.

    according to Trader T's monitoring, the US spot Bitcoin ETF had a net inflow of 962.48 million USD yesterday.

  • BTC falls below $66,000

     the market shows BTC fell below 66,000 USD, currently at 65,986.66 USD, with a 24-hour decline of 1.31%. The market is highly volatile, please manage your risks accordingly.

  • BTC falls below $66,000

     the market shows BTC fell below $66,000, currently at $65,973.16, a 24-hour drop of 2.66%. The market is highly volatile, please manage your risks accordingly.

  • ETH breaks $2,000

    market shows ETH breaking through $2000, currently at $2000.29, with a 24-hour increase of 3.73%. The market is volatile, please manage your risk accordingly.

  • The United States uses Anthropic's artificial intelligence technology in its airstrikes in the Middle East.

     United States used Anthropic's artificial intelligence technology in airstrikes in the Middle East, and just hours before the attack, Trump had just issued a ban against Anthropic.