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MARA Holdings to Sell $2 Billion in Stock for Bitcoin Purchases

Coins Legend March 30, 2025 0

MARA Holdings, Inc. has announced a $2 billion at-the-market stock offering, with plans to use the proceeds primarily to acquire additional bitcoin and for general corporate purposes. MARA Targets Bitcoin Growth Through $2 Billion Stock Offering The company, MARA Holdings, Inc. (Nasdaq: MARA),

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FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025

Coins Legend March 30, 2025 0

The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection in November 2022 amid a liquidity shortfall and fraud disclosures, the firm has […]

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Bitcoin Mining Made Predictable: Soluna, Luxor Streamline Bitmine’s Growth

Coins Legend March 30, 2025 0

Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy volatility and equipment costs. Bitmine Scales Mining Operations 3x via Soluna-Luxor Partnership Soluna Holdings and Luxor Technology Corporation have enabled Bitmine Immersion

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Acting SEC Chair Rejects Enforcement, First US Bank-Issued Stablecoin, and More — Week in Review

Coins Legend March 30, 2025 0

Acting SEC chair rejects enforcement, first US bank-issued stablecoin, Bitcoin’s four-year cycle at crossroads, and more in this Week in Review. Week in Review Acting SEC Chair Uyeda called for clear rulemaking over enforcement to provide much-needed guidance to the industry. The first U.S. bank-issued stablecoin on a permissionless blockchain—Ethereum—has launched.

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XRP Price Watch: XRP Stuck in Consolidation — Breakout Incoming?

Coins Legend March 30, 2025 0

XRP is currently trading at $2.16 with a market cap of $125 billion and a 24-hour global trade volume of $2.76 billion, fluctuating within an intraday range of $2.09 to $2.21, sitting 36.4% below its all-time high. XRP The 1-hour chart reflects a consolidation phase, with XRP stabilizing around the $2.16 mark. Minor green candlesticks […]

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Bitcoin Price Analysis: Can Bitcoin Bulls Overcome $84,000 Resistance?

Coins Legend March 30, 2025 0

Bitcoin is currently trading between $82,856 to $83,032 at 7:30 a.m. (ET) on Sunday, with a market cap of $1.65 trillion and a 24-hour global trade volume of $15.6 billion. Throughout the past 24 hours, the cryptocurrency’s price has ranged between $81,629 and $83,496.03, placing it 23.6% below its all-time high of January 20, 2025. […]

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Crypto’s 2025 Paradox: $610B Evaporates While Some Assets Defy Gravity With Triple-Digit Leaps

Coins Legend March 30, 2025 0

In the 89 days since 2025 dawned, the cryptocurrency sphere has shed a staggering $610 billion in collective worth. Yet amidst this contraction, a handful of digital tokens have defied gravitational pressures to chart luminous trajectories. Four (FORM), formerly known as binaryx (BNX), has skyrocketed 457.5% against the U.S. dollar since Jan. 1. Jan. 1 […]

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T-Mobile Hit With $33M SIM Swap Award Over Crypto Theft

Coins Legend March 30, 2025 0

T-Mobile was ordered to pay $33 million after an arbitration panel found it liable for “numerous security failures” enabling a SIM swap that led to crypto theft. Crypto Theft via SIM Swap Leads to $33 Million Loss for T-Mobile Law firm Greenberg Glusker shared on March 20 that it had obtained a $33 million arbitration […]

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Thai SEC Files Criminal Complaint Against OKX for Unlicensed Operations

Coins Legend March 30, 2025 0

Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against Aux Cayes FinTech Co. Ltd., the operator of the digital asset exchange OKX, and nine associated individuals for allegedly operating an unlicensed digital asset exchange. The complaint, submitted to Thailand’s Economic Crime Suppression Division, claims that OKX violated the Emergency

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Mercuryo CEO: Crypto’s Arrival on the World Stage Won’t Be a ‘Eureka Moment’

Coins Legend March 30, 2025 0

According to Petr Kozyakov, trust in traditional finance, notwithstanding its inefficiencies, creates hesitancy among businesses and regulators regarding stablecoins. Traditional Finance Inertia Hinders Crypto Adoption Despite the early promises of blockchain technology to revolutionize global finance, cryptocurrency payments, while gaining traction, remain a small