Crypto News
Bitcoin Miner MARA Raising $2 Billion With a Stock Offering to Buy BTC
The offering would allow MARA to use the proceeds for “general corporate purposes, including the acquisition of Bitcoin and for working capital."Source link
CoinShares’ Bitcoin Mining ETF Is the Worst Performing Fund of This Year
CoinShares' Valkyrie Bitcoin Mining (WGMI) exchange-traded fund (ETF) is the worst-performing ETF of 2025, down 43% year-to-date, according to Senior Bloomberg ETF analyst Eric Balchunas. The ETF is made up of several publicly traded bitcoin (BTC) miners. IREN (IREN) is the largest holding at 15%, which is down 42%. Core Scientific (CORZ) follows with a 14% weighting and a 48% decline, while Cipher Mining (CIFR), the third-largest holding at 9.6%, is down 52%. Even NVIDIA (NVDA), the sixth-largest holding at 5%, has dropped over 20% this year.According to its investment strategy, "The ETF will invest in companies that derive at least 50% of their revenue or profits from bitcoin mining operations and/or from providing specialized chips, hardware, software, or other...
Nigeria Alleges Binance Facilitated Terrorism, Kidnapping Funding
Nigeria’s government has accused Binance of facilitating terrorism and kidnapping financing through illicit fund transfers on its cryptocurrency exchange platform. Binance Faces Increasing Legal Challenges in Nigeria Prior to the Nigerian government’s crackdown on Binance, kidnapping gangs and terrorists funneled illicit funds through the cryptocurrency exchange, Information Minister Alhaji Mohammed Idris recently stated. Idris saidSource link
Trump Family Enters Bitcoin Mining With New Venture, American Bitcoin: Report
The Trump family is deepening its involvement in cryptocurrency with a major move into bitcoin (BTC) mining, according to a Wall Street Journal report.Eric Trump and Donald Trump Jr. are merging their firm, American Data Centers, with a new mining venture called American Bitcoin, taking a 20% stake in the company. The remaining 80% will be owned by Hut 8, a publicly traded crypto infrastructure firm, which is contributing nearly 61,000 mining machines to the new entity. According to the report, no cash changed hands in the deal. Eric Trump, who will serve as American Bitcoin’s chief strategy officer, describes the initiative as aligned with the family’s focus on hard assets, likening digital currencies to real estate. He emphasized plans...
Cloudbet opens no-limit betting for April’s Dota tournament blitz
Willemstad, Curaçao, Netherlands, 31st March 2025, GamingWireSource link