The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

Could Marathon Digital Holdings be in exploratory talks with Exxon Mobil and Saudi Aramco to colocate Bitcoin mining units at oilfields, directly tapping flare-gas for power? Crypto Twitter thinks it’s possible, and if confirmed, the partnership could turbocharge the scale and legitimacy of gas-to-Bitcoin operations, turning waste methane into a monetized digital asset while addressing ESG...
The number of transactions waiting in Bitcoin’s mempool has been thin since mid-May, a rare event in bull markets. This prolonged quiet spell has pushed median fee rates down to 1 sat/vB or less, left many blocks underfilled, and revived long-term questions about the health of Bitcoin’s fee market. Some reports showed that the 7-day average of confirmed daily transactions fell to 317,000 in early...
Bitcoin spot trading on centralized exchanges has fallen to its lowest point in over four years, according to data from CryptoQuant. Crypto analyst Axel Adler Jr. noted that current spot volumes mirror levels last seen in October 2020. According to him, this shift points to a broader market trend in which Bitcoin holders are refraining from moving their coins on-chain or selling them on spot...
Circle’s CRCL shares are drawing strong interest following the company’s recent listing on the New York Stock Exchange. The firm, best known for issuing the USDC stablecoin, has seen its stock price rise sharply since launch. Data from Yahoo Finance shows Circle’s stock climbed nearly 22% in pre-market trading, reaching above $130 before retracing slightly at open to $123. This follows an earlier...
Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing poses an imminent threat to the top crypto. In a recent CNBC interview, Saylor argued that the narrative is exaggerated to promote speculative quantum-resistant tokens. He noted : “It’s mainly marketing from people that want to sell you the next quantum yo-yo token.” According to...
Digital asset investment products attracted $224 million in inflows last week, extending a seven-week streak that now totals $11 billion, according to CoinShares‘ latest weekly report. However, James Butterfill, CoinShares’ head of research, noted that the pace of inflows into these products continues to slow. Butterfill pointed to rising uncertainty over US monetary policy as a key factor...
Spot Bitcoin ETFs have struggled to keep the inflow momentum they established in May. The first trading day of the month ended with a $267.5 million outflow, which followed the massive $616.1 million outflow on May 30. Another $278.4 million outflow on June 5 and a smaller $47.8 million on June 6 effectively erased the two days of inflows ETFs saw this month. June 3 and June 4 saw modest inflows...
The Blockchain Group (ALTBG) has inked a headline-grabbing deal with French asset manager TOBAM to raise up to €300 million (≈ $342M) in an “ATM-style” equity program aimed squarely at bolstering its Bitcoin reserves. The announcement, paired with a 624 BTC buy last week, marks Europe’s largest single corporate initiative to convert equity into Bitcoin directly. It signals a growing appetite for...
Bitcoin futures have returned to parity with spot prices following a steep 5% drawdown earlier this week that liquidated more than $4 million in leveraged long positions. Price action on Binance’s BTC-USDT perpetual contract shows a reversal from a June 5 low of $100,700 to $105,499, nearing the prior high of $106,775 reached on June 3. The move unfolded as large trades entered both before and...
Ripple plans to offer up to $200,000 in grants to Japanese startups building on the XRP Ledger (XRPL). The initiative, announced on June 9, is part of the company’s broader effort to foster blockchain innovation in Japan. According to the statement, the funding is tied to a new partnership with Web3 Salon, a program supported by the Japan External Trade Organization (JETRO). Ripple will provide...