BITMARS NEWS

According to research by authoritative institutions, the cryptocurrency market in the Middle East is growing rapidly, with an estimated 700,000 daily active users in the six Gulf countries by 2024. More and more crypto investors, such as Binance founder CZ and Telegram founder Pavel Durov, are settling and starting businesses in the Middle East. Currently, […]

Recently, Nayib Bukele, the President of the Central American country of El Salvador, was interviewed by Time magazine, in which he stated: “El Salvador invested $135 million. Now, we have $400 million in Bitcoin in the public wallet alone. We have done well as a government.” The country has been aggressively accumulating Bitcoin, adding almost 1

Data from The block indicates that August may have been the most painful month for miners, with BTC miners’ revenue reaching the lowest since 2024, decreasing by $99.75 million compared to July. The difficulty of Bitcoin mining was adjusted up by 2.99% to 89.47 T on August 28th, with the current total network hashrate at

On August 29, US time, a class-action lawsuit accusing Musk of manipulating the price of dogecoin and seeking $258 billion in compensation was dismissed.   Two years ago, Musk faced this class-action lawsuit, with multiple dogecoin investors collectively accusing him of pump-and-dump schemes, market manipulation, and insider trading caused investors to lose billions. The suit alleged

Lately, New World Wealth and Henley & Partners jointly released a report which stated that there are currently about 172,300 people worldwide holding cryptocurrency assets worth more than one million US dollars, while this figure was 88,200 last year. Among these 172,300 millionaires, 85,400 are BTC millionaires, and the number of people in this group has

Starting from September 1, 2024, Russia will officially implement a bill that allows cryptocurrency mining and the use of cryptocurrency for cross-border payments.   This marks the first time such a globally influential superpower has legalized mining and the adoption of cryptocurrency transactions. Russia will utilize its national payment card system to facilitate exchanges between

On August 21, 2024, Mt. Gox announced that it has completed the repayment to 19,000 creditors by returning BTC and BCH, while another 5,000 do not yet meet the conditions for repayment. This means that the repayment work of Mt. Gox is nearing its end and is currently on hold.     Ten years ago,

Recently, China’s major AAA game “Black Myth: Wukong” has officially been released, with nearly 5 million copies sold worldwide and a game opening rate exceeding 96%. Within the first hour of its launch, the number of concurrent online players broke through 1 million, making it one of the most-played games on Steam upon release.  

On Monday, August 19th, spot Bitcoin ETF inflows reached as high as $62 million. Among them, BlackRock took the lead with $92.7 million. Institutions including Morgan Stanley continue to be optimistic about Bitcoin. According to BitcoinMagazine, 60% of the world’s top 25 hedge funds have disclosed their Bitcoin ETF holdings. Millennium Mgmt. holds 27,263 BTC,

Recently, miners have experienced a historic moment of ups and downs. Not only BTC miners but also almost all PoW miners and all cryptocurrency players have encountered this dark descent, with the prices of all cryptocurrencies plummeting dramatically. The fear and greed index of the cryptocurrency market shows that market sentiment is extremely panicked. However,