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Key Takeaways Cardano is struggling to maintain levels above $0.25 following an unsuccessful rebound effort, with selling pressure persisting throughout the week. Derivatives market open interest contracted by approximately 8% over a 24-hour period, accompanied by $701,830 in long position liquidations. The open interest-weighted funding rate shifted into negative territory at -0.0132%, indicating short position…

Bitmine holds 4,803,334 ETH, valued at approximately US$10.2 billion at US$2,123 per token, with 71,252 tokens acquired in the past week alone. The company’s MAVAN staking platform deploys 3.33 million ETH at a 2.78% annualised yield, generating US$196 million per year and projecting US$282 million at full deployment. BMNR transfers from NYSE American to the…

Homepage > News > Business > BTC miners face major layoffs, treasury selloffs, regional shutoffs The dwindling number of block reward miners working to secure the BTC network is engaging in “treasury” selloffs and major layoffs, and even Congress is growing concerned about the future of this technology. As if things weren’t already difficult enough…