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Creditors Want to Pour Cold Water on Celsius’ Mined Bitcoin Sale Plans


Celsius creditors want to block the bankrupt crypto lender from selling mined bitcoin (BTC) reserves – and have labeled the firm’s CEO previous attempts to reassure them as “empty and false.” The company is filing for bankruptcy in New York, where the case is now being heard. But in a letter...

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low


While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...

Kazakhstan Shuts Down Crypto Mining Farms Till February


Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...

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