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The percentages on deposits as of April 1️⃣1️⃣

The percentages on deposits as of April 1️⃣1️⃣

Apr-11-2025

In the first quarter of 2025, miners mined 9,700 bitcoins worth $800 million ✔️

In the first quarter of 2025, miners mined 9,700 bitcoins worth $800 million ✔️

Apr-11-2025

In the first quarter of this year, the largest public mining companies mined more than 9,700 bitcoins worth about $800 million.

The leader of the sector was the miner Marathon Digital. In the first three months of 2025, the largest company by market capitalization mined 2,285 BTC worth almost $186 million. On April 3, Marathon announced that 829 BTC were mined in March. This is 17.4% more than in February and 10.5% more than in January.

In Q1, CleanSpark mined 1,950 BTC worth about $160 million. In March, the organization's performance increased by 13.4% compared to the previous month.

Iren (formerly Iris Energy) was the third-largest miner for the quarter. The miner reported mining 1,513 BTC worth nearly $124 million. Iren mined 533 BTC in March, up 16.1% from February.

Riot Blockchain, which is second only to Marathon Digital in market cap, mined 1,428 BTC (around $117 million) in the quarter. Like Iren, Riot mined 533 BTC in March, up 13.4% from February.

Hut 8 showed the highest growth rate. The company mined 199 BTC worth about $16 million, including 88 coins in March. This is 91% more than the 46 BTC mined in February.

The percentages on deposits as of April 🔟

The percentages on deposits as of April 🔟

Apr-10-2025

US Tariff Delay Sends Bitcoin Above $82,000 ✔️

US Tariff Delay Sends Bitcoin Above $82,000 ✔️

Apr-10-2025

After US President Donald Trump announced a 90-day tariff deferral, Bitcoin rose in price above $82,000, adding more than $5,000 in a day.

The S&P 500 jumped more than 7.6%, the Dow Jones Industrial Average jumped 6.5% and the Nasdaq Composite jumped 9.5%, ending a four-day losing streak.

"I have authorized a 90-day pause and a substantially reduced reciprocal tariff for that period of 10%, effective immediately," Trump wrote on Truth Social.

Bitcoin, which fell to $74,500 earlier this week, has maintained a reassuring degree of stability throughout the market turmoil despite the downturn. Its decline in price has been less than expected.

While markets have responded positively to the pause, volatility will persist and even increase if trade talks stall. Trump’s 90-day reprieve provides short-term clarity, but overall global trade policy remains uncertain.

The percentages on deposits as of April 9️⃣

The percentages on deposits as of April 9️⃣

Apr-9-2025

Australian authorities have shut down 95 fraudulent crypto companies ✔️

Australian authorities have shut down 95 fraudulent crypto companies ✔️

Apr-9-2025

According to ASIC, some of these companies were registered using stolen identities. The founders of the firms used a “pig-cutting” scheme - first gaining the trust of investors by establishing romantic relationships and then tricking them into investing in fraudulent crypto platforms and mobile apps.

The victims believed that they were margin trading or trading crypto derivatives on legitimate services. However, in reality, these were platforms whose interfaces only resembled well-known cryptocurrency exchanges. The deposits made by the victims were transferred to accounts controlled by the criminals.

ASIC said it was blocking around 130 fraudulent websites a week. The agency has already shut down more than 10,000 sites, including 7,227 fraudulent investment platforms, 1,564 phishing hyperlinks and 1,257 cryptocurrency schemes.

"Fraudsters will use every tool they can to steal your money and personal information. These scammers are like a hydra - you kill one and two more come in their place. So we urge investors to be vigilant," ASIC Deputy Chair Sarah Court said.

In early April, Australian authorities began a massive inspection of crypto ATMs, threatening operators with legal action for failure to comply with anti-money laundering (AML) and counter-terrorism financing regulations.