
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
With earnings going from high to low in 2022, some miners struggled to pay the dues, resulting in more defaults, distressed asset sales, and acquisitions than ever before.
The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.

Brett Harrison, the former CEO of FTX.US, raised $5 million from big-name investors to launch a new crypto startup called Architects.

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

Crypto markets did not react to news of Genesis filing for Chapter 11 bankruptcy. However, contagion risk remains a threat.

The Bitcoin network used 58.9% renewable sources last quarter vs. 59.4% the previous quarter.

On-chain Bitcoin metrics continue to suggest a market bottom, but it remains to be seen if the current cycle plays out the same as past cycles.

Ethereum holders account for 20% of the 425 million global crypto investors, while BTC holders account for 52%.



