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Bitcoin Mining Firm Mara Holdings Achieves Record Q3 Profit of $123 Million, Benefiting from Price Increase and Improved Operational Efficiency

4 hours ago

On Tuesday, November 4th, the Bitcoin mining firm Mara Holdings announced a record profit. In the third quarter, it achieved a profit of $123 million. This was mainly driven by the increase in the price of Bitcoin during the quarter and the improvement in operational efficiency. As a result, the revenue grew by 92% to $252 million. This performance represents a turnaround for the company compared to a loss of $125 million a year ago. The company's performance has seen a significant improvement, benefiting from a 64% increase in hash rate and a reduction in electricity costs. The company mined 2,144 bitcoins in the third quarter and currently holds 53,250 bitcoins. At the current price, this is valued at nearly $5.6 billion.
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The US Government Shutdown Continues, on the Brink of Breaking the 35-Day Record

November 5th. On November 4th in local time, the U.S. Senate once more failed to pass a temporary government funding bill. This indicates that the current round of federal government "shutdown" that started on October 1st is on the verge of breaking the historical record of the 35-day shutdown from the end of 2018 to the beginning of 2019 and is likely to become the longest government shutdown in U.S. history. (Golden Ten)

2 hours ago

Bitcoin Continues to Drop, Falls Below $101,000

On November 5th, based on HTX market data, Bitcoin has fallen below $101,000 and is currently trading at $100,954, indicating a 24-hour decrease of 2.29%.

2 hours ago

「1011 Insider Whale」 Faces Over $2.7 Million in Unrealized Losses on Hyperliquid

On November 5th, as per the monitoring of LookOnChain, the "1011 Insider Whale" incurred a long position loss of more than $2.7 million on Hyperliquid.

2 hours ago

Bitcoin Falls Below $102,000, Causing $177 Million in Liquidations Across the Network in Just 1 Hour

On November 5th, based on HTX market data, Bitcoin dropped below $102,000 and is currently trading at $101,854, with a 24-hour decline of 1.29%. Moreover, as of the moment of writing, a total of $177 million was liquidated in the past hour, and the long liquidations accounted for $161 million.

2 hours ago

「Former 100% Win Rate Whale」 Reduces Positions: 9000 ETH Long and SOL Long

On November 5th, as monitored by Hyperinsight, the "Front-Running Whale with 100% Win Rate" decreased its long position in ETH and SOL by 9000 coins each within 10 minutes and is still reducing its position in small amounts. As of the time of writing, its overall long position is at an unrealized loss of $19.63 million. The position size is $116 million.

2 hours ago

U.S. Secretary of Labor: Will Release Bureau of Labor Statistics Report Upon Government Return to Work

On November 5th, US Labor Secretary Delmer stated: The report of the Bureau of Labor Statistics will be made public when the government resumes its operations, and no other data can be disclosed prior to that. (Xinhua)

2 hours ago

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