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Bitfarms To Acquire Stronghold Digital Mining In $175M Merger
August 21, 2024
Bitcoin miner Bitfarms has announced a definitive merger agreement to acquire Stronghold Digital Mining. The transaction involves $125 million in equity value and the assumption of $50 million in debt, …
Read moreStory Protocol Raises $80 Million to Revolutionize IP Ownership in AI Era
August 21, 2024
In a groundbreaking move, Story Protocol, an innovative developer focused on intellectual property (IP) rights, has raised $80 million in a Series B funding round. The round was led by …
Read moreTether Proposes UAE Dirham-Pegged Stablecoin Integration
August 21, 2024
Tether, a leading provider of stablecoins, has announced its plan to introduce a new stablecoin pegged to the United Arab Emirates Dirham (AED). This new addition will join Tether's current …
Read moreEthereum ETFs Face Uncertainty Amidst Grayscale Outflows
August 21, 2024
The launch of spot Ethereum ETFs has not met the initial market optimism, as evidenced by their recent performance. As of now, the total on-chain holdings of Ethereum ETFs stand …
Read moreBitcoin Positioned For Short Squeeze Amid Mt. Gox BTC Movements
August 21, 2024
The Bitcoin market looks increasingly poised for an intriguing phenomenon known as a 'short squeeze,' as articulated by crypto analysis firm K33. The prevailing negative perpetual funding rates coupled with …
Read moreSolana ETFs Remain a Focal Point Despite Regulatory Challenges
August 20, 2024
The cryptocurrency community is abuzz with recent developments regarding Solana's exchange-traded funds (ETFs). Brazil has greenlit its second Solana-based ETF, signaling growing international acceptance of the blockchain asset. This follows …
Read morePublicly Traded Bitcoin Miners Reduce Sell-Offs, Strengthening Market Position
August 20, 2024
Market Dynamics Shift in Bitcoin MiningIn a recent analysis by Kelly Greer, an analyst at Galaxy, data from NYDIG highlights a significant shift in the behavior of publicly traded Bitcoin …
Read moreBNB And XRP Lead Mid-Week Crypto Surge
August 20, 2024
In a notable turn of events this week, Binance Coin (BNB) and XRP have emerged as the leading gainers among the top 10 cryptocurrencies. Both digital assets have demonstrated significant …
Read moreBitcoin Surpasses $61,000 Amid High Volatility
August 20, 2024
Bitcoin has recently crossed the $61,000 mark, demonstrating significant market volatility. Analysts suggest that absent any major geopolitical events, Bitcoin may continue to outperform other assets. The recent price movement …
Read moreTop Democratic Donor Breaks Ties with Crypto PACs Over $12 Million Campaign
August 20, 2024
In a recent turn of events, one of the top Democratic donors, Ron Conway, has decided to dissociate from crypto political action committees (PACs) due to a contentious $12 million …
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