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Bitfarms Rejects Riot’s Unsolicited Acquisition Offer
May 29, 2024
Bitfarms announced on May 29 that it has rejected Riot Platform's unsolicited acquisition proposal, stating the offer significantly undervalued the company's growth potential. The proposal, presented on April 22, proposed …
Read moreFetch, SingularityNET, and Ocean Protocol Merge to Form AI Powerhouse
May 29, 2024
Fetch.ai, SingularityNET, and Ocean Protocol have announced their plans to finalize the Artificial Superintelligence Alliance (ASI) merger by June 2024. This was revealed in a statement on May 29. By …
Read moreEthereum’s DeFi Dominance Faces Growing Pressure From Tron and Solana
May 29, 2024
Ethereum continues to assert its dominance in the decentralized finance (DeFi) sector, controlling a significant share of the total value locked (TVL) across DeFi protocols. Presently, the TVL in DeFi …
Read moreBlackRock’s IBIT Overtakes Grayscale’s GBTC Bitcoin Holdings Amid Inflow Surge
May 29, 2024
Recent data reveals that BlackRock's IBIT Bitcoin ETF has surpassed Grayscale's GBTC in Bitcoin holdings, driven by a significant surge in inflows. According to Farside, Bitcoin ETFs experienced an inflow …
Read moreRipple's $25 Million Contribution Highlights Crypto's Role in the 2024 Election
May 29, 2024
In a recently bold move, Ripple has positioned itself at the forefront of the crypto industry's engagement with American politics. According to sources, the company has contributed an additional $25 …
Read moreEthereum Futures See Record Highs Post Spot ETF Approval
May 29, 2024
The approval of spot Ethereum ETFs in the US has sparked a significant surge in the Ethereum derivatives market, particularly in futures. Despite the anticipation, the approval did not trigger …
Read moreRiot Platforms Seeks Hostile Takeover of Bitfarms Amid Shareholder Dispute
May 28, 2024
Riot Platforms recently announced a proposal to acquire Bitfarms for US$2.30 per share, aiming to establish the world's largest publicly listed Bitcoin miner. Riot, which currently holds a 9.25% stake …
Read moreGlobal Bitcoin ETFs Exceed 1 Million BTC in Holdings
May 27, 2024
Global ETFsAccording to Bold.report data, all Bitcoin exchange-traded funds (ETFs) collectively hold over one million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed across several countries, …
Read moreCaitlyn Jenner's Solana Meme Coin Sparks Controversy
May 27, 2024
A recent tweet from Caitlyn Jenner's account featuring a Pump.fun link has led to the launch of a meme coin, purportedly deployed by an unknown promoter. The token, named JENNER, …
Read moreEthereum Surges Past $3900 Following ETF Approvals and Upcoming Pectra Upgrade
May 27, 2024
Ethereum has experienced a significant boost in its price, climbing to a two-month high of over $3900, following the U.S. SEC's approval of multiple spot Ethereum ETFs. This approval comes …
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