Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term. Go to Source
Month: August 2024
Hamster Kombat turns down venture capital offers
Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development. Go to Source
MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA to Purchase More Bitcoin Following Private Sale As … Read more
Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth. Go to Source
Top 5 Cryptos for 2024: BlockDAG’s $1 Shake-Up
Top 5 Cryptos To Buy in 2024 Investors are on the hunt for the next big market disruptor, and the crypto world is buzzing with anticipation. Everyone is watching closely to see which coins will rise in value in 2024 and beyond. Among the contenders, presale coins like BlockDAG are capturing attention, especially after raising … Read more
DEF buys patent to stop lawsuits against MakerDAO and Compound
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said. Go to Source
Year-End Launch of Bitcoin ETF Options Could Lead to Price Drops
Analysts and market observers anticipate that options trading for U.S. spot bitcoin exchange-traded funds (ETFs) could kick off before year-end. While there’s considerable buzz around these new investment avenues, the introduction of options trading might bring strategies that could temper bitcoin’s market price. Crypto ETF Options Likely by Q4 2024, But Bitcoin and Ether Prices … Read more
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim. Go to Source
Super PAC focuses on unseating Sen. Warren, spends $850K on John Deaton
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate. Go to Source
Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify. Go to Source