Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial $500 million to $800 million offering with H.C. Wainwright & […] Source: https://news.bitcoin.com/cleansparks-stock-tumbles-10-after-plans-to-sell-800-million-in-shares/
Month: March 2024
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot Ethereum ETF, Backed by Correlation Data Bitwise’s proposed ETF, conducted in […] Source: https://news.bitcoin.com/bitwise-files-for-spot-ethereum-etf-with-sec-highlights-detailed-correlation-analysis/
TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON Season 6
PRESS RELEASE. Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors, partners, and judges. Showcasing HackaTRON Sponsors Diamond Sponsors: Ankr: Specializing in decentralized infrastructure services for DApp development, Ankr supports the seamless integration and deployment of blockchain […] Source: https://news.bitcoin.com/tron-dao-reveals-exciting-updates-to-sponsor-and-judge-list-for-hackatron-season-6/
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making it easier for them to make transactions. Celo Aims for Usability in […] Source: https://news.bitcoin.com/celo-cements-its-stablecoin-allegiance-transaction-fees-now-can-be-paid-with-stablecoins/
What’s Next for Ethereum NFT Game ‘Parallel’ and Solana’s ‘Colony’ After $35 Million Raise
Parallel Studios, the startup behind Ethereum NFT card-battler Parallel, announced late Wednesday that it has raised $35 million in fresh funding from a bevy of major firms around the crypto world and numerous well-known angel investors. The list includes investment management giant VanEck, Solana Ventures, the Base Ecosystem Fund, Collab + Currency, and The Spartan Group, while the list of…
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF), he emphasized that the Ishares Bitcoin Trust (IBIT) is “the fastest growing ETF in the history of […] Source: https://news.bitcoin.com/blackrock-ceo-larry-fink-very-bullish-on-bitcoin-hails-ibit-the-fastest-growing-etf-ever/
LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch
PRESS RELEASE. In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) […] Source: https://news.bitcoin.com/lendfi-revolutionizes-defi-landscape-with-comprehensive-app-launch/
Dogwifhat Hits All-Time High, Flips Pepe as Meme Coins Soar
While the broader cryptocurrency market has been relatively flat, meme coins have been on a tear, with Dogwifhat leading the pack. The most popular Solana memecoin reached a new all-time high earlier today. Dogwifhat is a relatively new meme coin launched on the Solana ecosystem in November of last year. Despite being a newcomer, it has made a name for…
‘Som Bonkmon Fraud’: SBF Meme Coins Pump 300x, Then Crash After Sentencing
If the 25 year prison sentence announced today for disgraced FTX founder Sam Bankman-Fried came as a shock to any, here’s a related development that will surely surprise no one: Degens churned up multiple meme coins to piggyback on the news, which in some cases surged over 30,000% in value before plummeting back to worthlessness. On Ethereum scaling network Base,…
US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler
U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting innocent investors,” he stressed. Deaton Calls for Gensler’s Resignation John Deaton, a U.S. Senate candidate running against incumbent U.S. Senator Elizabeth […] Source: https://news.bitcoin.com/us-senate-candidate-calls-for-resignation-of-sec-chair-gary-gensler/