We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports In the last four days alone, meme stock influencer Keith Gill, aka Roaring Kitty, has lost over $350 million on his GameStop (GME) position. You wouldn’t…
Bitcoin led the investment charge last week, accumulating over $1.97 billion in inflows, while Ether experienced its strongest week since March, attracting nearly $70 million in inflows. Expectations are mounting among some traders regarding continued buying activity in Ether-tracked products, with projections of the asset reaching the $10,000 price level by 2024. In a report released on Monday, asset manager…
Bitfarms Ltd., a Bitcoin mining company, is adopting a “poison pill” shareholder rights plan in response to an unsolicited takeover offer from larger rival Riot Platforms Inc. A poison pill strategy is designed to deter corporate takeovers by making the acquisition too costly for the acquiring company. Under the terms of Bitfarms’ plan, if an entity acquires an equity stake…
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would be assigned an OKVED code, which classifies company activities for licensing […] Source: https://news.bitcoin.com/russia-set-to-recognize-bitcoin-mining-as-economic-activity/
The commission approved 19b-4 filings from eight asset managers in May, but they won’t begin trading on U.S. exchanges until the SEC signs off on the S-1 registration statements. Source: https://cointelegraph.com/news/sec-spot-ether-etf-proshares
Nvidia is reportedly preparing a significant upgrade to its lineup of laptop GPUs. The forthcoming RTX 50 series, codenamed “GN22,” will feature six different variants, surpassing the five options offered in the current RTX 40 series, according to an apparent leak shared by security researcher Dominic Alvieri. If accurate, the most notable enhancement in the updated specifications is the increase…
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week for Digital Assets as U.S. Ethereum ETF Approval Sparks $2 Billion Surge Digital asset investment products, […] Source: https://news.bitcoin.com/surge-in-digital-asset-investments-following-sec-etf-approvals-coinshares-reports/
Apple is bringing ChatGPT to Siri, the company announced during its annual WWDC conference on Monday. Apple confirmed a long-rumored partnership with OpenAI as a key part of its new “Apple Intelligence” upgrades coming to iOS 18, MacOS 18, and macOS Sequoia. It represents the biggest overhaul to Apple’s digital assistant since it was introduced in 2011. Apple users will…
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase […] Source: https://news.bitcoin.com/mexican-billionaire-ricardo-salinas-doubles-down-on-bitcoin-advises-using-it-as-inflation-hedge/
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour. Source: https://cointelegraph.com/news/defi-technologies-adopts-bitcoin-treasury-strategy
