CleanSpark joins the crowd in raising funds through convertible notes, but doesn’t plan to invest the proceeds. Source: https://cointelegraph.com/news/cleanspark-550m-convertible-notes-funding?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Decrypt, Rug Radio Launch MYRIAD at Epic R HAUS Event During Art Basel Miami
The leading lights of crypto and Web3 jetted to Miami’s Art Basel for a glitzy R HAUS event that saw the launch of Decrypt and Rug Radio’s “integrated media ecosystem” MYRIAD. With views over Miami Beach and parties, auctions, brunches and networking events sponsored by partners including CryptoPunks, MOG, Galaxis, BC Games, Infinite Objects, DeLorean, Christie’s, Ledger, CFN, White Walls…
Ether fractals target $5K, Avalanche raises $250M Finance Redefined
Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings. Source: https://cointelegraph.com/news/ether-fractals-target-5-k-avalanche-250-m-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI memecoins will become utility tokens
AI memecoins are evolving into utility tokens, potentially powering an agentic AI revolution in Web3. Source: https://cointelegraph.com/news/ai-memecoins-will-become-utility-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token. Source: https://cointelegraph.com/news/japan-government-satoshi-bitcoin-reserve?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase faces $1B lawsuit over wBTC delisting
BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC. Source: https://cointelegraph.com/news/coinbase-faces-1-billion-lawsuit-wbtc-delisting?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 12/13: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout. Source: https://cointelegraph.com/news/price-analysis-12-13-btc-eth-xrp-sol-bnb-doge-ada-avax-link-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Technical Analysis: Bulls Eye a Breakout as $2.9 Resistance Looms
XRP’s price movement on Dec. 13, 2024, reflects an intricate mix of bullish energy and moments of hesitation, with signals across various timeframes hinting at potential breakout opportunities. XRP On the 1-hour chart, XRP shows a short-term uptrend, bouncing from $2.286 to $2.48. However, the appearance of small-bodied candles near $2.48 suggests uncertainty among traders. […] Source: https://news.bitcoin.com/xrp-technical-analysis-bulls-eye-a-breakout-as-2-9-resistance-looms/
Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates. Source: https://cointelegraph.com/news/allez-labs-proposes-yield-opportunity-polygon-pos-bridge-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock Ethereum ETF Pulls in $1.5 Billion During 16-Day Hot Streak
Five months after Ethereum ETFs debuted, investors’ allocations to the products are accelerating, with BlackRock’s $3.6 billion offering leading the charge. BlackRock’s spot Ethereum ETF—the iShares Ethereum Trust—capped off a 16-day streak of net inflows with a $200 million bump Thursday, pulling in $1.5 billion since November 20, according to CoinGlass. Prior to that, the ETF had seen $1.7 billion…