Bitcoin mining company Marathon Digital Holdings (MARA) is issuing $850 million in convertible notes, with the option to expand to $1 billion, as part of plans to repurchase existing debt, acquire Bitcoin, and fund corporate initiatives amid a recovering crypto market. The Fort Lauderdale, Florida-based firm said Monday it plans to use $199 million of the expected $833 million in…
Author: Crypto Superhero
Dogecoin to $5? It’s possible according to a ‘Gaussian channel’ model
One analyst says DOGE could rally 5,000% from its current price, based on a Gaussian channel analysis. Source: https://cointelegraph.com/news/dogecoin-s-parabolic-target-is-3-5-based-on-historically-parabolic-gaussian-channel?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy Now Holds $30 Billion in Bitcoin—These Are Its Biggest Buys
MicroStrategy, fronted by outspoken Bitcoin bull and Executive Chairman Michael Saylor, added to its sizable Bitcoin holdings Monday with the purchase of 51,780 BTC—or $4.6 billion worth. The purchase is the latest—and largest—in a string of Bitcoin purchases dating back to 2020, when MicroStrategy and Saylor made the strategic decision to allocate capital to the leading cryptocurrency to “maximize long-term…
Chris Pavlovski Stirs the Crypto Pot—Should the Video Platform Rumble Hold Bitcoin?
On Tuesday, shortly before bitcoin (BTC) reached a lifetime high of $94,057 per coin, Rumble CEO Chris Pavlovski sparked interest on X. He posed a question to his 289,300 followers, asking whether Rumble should adopt bitcoin as a strategy and add it to its balance sheet. Michael Saylor Joins Rumble’s Bitcoin Treasury Debate: ‘I’d Be […] Source: https://news.bitcoin.com/chris-pavlovski-stirs-the-crypto-pot-should-the-video-platform-rumble-hold-bitcoin/
Donald Trump taps crypto advocate Lutnick as commerce secretary
The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether. Source: https://cointelegraph.com/news/trump-commerce-secretary-howard-lutnick-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bonk Flips Dogwifhat on Its Way to All-Time High—With Solana Along for the Ride
With Solana’s price within striking distance of an all-time high, Bonk (BONK) became the network’s largest meme coin by market cap Tuesday, surging past its primary canine competitor. Rising by nearly 7% over the past day to $0.00005269, Bonk’s total value clocks in above $3.9 billion as of this writing. Meanwhile, Solana’s Dogwifhat (WIF) had fallen 5% to $3.29, ceding…
Ethereum DApp volumes gain 38% in a month — Will ETH price follow?
Everything but ETH seems to be rallying, even though Ethereum’s DApp volumes are surging. What gives? Source: https://cointelegraph.com/news/ethereum-dapp-volumes-gain-38-in-a-month-will-eth-price-follow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mistral AI’s New Chatbot Rivals GPT, But For Free
Mistral AI, the French AI company founded by ex-Google and Meta employees, just overhauled its free, multimodal AI platform—and it comes close to matching, and sometimes even exceeding, paid offerings from OpenAI or Anthropic. The suite of AI tools from the Paris-based startup now features web search and image generation capabilities alongside a new visual model that outperforms larger rivals…
Pac-Man NFTs to Fuel Pokémon Go-Like Scavenger Hunt in Tokyo
Flickplay, an NFT interactive character platform, has teamed with Bandai Namco Entertainment—one of its investors—to launch a Pokémon Go-style scavenger hunt to celebrate the 45th anniversary of classic arcade game, Pac-Man. Set to debut in February 2025, the partnership will begin with the release of two series of exclusive Pac-Man digital collectible “toys.” One series will only be available to…
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on a five-acre site in Iowa. The company plans to energize eight megawatts (MW) […] Source: https://news.bitcoin.com/bitcoin-mining-firm-compass-establishes-30-mw-site-in-iowa/