In the last 15 days, VC fundings for Bitcoin mining infrastructure has increased dramatically. From Auradine to Bitdeer – various such companies have received million dollar support. In another instance of it, Riot, a NASDAQ listed Bitcoin mining infrastructure provider, has received $100 mn support. The support in the form of credit facility has been … Read more
Eugene William Austin Jr., also known as “Hugh Austin,” was sentenced to 18 years in prison for leading a multi-year scheme that defrauded more than two dozen victims out of $12 million. His son, Brandon Austin, was previously sentenced to four years in connection with the fraud, according to the Justice department. According to U.S. … Read more
Ethereum recently experienced a notable surge in price, jumping to $1,800 and gaining 10% over the past week. While it still lags behind on a monthly timeframe, down by approximately 13%, optimism is building due to upcoming developments. One of the major catalysts driving renewed interest is the scheduled Pectra upgrade, set for a mainnet … Read more
CME Group has announced plans to launch XRP futures, with the derivatives marketplace eyeing a debut date of May 19, 2025. In an announcement, the CME Group said the unveiling of XRP (XRP) futures, set to offer access to both micro and larger-sized contracts, awaits regulatory review. Once live, the new products will allow investors … Read more
Robert Kiyosaki unleashes a seismic forecast, predicting a Great Depression while urging bold bets on bitcoin, which he believes will soar to $200K this year and over $1 million by 2035. The Collapse Has Begun: Kiyosaki Warns of a Great Depression Meltdown Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has once … Read more
New York City is hosting a powerhouse crypto summit to attract investors with $1 trillion in assets and solidify its position as a global leader in digital finance innovation. NYC Crypto Summit Aims to Lure Giants Holding $1 Trillion The City of New York announced on April 23 that Mayor Eric Adams and Chief Technology … Read more
An unexpected transfer of 9 million UNI tokens to Coinbase Prime has ignited discussions among traders regarding its implications on market volatility. This significant movement, valued at approximately $54 million, comes after a lengthy dormancy period, prompting speculation about potential sell-off pressure. “The timing raises questions about possible strategic redirection from the whale, given the … Read more
The Italian municipality of Fornelli in the Molise region of Italy will be dedicating a monument to pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. In an April 23 Facebook post from the municipality, Fornelli said it plans to unveil the Satoshi artwork on May 1. Details surrounding the monument were unclear in the announcement, but the … Read more
In the traditional world of stocks, Bitcoin-related companies are on the increase. That said, the first two companies to go this route are Coinbase (COIN) and Strategy (MSTR). Both are potentially ready to break higher. $COIN faces big resistance levels Source: TradingView The daily chart for $COIN shows that the price action has traversed roughly … Read more
With the crypto market changing, many investors are looking for the next penny token poised to deliver life-changing gains. Just like Shiba Inu and PEPE Coin turned early investors into overnight millionaires, a new coin is performing well Mutuum Finance (MUTM). Priced at just $0.025, MUTM is rapidly gaining attention for its innovative DeFi approach … Read more