Riot Platforms Pushes for Board Shakeup at Bitfarms in Takeover Bid
Bitcoin mining leader Riot Platforms has taken a new approach in its attempt to acquire rival Bitfarms, launching a website and nominating new board members to push for improved corporate governance at the Canadian company. This significant shift in strategy…
Bitcoin On Top With145.9% Annualized Rate of Return
Bitcoin has been widely talked about recently by both experts and critics. New statistics from Charlie Bilello, Chief Market Strategist at Wealth Management and Investment Advisory Firm Creative Planning, show Bitcoin on top in terms of annual return compared to…
Meme Coins Lead Crypto Market Rebound Fueled by Investor Optimism
In a surprising turn of events, the cryptocurrency market staged a comeback today, spearheaded by a surge in meme coin prices. After a dismal performance yesterday, meme coins like Dogecoin, Shiba Inu, Pepe Coin, and WIF skyrocketed by over 5%,…
Bitcoin Slumps, Critic Warns of Potential ETF Sell-Off
The cryptocurrency market continues its downward spiral, with Bitcoin slump in focus. The world’s most popular digital currency dropped to its lowest price since February today, settling at $53,485.93. However, it appears to have recovered some lost ground. Despite this…
Bitcoin Drop Below $58K Sparks ‘Buy-the-Dip’ Trend
Bitcoin experienced a drop below the $58,000 threshold for the first time in more than two months. It was on May 1st when the leading cryptocurrency Bitcoin dropped below the $58,000 mark. This prominent digital asset’s price declined to as…
Consensys Defends MetaMask: Web3 Innovation vs. Securities Law
Consensys has responded to the SEC’s lawsuit alleging that Metamask’s swap and stacking features function as “an unregistered brokerage and stacking services.” This action by the SEC aligns with its alleged anti-crypto stance, perceived by the crypto supporters as an…
Bitcoin Sluggish Despite Net Inflow of Bitcoin ETFs
Traditionally, Bitcoin price and spot Bitcoin ETFs flow have a positive correlation. However, the recent movement in Bitcoin’s price shows a divergence in the current market. The drop in Bitcoin’s price to the $60,000 mark and the net inflow of…
VanEck’s First Spot Solana ETF Propels Solana Price
Wall Streets embrace of cryptocurrencies appears to be expanding beyond established players like Bitcoin. Investment firm VanEck, on Thursday, filed with the SEC to launch the first U.S. Spot Solana ETF directly tied to the spot price of Solana, a…
Apple Bitcoin Buzz: Saylor’s Post Sparks Excitement
The Bitcoin community is buzzing following a mysterious message from Michael Saylor, the founder of MicroStrategy and a major investor in Bitcoin. Saylor posted a message on platform X (formerly known as Twitter) that said, “Take a ₿ite,” alongside an…
Bitcoin Community Bullish: Survey Predicts 40% Growth
A recent survey by Michael Saylor, a well-known Bitcoin investor, shows that the Bitcoin community is optimistic about the future of cryptocurrency. The survey, shared by Saylor on his X account (formerly Twitter), received over 35,933 responses, showing strong confidence…