Citizens has initiated coverage on SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, implying a potential upside of more than 200%, the bank said in a Wednesday report. Shares were 2% higher in early trading, around $15.45. The bank’s bullish stance rests on a positive long-term view of ether’s price […]
The second largest publicly traded ether tax company, SharpLink Gaming (SBET), has raised $76.5 million in a direct equity offering at an above-market price. The Minneapolis-based company said in a press release that it sold 4.5 million shares at $17 a share. The sale price also reflected a premium to the company’s net asset value
SharpLink Raises $76.5M Read More »
MoonPay has launched MoonPay Commerce, a unified crypto payment platform built on technology from its acquisition of Helio, the company said in a press release Thursday. The rollout brings Helio’s checkout tools fully under the MoonPay brand, offering merchants, creators and developers a faster and simpler way to accept crypto payments globally, the company said.
MoonPay Unveils Unified Crypto Payments Platform ‘MoonPay Commerce’ Read More »
BNB is now down 11% from its all-time high of $1,370 this week, hitting an intraday low of $1,151.50 before stabilizing near $1,180. Its latest addition to Coinbase’s listing roadmap hasn’t helped it recover. The drop triggered more than $630 million in liquidations across 210,000 trading accounts as the market turned risk-off. The token’s 24-hour
BNB is now down 11% from record highs despite Coinbase Roadmap listing Read More »
Bitfarm’s (BITF) share price has fallen 4% pre-market as it announced a proposed offering of $300 million in convertible senior notes due January 15, 2031, with an option for the first buyers to purchase an additional $60 million within 13 days of the issuance. The notes, senior unsecured obligations, will pay interest semi-annually from July
Bitfarms targets $300m growth convertible note sales Read More »
Visa built the world’s largest payments network, pushing nearly $16 trillion in payments through its virtual pipes. Now it wants to do the same for lending in the world of decentralized finance (DeFi). The report titled Stablecoins Beyond Payments: The Onchain Lending Option, reframes decentralized finance as “onchain finance”—a deliberate rebrand aimed at making decentralized
Bitcoin continues to trade sluggishly around the $110,000 level and remains under pressure compared to gold. Onchain data from Glassnode shows that selling pressure from long-term holders (LTHs) is intensifying. Glassnode defines LTHs as investors who have held bitcoin for 155 days or more. Currently, LTHs have a combined approximately 14.5 million BTC, but they
BTC faces heavy selling pressure despite seasonally bullish expectations Read More »
Australia’s Home Affairs Minister Tony Burke is looking to give new powers to the country’s anti-money laundering watchdog to crack down on cryptocurrency ATMs. Burke proposed measures to enable the Australian Transaction Reports and Analysis Center (AUSTRAC) to restrict or ban certain high-risk products, according to an announcement on Thursday. The announcement did not describe
Australia’s government proposes new powers for AUSTRAC to restrict crypto ATMs Read More »
Heavy institutional selling wipes out 10 billion. USD in market capitalization as leverage settles across derivatives markets. News background XRP endured one of its steepest one-day declines this month, falling 6% from $2.49 to $2.41 between October 14 and 15. The drop followed sustained whale distribution, with 2.23B tokens – worth around $5.5B – moved
Ripple Buildout Near $2.40 Could Precede Sharp Relief Rally Read More »
Paris-based Lise (Lightning Stock Exchange) has become the first company in Europe to be approved to operate a fully tokenized stock exchange, the company said on Thursday. The exchange, which targets the SME IPO market in France, received a DLT TSS license from France’s financial regulator, ACPR, under the EU’s Distributed Ledger Technology Pilot Regime,
France’s Lise wins license to launch Europe’s first tokenized exchange Read More »
