A newly incorporated Nevada company says it will go public and build what it calls a large, publicly traded xrp box through a merger with a blank check company. Evernorth Holdings revealed the plan in a press release on Monday, saying it signed a business combination agreement with Armada Acquisition Corp II (AACI). If the […]
Ripple and Kraken Back SPAC Aims to Build $1B Public XRP Treasury Read More »
Whale.io introduces the Crock Dentist Game and exclusive RWA NFT Collection
Whale.io introduces the Crock Dentist Game and exclusive RWA NFT Collection Read More »
Bitcoin BTC$110,885.04 mining profitability fell more than 7% in September as the price of the world’s largest cryptocurrency fell 2%, while the network’s hash rate jumped about 9%, according to investment bank Jefferies. While the network’s hash rate has slowed somewhat this month, the sharp drop in the bitcoin price has intensified pressure on miners’
Bitcoin (BTC) Mining Earnings Fall More Than 7% In September: Jefferies Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. CoinDesk 20 is currently trading at 3691.75, up 5.4% (+190.65) since 16 ET Friday. All 20 assets are trading higher. Leaders: LINK (+16.6%) and AAVE (+13.7%). Laggards: AVAX (+3.7%) and BCH (+3.7%). The CoinDesk 20 is
Chainlink (LINK) rises 16.6%, leading index higher Read More »
Strategy (MSTR), the largest publicly traded bitcoin holder, bought 168 BTC at an average price of $112,051, according to a filing on Monday. The company financed the acquisition by raising $18.8 million through the issuance of various perpetual preferred stock and common stock. This latest purchase brings MSTR’s total bitcoin holdings to 640,418 BTC ($71
Strategy (MSTR) Expands Bitcoin Holdings to 640,418 BTC with Latest Buys Read More »
Strategy Executive Chair Michael Saylor said in a recent podcast that his favorite perpetual stock, STRD, is being overlooked by investors because it trades like a junior security, as opposed to STRF, which is a senior instrument. STRD’s junior status has caused it to receive less attention despite its higher potential returns, Saylor said. In
By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$110,771.86 and the broader crypto market recovered over the weekend, providing a brief reprieve after sticky selling pressure kept cryptocurrency prices down in the wake of a $500 billion value-destroying event. The price of bitcoin rose 3% in the past 24 hours to $110,770. That’s
Chainlink’s native token, LINK, surged 13.6% over 24 hours on Monday as it led the way for a broader crypto recovery following last week’s leverage-inspired move to the downside. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, added 4.2% in the same period. On-chain analyst Lookonchain reported that 30 new wallets
Token rises 14% as whales raise $116m tokens up Read More »
The spotlight is firmly on the crypto market during the week following a spurt of liquidations between October 10 and October 17, with BTC and ETH trading well below their respective early October highs. Despite market uncertainty, there are a number of catalysts afoot, with ETHZilla Corporation ( ETHZ ) implementing a 1-for-10 reverse stock
Crypto traders look to big events to ease market woes: Crypto week ahead Read More »
The rally in major cryptocurrencies gained momentum on Monday as Japanese stocks rose to record highs and China’s third-quarter gross domestic product (GDP) data beat estimates. Bitcoin BTC$111,196.16 topped $111,000, rising 3.7% in 24 hours after hitting a low of $103,602 last week, according to CoinDesk data. The broader market took cues from BTC, as
Bitcoin Jumps Above $111K, XRP, Solana, Ether Rally As Nikkei Hits Record High Read More »
