Has the PIPE model failed for bitcoin tax companies? The collapse in the share prices of two notable recently completed deals – KindlyMD (NAKA) and Strive (ASST) suggests as much. A PIPE, or Private Investment in Public Equity, is a financing mechanism where institutional investors buy shares directly from a listed company at a predetermined […]
Bitcoin (BTC) Treasury Analysis: Doubt on SPACs Read More »
The crypto market saw another grueling sell-off on Thursday, with several altcoins facing double-digit moves to the downside, while BTC and ETH began to challenge critical levels of support. The move appears to be a continuation of the weekend’s $500 billion carnage, with traders now acting more cautiously to avoid another potential liquidation cascade. Derivative
Bearish October continues as Altcoins dealt a hammer blow Read More »
Stellar Lumens (XLM) saw pronounced volatility during the 23-hour trading session ended October 16th, moving within a 5% range between $0.32 and $0.33. After early weakness, institutional buying helped the token rally towards midday, with volumes signaling renewed corporate participation. Momentum faded late in the session as XLM fell from $0.33 to just below $0.32
Stellar slips late as volatility returns despite institutional milestone Read More »
HBAR endured a volatile 24-hour stretch as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell on corporate earnings before rising sharply in the morning hours of October 16, when corporate trading volume rose to over 129 million. Despite this recovery, the momentum proved short-lived. A sharp reversal
HBAR faces sharp bearish reversal after volatile 24-hour trading window Read More »
The Bitcoin network’s hash rate fell modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan ( JPM ) said in a report Thursday. The pullback in the hash rate follows the successive record highs seen in August and September. American
Ripple, the blockchain company closely linked to the XRP Ledger (XRP) network, is buying treasury software provider GTreasury for $1 billion, pushing deeper into corporate finance. GTreasury’s treasury platform, used by Fortune 500 companies to manage cash, currency and risk, will become part of Ripple’s expanding suite of financial tools, the firm told CoinDesk on
Enters Corporate Treasury Business with $1B Acquisition of GTreasury Read More »
Lombard and Story Partner to Revolutionize the Creator Economy via Bitcoin-Backed Infrastructure
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 »
