Quick Take Marathon Digital Holdings Inc. (MARA), the largest Bitcoin mining company in terms of market cap, is set to join the S&P SmallCap 600 index, effective before the opening of trading on May 8. The news, announced on May 3, sent Marathon’s share price soaring 18% on May 6. Marathon will replace Aaon Inc. …
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Binance CEO Richard Teng has called for the release of Tigran Gambaryan, the exchange’s detained executive in Nigeria. In an extensive May 7 blog post, Teng said Gambaryan’s detention was unjust and set a dangerous precedent. He said: “To invite a company’s mid-level employees for collaborative policy meetings, only to detain them, has set a …
According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows, with Grayscale’s Bitcoin Trust (GBTC) also marking its second consecutive day of inflows. US Spot Bitcoin ETFs …
Crypto investors can’t seem to get enough of AI and meme coins lately – and WienerAI (WAI) is delivering a double dose of both. This new project, which combines artificial intelligence with dog memes, has already raised over $1 million in its initial coin offering (ICO) and caught the attention of prominent analysts in the …
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According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval but has since plummeted by 91% over the last three months. …
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PRESS RELEASE. Victoria, Seychelles, May 7th, 2024 – CREAT’OR (Crypto Related Equity And Token Operational Resources) has officially launched its highly anticipated Initial Coin Offering (ICO), currently in the BETA Stage, offering an incredible 85% discount on its CRET Token. This is a remarkable event in the company’s journey towards upgrading the Equity Crowdfunding industry …
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers can utilize digital assets and the associated technology. Leveraging …
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PRESS RELEASE. Dover, Delaware, USA, May 7th, 2024 – KonnektVPN is a company that is going to modify the VPN industry, offering a pivotal shift from conventional VPN models. The inception of KonnektVPN signifies a bold departure from traditional approaches, prioritizing user privacy, security, and personalized experiences through the integration of cutting-edge artificial intelligence (AI) …
The share price of Michael Saylor’s MicroStrategy may rise ”meaningfully higher” by the end of this year due to greater institutional adoption of Bitcoin ETFs […] Go to Source
Former NFL star Tom Brady was roasted during a Netflix stream for promoting the FTX cryptocurrency exchange before it collapsed. “The Roast of Tom Brady” […] Go to Source
The Securities and Exchange Commission (SEC) filed a Wells Notice against Robinhood’s crypto arm on May 6, indicating its intention to take enforcement action against […] Go to Source
A popular crypto trader says he’s long-term bullish on an artificial intelligence (AI)-related altcoin even though its chart is flashing some potential warning signs. The pseudonymous crypto analyst known as Altcoin Sherpa tells his 215,900 followers on the social media platform X that Render (RNDR) is his top AI pick for this market cycle. “Going …
A crypto whale is being noticed for suddenly moving tens of millions of dollars in Bitcoin (BTC) from a long-dormant wallet. According to blockchain tracking firm Lookonchain, the deep-pocketed crypto investor completely emptied their wallet that had contained 687.33 Bitcoin for more than a decade. “A wallet that has been dormant for 10.3 years transferred …
David Hunter, the chief macro strategist at Contrarian Macro Advisors, thinks the stock market could be on the verge of a “historic” rally. In a new interview with journalist David Lin, Hunter outlines the catalysts he thinks will drive a jump in equities prices. “Part of the melt-up will be lower rates. I think we …
The United States Securities and Exchange Commission (SEC) has once again delayed its decision on Invesco Galaxy’s application for a spot Ether exchange-traded fund (ETF). In a filing on May 6, the SEC announced that it would require an additional 60 days to decide whether to approve or disapprove the proposed ETF, setting the next …
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