Coinbase announced on Tuesday its intention to raise $1 billion through a convertible bond offering available exclusively to qualified institutional buyers. The company intends to use the proceeds from this offering for various corporate purposes, including debt repayment and general operational expenses. Debt Repayment and Strategic Hedging The notes, maturing on April 1, 2030, will...Read More
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has announced another senior note offering for $500 million, with which proceeds will be used to purchase even more Bitcoin. At current prices, the next purchase is expected to take the company’s holdings beyond 210,000 coins – over 1% of the entire Bitcoin supply that will...Read More
Market dynamics are often shaped by the rise and fall of industry giants and a new wave of excitement is sweeping across the digital frontier. As Ethereum (ETH) leads a monumental rally, its influence reverberates throughout the market, affecting not only established tokens like Shiba Inu (SHIB) and Solana (SOL) but also up-and-coming projects like...Read More
In a recent development in the continuing legal situation involving Changpeng Zhao, the ex-CEO of Binance, the United States has instructed him to surrender all his active or expired passports to a designated third party. This directive was revealed in a legal filing submitted on March 12, changing Zhao’s bond conditions for release. Travel Restrictions...Read More
[PRESS RELEASE – Road Town, British Virgin Islands, March 13th, 2024] Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the industry’s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing...Read More
Bitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. “I am no longer surprised at the size of the inflows into the Bitcoin ETFs,” Hougan wrote to X on Wednesday, noting high demand among...Read More
The future is not assured until it has passed, but successful cryptocurrency investors have relied on how powerful the recurring patterns are in these historical trends. Here are 12 Bitcoin halving cycle protips from crypto influencers on X, the social media website formerly known as Twitter. 1. It’s Still Early On This Halving Cycle Like...Read More
Following the deployment of the Dencun upgrade at 1:55 PM UTC today, the Ethereum market encountered resistance in sustaining its position around the $4,100 mark, triggering a selling wave. Consequently, the price of Ethereum dipped beneath Fibonacci retracement levels, losing the key milestone of $4,000. Presently, market sentiment for Ethereum is shifting towards a bearish...Read More
[PRESS RELEASE – London, UK, March 13th, 2024] SatoshiDEX is launching the First ever DEX that works on the Bitcoin network. SatoshiDEX quickly reached $2.5 million in just a few days. The community is rapidly expanding, and it’s evident that the Bitcoin narrative is incredibly strong and has the potential to reach a market cap...Read More
The long-anticipated Dencun upgrade finally went live on the Ethereum mainnet Wednesday morning at around 9:55 am ET. Dencun’s core revolves around EIP 4844, often called “proto-danksharding,” which seeks to enhance blockchain scalability by expanding the capacity for data “blobs.” These modifications are anticipated to lower costs associated with layer 2 rollups as well. According...Read More
[PRESS RELEASE – Madrid, Spain, March 13th, 2024] Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company`s native token, $HAI – a work-to-earn, product-utility, and governance token. It allows existing or new $HAI holders to exchange their assets for Hacken Equity Shares ($HES). This move makes Hacken the first...Read More
[PRESS RELEASE – Miami, FL, March 13th, 2024] Now on Coinbase’s Layer-2 Base, PropyKeys aims to democratize real estate investing by enabling users to mint addresses and deeds onchain PropyKeys, a standout project within the Propy ecosystem known for its blockchain-powered real estate solutions, today announced the public launch of their innovative decentralized application (dApp)...Read More
Spot Bitcoin ETFs saw a remarkable surge in net inflow on March 12, totaling $1.05 billion. This marks a new high for daily net inflow since the ETFs’ inception, demonstrating a massive 56% rise from the $673 million net inflow recorded on February 28. The new milestone comes as Bitcoin bulls captured another all-time high...Read More
[PRESS RELEASE – London, United Kingdom, March 13th, 2024] Bitcoin Dogs has now raised a spectacular total of $10.6 million as it nears the final 48 hours of its presale, after which the 0DOG tokens will become available for public trading. The ICO, the first-ever for a token built on the Bitcoin blockchain, began on...Read More
The price of Bitcoin (BTC) has reached new all-time highs much faster than analysts had expected. A substantial upswing kicked off a few weeks after the approval of the Bitcoin Spot ETF. BTC started the week with an intense burst of volatility, as it topped $73K, tumbled to $69K, and then climbed its way back...Read More
The firm submitted the application to the US Securities and Exchange Commission on March 12. The Grayscale Bitcoin Mini Trust is expected to have a competitive fee and will come from a spinoff from GBTC commented ETF analyst James Seyffart. He added that GBTC holders will get some percentage of their holdings spun off into...Read More
In a recent thread on X, CryptoQuant founder Ki Young Ju raised concerns about the continuous influx of capital into spot Bitcoin ETFs, warning of a potential sell-side liquidity crisis within six months if the trend persists. Ju’s remarks come amidst a surge in spot Bitcoin ETF inflows, surpassing the $10 billion inflow mark for...Read More
