Shares of crypto miner Core Scientific (CORZ) soared more than 25% this week. This increase occurs amid the backdrop of reenergized speculation over a possible acquisition by fellow startup CoreWeave. The resumed talks mark a potentially significant new chapter for both companies. Combined, they have the power to radically change...
With all of this, Pi Network marked Pi2Day with much pomp – AI-powered app development and staking to boost ecosystem visibility. Sounds slick, right? Then the price dips nearly 4%. The real question isn’t so much why, but rather, is this a buying opportunity, or a blinking red warning light?...
In short, bitcoin miners are betting big on the future of the cryptocurrency. They are not dumping their assets, even when prices cross the $100k mark. This new behavior suggests a departure from the normal market reaction, wherein price rises would usually encourage more sell pressure as miners cash in.Miners...
The market's reaction was swift and brutal: a 15% drop in Bit Digital's (BTBT) stock price after announcing their strategic pivot from Bitcoin mining to Ethereum staking. Ouch. Wherever there is opportunity, there could be very high gut reaction is no surprise, trepidation. Are they brilliant thinkers or just wagering...
$34 million a day. That’s the cold hard truth that Bitcoin miners are dealing with at this moment. A year low. Headlines are screaming, and rightfully so. So let’s not pull a chicken little and declare Bitcoin dead just yet. Enough with the fluffy creativity, it’s time to get real.Miner...
In June, Bit Digital, a New York-based digital asset company, announced its intent to transition its overall business strategy to focus primarily on Ethereum mining. The firm has recently announced the pricing of an upsized underwritten public offering. They will sell 75 million shares at $2 per share, raising a...
Core Scientific shares are skyrocketing today after the news that takeover talks with CoreWeave have reportedly been revived. This announcement follows Core Scientific’s record-breaking first quarter earnings, where net income more than tripled to $580 million. The historic acquisition—which would be the first of its kind in the state—could be...
Core Scientific's stock is popping, and while some might shout "Bitcoin's back, baby!" I see something far more profound: a quiet, yet seismic, shift towards the dominance of artificial intelligence. CoreWeave’s speculative acquisition of Core Scientific is more than just an asset shuffle. This is a small move, indeed, but...
As a result, Bit Digital’s share price fell by 3.83% after the market close, ending the after-hours trade at $2.26. This change came on the heels of the company’s recent purchase of an industrial building in Madison, North Carolina, for $53 million. During this time, SharpLink Gaming has established itself...
Bit Digital’s choice to abandon Bitcoin and fully commit to Ethereum staking has reverberated throughout the crypto landscape. The market's reaction? A swift kick to their stock price. But aside from the short-term pain… What does this strategic U-turn truly signify for investors such as you and I? Let's dissect...
Okay, let's be real. You've probably heard the buzz: Ethereum's on the rise. This isn't just another pump-and-dump story. We’re not just talking about a change, we’re talking about a large fundamental shift, a tectonic plate movement in the financial landscape. Put aside all the fancy charts and graphs for...
Okay, let's talk crypto. You've seen the headlines: Solana ETF launched, but...crickets? The hard underperformance in relation to Ethereum is raising a lot of eyebrows. Truthfully, it ought to enrage you. Is the SEC slightly, or perhaps less so, shading Solana, while golden-childing Ethereum? It sure feels that way.SEC's Stance:...
Robinhood’s taking a similar plunge into Ethereum—with their own Ethereum Layer-2 network. Institutional investors are pouring billions into ETH. Almost a third of all Ether is currently locked, creating a potential supply squeeze as we described here. So it’s all rosy futures and unicorns for the Boomer generation, yeah? Maybe....
We're told staking is the future. A future of trustless banking, enhanced privacy, and generating crypto yield. How do we know this utopian dream isn’t just a very well masked desert mirage twinkling in the distance? I think it's time we acknowledge the elephant in the digital room: staking, as...
Okay, let's be real. Almost everyone assumed Solana would moon after the ETF launch. I mean, a Solana ETF! It makes this clunking sound, like a rocket ship poised for lift-off. Thus far, the story the numbers are telling is the exact opposite. Ethereum is still king. Why? Here’s my...
Forget boring bank accounts! Staking crypto is on the verge of blowing up and you’ll want to be in place to win big when it does. Think of it like this: your crypto is throwing a party, and you get paid to attend. It’s no longer enough to simply HODL—the...
Okay, let's talk Polkadot. We've all seen the carnage. 70% down from the November high? Ouch. Before you toss your DOT into the digital void, let’s break down what’s going on. Cut through the BS and let's talk real, with a little bit of hopium on the side.Double Bottom: Salvation...
Okay, let's be real. Watching Polkadot (DOT) crash hard recently has been… uncomfortable. Down 70% from its November high? Ouch. Trust me, I get the anxiety. You’re most likely witnessing this FUD roll out like crepe paper on Halloween, the howls of “Polkadot is dead!” reverberating around Crypto Twitter. But...