Riot Platforms To Raise $525 Million Via Private Convertible Debt To Purchase Bitcoins
On Tuesday, Bitcoin mining company Riot Platforms, Inc (NASDAQ:RIOT) priced its upsized private offering of $525 million 0.75% convertible senior notes due 2030. Riot also granted the notes’ initial purchasers an option to purchase up to an additional $75 million in aggregate principal amount of the notes. The offering was upsized from $500...
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Michael Saylor Urges US To Ditch Gold For Bitcoin: ‘Sell The Past, Own The Future’
Michael Saylor, co-founder and executive chairman of MicroStrategy (NASDAQ:MSTR), has called for a dramatic shift in U.S. economic strategy, urging the country to abandon gold as a reserve asset in favor of Bitcoin (CRYPTO: BTC). What Happened: Speaking on a yet-to-be-released episode of the Galaxy Brains podcast, Saylor labeled...
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Is Bitcoin At Risk? What Google’s New Quantum Chip Means
On December 9, Google’s CEO Sundar Pichai revealed “Willow,” a quantum computing chip that he claims represents a pivotal milestone in the quest for scalable quantum systems —raising immediate questions about its implications for Bitcoin’s long-term cryptographic security. While quantum computing has long promised breakthroughs, Willow’s reported ability to...
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Bitdeer Technologies Group (NASDAQ: BTDR) Overcame Short-Term Challenges In Q3, Setting Its Sights On The Long Game
With the Bitcoin price setting a fresh all-time high over $100,000, BTC miners are once again in the spotlight. Meanwhile, market prognosticators suggest that the crypto rally has only just begun, with predictions for the Bitcoin price reaching $200,000 already adding to the momentum. One company that may be...
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Shiba Inu, Pepe Or Bonk? Ranking Reddit’s Most Popular Meme Coins
Retail investors are flocking to memecoins, with Reddit data revealing PEPE (CRYPTO: PEPE) as the current frontrunner in capturing retail mindshare, according to a recent analysis of cryptocurrency subreddit growth trends. What Happened: The analysis, shared in a detailed thread on X on Dec. 5, highlights the importance of...
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What Crypto Reform Under Trump Looks Like, Retail Can Leverage PEPU & WEPE 151% Staking to Become Crypto Whales
Speaking to CNBC’s Dan Murphy yesterday, Eric Trump (Donald Trump’s second son) announced there’ll be clearer US crypto regulations: ‘Hopefully, the rest of the world follows.’ He conveyed his opinions in conjunction with Hester Pierce (US SEC Commissioner), who recently outlined three significant points that the SEC’s new leadership...
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Dogecoin, WIF and other memecoins crash hardest amid $1.7B crypto liquidations
Memecoins underperform the wider crypto market after double-digit daily losses surpass the sell-off in BTC and ETH....
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Google Quantum Chip Has Experts Worried Over Crypto Security, Best Wallet Security Is the Way Forward
Yesterday, Google introduced Willow – a quantum computing chip that takes minutes to make calculations the fastest supercomputers would spend a septillion years on. This is a big deal, but it isn’t the first quantum chip. IBM, Intel, and Google released chips years ago. What makes Willow unique is...
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EXCLUSIVE: Bitcoin To End The Year Above $100,000? ‘Bulls Failed Again’ At This Key Level, Experts Say
Bitcoin (CRYPTO: BTC) faces mounting pressure to hold above the critical $100,000 mark, with market participants divided over whether the cryptocurrency will sustain its momentum or retreat further before year-end. Following a sharp liquidation cascade, where over $1.58 billion was wiped out, Bitcoin is currently trading at $97,620, down...
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Eric Trump Promises New US Crypto Regulations ‘The World Will Follow’
Speaking to CNBC’s Dan Murphy yesterday, Eric Trump (Donald Trump’s second son) announced the US crypto sector will soon have clearer regulations that “hopefully the rest of the world follows.” He conveyed his opinions in conjunction with Hester Pierce (US SEC Commissioner), who reportedly outlined three significant points that...
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