Bit Digital falls 15% after Bitcoin departure, raises $150m to buy more Ethereum
The crypto mining firm Bit Digital officially marks its departure from Bitcoin mining and towards Ethereum staking by issuing $150m shares in a public offering to buy more ETH. In a recent press release, Bit Digital announced that it will…...
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Across Protocol token plunges amid allegations of $23M misappropriation by team
ACX, the native token of Across Protocol, has dropped sharply following serious allegations of insider self-dealing involving $23 million in decentralized autonomous organization funds. The token is trading at $0.1342, down 10% in the past 24 hours and over 40%…...
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Bakkt files to raise $1B with plans to allocate funds to Bitcoin
Bakkt Holdings Inc. has disclosed plans to raise $1 billion through a mixed securities offering and use the proceeds to fund Bitcoin buys. According to the crypto software firm’s June 26 filing with the U.S. Securities and Exchange Commission, the…...
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Resolv protocol denies token sales amid volatility, buys 1.6M RESOLV
Resolv Protocol has pushed back against speculation of internal token sales, revealing it repurchased 1.6 million RESOLV tokens amid heightened market volatility. In a June 27 statement on X, Tim Shekikhachev, customer success manager at Resolv (RESOLV), said the protocol’s…...
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Miners Are Back: Bitcoin Hashrate Sees Largest 1-Day Surge In Months
Bitcoin’s mining power swung wildly this week. Hashrate dipped to roughly 660 EH/s, the lowest level since the summer of 2024, then surged by over 30% in just one day to climb back above 1000 EH/s. According to mining trackers, these big swings underline how fragile operations can be...
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Will Huge $15 Billion Bitcoin Options Expiry Impact Crypto Markets?
Around 140,000 Bitcoin options contracts will expire on Friday, June 27, and they have a notional value of roughly $15 billion. This event is a big one, being the end of the month and end of the second quarter, so there could be an impact on spot markets. They...
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XRP Slides 5% as Selling Pressure Intensifies Despite Whale Transfers
XRP faced sharp downside pressure over the last 24 hours, falling 5.3% despite large-scale whale activity and easing geopolitical tensions. The asset dipped from $2.21 to a session low of $2.08 before a modest recovery to $2.10. While the broader crypto market attempted to stabilize following ceasefire agreements in...
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Dogecoin Finds Support Around 16 Cents After 6% Drop
Dogecoin is showing early signs of recovery after a steep decline triggered by profit-taking among market participants. The asset dropped nearly 6% over 24 hours but found significant buying interest at $0.158, establishing a short-term support zone as markets digested geopolitical headlines and economic uncertainty. News Background Global markets...
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XRP, Solana Lead Profit-Taking Among Crypto Majors Even as Bullish Mood Persists
Bitcoin BTC traded around $107,000 on Friday as crypto markets took a breather, with investors booking profits in majors like XRP XRP and Solana’s SOL SOL despite strong macro tailwinds. XRP dropped over 4% to reverse gains from earlier in the week, while Solana slid 3% to retest the...
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Ethereum set for rally as it holds above crucial $2.4K price: Analyst
Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400....
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