Rumble explores all-stock acquisition of Tether-backed Northern Data
Video-sharing platform Rumble is considering an all-stock acquisition of Tether-backed AI and data center operator Northern Data. Rumble has reportedly informed Northern Data of its interest in pursuing the acquisition, according to an Aug. 10 press release from the company. …...
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ZORA price surges over 55% supported by whale accumulation, but risks remain
ZORA crypto soared to a new all-time high on Aug. 11 as whale interest surged, but looming signs suggest the rally could run out of steam soon. According to data from crypto.news, Zora (ZORA) rallied to an all-time high of…...
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Aerodrome AERO Surges To a 6-Month High: What’s Driving Growth?
AERO, the native token powering Aerodrome, the DEX on Base, is trading at a six-month high. At press time, AERO crypto is changing hands at $1.12 as its market cap inches closer to the coveted $1 billion market cap, looking at Coingecko data. With AERO2 (No data) flying, the...
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Can BNB Catch Up With Ethereum? Changpeng Zhao Seeks Presidential Pardon From Trump
BNB crypto is inching closer to $1,000, rising steadily alongside Ethereum, which is trading above $4,300. Currently, BNB USD is a top performer, securing its position in the top 10 most valuable cryptos. According to Coingecko, BNB ranks fifth, trailing XRP and USDT. BNB has surged nearly 10% in...
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Is Helium Crypto Finished: Drone Based Decentralized Telecom Could Kill DEPIN Project
A new partnership between World Mobile and Indonesian telecom giant Protelindo is taking 5G to the skies, and it looks as though this could be the Helium crypto killer in a massive DEPIN shake up. Branded as World Mobile Stratospheric, the program will use hydrogen-powered drones to deploy blockchain-integrated...
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Bye Bye Bo Hines: Is The White House Crypto Crusade Over?
Bo Hines is out as head of the White House Crypto Council. The former college football player and North Carolina congressional candidate announced Saturday that he will leave government service to return to the private sector. Brought in late last year, Hines became a public point man for the...
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Bitcoin Is Not The ‘Scrappy Underdog’ Anymore And You Can’t Expect It To 10x Every 4 Years Forever, Says Analyst
Bitcoin’s (CRYPTO: BTC) four-year growth cycle, historically used by traders to time market peaks and corrections, continues to follow a trend of diminishing returns. Bitcoin Slows Since April 2024 Halving The first halving cycle saw extreme appreciation, with the price exploding over 5000%, as shown below. The gains have...
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Corporate America’s Recession Fears Plummet Despite the Highest Average Tariff Rate Since 1910
Corporate America’s fears of a looming economic recession have evaporated as quickly as they emerged early this year. The number of S&P 500 companies that mentioned the word “recession” during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to...
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$200M Whale Purchases Propel DOGE 3% Higher in Breakout Session
Technical Analysis Overview DOGE gains 3% in the 24-hour period ending August 11, rallying from $0.23 to $0.24 between August 10 05:00 and August 11 04:00. The most aggressive move comes in the 01:00-02:00 hour on August 11, when price jumps from $0.23 to $0.24 on 829.05 million volume...
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LayerZero Proposes $110M Stargate Token Merger in Consolidation Play
The LayerZero Foundation has proposed acquiring the closely-related Stargate (STG) and merging its token economy into the LayerZero (ZRO) ecosystem, a move that would consolidate the two protocols’ cross-chain infrastructure under a single asset. Stargate Finance was developed by the same team that created the LayerZero protocol, and the...
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