MARA, Holder of Nearly $6B BTC, Raises $950M to Buy More Bitcoin
Bitcoin mining company MARA Holdings (MARA) has completed a $950 million offering of 0.00% convertible senior notes due 2032, with the majority of proceeds earmarked to purchase additional bitcoin. The offering, which could expand to $1.15 billion if underwriters exercise their option in full, MARA announced on Monday. Net...
Read More
BitMine Immersion Sets Up to $1B Buyback as Share Price Cools
Ether treasury firm BitMine Immersion Technologies (BMNR) has said it will repurchase up to $1 billion of its outstanding shares as part of a new open-ended buyback program approved by its board. The move comes as BitMine’s crypto and cash holdings have ballooned to $2.77 billion, including 625,000 ETH...
Read More
Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan
Coinbase’s (COIN) partnership with Circle (CRCL) and exposure to Circle’s USDC stablecoin is generating significant financial upside, both through equity appreciation and high-margin revenue streams, according to a new report from Wall Street bank JPMorgan. The total value of Circle-related economics to Coinbase shareholders is estimated at $55 to...
Read More
ECB Says U.S.-Backed Stablecoin Use in EU Could Weaken Its Monetary Autonomy
Widespread use of U.S. dollar-denominated stablecoins in the European Union (EU) for payments or settlement could damage the European Central Bank’s control over monetary conditions, an ECB adviser said. If U.S.-backed stablecoins, digital assets that are backed by the dollar, gain traction for use in the EU, the effect...
Read More
Corporations have acquired 1% of Ether supply: Standard Chartered
Corporations have accumulated 1% of all Ether since June, with Standard Chartered forecasting 10% ownership as institutional appetite for ETH continues to grow....
Read More
Take Note XRP Traders: This Leveraged ETF Is ‘Designed To Be Traded Each Day’
Sal Gilbertie, President of Teucrium Trading on Monday outlined the growing momentum behind cryptocurrency ETFs, especially those beyond Bitcoin (CRYPTO: BTC). What Happened: Speaking with CNBC, Gilbertie emphasized that regulatory openness and surging investor interest are accelerating the arrival of new, specialized crypto funds. With regards to the success...
Read More
Can Gemini Predict the Best Altcoins to Buy? We Put It to the Test Against Top Analysts
With the altcoin market heating up, thanks to rising prices of heavyweights like Bitcoin, XRP, and Solana, retail investors are once again on the hunt for the next big altcoin. One tool that’s quickly gaining popularity is Gemini, Google’s AI assistant. Thanks to its proximity to Google’s vast index,...
Read More
APT Miner: A digital asset safe haven under the wave of compliance
With the GENIUS Act now in effect, compliant and stable platforms like APT Miner are becoming the future of crypto income. #sponsored...
Read More
Trump-backed World Liberty Financial pumps ETH stack to $296 million
World Liberty Financial (WLFI), the Donald Trump-backed DeFi firm, has picked up another batch of ETH, extending its buying spree as prices push higher. According to data shared by Lookonchain on July 29, WLFI has purchased an additional 256.75 Ethereum…...
Read More
Bitmain to launch first U.S. Bitcoin mining chip factory by 2026: Bloomberg
Bitmain plans to open its first U.S.-based manufacturing facility by early 2026 and set up a new headquarters in either Texas or Florida later this year. Bitmain, the world’s leading manufacturer of Bitcoin (BTC) mining ASIC chips, plans to launch…...
Read More