Analysts from H.C. Wainwright claim that Riot’s acquisition of Block Mining is a great move for the company and its hash rate. Riot Platforms, Inc. has significantly enhanced its growth and operational capacity by acquiring Kentucky-based Block Mining, Inc. for $92.5 million. The acquisition consists of $18.5 million in cash and $74 million in Riot
Tether issued $1 billion in new USDT tokens on the Tron blockchain as stablecoins’ total market cap grew. Payments giant Tether minted its latest Tron USDT inventory on July 24, as noted by Arkham. The firm paid nothing in transaction fees, and such a move is typically regarded as bullish. The new USDT on Tron came
MonoSwap, a yield farming protocol, has suffered a significant hack after a fake venture capitalist installed malware on a developer’s tech. The yield-driven decentralized exchange urged users not to add liquidity or stake in its pools until further notice. Those with staked funds should withdraw immediately to avoid potential losses. 🚨 ALERT: MonoSwap has been
Following Kraken’s Mt. Gox distribution, Bitstamp has announced readiness to reimburse creditors of the defunct Bitcoin exchange. Crypto exchange Bitstamp confirmed receiving Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH) from the Mt. Gox Truste intended to make hack victims whole again. Bitstamp reportedly informed users that disbursements could start on Thursday, July 25. The platform
Key Points: The new US Spot Ethereum ETF launches trading with a massive starting asset of nearly $10.3 billion. Most of the ETF’s initial funding comes from ETHE’s assets, highlighting strong investor confidence. Bloomberg’s James Seyffart notes the impressive asset level, reflecting the high demand for Ethereum investment. Bloomberg ETF analyst James Seyffart recently shared
U.S. regulators have given final approval for spot exchange-traded funds that hold Ethereum’s ether (ETH), giving Americans access to a second major cryptocurrency via the easy-to-trade vehicles. The decision caps a years-long process to get ether ETFs approved by the Securities and Exchange Commission and follows the regulator’s approval of bitcoin (BTC) ETFs in January.
Spot Ethereum exchange-traded funds (ETFs) are set to launch on July 23rd, and the initial inflows to these products might affect the crypto price, according to a report by Kaiko. Following SEC approval of exchange rule changes for these funds, ETF issuers have finalized details with the SEC, including fee structures revealed in recent S-1
WadzPay (WTK) announced two tier-1 listings in the month of July. WTK volume fell steadily over the last few weeks only to jump by almost 150% in one day. The sentiment for a bullish tier-1 listing launch is now greater than ever. Altcoins prepare for a massive bullish surge following the success of the ETH
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion commodities / gold Gold is delivering returns like a risk asset, but its traditional appeal remains intact â BMO Global Asset Management By Ernest Hoffman Published:
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion cryptocurrencies / bitcoin Crypto market plunges despite Ethereum ETF launch, Bitcoin falls to $65,500 By Jordan Finneseth Published: Jul 23, 2024 – 8:38 PM