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Morgan Stanley backs Cipher (CIFR) and TeraWulf (WULF), but is cool on Marathon (MARA)

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Morgan Stanley initiated coverage of three publicly traded bitcoins BTC$70,411.45 mining companies on Monday, backing two names tied to data center leasing while taking a more cautious stance toward a miner focused on bitcoin exposure. Analyst Stephen Byrd and his team began covering Cipher Mining (CIFR) and TeraWulf (WULF) with overweight ratings and set price […]

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MegaETH Launches Mainnet as Ethereum Scaling Debate Intensifies

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MegaETH, a high-performance blockchain designed to make Ethereum applications nearly instantaneous, launched its public mainnet on Monday, entering an ecosystem mired in a fundamental debate over how Ethereum should evolve. The project, which billed itself as a Layer 2 “real-time blockchain” targeting over 100,000 transactions per second (tps), would make on-chain interactions closer to traditional

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Tom Lee’s Bitmine (BMNR) Adds to ETH Stack After Price Drop, Now Holds 3.6% of Total Ethereum (ETH) Supply

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Bitmine Immersion Technologies (BMNR) added to its ether ETH$2,034.15 holdings amid last week’s crypto crash, growing its stack to more than 4.3 million tokens worth around $8.7 billion at the current price just above $2,000. Led by its president Tom Lee, the company, which is the largest holder of ETH in the world, purchased an

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Bitcoin value investors move in as BTC price drops and ‘capitulation’ searches increase: Crypto Daybook Americas

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By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$68,413.62 fell nearly 2.5% in the past 24 hours after failing to hold on to gains made during a weekend rebound that sent it back up to $71,000. The pullback follows a turbulent few days in which the cryptocurrency plunged as low as $60,000 before

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Crypto.com founder Kris Marszalek buys ai.com domain name for record $70 million: FT

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Kris Marszalek, founder and CEO of crypto exchange Crypto.com, spent $70 million to buy ai.com, the highest price made public for a website domain, the FT reported. The acquisition marks the executive’s move into artificial intelligence, a sector that will reach nearly $1.5 trillion in global spending by 2025, according to Gartner. That momentum will

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Bitcoin (BTC), Top Coins Fall as Traders Position to Protect Against Downside: Crypto Markets Today

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Crypto markets opened the week under pressure, extending losses after a volatile weekend as bitcoin BTC$68,918.69 showed tentative signs of stabilizing below $70,000. Even though the largest cryptocurrency has fallen more than 2.8% in the past 24 hours, it remains well below its recent low of around $60,000. Still, it has struggled to regain momentum

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