As the AI/HPC frenzy continues to sweep through the bitcoin mining industry, markets are rapidly repricing companies that are now focused on the next generation of computing infrastructure. CleanSpark (CLSK) joined the movement on Monday, announcing an evolution of its business model beyond just Bitcoin mining. As part of this strategic pivot, the company has […]
Bitcoin (BTC) Miner CleanSpark (CLSK) Boosts AI Read More »
There is a growing sense that 2025 will be a failure for long-awaited US legislation to establish a fully regulated crypto sector, but negotiations in the Senate can at least regain some momentum, according to the sentiments of those expected to speak with Senate Democrats this week. Crypto executives such as Coinbase CEO Brian Armstrong,
Crypto’s half-finished legislative agenda falters as CEOs hold meeting with Democrats Read More »
The crypto’s late-week rally stalled during Monday’s session in the United States, with investors still fearing further declines. Bitcoin BTC$111,296.88 was trading just above $111,000 Monday evening, up nearly 2% in the past 24 hours but off previous highs. Ether ETH$4,061.94 fell slightly below $4,000, down 0.2% on the day. XRP$2.4675 and chain link LINK$18.87
This summer, Roman Storm, co-founder of popular cryptocurrency mixer Tornado Cash, was convicted in New York federal court of conspiring to operate an unlicensed money transfer business. Prosecutors celebrated Storm’s conviction as a major victory in the fight against crypto money laundering, but the reality is more complicated. For years, regulators have treated mixers like
Centralized Exchanges Remain Criminals’ Favorite Crypto Money Laundering Tool Read More »
Solana Company (HSDT), the digital asset treasury company formerly known as Helius Medical Technologies and backed by Pantera Capital, has made progress in unlocking shares to early investors in its $500 million PIPE round, as the company’s shares trade below the initial purchase price. The shares, sold in a private placement in September for $6.881
HSDT Advances PIPE Stock Unlock Amid 60% Stock Drop Read More »
The governance token of decentralized finance lender Aave AAVE$227.13 emerged as one of the strongest performers throughout the weekend as crypto assets rebounded from Friday’s lows. The token rose more than 10% on Monday to briefly surpass $230, just behind the Oracle network’s native token Chainlink. LINK$6:78 p.m. among members of the CoinDesk 20 Index.
10% rebound on weekends; Grove Increases USDC and RLUSD Liquidity on RWA Protocol Read More »
BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury company led by Fundstrat’s Thomas Lee, has expanded its ether offering ETH$3,956.85 buying streak purchasing over 200,000 tokens, or around $800 million, through last week. After the latest purchase, the company held $13.4 billion in combined assets in crypto, stocks and cash as of Sunday evening,
Bitmine (BMNR) gains on $800 million ETH purchase Read More »
The long-awaited Monad airdrop has the crypto community buzzing, but behind the hype lies an ambitious engineering effort for the blockchain. Ahead of the token’s highly anticipated release and mainnet launch, CoinDesk explored how the team’s reimagined virtual machine, combined with its rapid execution, could allow Monad to compete with some of the fastest Layer
Monad’s fast EVM chain promises ‘night and day’ performance gains Read More »
Blockchain.com, a cryptocurrency exchange and wallet provider, recently held discussions about going public in the United States through a special purpose acquisition company (SPAC) listing, according to two people with knowledge of the matter. The company has appointed Cohen & Company Capital Markets to advise it on a potential SPAC deal, said one of the
Blockchain.com held talks to go public via SPAC deal: sources Read More »
Wall Street broker Benchmark raises its price target on bitcoin BTC$111,254.97 miner Bitdeer Technologies (BTDR) to $38 from $24, implying over 50% upside from current levels. The brokerage said shares still have room to rise despite the stock’s 70% rise over the past two months, including a rise of more than 30% in the past
BTDR Price Target Raised to $38 at Reference Level Read More »
