Business

Bitcoin Miner Core Scientific (CORZ) is simply ‘nice to have’: CRWV’s Michael Intrator

Business / Leave a Comment

CoreWeave (CRWV) CEO Michael Intrator told CNBC that the company will not increase its $9 billion stock offering for Bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a necessity.” He said the offer fairly reflected the relative value of the two companies and that CoreWeave would continue as planned even […]

Bitcoin Miner Core Scientific (CORZ) is simply ‘nice to have’: CRWV’s Michael Intrator Read More »

BTC and ETH Prices Fall as Selling Pressure Returns

Business / Leave a Comment

The crypto market succumbed to selling pressure on Tuesday, with bitcoin BTC$108,680.12 and ether ETH$3,883.68 returning from relative safety in an area that could see the two largest cryptocurrencies by market value challenge multi-month lows. BTC is trading at $107,800 while ETH is at $3,867 after rebounding over the weekend then giving back its gains

BTC and ETH Prices Fall as Selling Pressure Returns Read More »

Why is BNB down today? Shakeout reduces support and increases volume in massive sales

Business / Leave a Comment

BNB, the native token of the BNB chain which is also used for Binance fee discounts, fell 3.3% in the last 24 hours from $1,117 to $1,063 before settling just below $1,080. The selling erased recent gains and cut key technical levels, according to CoinDesk Research’s technical analysis data model. Trading volume surged 87% above

Why is BNB down today? Shakeout reduces support and increases volume in massive sales Read More »

BTC Price Falls as Market “Eliminates Excessive Leverage”: Crypto Daybook Americas

Business / Leave a Comment

By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$108,222.79 fell to around $107,000 after spending several days recovering from last week’s selloff that wiped out billions of leveraged positions. The slowdown is now being interpreted by analysts as a market reset rather than a collapse. On-chain data from Glassnode suggests that recent volatility

BTC Price Falls as Market “Eliminates Excessive Leverage”: Crypto Daybook Americas Read More »

BTC Battles Key Technical Levels as Current Momentum Fades

Business / Leave a Comment

Bitcoin continues to struggle during one of its strongest months in history, often referred to as “Uptober”, currently down more than 5% and trading below $108,000 as it approaches several critical support and resistance levels. The 200-day simple moving average (200SMA), a key indicator that often separates bull and bear markets, now stands at $107,846

BTC Battles Key Technical Levels as Current Momentum Fades Read More »

Coinbase buys fundraising startup Echo for $375 million

Business / Leave a Comment

Coinbase (COIN) acquired Echo, a startup focused on on-chain capital formation, for approximately $375 million. Founded by a longtime crypto figure known by his pseudonym Cobie, Echo has helped projects raise more than $200 million in around 300 deals since their launch. The platform allows startups to raise money directly from their communities, either privately

Coinbase buys fundraising startup Echo for $375 million Read More »

US Crypto Coalition Warns Bank Data Fees Could Take Down Stablecoins and Wallets

Business / Leave a Comment

A coalition of U.S. crypto, fintech and retail groups is uniting to defend open banking, warning in a letter that big banks’ attempts to charge for data access could stifle connections between the financial system and digital wallets and stablecoins. Groups including the Blockchain Association, the Crypto Council for Innovation, the National Association of Convenience

US Crypto Coalition Warns Bank Data Fees Could Take Down Stablecoins and Wallets Read More »

Canadian province of British Columbia to permanently ban new cryptocurrency mining projects from the network

Business / Leave a Comment

British Columbia said it plans to permanently ban new cryptocurrency mining operations connected to its power grid, citing the need to protect electricity supplies to industries that generate jobs and government revenue. The move by the government of Canada’s third most populous province is part of a broader legislative and regulatory overhaul unveiled Monday that

Canadian province of British Columbia to permanently ban new cryptocurrency mining projects from the network Read More »

Dogecoin traders eye $0.194 for breakdown or short-covering rally

Business / Leave a Comment

Dogecoin traded heavily over the weekend, falling 3% as institutional desks sold off risks between the majors. Selling built resistance near $0.20 after several failed breakout attempts, while macroeconomic stress keeps traders on the defensive in alternative markets. News context DOGE’s retracement follows a week of volatile cross-asset flows triggered by new headlines over US-China

Dogecoin traders eye $0.194 for breakdown or short-covering rally Read More »

Scroll to Top