Bitcoin miners have been struggling this year as the price of bitcoin has dropped by about 60% and energy prices soar across the world. Despite these headwinds, some of them are back on the market to raise capital needed to fund their development. Earlier on Friday, miner Iris Energy (IREN) announced a deal with investment bank B. Riley to sell up to $100 million of equity. Source 250MBitcoinCipherMinerSellStock CryptoX Portal
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “95% BTC Drop Coming In Next!” | Gareth Soloway Bitcoin Prediction In this video, Gareth Soloway will do a new Bitcoin price prediction that can make you rich, if you take action when it happens. Chief Market Strategist, and CFO of www.InTheMoneyStocks.com, Gareth Soloway has been a trader for over 20 years and is now an expert on charts and new predictions. In the Crypto Market space, is really important to know when you should buy or sell your crypto like Bitcoin…
“With a diversified product suite, exceptional crypto talent, and one of the largest user bases in Canada, the combined company will be well-positioned to pursue its aggressive expansion plans,” CoinSmart CEO Justin Hartzman said in the statement. “While the crypto market is in the building phase of its life cycle, this transaction will provide the torque needed to be in a favorable position entering the next bull run.” Source
But the new Ethereum-based token from Eurion is not trying to give investors an ownership stake in Swiss chalets or city skyscrapers, as previous crypto real estate efforts have pursued. Instead, it will approach a simpler, less regulatory complex use case: influence. Source
Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. Cronos was also a notable mover today, climbing by nearly 15%. XRP was higher for a second consecutive session on Friday, as the token moved to a fresh four-month high. Following a low of $0.3398 to start the week, XRP/USD rose to an intraday peak of $0.5523 earlier today. As…
Chain, a blockchain infrastructure firm that offers developers Web3 services to build and maintain blockchain-based applications, will sponsor the New England Patriots football team as well as other venues and sporting clubs controlled by the Kraft Group. In a Thursday announcement, Chain said it will be the official blockchain and Web3 sponsor of the Patriots, the New England Revolution soccer club, Gillette Stadium in Massachusetts and the shopping center Patriot Place as part of a multi-year partnership deal with Kraft Sports + Entertainment, the marketing and events division of the…
“Si los mineros acumularon Ethereum con un beneficio o necesitan pagar su cuenta de electricidad, estarían incentivados a vender ese beneficio, especialmente con el aumento esperado y real de la volatilidad”, comentó Alexandre Lores, director de investigación de mercado blockchain de la firma Quantum Economics. Source
“Given the increasing prevalence of digital assets, the Department of Defense and other federal agencies need to have better tools to understand how digital assets operate and how to leverage their jurisdictional authority over digital asset markets globally,” Adam Zarazinski, CEO of Inca, said. Source
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Canada’s crypto exchange landscape appears to be consolidating after Coinsquare, one of the largest digital asset trading platforms in the country, acquired CoinSmart for an undisclosed amount. On Thursday, Coinsquare announced that it had entered into a definitive agreement to purchase all issued and outstanding shares of CoinSmart’s wholly-owned subsidiary Simply Digital. Once the deal becomes final, CoinSmart will hold a roughly 12% ownership stake in Coinsquare on a pro-forma basis. Shares of the CoinSmart crypto exchange, which trade on the NEO Exchange, were up 67% on Friday, largely in…