Day: May 5, 2025

Mattel to wind down its Hot Wheels Virtual Garage NFTs

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Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future. There will be no future releases of any new NFT series or feature drops for the “foreseeable future,” Mattel said in an update on its website. The company said it will decide on the “long-term future” of Mattel digital collectibles. “Your unwavering support and enthusiasm for the Hot Wheels Virtual Garage has been legendary, and we’re incredibly grateful to have been on this journey with you,” the company…

Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion

Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold. New Funding to Support Excursion Into High-Performance Computing Bitcoin mining firm Bit Digital has announced its […] Source CryptoX Portal

Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish

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Key points: Bitcoin’s positive sentiment should remain intact if BTC price stays above the 20-day EMA near $92,000. Several altcoins show bullish chart patterns in the 4-hour and 1-day timeframes. Bitcoin (BTC) has given back some of the gains over the weekend, and the price has pulled back to the breakout level of $95,000. Buyers will have to successfully hold the $95,000 level to keep the bullish momentum intact. Bitcoin network economist Timothy Peterson said in a post on X that Bitcoin could surge to a new all-time high and…

Bitcoin: Not Uncoupled, But Unbothered

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Last week bitcoin’s rally past $94,000 reignited a long-running debate: is one of the world’s most volatile assets finally behaving like a safe haven? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. As Correlation Crumbles, Bitcoin Charts […] Original

Crypto Wealth Turns Deadly: Father Snatched and Mutilated in Chilling Crypto Ambush

A brutal daylight abduction targeting a crypto millionaire’s father in Paris escalated into savage violence, with kidnappers severing his finger while demanding millions in ransom. Vanished in Broad Daylight: Inside the Ruthless Paris Kidnapping That Shook Crypto Circles French law enforcement rescued a man on Saturday night in Essonne, a suburb south of Paris, after […] Source CryptoX Portal

A look into XRP stability and cloud mining potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With XRP stabilizing around $2.20, investors are eyeing cloud mining platforms like Winner Mining as a new gateway to passive crypto income. XRP is a popular currency in the current cryptocurrency market and has been called the “next BTC”. As of press time, the token price is $2.19. Affected by Trump’s radical tariff policy and the resulting global political reforms, the price of XRP has experienced short-term fluctuations recently.…