Currenc Group Inc. and Animoca Brands Corporation Limited have inked a non-binding term sheet for a reverse merger that could create the world’s first publicly listed digital asset conglomerate. Currenc Group, Animoca Brands Eye First Publicly Listed Digital Asset Conglomerate On Nov. 3, Currenc Group (Nasdaq: CURR) revealed plans to acquire all issued shares of […] Source CryptoX Portal
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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Bitcoin reached a record in computing power, but rising block difficulty continues to hurt miners’ profits. Summary Bitcoin mining hashrate reached a record 1.13 Zh/s in October. Geographically, this expansion was driven by Kazakhstan and the Middle East Still, mining profitability fell 7% due to increasing block difficulty Bitcoin miners found themselves under pressure from all sides in October. The sector posted a record 1.13 Zh/s hashrate in October, which indicates increased participation in Bitcoin mining. Still, increased mining difficulty, rising energy prices, and record $19B in liquidations cut into…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…
In a shocking flash surge that stunned traders worldwide, XRP’s price briefly skyrocketed to unprecedented heights on several major exchanges before rapidly collapsing back to its previous levels within seconds. The extraordinary spike triggered a wave of confusion across the crypto community, prompting questions about data integrity, liquidity anomalies, and possible faults in exchange systems. How The Event quickly spread And Was interpreted online The digital asset world was set ablaze recently when XRP inexplicably surged to an astonishing $9,800 across multiple exchanges for several seconds. According to KingXRP’s post…
Sygnum Bank’s fourth quarter outlook sees crypto markets under macro pressure, but Ethereum may be positioning for a major rally. Summary The crypto bull market is on thin ice, says the latest Sygnum report Macro pressure crushed the altcoin rally that traders expected While most are looking at Bitcoin, Ethereum may be preparing for a major move While altcoins face near-term headwinds, there’s still time for a reversal. According to the Sygnum Bank’s latest market outlook for the end of 2025, macro conditions are putting pressure on altcoins. However, Ethereum…
Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space. Lava Secures $200M to Advance Bitcoin Lending CEO Shehzan Maredia announced the move on X, calling it “the biggest day in […] Original
Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital asset benchmarks will be made available across multiple blockchains via DataLink, an institutional-grade publishing service powered by the oracle network. Source: Scott Melker The Russell indexes, widely used as benchmarks for US small- and mid-cap…
Biotech company Tharimmune has raised $540 million in private funding to launch a crypto treasury strategy and acquire Canton Coin (CC), the native token of the Canton Network. The private offering, among the largest digital asset financings to date, was led by DRW and Liberty City Ventures, with participation from ARK Invest, Polychain Capital, Kraken, and other institutional investors. The round values Tharimmune’s shares at $3.075 each. Tharimmune said the funds will be used to purchase CC tokens, support general operations, and expand its role within the Canton ecosystem. The…