Sharplink Gaming Inc. announced a stock repurchase program authorizing the buyback of up to $1.5 billion of its common stock. Sharplink Commits to $1.5 Billion Return of Capital via Buybacks The Sharplink Gaming Inc. (Nasdaq: SBET) news propelled the company’s shares 15% higher during Friday’s trading session. The significant market reaction highlights investor approval of […] Source CryptoX Portal
On-chain analytics firm Santiment has revealed how the two largest spikes in trading volume coincided with recent buying and selling windows for Bitcoin. Trading Volume May Signal Tops & Bottoms For Bitcoin In a new post on X, Santiment has talked about a pattern associated with the trading volume of Bitcoin. The “trading volume” here refers to a metric that keeps track of the total amount of the cryptocurrency that’s becoming involved in trading activities on the various centralized exchanges. When the value of this metric is high, it means…
Nasdaq-listed Hong Kong construction firm Ming Shing Group Holdings said Wednesday it has entered into an agreement to acquire 4,250 Bitcoin for nearly $483 million, joining the wave of companies adding the cryptocurrency to their treasuries. If successful, the deal would make Ming Shing Hong Kong’s top Bitcoin (BTC) treasury according to BitcoinTreasuries.NET data, surpassing even Buyaa Ineractive International with its 3,350 BTC as Bitcoin and crypto adoption take the corporate world by storm. “We believe the Bitcoin market is highly liquid and the investment can capture the potential appreciation…
BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell firm following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations. Hayes, who built BitMEX into one of the largest derivatives platforms before it fell under regulatory fire, has been a regular patient at the stem cell firm’s clinics in Mexico and Bangkok for over a year, he told Bloomberg. “I want to live as long as possible, as healthy as possible,”…
Ethereum price started a recovery wave from the $4,050 zone. ETH is now back above $4,220 but it faces many hurdles near $4,400. Ethereum started a recovery wave above the $4,150 and $4,220 levels. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,355 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,220 zone in the near term. Ethereum Price Faces Resistance Ethereum…
Japan-based 3D printed housing firm Lib Work Co. has become the latest non-crypto native company to buy Bitcoin for its corporate treasury, coming just a month after launching an initiative that uses non-fungible tokens to store house designs. In a Monday statement following its board meeting, Lib Work announced plans to purchase 500 million Japanese yen ($3.3 million) worth of Bitcoin (BTC) as a hedge against “inflationary trends” in Japan and the risks of “holding assets only in cash.” “Therefore, our company has decided to adopt a phased approach to…
XRP is trading at $3.06 with a market capitalization of $181.57 billion and a 24-hour trading volume of $11.35 billion. The digital asset moved within a 24-hour intraday price range of $3.06 to $3.34, reflecting high volatility amid ongoing bearish pressure. XRP On the 1-hour chart, XRP shows signs of near-term consolidation following a sharp […] Source CryptoX Portal
Thumzup Media Corporation, a social media marketing-turned-crypto-buying firm, plans to boost its crypto holdings and get into crypto mining after raising $50 million from investors. Thumzup said on Wednesday that it would expand its crypto-related strategy “to include large-scale cryptocurrency mining and targeted blockchain investments.” The company said it will use some of the $50 million it raised from a $10 per share offering on Tuesday into “state-of-the-art cryptocurrency mining infrastructure” and was engaging with mining technology providers “to accelerate the buildout.” The firm currently holds 19.1 Bitcoin (BTC) after…
Upexi, a Nasdaq-listed company, has stepped up its bet on Solana by forming a new advisory committee and naming Arthur Hayes as its first member. Related Reading Reports have disclosed the move came with a clear push to support the firm’s large Solana treasury, which has drawn attention from investors and rival corporate treasuries alike. Upexi Deepens Its Solana Bet According to Upexi’s own filings and public statements, the company now holds over 2 million SOL in its treasury. That stake has been built quickly through multiple purchases and capital…
Bitcoin miner MARA Holdings is making its biggest AI play to date, signing a $168 million deal to buy a 64% stake in Exaion, a subsidiary of French state-owned Électricité de France, one of the world’s largest low-carbon energy producers. The agreement, announced on Tuesday, includes an option for MARA to raise its stake to 75% by 2027 with an additional $127 million investment, contingent on performance milestones. Today, MARA and @EDFofficiel signed an investment agreement in subsidiary Exaion to expand MARA’s global AI/HPC capabilities. 📄 Read the press release:…