Bitcoin miner Core Scientific is surging ahead thanks to its powerful push into high-performance computing (HPC), earning an upgraded ‘Buy’ rating from B. Riley Financial. The decision, reported by CoinDesk, highlights increasing industry confidence in Bitcoin’s mining sector — especially as Core Scientific pivots from pure crypto mining to supporting HPC, a field crucial for…
Bitcoin’s MVRV Ratio Signals Undervaluation—Is the Next Crypto Rally Coming Soon? According to recent analysis, Bitcoin’s Market Value to Realized Value (MVRV) Ratio is now pointing to what analysts are calling an “undervaluation phase.” Observers see this as a strong indicator that BTC’s price may have reached a cyclical bottom beneath the critical $110,000 level,…
Stellar Price Plunges: XLM Slips Below $0.32 As Market Volatility Intensifies The crypto world was rocked this week as Stellar (XLM), a major player in the blockchain and payments space, dropped more than 5%, breaking through the crucial $0.32 support level. According to reporting from CoinDesk, this sudden dip raises fresh concerns among investors and…
Bitcoin’s Recent Surge Sparks Historic Comparison By Trading Legend Peter Brandt The wild ride of Bitcoin may have you glued to your portfolio, but veteran trader Peter Brandt just drew a fascinating—and slightly alarming—parallel. In a recent analysis, Brandt noted that the current Bitcoin price chart looks eerily similar to the trajectory of the 1970s…
In a move shaking up both the decentralized finance (DeFi) and sports betting scenes, Jupiter DEX, a major player on the Solana blockchain, has launched a new Formula 1 prediction market for the Mexico Grand Prix. What makes this offering unique? It’s powered by Kalshi, a regulated event prediction platform, blurring the lines between traditional…
Zeta Network Reveals Bold $231M Bitcoin Move Just a Week After $15M Fundraiser In a power move that’s grabbing attention across the crypto world, Zeta Network Group has announced a massive $230.8 million private placement, all payable in Bitcoin. This strategic investment lands just one week after the company wrapped up a successful $15 million…
SpaceX Transfers $257 Million in Bitcoin, Sparking Fresh Debate on Crypto Ambitions SpaceX, the trailblazing aerospace company founded by Elon Musk, has moved a staggering $257 million in Bitcoin—its second major transfer in the past three months. The transaction, tracked via labeled wallets by blockchain researchers, is fueling intense speculation: Is the private space giant…
Galaxy Digital’s Q3 Profit Hits $505M on Surging Crypto Trading and Institutional Demand Galaxy Digital, a leading crypto-focused financial services firm, has reported a massive surge in third-quarter profits, bringing in $505 million as trading volumes soared by 140%. The company’s latest results signal that big-money players and institutional investors are piling into the cryptocurrency…
Binance’s $33 Million Charity Offer Turns Into Political Controversy in Malta What was meant to be a generous act of support from Binance, one of the world’s largest cryptocurrency exchanges, has morphed into a heated political issue in Malta. The country’s Finance Minister, Clyde Caruana, backed the government’s decision to reject Binance’s $33 million charity…
Coinbase Spends $25 Million on NFT to Bring Back UpOnly Podcast from Crypto’s Glory Days The crypto world is buzzing again as Coinbase, the leading U.S.-based cryptocurrency exchange, made a bold move this week by investing a staggering $25 million to revive the once-popular crypto podcast, UpOnly. Their tool for the comeback? Coinbase purchased a…
