Bit Digital (BTBT) announced Wednesday it is changing its business strategy to focus solely on ether (ETH) staking and treasury operations. Through the sale of its bitcoin mining business to the New York-based firm. To fund its growing ETH strategy, it will repurpose its assets and capital into that strategy.Naturally,...
Ether’s (ETH) bullish moment has seen the crypto surge above the $2,470 price level. Looking at futures and options data, it’s clear that traders are showing little bullish conviction. While inflows to U.S.-listed Ether ETFs have certainly been positive, notable indicators point to an underlying market caution. This combination of...
SharpLink Gaming, Inc. (SBET) has significantly raised its Ethereum stash. This decision solidifies its role as a driver of the iGaming and crypto industries to be sure. The firm announced the purchase of 12,207 ETH just last week. Now, with this purchase on top of its previous assets, its total...
Solana seems particularly intent on continuing its development as a high speed data courier for Ethereum transactions. As such, it could be an important answer to Ethereum’s scalability woes. This partnership will leverage Solana’s incredible transaction processing speed of almost 4,000 TPS. In the process, users will join a new...
Alexander Thoma, Head of Digital Assets at Postfinance, is leading the charge in making cryptocurrency accessible to a broader audience in Switzerland. Thoma, Ph.D., is a Chartered Digital Asset Analyst. He immediately dove into the particulars of what makes New Jersey unique. His strategic vision is for Postfinance to position...
Solaxy is a Solana Layer 2 scaling solution that increases processing capacity and reduces congestion on the Solana mainnet. Since launching in December of 2024, it’s been all the rage. Following this financing, Solaxy has raised a total of $58 million. Their vision is to improve scalability and reduce fees...
In response, Celestia co-founder John Alder has made a counterintuitive but audacious suggestion to radically alter the network’s tokenomics. He proposes scrapping the current Proof of Stake (PoS) model and replacing it with a Proof of Governance system. This proposal comes just as the price of the TIA token has...
A brand-new meme coin, Snorter Token ($SNORT), has the entire cryptocurrency market abuzz. Its presale boasts an amazing 1,247% staking Annual Percentage Yield (APY). With a focus on accessibility, this high-yield staking opportunity is designed to attract a wide range of participants. It highlights the coin-sniping Telegram bot, which offers...
One of the latest projects making big waves in the Web3 AI scene is $WAI, which has raised an impressive $8.4 million. The surprise announcement comes amid price corrections within Ethereum (ETH) and a Shiba Inu (SHIB) rally to hold the support line. The success of $WAI illustrates a sharp...
MAGACOIN FINANCE has emerged as a noteworthy contender in the current market cycle, capturing the attention of analysts and investors alike. The early-stage project is moving pretty quickly and is getting a lot of momentum and visibility, making for a potentially tremendous calculated upside that distinguishes it. This increased interest...
