Bit Digital (BTBT), a New York-based firm, is making a significant move in the cryptocurrency world by shifting its focus from Bitcoin mining to Ethereum staking and treasury operations. This decision marks an end to the Bitcoin mining enterprise altogether. Now, the company is pivoting its assets and capital to...
Solana might be the next major cryptocurrency to be on boarded into a U.S.-listed exchange-traded fund (ETF), expected to debut this summer. Asset managers Invesco and Galaxy Digital have now made the official filing needed to launch the Invesco Galaxy Solana ETF. Unlike other filings, the proposed ETF would incorporate...
Bit Digital’s choice to abandon Bitcoin and fully commit to Ethereum staking has reverberated throughout the crypto landscape. The market's reaction? A swift kick to their stock price. But aside from the short-term pain… What does this strategic U-turn truly signify for investors such as you and I? Let's dissect...
The bigger question isn’t if but when the first Solana ETF will be approved — and perhaps more importantly, what comes next. We’ve lived through the Bitcoin ETF mania, the later price explosion (and correction), and the buzz in the broader market. Solana is different, though. It’s no longer all...
Okay, let's cut the fluff. And now everyone’s freaking out about Bit Digital’s stock plummeting after they announced their pivot to Ethereum staking. Everyone's focusing on the short term. They see red, they panic. I’m here to tell you they’re looking at it all wrong. This one isn’t only a...
The cryptocurrency market is buzzing with excitement as mainstream financial institutions continue to look for ways to get a piece of the altcoin action. There’s a very exciting development on the horizon — the possible introduction of a Solana ETF. Invesco and Galaxy Digital are breaking new ground with this...
For years, the Ledger Nano S has been a trusted gateway for countless individuals venturing into the world of cryptocurrency. Its low cost and user-friendly interface helped propel it to the top of the industry as a leading solution to safeguard digital assets. The recent news from Ledger has had...
The news is out: Ledger is sunsetting support for the Nano S. If you are like me, one of the millions who helped make them a hit, you’re reading this slightly… apprehensive. Are we really just now encountering these ticking time bombs? Or is that just a devious plan to...
Ledger, the biggest provider of cryptocurrency hardware wallets, recently made headlines in the crypto space when it declared the end of its immensely popular Nano S model. This decision represents a significant turn away from the company’s previous product offerings. Ledger will turn its attention to its next-gen devices, like...
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,...
