financial news

Amber International Secures $25.5 Million Private Placement to Expand Crypto Reserve

Amber International Secures $25.5 Million Private Placement to Expand Crypto Reserve

Amber International, formerly PhotoVoltaics International, has completed the first closing of a $20 million private placement led by several Northern California venture capital firms. The funding will be used to deepen its crypto reserve and strengthen its Web3 financial infrastructure projects. The transaction is valued at $10.45 per American depositary...

Ethereum's 27% Stock Surge? It's Just the Beginning, Bestie!

Ethereum's 27% Stock Surge? It's Just the Beginning, Bestie!

Okay, let's be real for a sec. My feed exploded yesterday. Everyone's buzzing about Ethereum, and rightfully so! We’re speaking a 27% rally in Ethereum-based companies. Twenty-seven percent! If that doesn’t say “opportunity,” I’m not sure what does. Move over avocado toast; investing in Ethereum is the real millennial money...

FIND MINING's 42 BTC Haul: Green Mining's $4.48M Day!

FIND MINING's 42 BTC Haul: Green Mining's $4.48M Day!

Bitcoin mining is a rapidly changing industry, and companies are gaining boosters for their future success with creative solutions. While we may not know the particulars about “FIND MINING”, we can take a look at the bigger overall trajectory of sustainable Bitcoin mining. This approach has proved immensely profitable, and...

NIP Group's $6.5M Bitcoin Dream: Reality Check Ahead?

NIP Group's $6.5M Bitcoin Dream: Reality Check Ahead?

NIP Group, known for esports and event production, is diving headfirst into Bitcoin mining with a projected $6.5 million monthly revenue (before expenses). Ambitious? Absolutely. Realistic? Well, that’s the question we really have to unpack. Other companies that have chased the crypto dream in recent years face shortcomings that stand...

MARA's Bitcoin Slump: Is This Just a Blip or Crypto Winter 2.0?

MARA's Bitcoin Slump: Is This Just a Blip or Crypto Winter 2.0?

Is your portfolio safe? The crypto ecosystem is abuzz with questions. This enthusiasm comes on the heels of MARA Holdings announcing a 25% decrease in Bitcoin production for the month of June. Is this just a seasonal slowdown, a typical summer doldrum, or are we once again staring down the...

Eric Trump's Bitcoin Bet: A Win for Crypto or a Political Minefield?

Eric Trump's Bitcoin Bet: A Win for Crypto or a Political Minefield?

Okay, let's be real. So when I first got wind of Eric Trump being involved in a $220 million Bitcoin play, my brain did a full-on spit take. Crypto and Trump in the same sentence? It’s like trying to combine oil and water, or perhaps, just perhaps, trying to combine...

CoreWeave Reignites Acquisition Talks with Core Scientific, Driving Stock Surge

CoreWeave Reignites Acquisition Talks with Core Scientific, Driving Stock Surge

Shares of crypto miner Core Scientific (CORZ) soared more than 25% this week. This increase occurs amid the backdrop of reenergized speculation over a possible acquisition by fellow startup CoreWeave. The resumed talks mark a potentially significant new chapter for both companies. Combined, they have the power to radically change...

Pi Network's Price Plunge: Pragmatic Analysis or Premature Panic?

Pi Network's Price Plunge: Pragmatic Analysis or Premature Panic?

With all of this, Pi Network marked Pi2Day with much pomp – AI-powered app development and staking to boost ecosystem visibility. Sounds slick, right? Then the price dips nearly 4%. The real question isn’t so much why, but rather, is this a buying opportunity, or a blinking red warning light?...