The industry has displayed several signs of recovery after a tumultuous crypto winter. Although Bitcoin and other major cryptocurrencies have received significant attention, stablecoins have also outpaced other asset types in terms of usage, accounting for more than half of all transaction volume in recent months. Chainalysis’ latest data suggests that …
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Reports show that a new Ethereum (ETH) whale has been on a buying spree recently. This whale bought over $405 million worth of ETH since March 31 and is suspected to be Tron founder Justin Sun. Sun is also linked to another address that made massive ETH moves this year. …
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Video game publisher Take-Two Interactive Software has acquired Gearbox Entertainment, the company behind the Borderlands franchise, for $460 million in an all-stock deal with Embracer, the latest big deal in the video game business. The deal comes as Lionsgate is releasing Eli Roth’s theatrical adaptation of Borderlands in August. Take-Two said …
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BBC Studios has paid £255M ($321M) to acquire ITV‘s shareholding in their joint venture streamer, BritBox International — the biggest ever single transaction for the BBC’s commercial wing. In a regulatory note confirming the sale this morning, ITV confirmed it had sold its 50%, with the proceeds set to return …
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On the widely-used trading platform Robinhood, Shiba Inu, frequently hailed as the “Dogecoin slayer,” has sparked a surge of enthusiasm within the cryptocurrency realm. In a remarkable turn of events, Robinhood amassed a staggering 231 billion tokens within a mere 24 hours, boldly proclaiming its presence in the crypto arena. …
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Analysts are characterizing MicroStrategy’s stock as akin to an “essentially a leveraged Bitcoin ETF” due to its exposure to the cryptocurrency. In the latest announcement on Wednesday, December 27, MicroStrategy Inc (NASDAQ: MSTR) acquired an additional 14,620 Bitcoins in the past month, spending $615.7 million at an average price of …
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In recent days and weeks, there has been much speculation as to whether the XRP price is being manipulated and what forces could be behind it. Now, renowned XRP community member Mr. Huber (@Leerzeit) has made an interesting discovery. According to him, it seems like Ripple has bought back 700 …
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Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its largest orders of hash-rate in the firm’s history — ahead of the Bitcoin halving scheduled for April 2024. The additional purchase agreement totaled $290.5 million, Riot stated in a Dec. 4 statement — …
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The cryptocurrency market increased throughout the past seven days, tapping over $1.5 trillion in terms of total capitalization. A lot of the gains are coming on the back of Bitcoin, which tested $39K for the first time in quite a while. With many analysts firmly bullish, let’s dive into what …
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XRP has witnessed a remarkable surge of over 29% in its value over the last 12 days. The price has risen from $0.4771 to a two and a half month high of $0.6209 yesterday. Sharks And Whales Make A Splash This impressive price hike coincides with an increase in whale …
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K-Bank aims to capture 20% of the crypto market in Thailand through the acquisition of Satang Pro. In a bold move signaling growing integration between traditional finance and the burgeoning cryptocurrency industry, Kasikornbank, one of the largest banks in Thailand, has purchased a majority stake in a local digital assets …
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Ellen Pompeo isn’t just any regular mom, she’s a cool mom — and she’s got the receipts to prove it. “I was trying to be, like, Mom of the Year or Mom of the Week or something to the 14-year-old, who’s so embarrassed right now, and I was like, ‘Oh, …
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