Shares of BitMine Immersion Technologies surged more than 45% in Tuesday morning trading following the high-profile appointment of Tom Lee as chairman of its board of directors and the announcement of a bold $250 million pivot toward Ethereum. Lee, a prominent...
In a historic vote on Tuesday, the U.S. Senate passed the GENIUS Act, a sweeping bill that for the first time establishes federal standards for U.S. dollar-pegged stablecoins. The legislation passed 68–30, marking a significant step in integrating digital assets into...
The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
Bitcoin (BTC-USD) continued its downward trajectory on Thursday, touching its lowest levels since November, trading as low as $92,500. The decline marks a stark contrast to the cryptocurrency's meteoric rise in the weeks following President-elect Donald Trump’s...
US equity futures traded within narrow ranges on Thursday as investors took a pause from the record-breaking rally that has characterized recent market activity. Amid this quieting in stocks, Bitcoin made headlines by surging above the $100,000 mark for the first...
MARA Holdings (NASDAQ: MARA) saw its stock surge 16% early Wednesday, following the announcement of a significant $850 million zero-coupon convertible note offering. This bold financial maneuver comes with an additional $150 million option for initial purchasers,...
On Tuesday night, Bitcoin surged to a new all-time high, breaking past $75,000 for the first time in history. The price of the leading cryptocurrency touched a peak of $75,361 according to CoinMarketCap, marking a more than 9% increase in just 24 hours. This rally...
Cryptocurrency trading has emerged as a popular and lucrative endeavor in recent years. With the ever-increasing interest in digital currencies like Bitcoin, Ethereum, and a multitude of altcoins, traders are constantly seeking strategies to maximize profits and...
Cryptocurrency has evolved significantly over the past ten years, with several notable developments and trends shaping its trajectory. Here are some key highlights of cryptocurrency evolution during this period: Bitcoin's Dominance: Bitcoin, the first cryptocurrency,...
[vc_row][vc_column][vc_column_text]VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it will be subscribing for 500 new GlobexUS Holdings Corp (“GlobexUS”) shares at USD3,000 per share for USD1.5 million. This investment signals the...
Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) is taking a sharp hit in premarket trading Thursday, with shares falling as much as 25% after the company delivered an underwhelming clinical trial update late Wednesday. The news centered around its late-stage trial of...
Shares of MP Materials (NYSE: MP) surged more than 50% on Thursday after the company announced that the U.S. Department of Defense (DoD) will invest $400 million in the rare earth miner, becoming its largest shareholder in the process. The deal marks a significant...
Shares of ProKidney Corp (NASDAQ: PROK) soared more than 25% in Thursday afternoon trading after the company reported encouraging topline results from its Phase 2 REGEN-007 trial evaluating rilparencel in patients with chronic kidney disease (CKD) and diabetes. The...