Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $ 800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $ 4.2 billion market capitalization. The adjustment from an initial $ 500 million to $ …
Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $ 99 million in Ethereum-based assets and $ 109 million in outflows from various EVM-compatible chains. Ethereum and EVM Chains See $ 200 Million …
This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved the transfer of 94,504.03 bitcoin into three distinct addresses. One of these recipient wallets has now risen to become the sixth-largest bitcoin holder, showcasing a […]
Bitcoin (BTC) has staged a sharp recovery rally after finding crucial support, providing relief for crypto bulls. The world’s largest cryptocurrency is back above $ 67,000 at the time of writing, regaining ground after the recent selloff. Riding bullish sentiment of its own is the Green Bitcoin (GBTC) project, which has now raised over …
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $ 150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $ 980 million, breaking past the latest threshold. Stablecoin Market Value Tops $ 150 Billion The total value …