In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $ 50 million through the sale of preferred shares. This follows a successful acquisition of $ 25 million in a similar preferred share sale conducted by Canaan last …
With market capitalization standing at $ 798 billion and a 24-hour trade volume of $ 16.58 billion, bitcoin’s current state remains consolidated just above the $ 41K zone. As bitcoin hovers around $ 41,088, a meticulous analysis of its 1-hour, 4-hour, and daily chart unveils a predominantly bearish trend. Bitcoin Oscillators, …
U.S. lawmakers have introduced a bill “to combat the illicit use of crypto assets.” The Preventing Illicit Finance Through Partnership Act “will allow federal regulators to work with the private sector to gain insight into the often-misunderstood world of crypto to weed out bad actors without crushing an entire emerging industry,” Senator Cynthia Lummis described. […]
On Friday, Coinshares International Limited, announced that the firm has acquired Valkyrie Funds LLC, the U.S.-based digital asset manager. The Saint Helier company said the decision comes after a direct result of Valkyrie’s spot bitcoin exchange-traded fund (ETF) approval. Coinshares Amplifies U.S. Market Influence With Key Acquisition Coinshares detailed on Jan. 12, 2024, that the […]
With a fresh infusion of $ 8 million in Series B funding, Lolli aims to be well positioned to continue improving upon and growing the cryptocurrency rewards sector. Lolli Secures $ 8 Million for Crypto Rewards Market Expansion Lolli, a prominent player in the bitcoin and cashback rewards arena, today announced the …