Bitcoin enthusiasts are bracing themselves for new lows amid a bland opening to the year. Underneath the charts, Bitcoin miners are seeing one of the most brutal capitulations since 2016 ahead of the network’s difficulty adjustment. The assets supply has also taken a hit in recent weeks as the impetus […]
Shares of Digital Brands Group, Inc. (DBGI), a curated collection of luxury lifestyle, digital-first brands, are rising more than 9% Friday morning at $4.83. The company today said it has completed the previously announced acquisition of Sundry. “We believe adding Sundry to our Bailey Shop, which is our multi-brand e-commerce […]
A trove of mixed feelings trailed the crypto community as one of its foremost Bitcoin evangelists, Michael Saylor, announced an additional purchase of 2,500 BTCs. In a tweet yesterday afternoon, Saylor disclosed that his company had gone Bitcoin shopping over the last seven weeks at a price of approximately $16,500 […]
It is the fag end of 2022, a truly turbulent year for the crypto asset class. Massive monetary policy tightening, industry level shocks ranging from high-profile bankruptcies, stablecoin collapses and hacks as well as unprecedented geopolitical tensions caused the year to be heavily market cap decretive and hierarchy disruptive for […]
Cryptocurrencies remain subdued early on Wednesday, with market capitalization briefly breaching the $800 billion level. Overall crypto market capitalization dropped to $797 billion, an overnight decline of 1.5 percent, before recovering to its current level of $800 billion. In the ranking of all assets according to market capitalization published by […]
Shares of KalVista Pharmaceuticals, Inc. (KALV) are rising more than 17% Tuesday morning. The company today said it has entered into a subscription agreement with institutional investors to sell 9.484 million shares in a registered direct offering at a price of $6.00 per share and 182,470 prefunded warrants at $5.999. […]
In a recent interview, billionaire investor and entrepreneur Mark Cuban shared his thoughts on Bitcoin and gold. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network). Cuban’s […]
Cryptocurrencies hovered close to the flatline on Friday amidst a weak market sentiment driven by developments in the FTX saga as well as lingering macro-economic concerns. The SEC’s recent classification of the FTX token FTT as a security and the warnings from SEC officials about proof-of-reserves also weighed on market […]
Popular cryptocurrency analyst Benjamin Cowen has said that Bitcoin ($BTC) bears are getting exhausted after the price of the flagship cryptocurrency dropped more than 75% from its all-time high above $69,000 seen last year. In a newly published YouTube video Cowen shared with his nearly 780,000 subscribers on the Google-owned […]
Veteran investor Bill Miller is talking bitcoin again. Miller, who has managed billions of dollars worth of funds and allocated 1% of his net worth to Bitcoin, told Barron recently bitcoin has performed incredibly well in recent weeks despite the fallout from the industry-shaking collapse of Sam Bankman-Fried’s FTX exchange. […]
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