Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
BitMine Targets $300M via Preferred Shares to Boost Ethereum Staking
BitMine Immersion Technologies files to sell 3 million Series A preferred shares with a 9.5% dividend to raise $300M for Ethereum staking and treasury growth. Common shares up 5.8%.
BitMine Stock Rises on 9.5% Preferred Share Offering Amid Ether Volatility
BitMine Immersion Technologies shares rose after announcing a 9.5% perpetual preferred stock offering, as the company seeks capital to expand its ether treasury amid falling ETH prices.
Strategy Inc.'s Minor Bitcoin Sale Sparks Major Market Jitters
A small Bitcoin sale by Strategy Inc. sent Bitcoin down 6.7% and raised fears about the firm's commitment to holding Bitcoin.
BitMine's $11.6B Ethereum Bet Faces Market Scrutiny as Ether Slides
BitMine shares dropped 3.2% to $17.39 as ether slid 5.5%, highlighting risks tied to its $11.6 billion crypto balance sheet and transformation into a public Ethereum treasury.
MARA Slumps as Bitcoin Retreats Below $70K Amid AI Strategy Debate
MARA shares dropped 4.2% to $14.23 as bitcoin slid below $70,000, highlighting the miner's ongoing dependence on crypto prices despite its push into AI and power infrastructure.
Bitmine Stock Tumbles as $11.6B Ether Bet Sours on Crypto Slide
Bitmine shares slid 6.5% to $17.62 after revealing 5.42 million ETH holdings, with a $502 million paper loss as ether dropped 4%, highlighting the stock's direct exposure to crypto volatility.
HIVE Digital Revenue Soars 158% as AI Ambitions Face Crypto Headwinds
HIVE Digital Technologies shares rose to $4.89 after a 158% revenue surge to $297.8M, but a weak Q4 and Bitcoin's 4.5% decline capped gains as investors eye AI infrastructure.
XRP Slumps Beneath $1.30 as Bitcoin Weakness Triggers Broader Crypto Sell-Off
XRP dropped below $1.30 to 15-week lows as bitcoin's decline sparked broad selling. Record exchange flows and $1.67B in fund outflows were offset by $20.3M in XRP inflows.
Bitcoin Slips Below $70K After Strategy's First-Ever BTC Sale
Bitcoin dropped under $70,000 after Strategy disclosed its first bitcoin sale, while U.S. spot bitcoin ETFs posted 11 straight days of redemptions totaling $3.45 billion.
SoFi Rises on Stablecoin Launch; Wall Street Eyes Credit Risks
SoFi Technologies shares rose 1.9% on Monday after launching its SoFiUSD stablecoin, though BTIG warned of rising loan-loss trends in the lending business.
Strategy Inc. Sells Bitcoin for First Time Since 2022 to Fund Dividends
Strategy Inc. sold 32 bitcoin for $2.5 million to fund preferred dividends, its first sale since 2022. Shares fell 5.9% as the market eyes the shift from pure accumulation.
MARA Stock Rises as Bitcoin Slips; AI Infrastructure Bet Gains Traction
MARA Holdings stock gained 4% to $14.95, diverging from bitcoin's decline, as the company's strategic shift toward AI-powered data infrastructure through a $1.5 billion acquisition captures market attention.