Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion
Australian bitcoin (BTC) miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH/s) installed self-mining capacity. The growth from 31 EH/s at the end of last year is anchored by IREN’s 750MW site in Childress, Texas, the company formerly known as formerly Iris Energy, said in an announcement on […]
Strategy’s Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR)Strategy’s (MSTR) perpetual preferred shares may be anticipating the bitcoin-accumulation company’s inclusion in the S&P 500 index after the largest cryptocurrency posted a record-high monthly close at a price some analysts calculate lifted quarterly earnings to a level that qualifies it for the U.S. […]
American Bitcoin Raises $220M to Expand Mining and Treasury Holdings
American Bitcoin, a majority-owned subsidiary of Hut 8, has secured $220 million through a private share placement. The firm plans to use the funds to buy Bitcoin mining equipment and increase its Bitcoin reserves. The share issuance occurred last Friday and involved over 11 million shares. JUST IN: 🇺🇸 Eric Trump's American Bitcoin Corp. raised […]
Bitcoin Profit Taking Accelerates as BTC Realized Gain Jumps to $2.4B
The profit-taking activity on the Bitcoin network intensified on Monday, keeping bitcoin’s (BTC) spot price under pressure on the final day of the second quarter. The total amount of realized profits on-chain rose to $2.4 billion, with its seven-day average climbing to $1.52 billion, the highest since the second half of May, according to data […]
Good News for XRP, Litecoin and Solana: Analysts Raise ETF Approval Odds to 95%
Bloomberg ETF experts James Seyffart and Eric Balchunas have said there is a 95% probability that the U.S. Securities and Exchange Commission (SEC) will approve spot ETFs for XRP, Litecoin (LTC), and Solana (SOL) this year. The financial watchdog is expected to decide on the three proposals in October. The New Approval Odds In a […]
Watch These 2 Critical Levels for XRP: Ripple Price Analysis
XRP’s price has entered a tight and decisive range between the 100-day and 200-day moving averages, recently facing rejection at the critical 200-day MA near $2.3. With bearish pressure building, the price now hovers near the lower boundary of this range, increasing the likelihood of a downside breakout and a potential corrective move. XRP Price […]
Ark Invest Offloads $43.8M in Coinbase Shares Amid Rally
Ark Invest sold $43.8 million in Coinbase shares as the stock hovered near its all-time high. The sale spanned across ARKK, ARKW, and ARKF ETFs as Coinbase surged over 40% in a month. Earlier, Ark offloaded $12.5M in Coinbase shares as optimism grew around U.S. crypto policy. Ark Invest has trimmed its position in Coinbase […]
Connecticut Breaks from National Trend with Complete Ban on Government Crypto Holdings
Connecticut has officially banned its government from holding or investing in cryptocurrencies, including Bitcoin. Governor Ned Lamont signed House Bill 7082 into law, finalizing the move on June 30. The bill aims to shield public funds from the perceived risks tied to virtual currencies. 🇺🇸 NEW: Connecticut Governor Lamont officially signs legislation banning state investment […]
ARK Invest Sold $95M of Coinbase Shares After COIN’s Surge to Record Highs
ARK Invest offloaded nearly $43.8 million worth of shares of cryptocurrency exchange Coinbase (COIN) on Monday. The sale follows similar moves last week for a total of 270,984 COIN shares offloaded in the last three trading days, worth just under $95 million based on Monday’s closing price of $350.49. Coinbase shares surged to a record […]
Bullish Momentum Builds for VeChain, NEAR, and Polkadot—Ready to Accumulate?
VeChain, NEAR, and Polkadot aren’t just rising in price—they’re picking up serious momentum. Each one is rolling out new upgrades, gaining adoption, and strengthening its position in the market. They’re not chasing hype. They’re building something real. With key milestones unfolding across all three projects, many investors are beginning to pay closer attention. If you’re […]
Bitcoin Claims 83% of Weekly Crypto Inflows As Digital Asset Funds Extend Positive Streak to 11 Weeks
Digital asset funds experienced inflows of $2.7 billion last week, their 11th consecutive week of gains. This figure pushed the total to $16.9 billion. Interestingly, the mid-year momentum is similar to 2024, when inflows reached $18.3 billion by June’s end. CoinShares noted that continued investor interest is likely tied to a mix of increased geopolitical […]
SOL could surge to $180 on Solana ETF news; check forecast – Invezz
SOL could surge to $180 on Solana ETF news; check forecast Invezz Credit: Source link The post SOL could surge to $180 on Solana ETF news; check forecast – Invezz appeared first on Coin24h.com.