The Dogecoin price has dropped to $0.23 today, with the meme token suffering this fall on a difficult day for the crypto market as a whole. DOGE is now down by 16% in a week, but it has also managed gains of 44% in a month and 80% in the past year. And some analysts…
Key Takeaways: MARA’s $950M notes offering shows a growing reliance on convertible debt among crypto infrastructure firms. Access to capital markets is becoming a competitive advantage for miners seeking to expand their hashrate and accumulate Bitcoin. Institutional Bitcoin demand, amplified by ETF inflows, is influencing how miners allocate proceeds from large-scale fundraising. MARA Holdings has…
A coalition of high-ranking Senate Democrats is pushing back against Federal Housing Finance Agency (FHFA) Director William Pulte’s recent order that would allow mortgage lenders to utilize unconverted crypto in the underwriting process, according to a new letter sent to the investment firm founder. Senators Raise Red Flags Over Crypto Mortgage Lending According to the…
Tron Inc. has filed to raise up to $1 billion as part of an ambitious push to grow its TRX token reserves, capitalizing on a dramatic surge in its stock following a recent merger. The company, formerly known as SRM Entertainment, disclosed the fundraising plans in a Form S-3 registration statement with the U.S. Securities…
Strategy’s co-founder, Michael Saylor, has again displayed his company’s Bitcoin portfolio tracker, highlighting the current value of its BTC holdings. This comes amid plans to raise up to $2.5 billion through a stock offering for more BTC purchases. Michael Saylor Showcases Strategy’s Bitcoin Holdings In an X post, Michael Saylor shared an image of the…
Bitcoin (BTC) may be gearing up for its next parabolic move, possibly toward $130,000, if an analyst is correctly reading a multi-pronged surge in technical, macroeconomic, and geopolitical signals. According to pseudonymous trader Doctor Profit, after months of struggling beneath a critical long-term resistance, the flagship cryptocurrency has finally broken above a trendline dating back…
TL;DR Avalanche DeFi TVL rose to $1.5 billion, driven by faster speeds and lower fees following the upgrade. Daily AVAX activity surged, with 519K users and 10M transactions recorded across chains. AVAX is testing a multi-year trendline, with a potential breakout targeting $140 next. DeFi Activity Rises After Network Upgrade Avalanche’s DeFi ecosystem has grown…
The SEC is delaying several ETF applications today, including Truth Social’s Bitcoin ETF. Other products in the queue include Grayscale’s Solana ETF and Canary Capital’s Litecoin fund. Additionally, VanEck’s AVAX ETF faces another deadline, but further setbacks seem likely. The Commission appears sympathetic to creating these new products, but is trying to buy as much…
Dogecoin (DOGE) has suffered a double-digit price decline over the past week. This comes as investors race to offload holdings and lock in gains from its recent rally. After climbing to a multi-month high this month, the meme coin now faces significant sell-side pressure that has intensified across major exchanges. DOGE’s Rally in Jeopardy as…
Global payments giant PayPal has launched a payment method that allows U.S. merchants to transact in more than 100 cryptocurrencies through some of the largest crypto wallets, with fees reduced by up to 90%, PayPal claims. According to the press release, Pay with Crypto will become available to U.S. merchants “in the coming weeks.” The…