Ride the Crypto Wave
OpenAI’s plans to produce semiconductors have attracted investors from the UAE. The Financial Times has revealed some details of the talks. It is reported that the state-funded investment company MGX met with representatives of OpenAI. The parties discussed possible financing of the project related to the release of equipment and…
According to CryptoQuant analysts, the United States government holds 210,392 BTC worth $14.42 billion, making it one of the largest holders of bitcoins. Fun Fact: US gov holds 210,392 $BTC, with a 2.4x unrealized profit, and hasn’t sold any #Bitcoin since July 2023. Experts reported that the U.S. Department of…
The owner of social network X (formerly Twitter) Ilon Musk suggested that in the future Tesla will start accepting Dogecoin (DOGE) as a means of payment for cars. The billionaire made the statement during a recent visit to the Giga Berlin factory. Elon Musk at Giga Berlin today. “When will…
MicroStrategy announced the issuance of senior convertible bonds in the amount of $500 million. This is the second issue recently. Recall, here we are talking about debt securities, the holders of which will receive a certain advantage in case of liquidation of the company. According to the official press release,…
Decentralized algorithmic trading platform Algotech has raised $250,000 in a single day as part of its ALGT token public presale. This was reported to Cryptonicorn by representatives of the company. Recall, the public presale of ALGT began in 2024, the platform completed a private pre-sale of tokens in the amount…
On March 12, 2024, Coinbase announced plans to raise additional funds through a $1 billion bond offering, designated as senior convertible notes due 2030. “The bonds will accrue interest, payable semi-annually. They will mature on April 1, 2030, unless redeemed, repaid or converted earlier,” the firm said in a statement.…
On March 12, 2024, bitcoin tested the $73,000 mark but then pulled back. The volume of liquidations in futures contracts in the last 24 hours exceeds $233 million. At the time of writing, bitcoin is trading below $72,000. The chart shows a significant drawdown: This is the third price spike…
The administration of US President John Biden initiated a 30% tax on electricity for mining companies. This was reported by Pierre Rochard, vice president of research at the firm Riot Platforms. Biden administration is proposing a 30% tax on electricity used by #bitcoin miners, even if you are off-grid using…
In the morning of March 11, 2024, the price of bitcoin set a new historical maximum at a mark above $70 500. Against this background, the volume of liquidations on futures in the cryptocurrency market amounted to more than $330 million in 24 hours. Over the past 24 hours, the…
On March 11, 2024, the bitcoin rate broke through the $70,000 mark. In the moment, the price of the asset jumped to $71,298, but then rolled back. At this writing, bitcoin is trying to consolidate above the $70,000 level, according to TradingView. Notably, this is the third time bitcoin has…