Shares in Gemini slumped after the company reported losses in its third-quarter results, largely due to the costs associated with going public. Read More at https://cointelegraph.com/news/gemini-bets-on-super-app-as-stock-sinks-to-record-low-on-q3-results?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Jack Dorsey’s Square has just opened up 4M merchants to Bitcoin
X users have already reported using the Bitcoin payment feature at coffee shops across the United States. Read More at https://cointelegraph.com/news/jack-dorsey-square-merchants-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMine snapped up 34% more ETH last week as prices dipped
BitMine’s massive ETH accumulation accelerated last week, adding 110,288 Ether to its $12.5 billion treasury as it targets 5% of the total supply. Read More at https://cointelegraph.com/news/bitmine-snaps-up-34-more-eth-last-week-wall-street-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Biopharma raises $100M for crypto treasury to back cancer treatment
Propanc Biopharma said it will build a crypto treasury after securing up to $100 million from Hexstone Capital to further its potential cancer treatment and reignite investor interest. Read More at https://cointelegraph.com/news/propanc-secures-100-million-launch-crypto-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap token jumps 38% after fee switch, burn proposal hits the table
The Uniswap token rose over 38% after the introduction of a protocol fee switch and burning mechanism that could strengthen UNI. Read More at https://cointelegraph.com/news/uni-rallies-after-token-friendly-proposals-introduced?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senate Committee unveils crypto market structure bill draft
The Senate Agriculture Committee has released a draft bill outlining the regulatory jurisdiction of the country’s two main financial market regulators. Read More at https://cointelegraph.com/news/senate-ag-releases-crypto-market-structure-bill-draft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitdeer shares drop 20% after posting $266M quarterly loss
Bitdeer’s revenue and Bitcoin production jumped in the third quarter amid a push into AI, but its shares slid after the company booked paper losses. Read More at https://cointelegraph.com/news/bitdeer-shares-drop-posting-266m-quarterly-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US opens door for crypto ETFs, trusts to earn staking rewards
Guidance from the Internal Revenue Service appeared to offer additional regulatory clarity for crypto staking through exchange-traded products. Read More at https://cointelegraph.com/news/us-irs-treasury-guidance-crypto-etp?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EToro stock jumps on Q3 results, $150M buyback plan
The company posted $20.8 billion in client assets, a 48% increase in profit, and plans for a $150 million share buyback program. Read More at https://cointelegraph.com/news/etoro-stock-q3-results-150m-buyback-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rumble to buy crypto miner Northern Data after Tether investment
Reports said that the AI infrastructure purchase would be valued at about $767 million as part of a stock deal, about three months after a planned acquisition with Tether. Read More at https://cointelegraph.com/news/rumble-to-buy-northern-data-after-tether-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound