Poolin Technology and several affiliates entered Chapter 11 on July 22 with two proposed asset sales, worth a combined $52 million, tied to its West Texas mining sites. Prospective buyer Thor CALAP LLC can terminate either deal over unsatisfactory diligence through Aug. 9, five days before the court’s scheduled hearing on the bidding process and
The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by default. The decision creates a single framework for transferring assets between blockchains while applying the same security controls and operating standards across supported networks. Build a Unified Cross-Chain Framework Wrapped bitcoin, ticker WBTC, is
Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel. Bitcoin price rebounds above $64,000 According to data from crypto.news, Bitcoin ($BTC) price traded near $64,100 late Tuesday, recovering from an intraday low around $63,300 and extending its
Shares of CoreWeave CRWV climbed 8.77% to $93.28 in morning trading on Tuesday after the AI cloud infrastructure company announced its expansion into Indonesia and received a bullish analyst initiation that reinforced optimism around its long-term growth prospects. The move marked CoreWeave’s first data center presence in the Asia-Pacific region. The company said it will
In an interview broadcast on “The Wolf Of All Streets,” a well-known channel in the sector, the institutional transformation that the cryptocurrency market has undergone and the price dynamics of Bitcoin were discussed in detail. The program, moderated by Andrew Parish, featured Bitwise Chief Investment Officer (CIO) Matt Hougan, Bitwise Research Analyst Ryan Rasmussen, and
SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to to $541 million as growth accelerated across its launch, Starlink and AI businesses. The company reported
The majority of surveyed Russian citizens fail to recognize significant use cases for cryptocurrency despite its upcoming legalization in their country. The finding comes before the enforcement of a comprehensive regulatory framework in September as Moscow seeks to take the reins of the growing market. Russians remain skeptical about crypto ahead of restrictive regulations Around
Crypto analyst Ali Martinez shared critical technical levels for Bitcoin, Hyperliquid, and $XRP, noting that the amount of $BTC being moved to exchanges and miner sales could increase selling pressure in the market. According to Martinez, Bitcoin is testing the upper boundary of a descending channel formation. Therefore, the $64,300 level stands out as a
History has a way of repeating itself, and right now, that’s exactly what the market seems to be pricing in. Of course, there’s no guarantee that past events will play out the same way again. But in trading, investors often look at historical patterns and previous cycles to guide their decisions. This sometimes creates the