Bitdeer to offer $330M convertible notes to expand operations
Bitdeer Technologies Group offers $330M in senior convertible notes to fund data center expansion and ASIC mining rig development, following a $150M raise in August 2024.
SPK Token Crashes Over 70% After Launch as Airdrop Recipients Trigger Selloff – Coinspeaker
SPK token crashed over 70% post-launch as airdrop recipients sold off 300 million tokens, erasing $120M in value. Spark’s $8B DeFi ecosystem faces tokenomics scrutiny amid liquidity struggles.
Bitcoin Price Prediction: Miners Selloff $3.1B BTC Holdings in 20 Days, What’s Next? – Coinspeaker
Bitcoin price struggles below $105,000 as miners sell 30,000 BTC worth $3.1B in 20 days, increasing market supply and downward pressure on BTC.
$8 XRP Breakout Brewing — SEC No Longer A Roadblock, Bullish Analyst Says
Analyst Crypto Beast predicts XRP could reach $8, citing regulatory clarity and a bullish chart pattern. The SEC no longer views XRP as a security, potentially fueling a breakout.
Distribution or death: Arthur Hayes says only exchange-backed or bank-linked stablecoins can thrive
Arthur Hayes argues that stablecoin issuers need access to large exchanges, Web2 platforms, or legacy banks to survive. Tether’s early network effect and Circle’s Coinbase partnership exemplify this. New entrants face high distribution costs and slim margins.
Trump’s Tariffs Just Reshaped Bitcoin’s Backbone – Mining Bitcoin News
Three major Chinese Bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating production to the U.S. to avoid tariffs on Chinese imports, reshaping the mining industry.
Worldcoin Price Prediction: Bearish Momentum Builds as Price Slips Below $0.91 with Weakening Open Interest – Brave New Coin
Worldcoin (WLD) price falls below $0.91 amid bearish momentum, with weakening open interest and no recovery signals. Sellers dominate as technical indicators show sustained downtrend.
1inch Exploit Victims Asked to KYC for Compensation Under Proposed Plan – “The Defiant”
1inch Foundation proposes a $768K compensation plan for victims of an October 2024 exploit, requiring KYC, police reports, and waivers, but faces unanimous opposition from voters.
Hyperliquid (HYPE) Price Prediction: Rising Channel Hints at a Move Towards $55 – Brave New Coin
Hyperliquid (HYPE) nears all-time highs with strong buybacks and bullish chart signals. Analysts predict a potential breakout towards $55, supported by rising income and staking activity.
Tokenized Treasuries Surge to $5.6 Billion, Fueling Growth in RWAs: CoinGecko – “The Defiant”
Tokenized U.S. Treasuries surged to $5.6B in 2024, driven by demand for real-world returns. BlackRock’s BUIDL fund leads with 44% market share. RWAs are becoming central in crypto, with stablecoins and commodities also growing.
