Bitcoin miners processed 144 exahashes in Q1 2024, outpacing ETF growth
Bitcoin miners like Marathon and Riot processed 144 exahashes in Q1 2024, securing the network amid ETF growth and regulatory scrutiny from the SEC.
Gemini Exchange files S-1 for 2024 Nasdaq IPO under ticker GEMI
Gemini Exchange filed an S-1 for a Nasdaq IPO under ticker GEMI, joining Coinbase and Kraken in 2024 with $1.2 billion in 2023 revenue.
Ripple CTO David Schwartz positions XRP Ledger as critical financial infrastructure with 1,500 TPS
Ripple CTO David Schwartz highlights XRP Ledger’s role in global finance, processing 1,500 transactions per second with partnerships like Bank of America and SBI Holdings.
S&P Dow Jones to launch blockchain-based Wall Street indexes in 2025
S&P Dow Jones will migrate Wall Street indexes to blockchain by 2025, involving Bitcoin and Ethereum, enhancing transparency and reducing settlement times by 70%.
Trump-backed miner targets Asian Bitcoin acquisitions in 2024
Trump-backed miner aims to acquire Asian Bitcoin assets, targeting undervalued operations. Bitcoin trades at $42,000, with mining difficulty at 70T. Focus includes Indonesia and Malaysia.
Gemini files for Nasdaq listing after $1.2 billion 2023 losses
Gemini filed for a Nasdaq listing despite reporting $1.2 billion losses in 2023, joining Coinbase and Kraken in pursuing public markets amid regulatory scrutiny.
Galaxy Digital converts Helios facility into AI data center with $1.4B loan
Galaxy Digital secured a $1.4B loan to repurpose the Helios mining facility into an AI data center, targeting Bitcoin mining and AI infrastructure expansion by 2025.
UAE crypto industry to rank second by 2025, says Chase Ergen
Chase Ergen predicts crypto will become UAE’s second-largest industry by 2025, surpassing real estate, with Bitcoin and Ethereum leading growth.
Gemini IPO faces $1.2B losses and Ripple loan in 2023 market downturn.
Gemini plans IPO despite $1.2B losses, Ripple loan; Bitcoin drops 5%, Ethereum falls 3% as market reacts to crypto exchange news.
Gemini hires GS, C, MS, Cantor for $10B IPO in 2024
Gemini appointed Goldman Sachs (GS), Citi (C), Morgan Stanley (MS), and Cantor as lead bookrunners for its IPO, targeting a $10 billion valuation in 2024.
