Author: Digicoinvision

Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot toward artificial intelligence (AI) infrastructure.CleanSpark announced a $1.15 billion senior convertible note offering on Tuesday, aiming to raise more capital to expand its Bitcoin (BTC) mining operations.The miner estimates it will raise about $1.13 billion in net proceeds, or $1.28 billion if the initial purchasers exercise their full options to purchase additional convertible notes. The offering is expected to close on Nov. 13, subject to satisfactory closing conditions.Cleanspark said it will use $460 million of the proceeds to repurchase common…

Join Our Telegram channel to stay up to date on breaking news coverage The XRP price jumped more than 9% after the Depository Trust and Clearing Corporation (DTCC) listed five spot XRP ETFs (exchange-traded funds), as optimism grows that a deal to end the US government shutdown is near. The listings on the DTCC website were from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, which appeared under DTCC’s “active and pre-launch” category, often viewed as signaling readiness for market debut. XRP was trading at $2.46 as of 12:58 a.m. EST after erasing last week’s losses, according to CoinMarketCap.  XRP…

The cryptosphere is keeping a close eye on Ethereum (ETH), as the second-largest cryptocurrency by market cap demonstrates resilience amid market shakes. Related Reading While spot ETF outflows are causing concern in some quarters, underlying network fundamentals and technical charts are painting a cautiously optimistic picture, with analysts pointing to a potential move toward the $4,400 mark. Ethereum ETF Outflows and Institutional Sentiment Despite ETH’s recent price recovery, institutional sentiment appears to be on firmer ground even as exchange-traded funds (ETFs) tied to Ethereum record sizeable outflows. Data show that Ethereum spot ETFs suffered a net outflow of approximately $508…

Bitcoin OG Willy Woo has suggested a way to keep your Bitcoin safe until there’s a solution to the quantum Bitcoin threat — hodling your Bitcoin in a SegWit wallet for around seven years. Quantum computing has been a long-feared (and debated) inflection point for the crypto industry. Computers capable of breaking encryption have been theorized to have the capacity to reveal user keys, expose sensitive data and user funds.In an X post on Tuesday, Woo floated one “intermediary measure,” involving the transfer of one’s Bitcoin to a SegWit-compatible address, and holding the Bitcoin there until a quantum-safe protocol is developed.SegWit,…

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin, Ethereum and XRP surged as a deal to end the US government shutdown neared and President Donald Trump pledged a $2,000 stimulus check for Americans. XRP led gains among the biggest cryptos with a 10% surge, while BTC climbed 4%, and Ethereum 6% as market sentiment turned positive. Bitcoin was able to bounce back from a 24-hour low of $101,521.76 to briefly break above the $106K mark and establish a daily high of $106,564.70. It has since retraced slightly to trade at $106,276.55 as of 3:04…

Ethereum is once again knocking on a major resistance level, sparking fresh excitement across the market. After a steady climb, ETH now faces a crucial test near the $3,700 mark, a zone that could determine whether bulls reclaim control or if another pullback is on the horizon Ethereum’s Uptrend On The Line — Will Buyers Step In? According to Crypto King, a well-known crypto analyst, ETH has reached a crucial point on the daily chart that could determine its next major move. The analyst noted that ETH’s price action is currently hovering around a key level, making this moment critical…

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year as the price of Bitcoin grew significantly from a year ago, along with expanded mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million. “These increases were primarily due to the increase in average Bitcoin prices during the periods, partially offset by…

Join Our Telegram channel to stay up to date on breaking news coverage Jim Chanos has confirmed that his investment firm Kynikos Associates has unwound its short position on Michael Saylor’s Strategy, a move one analyst said could signal the end of the bear market for Bitcoin treasury firms. Chanos, a veteran investment manager who is best known for shorting Enron before its collapse in 2001, said the move came after Strategy’s share price plunged 50% from its peak, and with its market Net Asset Value (mNAV) now compressed to 1.23x.  As we have gotten some inquiries, I can confirm…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Ethereum Open Interest has gone up by nearly $2 billion during the past day, a sign of leveraged bets being opened. Ethereum Open Interest Has Observed A Strong Rise As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Open Interest has just shot up for Ethereum. This indicator keeps track of the total amount of derivatives positions related to ETH that are currently open on all centralized exchanges. When the value of the metric rises, it means the…

Payment processor Square has launched its Bitcoin payment feature for sellers, allowing them to opt in and accept Bitcoin at checkout through its point-of-sale system.Jack Dorsey, co-founder of Block, which owns Square, said in an X post on Monday that with the new feature, merchants using Square can receive Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin or fiat to fiat payments.At the same time, Jacob Szymik, an account executive at Square, stated that Bitcoin (BTC) payments are currently only available for in-person purchases and point-of-sale terminals, but online and invoicing options are “in the works,” and teased that…