Author: Digicoinvision
Rumble Inc. (Nasdaq: RUM), the $2 billion video-sharing and cloud services provider, said it is exploring an all-stock acquisition of Germany’s bitcoin mining and AI data center operator Northern Data. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. […]
Just about three years ago, non-fungible token (NFT) brand Pudgy Penguins was nearing bankruptcy — now it’s projected to end the year with $50 million in revenue.CEO and owner Luca Schnetzler (better known as Luca Netz) built a fortune through Instagram before breaking into the toy industry. In the blockchain world, he was among the largest Pudgy Penguins holders, but like many in the community, he wasn’t happy with the collection’s price performance. In April 2022, the project was at an all-time low. He decided to strike, acquiring parent firm Igloo for $2.5 million in Ether (ETH).But soon, Netz had…
South Korean retail investors are pivoting away from Big Tech stocks in the United States into high-risk, high-reward crypto-linked equities. A Yonhap News Agency report citing data from the Korean Center for International Finance (KCIF) said the percentage of crypto-linked stocks in the top 50 net-bought stocks by South Korean investors rose from 8.5% in January to 36.5% in June before declining to 31.5% in July. The report added that net purchases of the top US Big Tech companies dropped to $260 million in July, down 84% from a monthly average of $1.68 billion between January and April. The KCIF attributed the shift…
The crypto market has seen steady gains over the past few days, driving the total market capitalization to new highs. After a brief pullback in recent weeks, investor confidence has returned, fueled by strong buying activity. Summary Crypto market capitalization hits $4.1 trillion, marking a recovery and fresh high in under a month. Bitcoin has climbed 2.6% in 24 hours, currently trading above. Bitcoin’s dominance remains high at 60%, stalling the long-anticipated altseaon. Crypto market capitalization has surged significantly over the past 24 hours, now valued at $4.1 trillion according to CoinGecko data. This marks the second time the market…
Key takeawaysGhost chains are blockchains that are technically operational but have little to no real-world usage, development, or community engagement.Common warning signs include stagnant developer activity, low transaction volume, inactive communities, and exchange delistings.Even well-funded or corporate-backed projects like Diem, KodakCoin, and Luna can fail if adoption and ecosystem growth stall.Investors and developers can avoid ghost chains by monitoring onchain activity, GitHub commits, token liquidity, and community health before committing resources.Ghost chain explained: Understanding dormant and inactive blockchain projectsA ghost chain refers to a blockchain that, while technically still running, has been abandoned by its developers and community. These are…
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, has made its first BTC purchases in August, marking five years since adopting Bitcoin as a treasury asset.Strategy acquired 155 Bitcoin (BTC) for $18 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday.Strategy’s new Bitcoin purchases were made at an average price of $116,401 per coin, with BTC starting the week at $114,000 and nearing all-time highs around $122,000 by Sunday, according to CoinGecko.An excerpt from Strategy’s Form 8-K. Source: SECThe acquisition increased Strategy’s Bitcoin holdings to 628,946 BTC, purchased for about…
Bitcoin’s price is trading at $120,677, with a market capitalization of $2.40 trillion and a 24-hour trading volume of $50.93 billion. Over the past day, the intraday range has spanned from $118,020 to $122,312, as traders navigate a technically bullish environment supported by recent breakouts and favorable momentum readings. Bitcoin On the daily chart, bitcoin […]
Turkish authorities have reportedly detained an Ethereum developer known as Fede’s Intern in Izmir.The arrest, disclosed by the developer on Aug. 10, has stirred debate in the crypto community, where many see it as a troubling precedent.Why was Fede’s Intern detained?While details about his detention remain sparse as of press time, Fede’s Intern stated that the Turkish authorities had accused him of enabling others to “misuse” the blockchain network.He wrote:“The minister of internal affairs of Turkey is saying I helped people misuse Ethereum.”However, no concrete examples or evidence of how he aided this have been made public, and the lack…
Key Takeaways Tron’s breakout above $0.30 is backed by strong technicals and rising social attention. Slight short bias in derivatives could spark a squeeze if bullish momentum continues. Tron [TRX] has maintained a steady upward trajectory in recent weeks, reflecting both technical strength and growing investor confidence. At press time, TRX traded at $0.3401, further cementing its position above key support. This level signals a healthy trend that is far from overbought conditions, often marked by multiples above 2.0. Also, the Mayer Multiple sat at 1.28, indicating TRX’s price is 28% above its 250-day Moving Average. Therefore, Tron’s rally appears…
Open Protocols Drive Innovation NWC — Nostr Wallet Connect — has an impressive technological lineage. Digital and physical connectors such as cables we use, or internet protocols, work best when they’re open and standardized. You don’t need permission to design a device that uses a standard connector; you don’t have to license special chips from a single company; you don’t need to pay fees to use the protocol. You simply need to follow the publicly available specification and ensure your device or app complies. The move toward universal, open connectors has been driven by foundational standards such as VGA (for…