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Texas-based Bitcoin mining company Core Scientific has announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which has been upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued privately to qualified institutional buyers. The initial buyers will be granted an option to acquire an additional $60 million in notes....

RCO Finance (RCOF), a nascent decentralized trading platform, offers Dogecoin (DOGE) traders an opportunity to trade the meme coin with up to 500X leverage.  With assistance from the platform’s AI-powered robo-advisor, the chances of winning leveraged trades have multiplied significantly. Hence, market players are starting to lean towards this game-changing innovation. This article contains all the important details about RCO Finance. RCO Finance’s Robo Advisor Comes In Handy For...

TL;DR Binance announced the addition of two new trading pairs available later this month. The company also revealed the delisting of several trading pairs, such as BLZ/FDUSD and BICO/BTC, with no significant impact on the prices of the involved cryptocurrencies. The Latest Listings Binance continues to update its services to respond to recent market trends and improve overall user experience. It said it will add two new trading pairs on Binance Spot: BONK/BRL and NOT/EUR. In...

Arthur Hayes, the co-founder of Bitmex, has made bold predictions about the future of Bitcoin. He believes that Bitcoin could reach $100,000 by the end of 2024 and potentially soar to $1 million by 2025. Hayes attributes this anticipated surge to the U.S. Treasury’s actions, particularly their liquidity injections into the economy. In a recent blog post, Hayes noted that the moves that are expected from Yellen, the U.S. treasurer, would affect most markets, including Bitcoin. He stated that...

As the market navigates the largest downturn of this cycle, investor sentiment in the digital asset market remains uncertain. Beneath the surface, however, Glassnode has found that there are clear signs of a resurgence in HODLing and accumulation. Signs of Accumulation Glassnode’s analysis of the on-chain investor response to these volatile market conditions indicates a growing inclination towards HODLing. Since bitcoin’s price reached an all-time high in March, the market...

The crypto market has seen its share of losses in 2024, where popular cryptos like Pepe (PEPE) and Shiba Inu (SHIB) have taken very huge falls. However, one crypto, the ETFSwap (ETFS) presale, has maintained stability and drawn attention of veterans and experts in the crypto space who predict its rise by 100x from its current low of $0.01831 to $1.8  ETFSwap’s (ETFS) Resilience Is Key To Price Rise  The ETFSwap (ETFS) token’s resistance to the volatility that the crypto market has...

Trump’s chat with Musk skipped crypto, defying big bets on Polymarket. Bitcoin’s omission from the interview reflects persistent cryptocurrency uncertainty. Former President Donald Trump’s interview with X CEO Elon Musk, which drew over a million listeners, had no mention of bitcoin (BTC) or cryptocurrency. The two-hour talk touched on issues such as illegal immigration, the economy, artificial intelligence, and global warming. The interview was delayed by 45 minutes owing to what Musk said...

Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the agency has failed to assess the rule’s economic impact on efficiency, competition, and capital formation. Despite acknowledging a lack of critical information on decentralized exchange (DEX) operations and compliance costs, Coinbase said the SEC has proposed vague benefits that...

Three Arrows Capital (3AC), the defunct crypto hedge fund, has its liquidators pursuing a $1.3 billion lawsuit against TerraForm Labs, the bankrupt digital assets company co-founded by Do Kwon. This legal action is part of ongoing efforts to recover funds for 3AC’s creditors following the fund’s collapse. 3AC Liquidators Pursue TerraForm Labs The Three Arrows Capital (3AC) liquidators are alleging that TerraForm Labs manipulated the market for Luna and TerraUSD, which led to...