Crypto News
Publicly Traded Healthcare Firm Embraces XRP With Crypto Reserve
Wellgistics Health, a publicly traded healthcare infrastructure firm, plans to accept payments in XRP and will add the token developed by Ripple Labs to its corporate treasurySource link
Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting
Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street's estimates, as the company's focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with the bitcoin BTC price improving in the second quarter of this year and MARA focusing on more sustainable energy sources such as solar and flared gas-driven data centers, power costs should come down in the coming quarters and help margins. "MARA is expanding infrastructure at its 114 MW wind farm and has fully energized its 25 MW micro flared gas data center, both of which should drive down power costs," said analyst Jonathan Petersen in a note. If the mining firm continues to...
Square Enix Is Bringing Its NFT Game to Sony’s Ethereum Network
Ahead of its final chapter, Square Enix's Symbiogenesis is expanding to Sony’s Soneium network with exclusive rewards and gaming collabs.Source link
Bitcoin Continues Six-Figure Rally While Stocks Stumble
Sentiment on Wall Street was mixed ahead of the Trump administration’s meeting with China, but bitcoin has continued to surge, for now. BTC Rises as Stock Markets Wobble Traditional markets rallied on Thursday after U.S. President Donald Trump announced a trade deal with the United Kingdom. The agreement will reduce tariffs and spur trade betweenSource link
CoinDesk Weekly Recap: Even ETH Is Up
It was a pretty positive week for crypto as prices rose, big deals were signed, and stablecoins continued to penetrate deep into the financial system. Even ETH, a perennial downer of late, rose sharply, reaching nearly $2300 at press time. The CoinDesk 20, a barometer for the whole market, has risen 15%-plus since Monday. Bitcoin was near ATH levels this week on the back of more positive “trade” news. Bearish positions were liquidated and ETF flows were up, Omkar Godbole reported. ETH’s resurgence may have had something to do with its Pectra upgrade, which went off without a hitch (as Ethereum upgrades tend to). Pectra will make staking easier (and bigger) and boost efficiency. Margaux Nijkerk, our Ethereum reporter, had...