Crypto News
Bitmine Immersion Stock Sheds Another 20% After $2B ATM Offering
Shares of Bitmine Immersion Technologies (BMNR), the ether (ETH) treasury strategy firm helmed by Fundstrat's Thomas Lee, slid 20% Thursday, extending a 40% drop from the previous day, as the company disclosed plans to raise up to $2 billion through a stock sale agreement.The selloff comes on the heels of Bitmine closing a $250 million funding round and securing an at-the-market (ATM) stock offering deal with Cantor Fitzgerald and ThinkEquity, according to a Wednesday SEC filing. Cantor will act as the lead agent, selling shares directly into the market over time at the company’s discretion.The decline follows a parabolic run for Bitmine, which had surged 3,000% after announcing an Ethereum-focused treasury strategy and naming Fundstrat’s Tom Lee as chairman of...
Myriad Protocol Launches With Multichain Expansion to Ethereum L2 Linea
With key components being built on EigenCloud, Myriad Protocol is designed to power prediction markets "everywhere, for everyone.”Source link
Optimism (OP) Price Analysis and Forecast: Is a Breakout on the Horizon?
Optimism (OP) surges 6.67% in 24 hours, trading at $0.59. Backed by strong momentum indicators and recent developments, traders eye $0.62 resistance for short-term gains. (Read More)Source link
Chainalysis Integrates TON, Enhancing Blockchain Analysis Capabilities
Chainalysis has integrated The Open Network (TON) into its suite of products, bolstering blockchain analysis and compliance capabilities for its users. (Read More)Source link
Bitcoin ETFs Score 5th Day of Inflows as Ether ETFs Hit Record-Breaking Volume
Bitcoin exchange-traded funds (ETFs) secured their fifth straight day of inflows with $218 million, led by Blackrock and Ark 21shares. Ether ETFs saw an even bigger day, raking in over $211 million as trading volume hit an all-time high. $429 Million in Combined Inflows on Breakout Trading Day for Bitcoin and Ether ETFs The cryptoSource link