Posts published on August 21, 2024 go to media archive 2/5

Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger

On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first…

SuperRare Rockets 222% In 7 Day Investors Load Up For Launch In New 1000X Cryptocurrency

Only a few tokens have captured attention as quickly and dramatically as SuperRare (RARE). Over the past week, SuperRare (RARE) has skyrocketed by 222%, a surge that has investors eagerly eyeing the next big opportunity in the market. With…

Render Whales Invest $500K In New Render Like Cryptocurrency, Here’s Why

Market trends can shift rapidly, and strategic investments by crypto whales—those with significant capital, often signal emerging opportunities. Recently, a group of Render (RNDR) whales made headlines by collectively investing $500K in a new…

Bitcoin Derivatives Signal Major Risk Of Explosive ‘Short Squeeze’ Rally Ahead

As the world’s largest cryptocurrency, Bitcoin (BTC), continues to consolidate between the $58,000 and $60,000 price range with no clear direction, a bullish signal from the derivatives market suggests the potential for sudden and sharp…

Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders

Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some…

Dormant Bitcoin Wallets From 2013 and 2014 Come Alive Moving $20.3M 

As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly…