News
The Thumzup Media Corporation provides a platform for influencers to market various products on social media to earn revenue.
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Stocks News
In the realm of finance, stocks represent ownership shares in a company and provide investors with a stake in its assets and earnings. Publicly traded stocks are bought and sold on stock exchanges, reflecting the company’s performance and investor confidence.
The concept of stocks in the cryptocurrency world translates into different tokens or digital assets that stand in for ownership in blockchain-based platforms or projects. These cryptocurrency tokens, which are frequently a part of decentralized finance projects, give their owners dividends or the ability to vote on the project’s outcome.
Additionally, initial public offerings have found their counterparts in the crypto world through initial coin offerings (ICOs) and security token offerings (STOs). ICOs allow crypto startups to raise funds by offering their native tokens to investors. Similarly, STOs issue security tokens, representing ownership in the company and adhering to regulatory guidelines. A notable example is Coinbase, a prominent cryptocurrency exchange that went public through a direct listing, allowing traditional investors to participate in the crypto market indirectly.
- Market Analysis
Bitcoin price hit new highs today, but surging US debt and concerning housing data raise fears of a recession-led Bitcoin drop toward $95,000.
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SEC commissioner Hester Peirce echoed former chair Gary Gensler in calling for market participants to “consider meeting with the Commission and its staff.”
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Robinhood is trading near all-time highs as its expanded push into crypto and blockchain continues to pay off.
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SharpLink Gaming’s total Ether holdings hit 205,634 ETH after its latest round of buys, which it will commit to staking.
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With eyes on tokenized gold, the companies plan to merge and launch a gold-backed treasury business.
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CoreWeave agreed to purchase Core Scientific in an all-stock deal valued at $9 billion.
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Bitcoin miners had a mixed bag in June, with Australian-based miner IREN reporting a record-breaking month for revenues, but lower Bitcoin production.
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Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.
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Bit Digital is now the second-largest publicly traded ETH holder, behind Coinbase.
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CoreWeave acquires Bitcoin mining giant Core Scientific for $9 billion in an all-stock deal, boosting its data center capacity for AI and high-performance computing.
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Michael Saylor’s Strategy skipped weekly Bitcoin buys for the first time since April, announcing a new $4.2 billion stock sale and reporting $14 billion in unrealized gains in Q2.
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The company’s Solana stack is now worth almost $98 million. The firm’s stock price is up 2,733% year-to-date.
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The mining companies opened sharply higher on Thursday after US nonfarm payrolls surprised to the upside.
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USDC transactions on BitPay accounted for almost double that of USDT in 2024, but the trend has shifted in favor of Tether this year.
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