In a recent Twitter statement, Marc Cuban highlighted the discrepancy in the Securities and Exchange Commission’s (SEC) approach towards the stock loan industry compared to crypto assets. Cuban pointed out that while the SEC labels the stock loan industry as “opaque” and emphasizes...
Crypto mining data center Soluna Holdings (SLNH) shares experienced a significant 12.25% increase on May 15 as it announced a $14 million funding agreement with Navitas Global, which is earmarked for the completion of Project Dorothy 1B in Texas. This infusion of funds...
Bitcoin is trading around the $28,000 mark, after trading higher. The churn comes after news that the First Republic Bank is close to seizure by U.S. authorities. BTC was over $28,000 mark Bitcoin bulls have reemerged, following the recent decline, to push the...
Recent reports indicate that Signature Bank insiders disposed of over $100 million in shares in the three years preceding the Bank’s fall. Insiders sold $100 million in stock Signature Bank stock plunged dramatically a few weeks ago in what has been termed the...
Block Inc.’s stock currently trades at $62.66, experiencing a loss of 13% today and 12% over the past month. This significant fall in price followed the release of an alarming report by Hindenburg Research. On March 23, Hindenburg Research revealed short positions in...
Rising bitcoin output and a full year of data center hosting and engineering revenues pushed Riot’s overall revenue in 2022 up to $259.2 million from $213.2 million the previous year. Formerly known as Riot Blockchain, bitcoin infrastructure specialist Riot Platform is a publicly listed bitcoin...
Grayscale Bitcoin Trust (GBTC) is making waves in the market as its share price surged by almost 9% on March 7. The reason behind this could be a reversal of the SEC’s longstanding opposition to a bitcoin ETF. GBTC 5-day price chart |...
The Tel Aviv Stock Exchange has published a proposal to allow non-banking members (NBMs) to safely offer their customers bitcoin (BTC) and altcoins trading services. To make it easier for non-bank institutions based in Israel and registered under its umbrella to offer their...
Yesterday, Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the US, sent shockwaves through the cryptocurrency markets with a single tweet. 1/ We’re hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail...