News
Aluminum Giant Alcoa to Sell Dormant Smelter to Bitcoin Miner NYDIG: Report
50+ min ago (396+ words) Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers. US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle…...
Bitcoin Whale Buyers in Focus as Coinbase Premium Teases Comeback
2+ mon, 1+ week ago (357+ words) Bitcoin logged its first positive Coinbase Premium since mid-January as BTC stabilized near $70, 000, signaling easing sell pressure in defensive markets. Bitcoin (BTC) saw price stability after Monday's Wall Street open as gold eyed new February highs. Bitcoin price forecasts expect…...
Agora Raises $50 M Series A Led by Paradigm to Expand AUSD
9+ mon, 1+ week ago (557+ words) Agora, founded by Nick van Eck, aims to boost adoption of its white-label stablecoin platform with $50 million from Paradigm and Dragonfly. Stablecoin issuer Agora raised $50 million in a Series A funding round led by crypto venture firm Paradigm. The investment…...
Ether Machine Abandons Public Debut as Dynamix Merger is Terminated
1+ week, 3+ hour ago (386+ words) The Ethereum treasury company had aimed to launch a $1. 5 billion yield-bearing ETH fund, but will not following a mutual decision to end the deal. Ether Machine has called off its planned public debut after the Ethereum treasury-focused company and Dynamix…...
Galaxy lowers Bitcoin 2025 Forecast From 185 K to 120 K
5+ mon, 1+ week ago (299+ words) Galaxy pointed to changing liquidity patterns and leveraged liquidations as key reasons for cutting its Bitcoin price outlook. Investment company Galaxy lowered its 2025 Bitcoin price forecast to $120, 000 from $185, 000, citing several headwinds and dampened price volatility due to passive investment flows…...
Nium Launches Stablecoin Card Issuance Platform on Visa, Mastercard
2+ week, 6+ day ago (345+ words) Nium has launched a platform enabling businesses to issue stablecoin-funded cards that convert balances into fiat at the point of sale via existing networks. Global payments infrastructure provider Nium has launched a platform that allows businesses to issue stablecoin-funded cards…...
Nic Carter: Bitcoin Must Face Quantum Threat to Beat Ethereum
3+ week, 4+ day ago (463+ words) Crypto entrepreneur Nic Carter claims that Bitcoin developers still have their "head in the sand" when it comes to making Bitcoin quantum-resistant, compared to Ethereum. Crypto entrepreneur Nic Carter has urged Bitcoin developers to catch up on quantum resistance or…...
Movement Labs terminates co-founder Rushi Manche, launches new firm
11+ mon, 1+ week ago (616+ words) Movement Labs has terminated co-founder Rushi Manche following controversy surrounding a market maker deal with Rentech and Web3 Port that triggered significant price drops. Movement Labs confirmed the termination of its co-founder, Rushi Manche, following controversy over a market maker deal…...
Market maker deals are quietly killing crypto projects
1+ year, 2+ day ago (1268+ words) Market makers are turning token loans into a profit machine and a death spiral for smaller crypto projects. The right market maker can be a launchpad for a cryptocurrency project, opening the door to major exchanges and providing valuable liquidity…...
Movement Labs suspends co-founder following MOVE market turmoil
11+ mon, 2+ week ago (494+ words) Movement Labs suspended co-founder Rushi Manche after controversy over a market maker deal he brokered, which triggered a third-party investigation and Coinbase's delisting of MOVE. Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market…...