Morgan Stanley has started formally analyzing the three major publicly traded Bitcoin miners. They argued that these miners should not be viewed as a cryptocurrency bet; instead, they should be valued as an infrastructure business. The bank has given overweight ratings on Cipher Mining and Terawulf, while giving Marathon Digital
Cathie Wood-led Ark Invest bought additional shares of Bullish on Monday as the stock posted a sharp rally alongside broader strength in equity markets. This move reflects Ark’s continued confidence in crypto-related equities, even in the presence of volatility in the prices of digital assets. According to Ark’s disclosure of
BitMine Immersion Technologies continues to strengthen its Ethereum holdings as part of its broader digital asset strategy, as it bought around 40,000 ETH in the last 12 hours from two separate crypto companies worth around $83.38 million amid Ethereum’s weak market situation. As per the Lookonchain data, BitMine bought 20,000
Ripple has continued to improve its institutional offering by enhancing its custody offering with strategic partnerships. Ripple transformed its custody offering with the integration of strategic partners. The company also integrated hardware security modules with its custody offering, with a view to providing digital asset protection. Ripple also partnered with
The financial technology trade groups, headed by the American Fintech Council, have requested the Federal Reserve to proceed with a plan that would provide some non-bank financial companies direct access to U.S. payment rails. The Chief Executive Officer of the American Fintech Council, Phil Goldfeder, gave a statement on February
The MegaETH mainnet is launching today, which marks a major step for the Ethereum ecosystem as it is designed as a Layer‑2 blockchain, and operates independently while using Ethereum’s security. According to Infinex’s post, MegaETH is going live at 9 am EST. The deployment coincides with a significant integration into
A cryptocurrency wallet, which was linked to last year’s Infini exploit, has been active again after six months of silence. Blockchain trading firm says that the wallet bought millions of dollars’ worth of Ethereum during the recent price drop and then sent it to the private mixing service, which is
TON Foundation has rolled out TON Pay, a new payments SDK designed to incorporate crypto payments into the Telegram ecosystem. TON Pay’s aim is to turn Telegram into a crypto payment system for Toncoin and other cryptocurrencies. TON Pay is a wallet-agnostic payment system for merchants and Mini App developers.
The top meme coin, Dogecoin (DOGE) is trading with subdued momentum, reflecting consolidation in a range after recent volatility. DOGE has swung between approximately $0.09258 and $0.09844 on intraday action, with a market response following earlier weakness in broader crypto markets. At the time of writing, the meme coin priced
Today, at press time, the crypto assets are charted in the red, nurturing the bearish tone, shedding by over 2.65% in market cap, reaching the $2.35 trillion mark. With the market-wide extreme fear, the majority of the digital assets have been losing momentum continuously. Notably, Bitcoin (BTC) has slipped below
