American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired a majority stake in American Bitcoin (formerly American Data Centers), whose…
Key Takeaways Multiple altcoins experienced sudden price declines on Binance, including a 50% drop for ACT. Binance’s position limit adjustments might have contributed to the market volatility and forced liquidations. Share this article Several altcoins experienced sharp price drops on Binance on Tuesday, with Act I: The AI Prophecy (ACT) plunging 50% from $0.18 to…
A pesar de las ganancias del 2.2% de Bitcoin el 1 de abril, BTC (BTC) no ha negociado por encima de $ 89,000 desde el 7 de marzo. A pesar de que la reciente debilidad de los precios a menudo está vinculada a la creciente guerra comercial global liderada por Estados Unidos, varios factores ya…
The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space. Shiba Inu Milestone: 1 Billion…
Crypto stablecoin issuer Circle Internet Group has filed with the US Securities and Exchange Commission to go public on the New York Stock Exchange. The USDC (USDC) issuer is planning to list its Class A common stock under the symbol “CRCL,” according to its April 1 Form S-1 registration statement with the SEC. Circle’s prospectus…
El senador de Texas, Ted Cruz, propuso un proyecto de ley destinado a incentivar a los mineros criptográficos para usar gas acampanado para la generación de energía en el estado. En un aviso del 1 de abril, Cruz dijo que había introducido el Facilit de Facilit de Emisiones Atmosféricas Lanzadas, o Flare, actúa en el…
Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe. According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account. Backpack has not set a deadline for…
Key Takeaways Circle has filed for an IPO with SEC to list on NYSE under the ticker CRCL. The IPO comes as Congress advances stablecoin legislation and Trump-backed World Liberty Financial announces plans to launch a stablecoin. Share this article Circle, issuer of the second largest stablecoin USDC, filed for an initial public offering with…
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Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH…
