Riot Platforms completes $525M offering to buy Bitcoin

Key Takeaways Riot Platforms raised $525 million to fund Bitcoin purchases and operations. Riot currently holds 12,000 Bitcoin, valued at approximately $1.2 billion. Share this article Riot Platforms, a leading Bitcoin mining company, has completed its $525 million senior note offering, according to a filing with the SEC. The private offering, initially announced earlier this…

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Solana meme coin $PNUT surges 20% on Coinbase listing news

Key Takeaways PNUT surged 20% after Coinbase added it to its listing roadmap. The meme coin’s market cap reached $1.34 billion, overtaking POPCAT and MOG COIN. Share this article Coinbase has announced plans to list PNUT meme coin, sparking a 20% price surge. Assets added to the roadmap today: Peanut the Squirrel (PNUT)https://t.co/rRB9d3hSr2 — Coinbase…

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What is a firmware update? Learn why it’s important

Share this article Firmware updates are a critical aspect of maintaining cryptocurrency mining hardware like ASICs. Firmware, the software embedded directly into hardware, ensures functionality and operational security. Regular updates are essential to address vulnerabilities, improve performance, and extend hardware lifespan. An ASIC firmware update can significantly enhance mining efficiency. For example, upgrades often resolve…

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US November CPI matches expectations, Fed rate cut likely ahead

Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are anticipating a quarter-point reduction in the federal funds rate at the upcoming Federal Reserve meeting. Share this article Fresh November CPI data out Wednesday showed consumer prices increased as expected, keeping the Federal Reserve on…

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Lessons from $LUIGI as $SLAP Gains 220%

As meme coins continue to win over the public’s hearts and wallets, analysts wrestle with their irreverent, often degenerate appeal. Take $Luigi, a meme token inspired by Luigi Mangione, the lead suspect in the December 4 shooting of UnitedHealthcare CEO, Brian Thompson. The coin soared to a $77 million market cap just two days after…

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Solana Will ‘Step Back Into The Spotlight’ Once It Reclaims $222 – Details

Este artículo también está disponible en español. Solana has faced a sharp 23% correction since reaching new all-time highs nearly three weeks ago. This pullback, though significant, reflects broader market conditions as Bitcoin and altcoins enter a phase of indecision. The market is currently searching for support and consolidating below critical levels, with investors closely…

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