Bitcoin BTC miner Riot Platforms (RIOT) said it sold 1.75 million shares of rival Bitfarms (BITF) for about $1.58 million as part of a continuing review of its investment in the company following an unsuccessful takeover bid that saw its stake in the company rise to almost 15%. The shares, sold on June 9 over […]
Asia Morning Briefing: BTC Slips Below $110K as ‘Signs of Fatigue’ Emerging
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is trading below $110,000, changing hands at $109.7K, as Asia […]
Aptos’ APT Gains 4% on Significant Volume, Has More Potential Upside
Aptos’ APT token rallied more than 4% on significant volume, with momentum indicators suggesting more potential upside, according to CoinDesk Research’s technical analysis model. The digital asset broke out of its consolidation phase between $4.65-$4.73, establishing strong support at $4.73 before pushing through previous resistance levels to establish a new local high, according to the […]
Circle Goes Full Circle
By sheer luck, I had an opening bell media hit with NYSE TV this last Thursday, the day Circle listed as CRCL. The NYSE studio is upstairs at gallery level. I’d first visited the NYSE on the same gallery balcony as a boy with my Dad. I remember getting the impression that IBM was a huge company that […]
Sony’s Layer-2 Blockchain Soneium Unveils Gaming Incubator
Soneium, the Ethereum overlay blockchain linked to 78-year-old Japanese electronics giant Sony, unveiled a new incubator program, Soneium For All, to accelerate consumer and gaming applications within its 7 million-user blockchain ecosystem. As crypto continues its march into the mainstream, traditional technology companies, the Apple’s and Ubers of this world, are looking to the tech […]
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