Riot Platform’s share price has surged to the highest point since April 2022. This rally is happening as Bitcoin remains at $30,000. Riot Platforms stock price has made a bullish breakout even as Bitcoin remains in a deep consolidation phase. The stock has risen in the past three straight days and is now trading at the highest level since April last year. In all, the shares … [Read more...] about Riot Platforms stock price is defying gravity as Bitcoin sleeps
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Bitcoin Slides Toward $46,000, Dropping Alongside U.S. Stock Market
“The sell wall at $49,200 has muted all attempts to push higher and get the market believing again,” Matt Blom, head of sales and trading at the digital-asset firm Eqonex, wrote Thursday in a newsletter. “Hopes and dreams of BTC north of $100,000 have been shattered.” Source link … [Read more...] about Bitcoin Slides Toward $46,000, Dropping Alongside U.S. Stock Market
Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report
Brazil’s only stock exchange, B3, plans to enter the crypto market in 2022, InfoMoney reported, citing a Dec. 10 presentation from B3 President Gilson Finkelsztain.B3 is exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service (CaaS) segments, InfoMoney reported.The San Pablo-based stock exchange is also considering services to facilitate … [Read more...] about Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report
Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
The S&P 500 and the Nasdaq Composite rose 3.8% and 3.6% last week, their biggest weekly ascents since early February, even as a report showed U.S. inflation climbed to a four-decade high in November, sealing the deal for a faster unwinding of the crisis-era stimulus by the Federal Reserve (Fed). The Dow snapped a four-week losing trend with a 4% rally and bitcoin ended a … [Read more...] about Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
Silvergate Bank Looks to Raise $461M in Public Stock Offering
Silvergate Bank is looking to raise around $461 million through sale of 3.31 million shares of common stock.The crypto-focused bank estimates that net proceeds will be around $532 million if underwriters exercise their option to purchase additional shares in full, according to a filing Wednesday.Silvergate intends to use the net proceeds to supplement its regulatory capital … [Read more...] about Silvergate Bank Looks to Raise $461M in Public Stock Offering