XRP Edges Closer to $1 as Bulls Watch
XRP slipped toward $1.13 Friday, hitting four-month lows. Traders weighed signs of new institutional buying against a chart that hasn’t responded to bullish headlines.
BitMine touts 9.5% yield on Ether, but Tom Lee’s crypto firm adds conditions
BitMine Immersion Technologies filed a plan to sell 3 million Series A perpetual preferred shares. The shares come with a 9.50% yearly dividend. If all are sold at $100 each, the raise would total $300 million. According to the preliminary prospectus, dividends are set to be paid out weekly in cash when the board declares them.
Nu Holdings Up After $1 Billion Buyback Plan, Analysts Cautious
Nu Holdings Ltd. shares climbed Thursday midday. The move followed news that the Nubank parent signed off on a $1 billion buyback. The news comes after several analyst downgrades and fresh concerns about the company’s CFO switch.
BitMine 9.5% Yield Move Brings Ether Treasury Into Focus
BitMine Immersion Technologies shares ticked up Thursday as the company, focused on ether, announced plans to issue a new preferred stock with a 9.50% annual dividend. The move is an early funding test for a business now closely tied to crypto prices.
Bitcoin strategy shift is causing more headaches for crypto
Bitcoin slipped under $63,000 on Thursday. A minor sale by Strategy Inc. added to selling in a market hit by outflows and less demand for crypto risk. Bitcoin was changing hands around $62,464, off roughly 6.7% for the day. Shares of Strategy dropped about 7% in early U.S. trading.
BitMine Faces Tough Market Check on $11.6B Ether Play
BitMine Immersion Technologies shares dropped Wednesday as ether tumbled and investors focused on one of the biggest corporate investments in the Ethereum blockchain.
Marathon Digital Drops as Bitcoin Tops $70,000; Eyes on AI Push
MARA Holdings stock dropped Tuesday with bitcoin sinking below $70,000. The move adds pressure to the miner, which has been telling investors it is now more than just a leveraged play on bitcoin.
Bitmine Faces Market Jolt as $11.6B Ether Position Hits Rough Patch
Bitmine Immersion Technologies shares dropped late Tuesday after the crypto-treasury firm reported that its ether holdings rose to 5.42 million tokens. The move makes the stock a more direct gauge for investor demand in big public-company positions on digital assets.
Hyperscale Data soars 46% after GPUS Bitcoin move draws new attention
Hyperscale Data Inc. shares jumped Tuesday afternoon, drawing eyes back to the low-priced stock after it pushed a story that now touches on AI data centers, Bitcoin, and balance-sheet moves. GPUS was last at $0.258, up 45.9% from Monday’s $0.1768 close. Trading volume was close to 244 million shares, according to market data.
HIVE Stock Sees 158% Revenue Surge, Big Tasks Ahead
HIVE Digital Technologies shares traded higher in early Nasdaq action Tuesday, with the Bitcoin miner and AI infrastructure name posting higher full-year revenue. A rough fourth quarter and lower Bitcoin put a lid on the move. The stock last changed hands at $4.89, up 13 cents. Volume was 15.7 million, and the shares moved between $4.18 and $4.93.
XRP Drops Below $1.30, Eyes $1.20 As Next Level
XRP slid under $1.30 Tuesday, setting new 15-week lows as heavy selling in bitcoin pushed big crypto tokens lower and traders watched support at $1.26. CoinDesk reported XRP dropped below the level on the day’s highest volume, adding to its stretch of lower highs and lows.
Bitcoin Dips Below $70,000 After Small Strategy Sale
Bitcoin dropped under $70,000 on Tuesday, sliding for another session. Traders pointed to Strategy’s first reported bitcoin sale along with heavy ETF redemptions and fresh Middle East worries. The price hovered around $69,900, while ether traded just below $1,980.
SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention
SoFi Technologies climbed on Monday, building on a recent rebound. Investors bought into the online bank’s new dollar-linked stablecoin, part of a wider move into fintech stocks.
Michael Saylor Sells Bitcoin; Strategy Investors Look Ahead
Strategy Inc. shares dropped Monday as the company revealed it had sold 32 bitcoin for roughly $2.5 million—marking its first bitcoin sale since December 2022 and a notable shift from Michael Saylor’s buy-and-hold push. The company said it unloaded the coins between May 26 and May 31 at an average net price of $77,135.
MARA Stock Climbs While Bitcoin Sinks — The AI Power Bet Traders Are Watching
MARA Holdings shares rose in late-morning trading on Monday, bucking a drop in bitcoin as investors weighed the miner’s shift toward power-backed artificial intelligence infrastructure rather than just coin production.
Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up
Sphere 3D Corp. shares surged roughly 57% in busy Nasdaq trading Monday after the bitcoin miner said it closed its merger with Cathedra Bitcoin. The companies said the deal will make for a bigger power-backed digital infrastructure business. The stock last traded at $2.99, down from a high of $4.32 earlier, with more than 55 million shares changing hands.
SoFi Shares Back in Focus Ahead of Stablecoin Launch Test
SoFi Technologies shares traded up in premarket Monday, adding to gains from late May as the online bank’s new dollar stablecoin has become the main driver for the stock going into June.
Bitmine Stock Heads Into Key Week With $12.3 Billion Ether Play and Russell Review
Bitmine Immersion Technologies shares started the week roughly flat, still drawing attention as the crypto-treasury firm showed up on FTSE Russell’s latest preliminary additions for the Russell 3000 Index.
MARA Stock Leads During Short Week as Focus Shifts Ahead
MARA Holdings stock finished the holiday-shortened week up. The Nasdaq was closed Monday for Memorial Day and then for the weekend. MARA ended Friday at $14.38, gaining 2.2% for the session and rising roughly 4.1% from its May 22 close.
XRP Stays Flat, Even as ETF Flows Shift
XRP stuck close to $1.34 on Sunday after a choppy end to May. There wasn’t a clear upside breakout, but flows into XRP-linked funds stayed positive. CoinGecko priced XRP at $1.34, off 0.4% in 24 hours and down 2% for the week. 24-hour trading volume was about $1.17 billion and total market value was near $82.8 billion.