Author: driver789
Thomas Lee’s BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout.On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise.The shares are expected to trade on the New York Stock Exchange under the ticker BMNP if the listing is approved. Moelis & Company and Cantor are serving as joint lead bookrunners.If sold in full, the offering would add about $28.5 million in annual dividend obligations, paid weekly when…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Ethereum traded near $1,777.96 on June 4 after falling 5.07% in 24 hours, according to crypto.news price data. Summary Ethereum price fell below $1,800 as sellers tested the $1,825 channel floor and key support zone. RSI and Supertrend remain bearish, but exchange supply and staking data show tighter available supply. Analysts now watch $1,700, $1,500, $2,022 and $2,360 as the next major price levels today. The token also lost 10.21% over seven days as the wider crypto market stayed under pressure. The latest move pushed ETH below the $1,825 area watched by analyst Ali Martinez. It also placed the asset…
🚨 ABD CFTC, 1998’den beri uygulanan kamuya açık inkar yasağını kaldırdı.📌 Kurum, bu politikanın eleştirilerden kaçındığı izlenimi yaratmış olabileceğini açıkladı.💬 Kripto şirketleri, kuralın ifade özgürlüğünü sınırladığını uzun süredir savunuyordu.📉 Gemini ile 5 milyon dolarlık uzlaşmanın iptali talebi, düzenleyici çizgideki değişimi güçlendirdi. Devamını Oku:ABD CFTC, dava uzlaşmalarındaki kamuya açık inkar yasağını kaldırdı ABD CFTC, dava uzlaşmalarındaki kamuya açık inkar yasağını kaldırdı yazısı ilk önce COINTURK üzerinde ortaya çıktı.
BitMine has moved to raise $300 million through a preferred stock sale as the Ethereum treasury firm turns to dividend-paying securities for fresh capital. Summary BitMine filed to offer $300 million in Series A perpetual preferred stock with a 9.5% annual dividend rate. The preferred shares are expected to trade on the NYSE under the ticker BMNP, subject to approval. BitMine holds more than 5.4 million ETH as it approaches its 5% of the Ethereum supply target. The offering comes as crypto treasury firms test preferred stock funding during pressure on digital asset prices. According to a Wednesday filing with…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is losing momentum after breaking below the $1,900 mark — a level that had been holding as the last meaningful support before the price structure enters territory not seen since the depths of the previous cycle. The breakdown is significant — and a CryptoOnchain analysis has identified a structural divide in the on-chain data that explains the current weakness in a way that is more nuanced than straightforward selling pressure. The divide sits between Ethereum’s illiquid and liquid supply layers — and they are moving in…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and onchain settlement through regulated stablecoins. The company said the new options are designed to give its partners more flexibility in managing settlement liquidity and timing. The expansion shows stablecoins moving deeper into mainstream financial infrastructure as major payments networks test tokenized dollars for settlement. It follows Mastercard securing a New York BitLicense in May, allowing its US transaction services unit to…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto market expert has shared reasons why believes that despite the ongoing bearishness in the market right now, Ethereum (ETH) is still a better investment than Solana (SOL). Over the past few months, Ethereum has been in a slump, with its price falling below key support levels and underperforming the broader market. Meanwhile, Solana has seen its fair share of declines, plummeting by over 10% this past week. Despite the weakness across both assets, the analyst still picks Ethereum over Solana, citing ETH’s bullish drivers beyond…