Crypto

PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund. The agreement will see Bitscale Capital acquire equity worth $3 million, in the shape of GOMINING, the native cryptocurrency token of…

Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether issued over $12.5 billion USDT during this period. Tether Attestation Registers Record-Breaking $4.52…

Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives that merge tech and human potential. Tether Dabbles in Biotech, Acquires $200 Million Majority Stake in…

According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most bullish thing” from a long-term perspective. The Exponential Decay Factor In his recent blog post…