CryptoNews

Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan

Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across the broader blockchain value chain…
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CryptoNews

Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Favorable on Bitcoin, Ripple's XRP Ousted, and More

Grayscale stirred speculation by transferring 4,000 bitcoins, while Blackrock CEO Larry Fink endorsed bitcoin as “digital gold,” surpassing government influence. In regulatory news, Ripple’s XRP was removed from Hong Kong Virtual Asset Consortium’s top crypto index. Meanwhile, Elon Musk reaffirmed his commitment to Dogecoin, along with revealing that his company Spacex holds a substantial…
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