Tom Lee, chairman of ether ETH$3,123.49 treasury firm BitMine Immersion (BMNR), urged shareholders to approve a board proposal for a sharp increase in the company’s authorized share count. In a start-of-the-year message, Lee said the proposal to boost the company’s number of shares to 50… Read More
Bitcoin BTC$87,981.44 has disappointed investors this year, trailing both gold and the tech-heavy Nasdaq 100 stock index, despite expectations that it would benefit from fiat currency devaluation. But according to a VanEck manager, the largest crypto asset could be setting up for a major comeback… Read More
Scandinavia’s largest bank, Nordea, has shifted its stance on crypto in the face of growing adoption and regulatory clarity, announcing its customers can access an external Bitcoin-linked exchange-traded product (ETP) in December. The Bitcoin ETP, developed by digital asset investment firm CoinShares, holds Bitcoin (BTC)… Read More
The spotlight is firmly on the crypto market over the course of the week after a spurt of liquidations between Oct. 10 and Oct. 17, with BTC and ETH trading well below their respective early October highs. Despite market uncertainty, a number of catalysts are… Read More
