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CleanSpark announced on June 27 that it had acquired GRIID Infrastructure, a US-based Bitcoin miner for $155 million. The company expects the all-stock deal to close in Q3, 2024 subject to GRIID shareholder approval and other customary requirements. Bitcoin miner CleanSpark announced today that it has entered an agreement to acquire GRIID Infrastructure in an all-stock transaction valued at $155 million . According to a press release the merger agreement also saw the two Bitcoin mining companies seal an exclusive hosting agreement for all of GRIID’s currently available power. 20 MW of this power will immediately be allocated to CleanSpark. “We are looking forward to welcoming the GRIID team into the CleanSpark family and we are excited to apply the CleanSpark way, carefully honed alongside the communities we operate in Georgia and Mississippi, to GRIID’s impressive pipeline in Tennessee,” CleanSpark CEO Zach Bradford said in a statem...

With the cryptocurrency market currently in a bull cycle, investors are actively seeking opportunities to earn profits, leading to a search for viable strategies and digital assets worth investing in. Although some segments of the crypto market believe that the sector might have reached its peak for the current phase, an on-chain crypto analyst who goes by the pseudonym 0xReflection , in an X (formerly Twitter) post on April 9, contends that there is still room for profit in this cycle . According to the analyst, with Bitcoin (BTC) halving only days away, investors can potentially turn a modest $1,000 investment into a staggering $1 million during this crypto cycle. Picks for you This Solana trader made from $530k to $6 million amid uncertainties 20 mins ago US recession is 'delayed but still coming' warns Chief Strategist 25 mins ago What’s happening with Brazilian Real vs. Dollar (USD/BRL)? 18 hours ago Supply shock alert: Bitcoin exchanges r...

The start of March finally brought meme coins fully into the ongoing cryptocurrency bull market as they accounted for 5 out of 7 of the biggest weekly gainers.  While the more recognizable – and mostly dog-themed – cryptocurrencies and last year’s arrival and biggest mover at the time – Pepe (PEPE) – took the bulk of the attention, a lesser-known meme coin on the Solana (SOL) blockchain was responsible for some of the rally’s most impressive new million aires. On November 30, 2023 – near the launch of the meme coin – one crypto trader bought 5.1 million Dogwifhat (WIF) for $1,749 and has held it since. WIF’s staggering rise – in total amounting to more than 1,200% – means that the trader has successfully turned the $1,749 investment into a staggering $11.2 million. Picks for you Machine algorithm predicts FLOKI price for March 31, 2024 30 mins ago This AI token is being called the Nvidia of crypto 2 hours ago ...

Observing smart whales’ movements can provide valuable insights for crypto traders and investors navigating cryptocurrency waters. These are highly capitalized addresses with a profitable trading history. Recently, a smart whale trading Ethereum (ETH) closed a position worth $21 million for a profit of $5.32 million . According to a post by Lookonchain on X (formerly Twitter), the address acquired 7,429 ETH worth $16.5 million on January 26 and sold the entire position at $2,937 per token on February 23. Picked for you Robert Kiyosaki explains why he ‘would be happy’ if Bitcoin crashes 1 hour ago 3 cryptocurrencies to avoid trading next week 2 hours ago AVAX sell-off alert : Avalanche suffers major outage 21 hours ago Dogecoin competitor threatens 100% bullish breakout 23 hours ago Previously, the investor made $5.34 million in realized profits with a similar trade from October 2023 to January 2024. In particular, the smart Ethereum whale b...

Hedera has announced it sealed a five-year, $250 million deal for blockchain and Web3 initiatives in Saudi Arabia. HBAR price rose more than 5% following the major development. Hedera has secured a $250 million investment deal from the Saudi Arabia government, according to details the blockchain platform shared today. The deal is part of a five-year agreement The Hashgraph Association, a Swiss-based non-profit helping to develop the Hedera blockchain signed with the Saudi Ministry of Investment, Hedera posted on X. As part of a five-year agreement valued at $250m with the Saudi Ministry of Investment (@MISA), @The_Hashgraph Association has announced the launch of the DeepTech Venture Studio – empowering companies to develop innovative technological solutions. #web3https://t.co/wnqA9H4rm4 https://t.co/Yi6EJWqEh6 — Hedera (@hedera) February 6, 2024 Hedera launces DeepTech Venture Studio Per the announcement, The Hashgraph Association has laun...

Victoria, Seychelles, December 11th, 2023, Chainwire Morph, a Layer 2 consumer blockchain for value-driven dApps, announced the closing of a multi million -dollar investment from the Web3 and cryptocurrency trading platform Bitget. “Morph has a stellar team endowed with experience, a vibrant multicultural approach, and industry-leading strategic capabilities for fostering mass adoption. It has demonstrated tangible progress in its commitment to a unique vision of a consumer blockchain. With Bitget’s dedication to forging ties with exemplary Web3 entities, we’ve embraced Morph in a spirit of collaboration,” said Bitget Managing Director Gracy Chen. Morph’s roll-up tech intelligently combines the best Features of Optimistic and ZK roll-ups to reduce cost barriers, accelerate dispute resolution, and ensure flexible and secure transactions for dApps of all sizes. At the heart of the ecosystem is a decentralized sequencer network elimin...

In recent years, there has been a significant surge in the popularity and growth of meme coins. These coins, inspired by internet memes, are now an important part of crypto because of their perceived potential for growth. One such example is the PEPE, which was popular after launch. However, PEPE’s excitement has subsided, and a new meme coin project, DigiToads, is taking over. In the ongoing presale , DigiToads has raised over $6.2 million . DigiToads raises over $6.2 million in presale DigiToads has gained popularity due to its unique features that set it apart from other meme coins. A significant factor is its blend of humor and practicality. DigiToads is a unique and light-hearted meme project that draws inspiration from toads instead of the more common frog themes. The project has a dedicated community has contributed to a presale funding of over $6.2 million . As a meme coin project, TOADS’, DigiToads native token, could rally by the end of the year. For this ...