AA News

American Bitcoin to Go Public Through Merger with Gryphon Digital

American Bitcoin to Go Public Through Merger with Gryphon Digital

Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. Merger Details According to a May 12 press release, the newly combined entity will be […]

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Bitcoin’s Uptrend Holds Strong as Buyers Push Realized Price Higher

Bitcoin’s Uptrend Holds Strong as Buyers Push Realized Price Higher

Bitcoin (BTC) has continued to flash bullish signals, with on-chain data and technical indicators reinforcing the narrative of an ongoing uptrend despite minor short-term pullbacks. At the heart of this optimism is the rise in the flagship cryptocurrency’s realized price, a key market metric that reflects the average purchase price of BTC currently in circulation.

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SEC Chair Declares a ‘New Day’ in Aim to Become ‘Crypto Capital of the Planet’

SEC Chair Declares a ‘New Day’ in Aim to Become ‘Crypto Capital of the Planet’

Atkins opened the meeting, stating that the topic of the discussion is timely as “securities are increasingly migrating from traditional (or “off-chain”) databases to blockchain-based (or “on-chain”) ledger systems.” The roundtable discussion was the third in a series of four addressing tokenization and bringing traditional assets on-chain. Atkins declared “a new day at the SEC,”

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Metaplanet Boosts BTC Holdings with 6.7M Purchase

Metaplanet Boosts BTC Holdings with $126.7M Purchase

Japanese investment firm Metaplanet has added to its Bitcoin reserve with a fresh purchase worth $126.7 million on May 12. The latest move brings the company’s total Bitcoin holdings to 6,796 BTC. Details From The Latest Buy The development was shared by CEO Simon Gerovich on X. He revealed that the firm has bought 1,271

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Bitcoin Drives 2M Weekly Inflows into Digital Assets

Bitcoin Drives $882M Weekly Inflows into Digital Assets

Bitcoin (BTC) continues to flex its dominance as the top digital asset, attracting $867 million in inflows last week alone, according to a fresh CoinShares report published on May 12. This influx led the broader crypto investment products market, which collectively saw $882 million in inflows, marking the fourth consecutive week of gains and lifting

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Ethereum Soars 44% as Abraxas Capital Pulls 185,309 ETH From Exchanges

Ethereum Soars 44% as Abraxas Capital Pulls 185,309 ETH From Exchanges

After a testing start to the year, Ethereum (ETH) is roaring back to life, notching a surge by more than 44% in just three days. The rally, which saw ETH climb from $1,800 to over $2,600, marks the asset’s strongest three-day performance since January 2021. Institutional Accumulation The price jump also coincided with a series

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Uniswap News FUD an Opportunity to Buy an Altcoin at Value?

Uniswap News FUD an Opportunity to Buy an Altcoin at Value?

UNI tokens for the Ethereum-powered decentralized crypto exchange went parabolic in price over a 34-day rally from Nov. 4 to Dec. 8, last year. Since then, they’ve been falling in price, correcting over five months until this Thursday. For most of that time, UNI was moving in line with its currency peers by market cap.

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Peter Schiff Says Bitcoin Is Nothing Like Gold: Is That True? (Opinion)

Peter Schiff Says Bitcoin Is Nothing Like Gold: Is That True? (Opinion)

The Euro Pacific Capital founder and chief strategist pointed out that gold rose 3% over the previous weekend from Friday until Monday. Meanwhile, the average BTC price fell by 3%. The investment wizard left it to the reader to conclude that Bitcoin cannot be a digital version of gold. Gold rose over $90 today. That’s

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