Crypto mining company TeraWulf plans to raise $500 million through a convertible note offering to help finance the construction of a new data center campus in Abernathy, Texas. The private offering is aimed at qualified institutional buyers, the company announced on Wednesday. It granted underwriters the option to purchase an additional $75 million in notes…
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Brazilian solar power producer Thopen is exploring a move into Bitcoin mining as a way to absorb surplus energy generated by the country’s fast-growing renewable sector, the company’s CEO told local outlet BN Americas. Gustavo Ribeiro, who is CEO of Thopen and its majority owner, Pontal Energy, told BN Americas the company is considering expanding…
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Democratic Party senators have requested that US Attorney General Pam Bondi and the US Department of Justice provide additional information regarding the pardon of Binance co-founder Changpeng “CZ” Zhao by President Donald Trump. In an open letter on Tuesday, seven Democratic senators wrote that the pardon “signals to cryptocurrency executives and other white-collar criminals that…
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Despite a decline in stock price and a slowdown in Bitcoin purchases, Strategy, the world’s largest corporate Bitcoin holder, may have a 70% chance of being added to the S&P 500 index before the end of the year, according to crypto market intelligence company 10X Research. Strategy is set to release its third-quarter 2025 earnings…
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Key takeaways: Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox. Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000. Mt. Gox, a defunct crypto exchange, has postponed repayments to its creditors by a year and remains in control of around $4 billion in Bitcoin…
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Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses. The Australian Securities and Investments Commission updated its Info Sheet 225 on Wednesday, announcing that companies offering crypto services classified as financial products will need to become a member of the…
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The Norwegian Tax Administration said that more people declared cryptocurrency holdings in 2024 compared to the previous year, following efforts to increase reporting. In a Tuesday notice, Norway’s tax authority said more than 73,000 people in the country reported owning some form of cryptocurrency in their 2024 returns. The numbers marked about a 30% increase…
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Key points: Bitcoin traders’ ability to overcome price resistance at $116,000 could hinge on Wednesday’s Fed decision on interest rates and this week’s US-China trade summit. Pro traders are distributing into BTC price rallies while retail-sized investors are buying the dips in spot, and also being liquidated in futures. Bitcoin (BTC) price continues to show…
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Lawmakers in France are set to review a proposal that could have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In a motion for a resolution introduced on Wednesday, Éric Ciotti of the Union of the Right for the Republic led a proposal for France’s national assembly to ban…
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Key points: Bitcoin reaches $116,000 again as volatility ramps up into the US trading session. Traders diverge on short-term BTC price action, with targets including $117,000 before Wednesday’s Federal Reserve interest-rates decision. The latest CME futures gap gains popularity as a downside target. Bitcoin (BTC) passed $116,000 after Tuesday’s Wall Street open as crypto refused…
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