ASIC sued on Tuesday and has not yet determined what penalty it will be seeking, but the Australian Financial Review (AFR) reported that ASX faces a maximum penalty of more th...
Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Indian instant delivery startup Zepto has finalized a $340 million round that values it $5 billion, up from $3.6 billion in June and $1.4 billion last August, as the startup races to win market share in India's contested quick-commerce market. General Catalyst and Mars Growth Capital are co-leading the Series G round, which will be closed within a few days, sources familiar with the deal told TechCrunch. The round values Zepto, which delivers everything from grocery to electronics in minutes, at $4.6 billion pre-money, which comes to about $5 billion after the investment, according to a term sheet seen by TechCrunch.
BTC beat the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration.
The investment bank says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F.
Bitcoin miners are facing challenges as Bitcoin's price drops and mining difficulty increases.
Signs of renewed accumulation are emerging among Bitcoin (BTC) holders, according to Glassnode.
Bitcoin (BTC) traded back above the $60,000 mark, gaining 2.9% over the past 24 hours to reach $61,100 at the time of writing.
Cadence Design Systems (CDNS), a key player in electronic design automation (EDA) software, has recently seen its stock price drop by 14% over the past month, catching the eyes of investors. This decline is surprising, given Cadence’s strong foothold in the growing AI chip design market and solid financial performance. With Piper Sandler’s recent upgrade to Overweight and a $318 price target, it begs the question: is this dip a great buying opportunity? I think it is, and I’m bullish on CDNS sto
Asian shares traded mixed Wednesday, as Japan’s benchmark perked but quickly ran out of steam from news the prime minister won’t seek re-election as head of the ruling party. Japan’s benchmark Nikkei 225 was down 0.1% in morning trading at 36,192.93. Japan’s ruling Liberal Democratic Party controls the majority in the lower house of parliament, which picks the nation’s leader.
