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Showing posts from February, 2025

Elon Musk’s Controversial Dad Looks to Cash in on Memecoin Feeding Frenzy #Bitcoin https://ift.tt/NRomUE7

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The father of the world’s richest man hopes to raise $200 million from a crypto project dubbed “Musk It” to fund a think tank. ‘Musk It’ Memecoin Endorsed By Elon Musk’s Father Elon Musk’s father Errol Musk has endorsed ‘Musk It,’ a Solana memecoin that Errol hopes to profit from to the tune of $200 […] from Bitcoin News https://ift.tt/LYGjc01 via IFTTT

Bitcoin Miner Cipher Secures $50 Million Investment From Softbank #Bitcoin https://ift.tt/NRomUE7

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Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […] from Bitcoin News https://ift.tt/HBDvzrb via IFTTT

Stablecoin Liquidity Hits Record Highs, Signaling Potential Crypto Rally: Cryptoquant  #Bitcoin https://ift.tt/NRomUE7

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The cryptocurrency market appears primed for an extended rally as stablecoin liquidity reaches unprecedented levels, fueled by the rapid expansion of tether (USDT) and Circle’s USDC, according to an end-of-the-month analysis from blockchain analytics firm Cryptoquant. Cryptoquant Report Examines Stablecoin Growth and Market Implications Cryptoquant analysts disclosed that the total market capitalization of USD-pegged stablecoins […] from Bitcoin News https://ift.tt/g4x7ufI via IFTTT

Bitcoin ETFs See $588 Million Inflow As Market Momentum Continues #Bitcoin https://ift.tt/NRomUE7

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The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.22 million on Thursday, […] from Bitcoin News https://ift.tt/0KLaOAR via IFTTT