Sphere 3D has completed its all-stock acquisition of Cathedra Bitcoin, a sign that bitcoin mining consolidation is still very much alive while smaller operators keep getting squeezed by thin margins, power costs, and brutal competition. Sphere 3D completed its acquisition of Cathedra Bitcoin The deal was structured as an all-stock transaction More bitcoin mining consolidation […]
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Twenty One Capital is reportedly seeking mergers with Strike and Elektron to build what it describes as a premier Bitcoin platform, a move that could tighten Bitcoin payments and infrastructure under one roof while raising the usual centralization alarms. Twenty One Capital is pursuing mergers with Strike and Elektron. The stated goal is a “premier […]
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Bitcoin’s ‘Leg Day’: Building Strength for a Breakout or Just Meme Coin Distraction? Bitcoin is grinding through a frustrating $70,000 consolidation phase, leaving traders restless for a breakout. Some say this sideways action is like “never skipping leg day” in the gym—building the foundation for a massive rally to $80,000 or beyond. Meanwhile, meme coins […]
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Analyst Spots Repeating Pattern as XRP Price Holds: Is the Shakeout Over? XRP’s price plummeted nearly 20% to around $1.69, amid a broader crypto market decline of about 11%. Yet, according to top analyst Steph is Crypto, this dip might signal the end of a “shakeout” – a period of price volatility that clears out […]
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