Solmate moves to acquire RockawayX to build $2B Solana powerhouse
Key Takeaways Solmate Infrastructure is pursuing an all-stock acquisition of RockawayX. The combined entity is valued at $2 billion and centers around the Solana blockchain ecosystem. Share this article Solmate, a publicly traded Solana-focused digital asset infrastructure company, has reached a preliminary agreement to acquire RockawayX. The proposed transaction would create a combined entity with…
Tom Lee’s Relentless ETH Buying Puts BMNR Stock on a Possible 55% Breakout Path
The BMNR price has started heating up again. It is up more than 5% in the past 24 hours and almost 10% in the last five days, outperforming Ethereum’s 8% weekly gain. The surge comes just as BitMine Chairman Tom Lee reportedly swept another $150 million worth of ETH off exchanges. With Ethereum strengthening after…
Crypto Markets Today: Bitcoin Holds Near Weekly High, Altcoins Remain Subdued
The crypto market remained in a buoyant mood on Thursday as bitcoin BTC$92,978.01 traded near its weekly high around $93,500 and ether ETH$3,193.34 rose to $3,200 after completing its Fusaka upgrade.The Fear and Greed index advanced to 27/100, exiting the “extreme fear” zone as a degree of optimism begins to enter the market.It’s worth noting…
Tom Lee’s BitMine Keeps Buying ETH, Adds $150M Despite DAT Purchases Crashing 81%
Tom Lee’s Bitmine has continued buying Ethereum despite the broader treasury companies lagging in the trend. The firm bought ETH worth $150 million that increased its ownership of the token supply to 3%. BitMine Extends Aggressive ETH Accumulation The Ethereum treasury firm founded by Fundstrat’s Tom Lee has continued to buy ETH, adding another $150…
Here’s how XRP spot ETFs are closing in on the $1B milestone
U.S. spot XRP ETFs have recorded twelve consecutive days of inflows, climbing to $844.9 million as of the 2nd of December. This makes them the fastest‑growing crypto ETF category and puts them within reach of the $1 billion AUM milestone. On the 1st of December, the products attracted $89.65 million, followed by another $67.7 million…
