South Africa’s struggling power utility Eskom is considering Bitcoin mining, artificial intelligence (AI), and data centres as part of its long-term strategy to stay afloat, according to group CEO Dan Marokane. Speaking earlier this year at the BizNews Conference, Marokane said the utility is exploring new ways to repurpose its excess electricity capacity as the…
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BTC Bull Token’s Final 6 Days to Buy Before Launch – The Next SHIB or FLOKI?
The clock is ticking for investors who want to grab BTC Bull Token (BTCBULL) at its presale price before it takes off. With more than $7.84 million already raised, BTCBULL is proving that its current momentum could be just the beginning, especially with a potential major exchange listing on the horizon. That’s led many to…
Crypto Price Prediction Today 1 July – XRP, Pepe, Shiba Inu
Crypto price optimism may have faded from view, but it certainly hasn’t dissipated. While we’re used to falling prices nowadays, the idea of a crash—once a common event in crypto—is slowly being replaced by a more mundane reality: crypto is retaining its value. In other words, it’s stabilizing Heightened geopolitical tension has prompted caution among…
Polyhedra’s Phoenix Revival: Stakers Rewarded After ZKJ Liquidity Crash – What’s Next?
ZKJ token holders watched $500 million evaporate in minutes during a coordinated liquidity attack on June 15, but Polyhedra has just launched its Phoenix Revival Program to reward the survivors. The program targets stakeholders who held through the 90% crash, offering early access to ecosystem airdrops and zero-knowledge infrastructure rewards. Community backlash erupted immediately, with…
Ethereum Foundation Dumps $32M as Fidelity Buys $25.7M – ETH $2200 Crash or $2800 Breakout Incoming?
The Ethereum ecosystem is facing a key inflection point, as the Ethereum Foundation has transferred $32 million worth of ETH to multisig wallets, while Fidelity has simultaneously purchased $25.7 million in Ethereum. LookOnChain data reveals the Foundation has been systematically transferring 1,000 ETH daily, worth $2.46 million, to a multisig wallet 0xc061, totaling 13,000 ETH…
DOGE Presses SEC to Relax SPAC Rules – Will Musk’s Influence Tip the Scales?
The Department of Government Efficiency (DOGE) is now targeting the SEC’s rules on Special Purpose Acquisition Companies (SPACs) and confidential data reporting by private investment advisers. Per Reuters, the SEC adopted those rules during the Biden administration to enhance investor protection and systemic risk monitoring. DOGE, a Trump administration initiative created to cut federal regulatory…
Michael Saylor’s Strategy Shocks Wall Street As $14 Billion Bitcoin Gains Match Amazon & JPMorgan
Michael Saylor’s Strategy has stunned Wall Street critics as the once-struggling software and business intelligence firm recorded approximately $14 billion in unrealized gains during the second quarter, elevating it to the exclusive tier of corporate giants, including Amazon.com Inc. and JPMorgan Chase & Co. This prestigious position is typically reserved for a handful of U.S….
Arbitrum ($ARB) Defies Market Slump: Can the Ethereum L2 Leader Hit $0.59 Next?
The Arbitrum ($ARB) token is climbing again, slowly rising to $0.327 after a 7% drop from its 24-hour high of $0.3887. With a market cap of $1.62 billion and $506 million in daily trading volume, Arbitrum holds the 47th spot on CoinMarketCap. At press time, the asset is trading at $0.3275. Arbitrum’s Dominance: The Ethereum…
UniCredit Launches Capital-Protected Bet on BlackRock’s $75B Bitcoin ETF – Upside Capped at 85%
Key Takeaways: The product offers full capital protection at maturity, with returns capped at 85% of the ETF’s performance. The offering runs from July 1 to July 28 and is limited to professional clients in Italy. Europe has not approved local spot Bitcoin ETFs; banks are turning to structured products as alternatives. UniCredit will offer…
SEC Approves Grayscale Conversion, Launching First U.S. Multi-Asset Crypto Spot ETF
Key Takeaways: The SEC has approved Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a spot ETF. GDLC holds Bitcoin, Ethereum, XRP, Solana, and Cardano, with BTC and ETH comprising over 91% of the portfolio. The conversion introduces one of the first SEC-approved multi-asset crypto ETFs in the U.S. The U.S. Securities…