🟢Bitcoin Tops $122K, Eyes Fresh Record, With Ether Just 3% From 2021 ATH
What to know:
Bitcoin was closing in on a fresh record high during U.S. afternoon trading hours.
Ether was also climbing and just 3% from its late 2021 peak.
"The conditions for a sustained rally are falling into place," said 10X Research.
What to know:
Bitcoin was closing in on a fresh record high during U.S. afternoon trading hours.
Ether was also climbing and just 3% from its late 2021 peak.
"The conditions for a sustained rally are falling into place," said 10X Research.
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🟢Trump Jr.-tied firm raises $50M for crypto, mining as Bitcoin peaks
Thumzup Media Corporation, a social media marketing-turned-crypto-buying firm, plans to boost its crypto holdings and get into crypto mining after raising $50 million from investors.
Thumzup said on Wednesday that it would expand its crypto-related strategy “to include large-scale cryptocurrency mining and targeted blockchain investments.”
The company said it will use some of the $50 million it raised from a $10 per share offering on Tuesday to buy “state-of-the-art cryptocurrency mining infrastructure” and was engaging with mining technology providers to “accelerate the buildout.”
The firm currently holds 19.1 Bitcoin
BTC
$121,543.
Donald Trump Jr., son of US President Donald Trump, bought 350,000 shares of the company, then valued at nearly $3.3 million, according to a regulatory filing in early July, deepening the Trump family’s already extensive interest in the crypto industry.
Thumzup Media Corporation, a social media marketing-turned-crypto-buying firm, plans to boost its crypto holdings and get into crypto mining after raising $50 million from investors.
Thumzup said on Wednesday that it would expand its crypto-related strategy “to include large-scale cryptocurrency mining and targeted blockchain investments.”
The company said it will use some of the $50 million it raised from a $10 per share offering on Tuesday to buy “state-of-the-art cryptocurrency mining infrastructure” and was engaging with mining technology providers to “accelerate the buildout.”
The firm currently holds 19.1 Bitcoin
BTC
$121,543.
Donald Trump Jr., son of US President Donald Trump, bought 350,000 shares of the company, then valued at nearly $3.3 million, according to a regulatory filing in early July, deepening the Trump family’s already extensive interest in the crypto industry.
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