Is Bit Digital (BTBT) really 4D chessing this, or just taking the L for arriving to the party late? Their $189 million Ethereum (ETH) investment, funded by selling Bitcoin (BTC) and raising equity, has definitely raised eyebrows. Is it genius, or just gambling?Ethereum's Allure: More Than Just Hype?The easy story...
Let's cut the BS. You're tired of the banks. You’re tired of high taxes and the government getting in your wallet. You watch as inflation destroys your hard-earned savings and the power elite gets wealthier by the day. You're right to be angry. There's a better way. It's called cryptocurrency,...
Bit Digital, Inc. a digital asset mining company, today announced the successful completion of its strategic transition toward an Ethereum-based treasury strategy. This move has led to a significant surge in the company's stock price, reflecting increased investor confidence in the firm's new direction.Bit Digital’s market capitalization went from $7.3...
Bit Digital's all-in Ethereum bet – selling off their Bitcoin stash for a mountain of ETH – isn't just another corporate pivot. Yet this tremor has the potential to radically alter the financial landscape. Its effects will extend well beyond the trading desks of Wall Street.Ethereum: A New Dawn for...
I know, because I remember during the last crisis, in 2008. My neighbor, aka poor bastard, sold his house in a panic at a catastrophic loss. He focused too much on the negative. He saw the scary headlines, listened to the doomsayers, and allowed fear to drive his decision-making. Today,...
Ethereum, the second-largest cryptocurrency by market capitalization, is once again grabbing the headlines from Bitcoin and intriguing investors and analysts for its potential. Recent data reveals a significant accumulation of ETH by "mega whales," a trend that historically has been indicative of potential price surges. This article discusses the meaning...
You imagine that you’re on the front lines of the decentralized revolution. Think again. The truth about Ethereum today couldn’t be more different than that utopian dream. It's a system increasingly dominated by mega whales, and their accumulation habits are flashing a bright red warning sign for anyone who isn't...
Bit Digital’s all-in move on Ethereum is sending shockwaves, without question. They partially divested their Bitcoin holdings, netting a sweet $30 million in the process. Then, they went all-in on Ethereum, raising a eye-popping $172 million war chest. The market's already reacted, their stock jumped. Let's cut the hype. Is...
Bit Digital, Inc. (Nasdaq: BTBT), a company known for its involvement in the Bitcoin mining industry, has made a bold move that has sent ripples through the cryptocurrency world. That’s why the company has purposefully pivoted its focus onto Ethereum. That’s the crux of the issue — it has continued...
Exempting the ultra-rich in crypto from any sort of reasonable tax policy Enabling an ultra-rich head start. Maybe. Let's dive in.Mega Whales' Quiet ETH Buying SpreePicture this: while everyone's glued to meme coins and fleeting trends, the real players, the Ethereum mega whales, are quietly loading up on ETH. It’s...
