Another company making the news lately, and whose stock is traded on the Nasdaq exchange, is SharpLink after its $462 million investment in Ethereum (ETH). This bold move has sparked intense debate within the crypto community and beyond, raising questions about the rationale behind it, the potential risks and rewards,...
SharpLink took a big risk when they invested almost 500 million dollars in Ethereum. This controversial and perplexing decision has shocked the public and environmental groups. We all know something isn’t right with these assumptions. Buying 176,271 ETH at an average of $2,626 per coin and then seeing the price...
SmartLink, a B2B sports betting technology firm, has attracted attention with its colorful headlines. They strategically bought 176,271 ETH ($462.95 million + fees) around June 13 during the current crypto bloodbath. It’s hard to deny this $300 million+ acquisition is a verification of Ethereum by a massive corporation. SharpLink’s acquisition...
The most recent report going so far as to name ETH “digital oil” has caused a stir, and for good reason. While Wall Street strategists salivate at the prospect of annualized returns, let’s speak to tangible impact. Put aside the genopolitics and charts and graphs for one brief minute. Think...
SharpLink Gaming, Inc. (Nasdaq: SBET), a Minneapolis-based company, has made a significant move into the digital asset space by acquiring 176,270.69 ETH for an aggregate purchase price of $462,947,816. SharpLink really gets strategic acquisition at approximately $2,626 per ETH. With this step, the company becomes one of the earliest Nasdaq-listed...
Despite being one of the smallest projects by market cap, Dogecoin’s network activity has recently exploded, surpassing both Bitcoin and Ethereum when measuring daily active addresses. This jump represents an increased interest and adoption of the meme-backed cryptocurrency. The data points to a marked increase in on-chain metrics, indicating the...
The reason is cryptocurrency’s extreme volatility. As someone who has sat on both sides of the investor aisle, even I was surprised by how surprisingly sudden the plunge came in SharpLink Gaming’s stock price. Within a matter of hours, shares dropped by more than two-thirds. Everyone’s confused and no one...
The Ethereum price just dropped, crashing under $2,500. After watching it skyrocket to $2,860, then bam, more than 9% evaporated just like that. It’s perhaps no surprise, then, that most are calling it a smart real estate market correction. They're wrong. This isn’t only poor overleveraged longs getting rekt. Suchie...
Ethereum saw the steepest drop of the two, crashing more than 9% to under $2,500, falling below a key support level. Market Impact The crypto winter has led to confusion about which direction the short-term market will take. At the same time, Ethereum whales continue to fall. The price decline...
Now picture Zanele, a single mom in Soweto, South Africa. She heard about Ethereum, how it could offer a way to bypass predatory lending practices and build a better future for her children. She poured most of her life savings into her dream, praying to break the chains and never...
