Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
In brief Bitcoin firm Nakamoto is instituting a 1-for-40 reverse stock split. The move is intended to help it achieve a share price of $1...
Tag : Plunge
Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners
In brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net loss of $88.7 million. To secure “survivability,” the firm reduced total...
XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’
In brief New daily XRP addresses fell 85% from 18,000 in December 2024 to 5,020, with monthly active supply down 73% over the same period....