Bloomberg ETF analyst: IBIT funds have strong inflows and are expected to reach the top

ADA struggles near $1, LINK remains 54% off ATH, yet Remittix secures $20M and PayFi buzz, with analysts eyeing 100x growth in this bull cycle.

The post Trump-Connected Thumzup Media Dives Into Crypto Mining With Dogehash Deal appeared on BitcoinEthereumNews.com. Thumzup Media plans to acquire Dogehash Technologies in an all-stock deal. Dogehash CEO emphasises strategic advantages of dedicated mining infrastructure for decentralized technology opportunities The Nasdaq-listed company Thumzup Media Corporation has announced plans to enter the digital asset mining ecosystem as it continues to build on its success in the digital marketing service industry. Thumzup revealed an all-stock transaction to acquire Dogehash Technologies, and expanded into the quickly growing cryptocurrency infrastructure domain. Thumzup Heads To Dominate Crypto Mining Space  The planned acquisition will unite two companies that have complementary experiences in the blockchain technology industry. Dogehash has about 2,500 industrial-level ASIC mining devices in several facilities in North America. These are specialized computers that are used to mine Scrypt-based cryptocurrencies, especially Dogecoin and Litecoin tokens. The merged company will be renamed Dogehash Technologies Holdings after the completion of the merger. The new company will be listed on large stock markets with the ticker symbol XDOG. To undertake the transaction with Dogehash investors, Thumzup shareholders will offer 30.7 million stock shares. Robert Steele, the chief executive officer of Thumzup, termed the deal a transformational one for the company. He highlighted the role of the acquisition in transforming traditional digital marketing into an all-inclusive asset management. The merger offers access to renewable energy sources and advanced mining hardware capabilities. Parker Scott, the CEO of Dogehash, has emphasized the strategic benefits of having its own dedicated mining infrastructure. He stated that the mainstream use of decentralized technologies presents huge opportunities to established operators. The deal must be approved by shareholders before it is finalized, and it is expected to be completed in the fourth quarter of 2025. Thumzup had earlier raised $50 million in public offerings to invest in cryptocurrencies and buy equipment. The reaction of the market was volatile after the announcement,…

Solana, Cardano, and Rollblock are starting to move in very different directions, and that’s why investors are paying attention. While Solana and Cardano consolidate near important levels, Rollblock’s presale has been catching fire, with some analysts saying it could rally up to 50x this year. Here’s what has caught their eye. Rollblock (RBLK): Becoming the [...] The post Solana and ADA Consolidate While Rollblock’s Presale Momentum Accelerates appeared first on Blockonomi.