Matrixport announces the launch of prime brokerage service Phoenix Prime

Grayscale's Strategic Shift: Transferring 4,000 BTC to Coinbase Prime

Explore Grayscale's significant move of transferring 4,000 BTC to Coinbase Prime for ETF redemption activities. Understand the implications of this major transaction for the cryptocurrency market, Grayscale's strategy, and the future of Bitcoin ETFs

Phoenix Group Expands Bitcoin Mining Operations with $187 Million Bitmain Purchase

Abu Dhabi-based Phoenix Group is set to acquire $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, following a $380 million deal with WhatsMiner. The move aims to significantly boost Phoenix's Bitcoin hashing power, positioning the company as a major global crypto miner. The strategic expansion aligns with the recent approval of a Bitcoin exchange-traded fund (ETF) by the SEC, anticipating potential industry growth. Despite competition and profitability challenges in Bitcoin mining, Phoenix Group's aggressive approach underscores its commitment to staying competitive in the evolving sector.

Phoenix Boosts Bitcoin Mining Arsenal with $187M Machine Acquisition

Phoenix Group's strategic investments in cutting-edge mining technology, coupled with its market debut and oversubscribed IPO, solidify its presence as a formidable player in the global Bitcoin mining landscape. However, the lack of response to inquiries raises questions about transparency and communication practices within the company, warranting further scrutiny.

Phoenix Group PLC Advances Web3 with Strategic Lyvely Investment

Phoenix Group PLC invests in Lyvely, marking a strategic move in Web3 and digital economy innovation.

Phoenix Group Ignites ADX: Cryptocurrency Triumph in Abu Dhabi Debut

Amidst a surge in cryptocurrency interest, Phoenix Group's debut on the Abu Dhabi Securities Exchange marks a pivotal moment in the region's financial evolution.

Long Doge Challenge: Unveiling the Secrets to Obtain Doge Prime

Unveiling Doge Prime in Long Doge Challenge remains a cryptocurrency enigma

Amazon Prime Gaming Continues to Offer Polygon NFTs to Subscribers

Amazon, the world's largest online marketplace, is rumored to be exploring its own NFT project. In the meantime, the company is collaborating with crypto-native firms and offering free Polygon NFTs to its vast Amazon Prime subscriber base.

Coinbase to List PRIME ($PRIME)

UK prime minister announces departure following mass resignations

Many outlets have reported Rishi Sunak could be one of the possible replacements for Boris Johnson, suggesting that crypto regulations could be central to the government’s agenda.

USDTea: A New Stablecoin Backed By Iced Tea Cans Rises Like The Phoenix

Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin -- USDTea, the first of its kind ...