Tag: deal
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Ethereum Foundation Sells 10,000 ETH in $24 Million OTC Deal with Bitmine Immersion Technologies Amidst Market Volatility
The Ethereum Foundation, a pivotal organization dedicated to supporting the development and growth of the Ethereum blockchain, has finalized a significant over-the-counter (OTC) transaction, selling 10,000 Ether (ETH) to Bitmine Immersion Technologies. The deal, executed at an average price of $2,387 per ETH, amounts to approximately $24 million. This strategic sale comes at a time…
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US President Donald Trump Teases Iran Peace Deal Amidst Volatile Crypto Market Fluctuations
The cryptocurrency market experienced a notable period of volatility at the start of the week, with Bitcoin (BTC) and Ethereum (ETH) exhibiting price swings that coincided with statements from United States President Donald Trump regarding potential peace talks with Iran. These pronouncements, delivered through his Truth Social platform, injected an element of geopolitical uncertainty into…
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Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
Nvidia, the world’s leading designer of graphics processing units (GPUs) and AI computing platforms, has forged a landmark strategic partnership with IREN Limited, a company that has rapidly evolved from a Bitcoin mining firm into a prominent AI compute provider. The deal, announced late Thursday, centers on the deployment of up to 5 gigawatts (GW)…
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