Crypto news

Eightco Holdings, who clearly woke up one morning thinking, “Why not?” revealed plans on Monday for a share sale aimed at hauling in roughly $250 million to pioneer a “first-of-its-kind Worldcoin treasury strategy.” This involves a private placement of exactly 171.23 million common shares priced at the humble asking price of $1.46 each-because apparently, getting that many shares typed out *just so* is important to the process.

This opinion piece comes to you courtesy of James Murrell, a seasoned crypto wizard with over six years of experience navigating the choppy waters of fintech startups. James began his blockchain odyssey in 2013, though we suspect he didn’t predict NFTs of pixelated apes back then 🐒.

On the eighth day of September (which may or may not be portentous, but it certainly sounds official), Coinshares International Ltd. (that’s Nasdaq Stockholm: CS for those who collect ticker symbols like rare stamps, and US OTCQX: CNSRF for everyone else) revealed plans to perform the magical corporate dance known as “merging with a SPAC”-specifically, Vine Hill Capital Investment Corp., which already lurks on Nasdaq like a well-funded goblin waiting in the wings.

Once, our hero ETH, with a glimpse of optimism ignited, surged forth above the $4,220 zone, mimicking the enigmatic journey of Bitcoin. Climbing with ambition over the $4,300 and $4,320 guids, the bears suddenly emerged, as disinterested onlookers at a tedious play.

In a statement dripping with corporate jargon, the Singapore-based company announced its plan to “gradually” exchange its SOL and SUI holdings. Why? To “take advantage of market volatility,” of course. Because nothing says “stability” like riding the rollercoaster of crypto prices while humming a cheerful tune. 🎢 CEO Wilson Wang described this as a “disciplined accumulation process,” which sounds far more dignified than “we’re gambling everything on a blockchain trend.” Bravo, sir. Bravo. 👏

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The deal, dear reader, values CoinShares at a delectable $1.2 billion before any sweet new investments are poured in. And, just to keep things interesting, shareholders are in for a juicy 30% bonus-because, let’s face it, who doesn’t love a little extra cash in their pockets?

Upbit(@Official_Upbit) Will Launch Their Own L2 Chain! 🥳

Inmortal’s analysis, as cryptic as it is insightful, shows Chainlink approaching a support range of critical importance. The chart, almost art in its own right, illustrates a grand scene where the price plunges into this zone only to rebound with the force of a dancer recovering from a misstep. This, dear reader, would mark the end of a temporary pullback, and the dawn of a promising new upswing.

Carl Moon, a fella who named himself after the moon and trots out his thoughts on Twitter, says Shiba’s price has been tracing a shape on the daily chart he calls a horizontal triangle. “Like a herd ready to stampede,” he mutters, pointing towards that tightening momentum that could finally break loose and send prices shooting like rabbits through the underbrush.