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Bitfarms has completed the acquisition of Stronghold Digital Mining

5 hours ago

On March 18th, according to Decrypt, the Bitcoin mining firm Bitfarms has announced the accomplishment of its acquisition of Stronghold Digital Mining. The deal is valued at $175 million, with $125 million in equity. Bitfarms stated that this acquisition will assist the company in optimizing operations by making use of the newly acquired data centers and will provide computing resources to an AI company, thereby promoting its growth in high-performance computing and AI. This acquisition not only raised Bitfarms' market valuation but also made it more difficult for its competitor, Riot Blockchain, to acquire it. Since 2023, Riot has been trying to acquire Bitfarms, and this transaction may enhance Bitfarms' position in the industry consolidation.
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Crypto.com forcibly pushed through a controversial vote to reissue 70 billion destroyed CRO tokens

On March 18th, the final voting result regarding "Crypto.com to Reissue 70 Billion Burned CRO Tokens" was as follows: 61.18% in favor, 17.61% against, 20.11% abstained, and 0.11% vetoed. The participation rate of the vote ultimately reached 70.18%. After the vote was passed, the Cronos blockchain will undergo an upgrade tomorrow. At that time, 70 billion new CRO tokens will be minted. These upcoming tokens will be gradually unlocked over a period of five years for various purposes, including providing funding for a potential CRO ETF. However, this is not the only action by the Crypto.com team. Just one day after the end of the vote, the team proposed another action to burn 50 million CRO, following the previous three rounds of token burns of the same amount. The vote for this new proposal will take place over the next two weeks. (unchained)

6 minutes ago

Myshell Market Maker Buyback Address has withdrawn 18.45 million SHELL from a CEX, approximately $5.43 million

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Metaplanet to Issue ¥20 Billion Interest-Free Bond to Increase Bitcoin Holdings

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Cryptocurrency Market FUD Eases Slightly, Today's Fear and Greed Index at 34

On March 18th, based on alternative data, the cryptocurrency fear and greed index for today is 34 (yesterday it was 32), suggesting a slight alleviation of market fear. Note: The threshold of the fear index is 0-100 and encompasses the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

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US Bitcoin Spot ETF recorded a net inflow of $274.59 million yesterday

On March 18th, according to the monitoring data of Trader T, there was a net inflow of $274.59 million in the US Bitcoin spot ETF yesterday.

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The SEC Cryptocurrency Working Group will hold its inaugural roundtable meeting this week.

On March 18th, as per official channels, the U.S. Securities and Exchange Commission (SEC) declared that the SEC Cryptocurrency Working Group is set to host a series of roundtable discussions with the aim of delving into the key domains of cryptocurrency regulation. The initial roundtable discussion is scheduled to be held on March 21, commencing at 1:00 PM and concluding at 5:00 PM local time.

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