SBI Crypto announced it will shut down its Bitcoin mining pool on July 31, 2026, ending over five years of operation. The pool currently controls just over 2% of the global Bitcoin hashrate, representing 20,412 PH/s. Miners must submit shares by July 30, 22:00 UTC, to receive final payouts. SBI Crypto recommended miners consider transitioning to Braiins, Luxor Pool, or Neopool, but did not disclose reasons for closure. This move reflects SBI Holdings' strategic shift towards other crypto ventures, not a retreat from the sector.
Prada is seen as undervalued because the market is overly concerned about risks from integrating Versace, while underestimating the steady organic growth of Prada and Miu Miu. In the first half of the year, Prada's core organic sales grew 5%, with an...
Latin American countries are increasingly rejecting socialism in favor of market-based policies, leading to economic improvements. Argentina, under President Javier Milei, has cut inflation drastically from 25% to 2% and achieved fiscal surpluses, pr...
This week saw three IPOs and one SPAC priced, while two IPOs and five SPACs filed for offerings. The IPO market is experiencing a typical summer slowdown, but a large IPO is scheduled for the upcoming week. Additionally, street research is expected f...
DoubleZero (2Z) surged over 20% in 24 hours following a partnership announcement with Kalshi prediction markets, which led to increased trading volume and a short squeeze. The collaboration involves Kalshi distributing real-time event contract data v...
XRP is declining against the US dollar, nearing the key $1 level, signaling potential further drops if this support fails. However, technical analysis against Bitcoin shows XRP may have hit a bottom and is poised for a rebound, possibly gaining about...
