updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Kenneth Griffin, founder and CEO of Citadel, disclosed a 4.5% beneficial ownership stake in DeFi Development Corp, a Nasdaq-listed firm that adopted the Solana
SOL
$178.5
24h volatility:
6.0%
Market cap:
$97.75 B
Vol. 24h:
$7.56 B
treasury reserve strategy in April 2025, according to a Schedule 13G filing with the SEC.
The filing revealed Griffin’s indirect ownership through Citadel Advisors LLC and affiliated entities, totaling 1,315,654 shares, with another 4.5% stake owned directly by the fund through its subsidiaries.
DeFi Development Corp’s business model focuses on acquiring and staking Solana tokens, a strategy designed to combine long-term capital appreciation with consistent staking yield. By locking in newly purchased SOL, the company not only secures a passive income stream but also contributes to network security and validator activity within the Solana blockchain ecosystem.
Solana treasury holdings as of Oct. 22, 2025 | source: Coingecko
According to CoinGecko data, DeFi Development Corp currently holds 2,195,926 SOL, representing approximately 0.402% of Solana’s circulating supply. The company acquired its Solana holdings at an estimated $236.5 million, which are now valued at approximately $395.3 million, reflecting a 67% unrealized gain.
Solana price is trading at $179 at press time, up 370% since DeFi Corp began acquiring SOL in April 2025.
Solana price hovered near $179 on Wednesday, forming a classic double-bottom reversal pattern on the 12-hour chart that signals a potential bullish rebound. The pattern, marked by two local lows at the $175 and $170 level, indicates strong support just below current price levels.
A sustained close above the neckline resistance near $190.82 could confirm a bullish reversal, while a validation of the double bottom signal will require a 45% upside move from current levels.
Solana Technical Price Analysis | Source: TradingView, Oct. 22
Other key indicators also support the optimistic Solana price forecast. The MACD histogram has narrowed, suggesting waning bearish momentum, while the RSI at 41.5 shows Solana nearing oversold territory, which could signal entry moves from traders looking to buy at a local bottom.
If Solana breaches $210 with strong volume, the double-bottom signal points to a potential rally above $250. However, failure to maintain support above $171.41 could invalidate the bullish formation, potentially sending prices back toward $160.
Citadel’s indirect investment in Solana has sparked renewed investor interest in early-stage projects like SUBBD.
SUBBD deployed advanced AI tools to bridge the gap between influencers, brands, and their global online communities.
SUBBD Presale
The ongoing SUBBD presale has surged past $1.45 million of its $1.6 million target, with tokens currently priced at $0.058. With the next pricing tier approaching in less than 24 hours, early participants can visit the official SUBBD presale website to secure up to 20% staking rewards before the next round begins.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
American mining giant Critical Metal Corps has made a decisive showcased in its recently unveiled Bitcoin treasury strategy. The company said it plans to start allocating its excess reserve to BTC, a decision approved by its Board of Directors.
According to the firm’s announcement, it may have access to a $500 million capital pool. This capital will come as part of the convertible note financing led by JBA Asset Management. The company said this funding is subject to the conditions contained in the transaction document.
Breaking down the $500 million capital pool, the mining firm said it will first allocate $100 million to buy Bitcoin. The company said this first tranche was offered with a 100% warrant coverage. Critical Metal Corps said it can access the remaining $400 million at buyers’ discretion with a 50% warrant coverage.
Per the funding conditions, the firm said the convertible notes are secured by the cash raised and the underlying BTC acquired. While it is yet to unveil a strategic Bitcoin purchase, it said such a move would hinge on its cash flow requirements.
Ultimately, Critical Metal Corps said it may modify some of the strategy’s conditions as it deems appropriate.
Critical Metal Corps is the first in its business line to invest heavily in Bitcoin. According to its CEO, Tony Sage, this move aligns with President Donald Trump’s strategic Bitcoin reserve plans.
Companies in other industries are also adopting the premier cryptocurrency. Earlier today, Coingape reported that MicroStrategy acquired 11,000 BTC for $1.1 billion. MicroStrategy has increased its total Bitcoin stash to 461,000 units as a business intelligence and software firm.
Besides Critical Metal Corps and MicroStrategy, energy management firm KULR Technologies has a robust Bitcoin portfolio. Earlier this year, KLUR bought $21 million BTC, achieving a more than 93% yield in its portfolio.
The potential of BTC is spreading beyond private and public companies to nations and states. Like the United States’ plans for a strategic Bitcoin Reserve under President Trump, countries like Hong Kong, Switzerland, and Germany are also mulling these plans.
To join the trend, many American states have started introducing legislation to support BTC adoption. Per an earlier report, Massachusetts introduced a reserve bill, coming off as one of the latest states to do so.
The price of BTC is recording a rebound, following the massive price slump from the start of the week. When writing, the coin was changing hands for $106,607, up by a marginal 0.6% in 24 hours
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
US Bitcoin Corp on Thursday announced it has secured a deal with Celsius Network LLC to host crypto miners at the USBTC Alpha Site. This marks a significant development after the Fahrenheit LLC consortium won the bid to acquire assets of bankrupt crypto lender Celsius Network. Amid the rising Bitcoin mining difficulty, the deal is beneficial for both entities.
North America’s leading Bitcoin mining company US Bitcoin Corp (USBTC) has secured a deal with a deal with Celsius Network to run an initial 8,500 miners at the USBTC Alpha Site. The miners have an estimated sticker hashrate of 820 petahash (PH), as per a press release on August 31.
USBTC is part of the Fahrenheit LLC coalition that received the bankruptcy court’s approval to acquire insolvent lender Celsius Network. The assets were previously valued at around $2 billion. Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza are also part of the Fahrenheit consortium.
Asher Genoot, President of USBTC, said:
“The opportunity to manage the Celsius assets marked a defining milestone. Together with Fahrenheit, we envision a future where Bitcoin mining is not just profitable but sustainable and industry-advancing.”
The company expects to manage a fleet of over 310,000 Bitcoin miners including miners owned by Celsius. US Bitcoin Corp has similar agreements with Teslawatt, Marathon Digital, Foundry USA, Sphere 3D, and Decimal Group.
Meanwhile, the company will merge with Hut 8 Mining Corp and renamed to Hut 8 Corp. It aims to establish a large-scale, publicly traded Bitcoin miner focused on “economical mining, highly diversified revenue streams, and industry leading environmental, social, and governance (ESG) practices.”
Also Read: Judge Approves New Attorney For Binance After SEC’s Secret Filing
Celsius Networks secured the court permission to start polling its account holders over the new proposal of repaying an estimated $2 billion in Bitcoin (BTC) and Ether (ETH) via a new user-owned company.
The court has approved the disclosure statement associated with the joint reorganization plan, meeting the required standards.
Also Read: XRP Lawyer Deaton And Top Analyst Predict Binance And Coinbase’s Win Against US SEC
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Hut 8 Mining reported a revenue of about $19.2 million in Q2, a significant decline from $43.8 million recorded in the same period last year, mainly caused by increased mining difficulty.
Toronto, Canada-based Bitcoin mining and blockchain infrastructure company, Hut 8 Mining Corporation (NASDAQ: HUT) released its Q2 2023 financial results on Monday, August, 14. According to the announcement, the company experienced significant Bitcoin mining challenges, which reflected a sharp decline in total revenue. As a result, HUT shares closed Monday trading at $2.78, down 6.4 percent from the day’s opening price. However, HUT shares regained about 2.52 percent during the after-hours session to trade around $2.85.
The heightened demand for Bitcoin and other digital assets amid mainstream adoption has significantly increased the number of crypto miners around the world, hence causing a sharp uptick in mining difficulty. According to the latest on-chain data, the Bitcoin network had a total hash rate of about 415.17 EH/sd thus a mining difficulty of about 52.39 T, with the halving event about 255 days away.
During the second quarter that ended on June 30, Hut 8 announced that it mined about 399 Bitcoins, which represented a decline of approximately 58 percent during the same period last year. The company noted the suspension of operation at its North Bay Facility, and ongoing electrical issues at its Drumheller facility significantly contributed to the decline in Bitcoin mined. Notably, the company announced that it sold about 396 of the 399 Bitcoin mined during the second quarter and received proceeds of about $14.7 million.
Nonetheless, the company announced that it continues to push beyond its boundaries to ensure its long-term growth prospects. Moreover, mainstream adoption of Bitcoin by institutional investors is expected to take place in the coming years.
“We continued to build momentum toward closing our transaction with USBTC by progressing toward receiving regulatory approvals to proceed and improving our projected post-merger self-mining capacity to 7.5 EH/s,” said Jaime Leverton, CEO of Hut 8.
Notably, the company’s high-performance computing operations generated $4.2 million of primarily monthly recurring revenue during the second quarter compared to about $4.7 million in Q2 2022. During the three months that ended on June 30, Hut 8 announced that it installed a total hash rate of about 2.6 EH/s, excluding the company’s North Bay facility.
“While we continued to face mining challenges during the second quarter at Drumheller, which are reflected in decreased revenue and fewer Bitcoin mined, we were successful in strategically managing our costs,” said Shenif Visram, CFO of Hut 8.
Let’s talk crypto, Metaverse, NFTs, CeDeFi, and Stocks, and focus on multi-chain as the future of blockchain technology.
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Valued at about $127.69 million, Bitcoin Depot has more than 6,400 ATM outlets in North America, accounting for 20 percent market share.
After announcing a successful merger with GSR II Meteora Acquisition Corp (NASDAQ: GSRM) on June 30, Bitcoin Depot Inc (NASDAQ: BTM) began trading its shares on July 3. Following the market debut, Bitcoin Depot shares closed the day trading around $3.61, up 11.76 percent from the day’s opening price. The volatility was much wild during the day as Bitcoin value revisited a crucial resistance level around $31k. The combination of the two entities was approved during a special meeting of GSRM stockholders on June 28, 2023.
Exciting News! Bitcoin Depot and GSRM Complete Business Combination
We are thrilled to announce that Bitcoin Depot and GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) have successfully closed their business combination on June 28th!#BitcoinDepot #GSRM #Fintech #cryptonews pic.twitter.com/kB6sEhix8D
— Bitcoin Depot
(@Bitcoin_Depot) July 3, 2023
The new company intends to use its widened resources to increase its market share which currently stands around 20 percent. Moreover, Bitcoin Depot reported about 6,440 ATM kiosk locations in North America as of March 31, 2023. Since its inception back in 2016, Bitcoin Depot has strived to provide liquidity for the top traded digital asset through its checkouts, thus streamlining the payments, spending, and crypto investing space.
“The closing of the transaction and our listing on Nasdaq is an important milestone and an incredibly proud moment for the entire Bitcoin Depot team,” said Brandon Mintz, CEO and Founder of Bitcoin Depot. “Bitcoin Depot is well positioned with the largest market share in North America and the additional capital from this transaction will help support our numerous growth opportunities while advancing our mission to safely, securely, bring Bitcoin to the masses.”
The entrance of Bitcoin Depot to the publicly traded market in the United States further solidifies the cryptocurrency industry and its future growth prospects. However, the recent crypto regulatory scrutiny in the United States was led by the Securities and Exchange Commission (SEC). Already, the SEC has charged several crypto firms including Binance and Coinbase Global Inc. (NASDAQ: COIN) for allegedly listing unregistered securities tokens.
According to Gus Garcia, Co-CEO and Director of GSRM, the combination of the two entities will not only help the growth of individual stakeholders but also the entire cryptocurrency industry.
“We believe Bitcoin Depot is poised to continue its momentum to take advantage of the highly fragmented Bitcoin ATM market both domestically and overseas,” Garcia noted.
Similarly, Lewis Silberman, Co-CEO and Director of GSRM reiterated that Bitcoin Depot is well positioned for profitable days ahead as the industry goes mainstream. Moreover, Bitcoin Depot can now leverage its position as a reputable platform for spending fiat on Bitcoin and vice versa. Meanwhile, Bitcoin Depot customers can rest assured of more convenient ways to invest in the nascent industry through a secure and regulated platform.
Let’s talk crypto, Metaverse, NFTs, CeDeFi, and Stocks, and focus on multi-chain as the future of blockchain technology.
Let us all WIN!
Fox Corporation stock suffered a massive dent in value less than a day after announcing the departure of longtime TV host Tucker Carlson.
Shares of Fox Corporation (NASDAQ: FOXA) declined 5% on Monday following Tucker Carlson’s exit. The mass media company previously announced that Carlson was leaving the Fox News network for his involvement in a string of controversies.
During the early trading session, Fox Corporation shed nearly a billion ($962 million) of its market value. However, the media syndicate’s Class A recovered marginally to trade at $32.65 at 1:32 pm Eastern Time (ET).
Fox and Tucker Carlson parted ways just days after the media group settled a mammoth $787 million Dominion lawsuit. The settlement is the largest of its kind in an American defamation case.
Dominion Voting Systems accused Fox News of disseminating election fabrications in the lawsuit. The electronic voting company also claimed that Carlson permitted debunked election-fraud claims regarding Dominion to air on his popular TV show. In addition to disseminating election lies on the “Tucker Carlson Tonight” show, the conservative political commentator also allegedly questioned the plausibility of Dominion’s denial in private messages. These messages, which emerged in legal filings, also exposed Carlson disparaging colleagues.
Another lawsuit filed in March against Carlson by his former top booker, Abby Grossberg, accused him of stoking sexism on his show. In addition to promoting a hostile working environment, Grossberg claimed that Fox coerced her testimony in the Dominion lawsuit. According to the TV producer, the network’s lawyers pressured her into providing misleading testimony in the case.
Although Carlson had been one of Fox News’ most popular hosts, thanks to his widely watched politically charged TV show, the channel announced his departure on Monday, saying:
“FOX News Media and Tucker Carlson have agreed to part ways. We thank him for his service to the network as a host and, prior to that, as a contributor.”
An inside source claimed that at least three senior Fox Corporation executives decided to drop Carlson on Friday evening. These included Fox Corp Chairman Rupert Murdoch, his son, and Fox Corp chief executive officer Lachlan Murdoch, and Fox News chief executive Suzanne Scott. Meanwhile, Carlson, whose last appearance was Friday on his nighttime show, learned of his ousting via telephone Monday morning. According to a person with inside information, the embattled television personality and his team had spent the weekend crystallizing plans for summer shows.
Carlson had held the Fox News 8 pm time slot for his “Tucker Carlson Tonight” piece since April 2017. The political commentator joined Fox as a contributor in 2009, eventually rising through the ranks to earn his own show. According to the Washington Post, Carlson became the most-watched host in America, averaging 3.32 million total viewers. In addition, the TV host also attracted the most viewers in the coveted 25-54 age demographic.
Fox has yet to officially state a reason for its decision to dismiss Carlson and the show’s executive producer, Fox has yet to state a reason officially. Instead, the company said it would fill the 8 pm hour slot with a rotation of personalities until it names a new TV host.
Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify crypto stories to the bare basics so that anyone anywhere can understand without too much background knowledge.
When he’s not neck-deep in crypto stories, Tolu enjoys music, loves to sing and is an avid movie lover.
Occidental Petroleum Corporation (NYSE:OXY) is a global leader in hydrocarbon exploration, and over the past year, treated investors to eye-popping returns.
Since March 2021, Occidental stock’s 1-year return has outperformed several of the world’s most popular EV stocks and cryptocurrencies: Tesla Inc (NASDAQ:TSLA), Lucid Group Inc (NASDAQ:LCID), Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE).
Occidental is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Occidental shares saw marked strength Thursday and were trading higher after Warren Buffett reported the purchase of 18,102,616 shares of the stock at an average price of $54.41 per share in a Form 4 filing on Wednesday. Shares of oil, energy and natural gas prices have also been trading higher in recent weeks as the Russia-Ukraine conflict causes supply concerns.
Occidental was founded in 1920 and is headquartered in Houston, Texas.
Here’s how the returns break down from March 2021 to the present:
And finally, Occidental Petroleum is up from $28.10 to $56.24 for a return of 100.14%
Bank of New York Mellon Corp (NYSE:BK) has partnered with blockchain analytics firm Chainalysis to track its clients’ cryptocurrency transactions.
What Happened: BNY Mellon will use Chainalysis software to track and record the data of its cryptocurrency products.
The risk management software includes Chainalysis KYT (Know Your Transaction), Reactor, and Kryptos. The KYT tool will be primarily used to monitor real-time cryptocurrency transactions and detect “patterns of high-risk activity.”
Chainalysis Reactor, the main investigative tool, will provide deeper due diligence into suspicious activity.
“BNY Mellon enters the digital asset market as the most trusted asset servicer in the space,” said Caroline Butler, Global Head of Custody, Tax and Network Management for BNY Mellon.
“Working with Chainalysis and other leading fintech providers is foundational to our role as a trusted innovator and the extension of our capabilities into products that serve the growing cryptocurrency market.”
In February 2021, BNY Mellon set up a new Digital Assets unit to offer digital assets and cryptocurrencies to its clients.
With over $46 trillion in assets under custody, BNY Mellon became the country’s first multi-asset custody platform to service traditional assets and cryptocurrencies.
Price Action: At press time, Bitcoin (CRYPTO: BTC) was trading at $35,000, down 8.15% in the last day. Ethereum (CRYPTO: ETH) lost 12% and Dogecoin (CRYPTO: DOGE) was down 16.3% over the same period.
McDonald’s Corp (NYSE:MCD) promised on social media that something was coming and it did arrive but it was not what the Dogecoin (CRYPTO: DOGE) community was anticipating.
What Happened: Instead, in its Super Bowl advertisement, McDonald’s showcased “Uhhhhhhhhhhhhhhhhhhhhh,” a noise its customers make while contemplating their orders.
uhhhhhhhhhhhhhhhhhhhhh pic.twitter.com/KYzzeUI5Ue
— McDonald’s (@McDonalds) February 13, 2022
The Golden Arches operator roped in the rapper Kanye West for its promotion.
can @kanyewest get uhhhhhhhhhhhh pic.twitter.com/BpjMJpliT8
— McDonald’s (@McDonalds) February 14, 2022
See Also: How To Buy Dogecoin (DOGE)
Why It Matters: McDonald’s pre-Super Bowl advertisement tease was noted by Tesla Inc (NASDAQ:TSLA) CEO Elon Musk who responded to it with a “sweat droplets” emoji. Some construed that the announcement was concerning DOGE acceptance.
DOGE co-creator Billy Markus asked his Twitter followers why people thought McDonald’s was going to accept DOGE.
“If you believed the rumor, examine your thought process and who you were listening to very carefully, cuz it was a pretty silly one,” said Markus.
so why did people think McDonald’s was gonna accept dogecoin?
if you believed the rumor, examine your thought process and who you were listening to very carefully, cuz it was a pretty silly one
— Shibetoshi Nakamoto (@BillyM2k) February 14, 2022
Markus earlier asked his followers who they were rooting for at the Super Bowl. About 52% of the 5,233 votes were cast in favor of “Crypto Commercials.” 21.5% voted for “Don’t Care.”
who ya rooting for?
— Shibetoshi Nakamoto (@BillyM2k) February 13, 2022
Meanwhile, the Dogecoin community on r/Dogecoin — a Reddit discussion forum — took to posting memes on the McDonald’s buzz.
Screenshots From r/Dogecoin — A Dogecoin Discussion Group On Reddit
Price Action: On Friday, McDonald’s shares closed 0.7% lower at $255.16. At press time, Dogecoin traded 1.3% higher at $0.15 over 24 hours.
Read Next: How Coinbase’s Superbowl Ad Went Viral — Unwittingly
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