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Quick Take DL Holdings plans to raise roughly $83.2 million through share placements to support its blockchain and crypto asset initiatives. Its stock fell more than 8% in Hong Kong on Thursday.
Cardano’s Midnight Network has launched the NIGHT token airdrop to over 30 million wallets, spanning eight major blockchains.
Quick Take Several bitcoin miners have published Q2 earnings reports on Thursday, with Cipher, CleanSpark, and Hut 8 showing modest gains quarter-over-quarter amid BTC’s rising price this year. Cipher notched a Q2 net loss of $46 million as it continues to invest in its HPC infrastructure, while Hut 8 saw net income of $137.5 million.
Quick Take Union Jack Oil and its partners plan to convert natural gas into electricity for on-site bitcoin mining at its UK-based West Newton site. Depending on its success, the initiative could also lead to adopting a new bitcoin treasury strategy, Executive Chairman David Bramhill said.
Omni Network (OMNI) has surged 25% in a sharp breakout from a long-term downtrend, driven by a 770% spike in trading volume.
BTC struggles to regain momentum after slipping below $116K, now lingering in a low-liquidity zone.
Quick Take Bitcoin has entered a “bullish cooldown” phase after hitting a new all-time high of over $123,000 last month, according to CryptoQuant. Slowing liquidity and profit-taking suggest a pause in the uptrend, the onchain analytics firm said.
