Jihan Wu News

02.06 / 10:25

Bitcoin Miner stake acquires Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer

Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase an additional $50 million in shares within a year. The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday. Cantor Fitzgerald & Co. acted as the placement agent.

02.05 / 12:33

markets Ethereum community Trade Experts Shiba Inu innovations Features Shiba Inu Competitor Priced Below $0.02 Could Make You 10 Times Richer by the End of 2024, Reckons Altcoin Expert Who Called Ethereum’s $4800 Top

The world of cryptocurrency is known for its volatility and potential for astronomical gains. In recent times, a new contender has emerged in the form of Hump (HUMP), positioned as a competitor to the renowned Shiba Inu. With a price below $0.02, Hump has caught the attention of investors worldwide, particularly after its staggering surge of over 97x shortly after its launch. This surge not only turned early investors into millionaires but also piqued the interest of seasoned experts, such as Jihan Wu, who famously predicted Ethereum’s $4800 top in November 2021. Now, Wu is suggesting that Hump, priced at $0.009537 as of writing, could potentially make investors ten times richer by the end of 2024.

08.01 / 21:42

markets ETF SEC security Trade Bitcoin reports SEC Chairman Jay Clayton Says Bitcoin ETF Approval Is Inevitable

Jay Clayton, former chair of the United States Securities and Exchange Commission (SEC), believes it’s only a matter of time before a spot Bitcoin ETF is approved.

06.01 / 10:12

Digital ETF SEC community humor Bitcoin reports NOT ETFs Are Tots Coming, ETFs Are Not Coming, ETFs Are ETFing and 20 Crypto Jokes

This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes.

04.01 / 05:36

us sec Bitcoin Etf Bitcoin Price spot ETF Matrixport Founder Jihan Wu Addresses Spot ETF Report Responsible for Market Crash

Crypto tycoon and Matrixport co-founder Jihan Wu addressed concerns surrounding the company’s report predicting the rejection of spot Bitcoin ETF applications by the U.S. Securities and Exchange Commission (SEC).

03.01 / 19:21

Provident ETF SEC Research Bitcoin reports analyst “We Have Heard Nothing to Indicate Anything but Approval,” Senior ETF Analyst Says

A senior ETF analyst has cast doubt on the accuracy of a new report published by crypto investment services provider Matrixport alleging the SEC may very well reject all spot Bitcoin ETF applications come January.

07.11 / 11:37

OPNX Matrixport Roger Ver Pursues Closing Up of Matrixport in Seychelles Lawsuit Over $8 Million Dispute

A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds.

09.10 / 16:31

business Blockchain Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain has paused employee salary payments for September and beyond.

09.08 / 19:47

business Mining stocks Financial Bitdeer, B. Riley Financial enter into agreement for $150M share purchase

Bitdeer, a crypto mining firm spun off from mining manufacturer Bitmain, has entered into an agreement with the special purpose acquisition company (SPAC) B. Riley Financial to sell up to $150 million of its Class A ordinary shares.

03.05 / 08:27

Mining Asia Bitcoin Bhutan’s DHI and Bitdeer to raise $500M to develop sustainable mining operations

Nasdaq-listed mining company Bitdeer Technologies Group and Bhutan’s sovereign investment arm Druk Holding and Investments (DHI) have teamed up to create eco-friendly and carbon-free digital asset mining operations in the Kingdom of Bhutan.

11.04 / 17:47

Enterprise Bitcoin China fines Bitcoin mining firm Bitmain over tax violations

According to a recent report from a local news agency Sina Finance, China has sanctioned the Bitcoin mining company Bitmain Technologies for alleged tax violations.

03.11 / 00:49

business Mining SEC Bitmain Bitcoin mining firm Bitdeer could delay public offering till 2023

Bitdeer, a crypto mining firm spun off from China-based mining manufacturer Bitmain, may see its public offering on Nasdaq delayed a year depending on a vote from shareholders of Blue Safari Group Acquisition Corp.

15.10 / 15:33

Binance Mining 500 Binance Announces $500 Million Funding for Bitcoin Mining

Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.

14.10 / 14:11

Binance Digital Pool Bitcoin Binance Launches $500M Fund for Distressed Bitcoin Miners

Private and publicly-listed bitcoin miners can now apply for loans with Binance, as the cryptocurrency exchange launched a $500 million fund on October 14 for miners unable to cope with the ongoing downturn of the crypto-market conditions.

details regarding Jihan Wu

Who is Jihan Wu?

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