The weekend was a whirlwind of activities in the financial world, with a focus on cryptocurrency in particular. From Peter Schiff’s incredible preference for dogcoin over Bitcoin to the first quarter results of the riot platform, there was no intriguing lack of development. Let’s dive into the top story.
Peter Schiff prefers Dogecoin over Bitcoin
He is known for his criticism Bitcoin BTC/USDPeter Schiff made the headlines by expressing his preferences for DogeCoin, a meme-based cryptocurrency more than the major digital currency. Schiff’s attitude towards Bitcoin has always been important, questioning its value and the basis for its holders’ investments.
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Riot Platforms Q1 Results
Riot Platforms Inc. Riot It reported its first quarter financial results after the market closed on Thursday. The company saw its total revenues rise significantly from $79.3 million in the previous year’s quarter, mainly due to an increase of $71.5 million in Bitcoin mining revenue.
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reference: Shiba inu burn rate skyrockets 2,094%: What’s going on?
Classover Holdings $400 million stock trading
Classover Holdings Inc. has announced a $400 million share purchase facility agreement with Solana Strategies Holdings. The funding supports new financial strategies centered around working capital, acquisitions and Solana Token.
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SOFI reintroduces ciphers
SOFI Technology Sophie Following major changes in the regulatory environment under the Trump administration, cryptocurrency investments are planned to be reintroduced by the end of 2025. SOFI had previously discontinued its crypto investment services in late 2023 due to increased federal scrutiny of digital assets.
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World Freedom Stubcoin with $2 billion in trading
Eric Trump has announced that Trump’s family-backed Stablecoin USD1 will be used to close cryptocurrency exchange vinance and $2 billion deals. The announcement was made at the Token2049 Cryptocurrency Conference in Dubai.
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This story is generated using benzinga neurons; Ananya Gailora
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