Siebert Financial to Raise $100M for Crypto and AI Investments via SEC-Approved Shelf Offering

Siebert Financial Corp. (NASDAQ: SIEB), a publicly traded financial services firm, announced on Monday that the U.S. The SEC has given the company the approval to use its S-3 shelf registration, so it can raise up to $100 million for crypto assets, AI, and acquisitions.Bitcoin, Ethereum, Solana &...Read More

Ethereum (ETH) is giving early signs that it has finally begun to show renewed strength after its recent price decline. The asset trades at $2,540 at the time of writing while sporting a modest 1% daily gain. BTC fell down to around $2,400 last week and began to move up due to the ongoing ‘bearish’...Read More

The crypto space is increasingly focusing its interest on artificial intelligence (AI), and especially on job displacement, as per recent data from Santiment.AI Discussions Outpace Crypto in Social ActivityBetween May 29 and June 5, Santiment’s Alpha Narratives dashboard revealed that discussions ab...Read More

When Bitcoin (BTC) hovered around the crucial $100,000 level the previous week, short-term holders (STH) started showing rising jitters, raising doubts about a more severe market correction.Short-Term Holder Jitters Indicate Price SensitivityIn a recent CryptoQuant Quicktake posted by contributor Da...Read More

Another main reason why the altcoin season has not yet kicked in is because of the predominant market strength of Bitcoin. While Bitcoin (BTC) continues to drive the recovery, its dominance is still at a high, and this is keeping the rise potential of altcoins down. Still, past patterns show us that...Read More