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Toncoin Price Drops to Key $2.07 Support Level as Selling Pressure Builds

Toncoin has experienced a decline of 2%, reaching a price of $2.07, which continues a week-long downtrend characterized by lower highs and persistent selling activity. The token briefly increased to $2.16 but faced significant resistance at that level, with a trading volume of 3.61 million tokens exchanged. The price drop below $2.1 has shifted market dynamics, leading traders to monitor a key support level at $2.05. If this support level fails with heavy volume, further declines may follow. To regain upward momentum, Toncoin would need to reclaim and maintain levels above $2.1, with $2.16 identified as a crucial resistance point. Momentum indicators suggest weakening conditions, although the decline is less severe compared to other major altcoins.

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Bitcoin Miner CleanSpark Extends Stock Slump After Upsizing Notes Offering to $1.15 Billion

Bitcoin mining company CleanSpark has increased its convertible notes offering from $1 billion to $1.15 billion, aiming to raise over $1 billion for various corporate purposes. The company plans to allocate approximately $460 million to repurchase its own shares from note investors at a price of $15.03 per

Bitcoin Miner CleanSpark Extends Stock Slump After Upsizing Notes Offering to $1.15 Billion

Bitcoin miner CleanSpark announced an upsized convertible notes offering of $1.15 billion, an increase from the initial $1 billion. The company plans to use approximately $460 million from the offering to buy back its own stock at a price of $15.03 per share from note investors. Following these

Bitcoin Miner CleanSpark Extends Stock Slump After Upsizing Notes Offering to $1.15 Billion

CleanSpark, a Bitcoin mining company, has increased its convertible notes offering from $1 billion to $1.15 billion, leading to a continued decline in its stock price. After initially announcing the offering, which includes a potential additional $150 million in shares, CleanSpark's stock, CLSK, fell nearly 8%, extending

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