From Investing.com:

Minetrix, a company specializing in Ethereum-based cloud mining, has raised over $7.5 million. This shows increasing investor confidence in the cryptocurrency sector. The market is hopeful for a Bitcoin ETF approval, which could propel Bitcoin’s price from $44,000 to $50,000. The Securities and Exchange Commission (SEC) hinted at the possibility of an ETF approval in recent meetings. Despite earlier price drops and significant liquidations reported by Coinglass, the market remains optimistic. Minetrix plans to use the funds to expand its mining operations and enhance its marketing efforts. Their cloud-mining model aims to offer investors a way to participate in cryptocurrency mining with reduced risk during periods of market volatility.



Read more: Bitcoin Minetrix secures $7.5 million amid ETF optimism By Investing.com