Crypto
Cryptocurrency, blockchain, and digital asset news.
Democrats added certain consumer protection rules to CLARITY: Coinbase exec
Coinbase vice chair Ryan VanGrack said that Democratic lawmakers had added provisions on customer protection to a digital asset market structure bill under consideration in the US Senate.
Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center
The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.
Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?
Despite muted derivatives sentiment, Bitcoin’s decoupling and Strategy’s cash raise set the stage for a potential rally to $70,000.
SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme
The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction of the funds on mining operations.
Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform.
Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin
The Ethereum treasury firm added 7,430 ETH over the past week, bringing its holdings to nearly 5% of the network’s circulating supply.
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multi-billion-dollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers and cloud computing.
Nigerian president signs order on approach to crypto regulation, taxes
The West African country’s executive order established a virtual asset council and addressed the fragmentation of crypto regulation for oversight and enforcement.
Bernstein raises Robinhood price target, cites tokenization and prediction markets
The brokerage’s blockchain strategy, including tokenized equities and its Arbitrum-based Robinhood Chain, could reduce its reliance on traditional crypto trading, analysts said.
Bitcoin price hits $65K wall as stocks battle ‘record’ institutional tech sell-off
Bitcoin faced troublesome resistance at $65,000 while traders still saw a potential BTC price breakout into a “bullish market structure.”
IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.
Inside Cardano's 'Van Rossum' hard fork, and what it means for users
The Van Rossem hard fork moved Cardano to version 11 on Saturday. And for the first time, Cardano's community voted in the upgrade, not the company that built it.
Exodus to cut 25% of global workforce in payments shift
This restructuring is part of a strategy to build a full-stack payments platform following the company's acquisitions of Monavate and Baanx.
Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector
The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
Peter Brandt predicts the exact day Bitcoin’s bear market will be over
Renowned trading analyst Peter Brandt says investing in Bitcoin today, will pay off much better in two to three years than buying AI stocks at current prices.
Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock.
The company added just 7,430 ETH, worth about $14 million, last week as it nears its goal to corner 5% of Ethereum's supply.
Strategy raises $263.5M through MSTR sales, holds 843,775 Bitcoin
Strategy boosted its cash reserve to $3.225 billion after selling MSTR shares, while investors weighed the value of its STRC preferred stock.
Saylor's Strategy raises cash reserves to $3.225 billion, leaving bitcoin holdings unchanged
For the second consecutive week, the firm kept bitcoin holdings steady, choosing to use the raised capital to boost cash for paying dividends on its preferred stock.