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The latest crypto headlines, updated continuously. · Page 107

Democrats added certain consumer protection rules to CLARITY: Coinbase exec
cryptoabout 2 months ago

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.

Cointelegraph

Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center
cryptoabout 2 months ago

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.

Cointelegraph

Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?
cryptoabout 2 months ago

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.

Cointelegraph

SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme
cryptoabout 2 months ago

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.

Cointelegraph

Exodus to cut 25% of staff in company reorganization
cryptoabout 2 months ago

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.

Cointelegraph

Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin
cryptoabout 2 months ago

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.

Cointelegraph

Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
cryptoabout 2 months ago

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.

Cointelegraph

Nigerian president signs order on approach to crypto regulation, taxes
cryptoabout 2 months ago

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.

Cointelegraph

Bernstein raises Robinhood price target, cites tokenization and prediction markets
cryptoabout 2 months ago

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.

Cointelegraph

Bitcoin price hits $65K wall as stocks battle ‘record’ institutional tech sell-off
cryptoabout 2 months ago

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.”

Cointelegraph

IREN jumps 16% after raising AI cloud revenue target above $4B
cryptoabout 2 months ago

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.

Cointelegraph

Inside Cardano's 'Van Rossum' hard fork, and what it means for users
cryptoabout 2 months ago

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.

CoinDesk

Exodus to cut 25% of global workforce in payments shift
cryptoabout 2 months ago

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.

CoinDesk

Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector
cryptoabout 2 months ago

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.

CoinDesk

Peter Brandt predicts the exact day Bitcoin’s bear market will be over
cryptoabout 2 months ago

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.

Cointelegraph

Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock
cryptoabout 2 months ago

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.

CoinDesk

Strategy raises $263.5M through MSTR sales, holds 843,775 Bitcoin
cryptoabout 2 months ago

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.

Cointelegraph

Saylor's Strategy raises cash reserves to $3.2 billion, leaving bitcoin holdings unchanged
cryptoabout 2 months ago

Saylor's Strategy raises cash reserves to $3.2 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.

CoinDesk