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The latest crypto headlines, updated continuously. · Page 163

AI chipmaker Cerebras down 11% after first public earnings report
crypto3 months ago

AI chipmaker Cerebras down 11% after first public earnings report

While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.

CoinDesk

$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?
crypto3 months ago

$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?

ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor sentiment.

Cointelegraph

Starmer steps down: What Andy Burnham means for crypto in the UK
crypto3 months ago

Starmer steps down: What Andy Burnham means for crypto in the UK

Burnham brings a dose of optimism to the UK crypto industry, having previously supported the blockchain industry as mayor of Manchester.

Cointelegraph

Crypto critic Roubini joins tokenization boom with onchain 'Technodollar'
crypto3 months ago

Crypto critic Roubini joins tokenization boom with onchain 'Technodollar'

The economist known as "Dr. Doom" is supporting a tokenized security backed by a Nasdaq-listed ETF he oversees, designed to protect wealth in global crises.

CoinDesk

Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT
crypto3 months ago

Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT

The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money.

Cointelegraph

Crypto isn't the problem with the US economy, says senator
crypto3 months ago

Crypto isn't the problem with the US economy, says senator

Louisiana Senator John Kennedy largely dismissed what he called the “promotion” of cryptocurrency by the Digital Chamber CEO Cody Carbone in a Senate hearing on affordability.

Cointelegraph

Multi-year Bitcoin holder selling falls to 19-month low as halving model flags new market bottom date
crypto3 months ago

Multi-year Bitcoin holder selling falls to 19-month low as halving model flags new market bottom date

OG Bitcoin holders' spending dropped to a 19-month low, as market cycle indicators point to September as a potential market bottom.

Cointelegraph

Zcash miner Fortitude gets Nasdaq listing via HeartSciences merger
crypto3 months ago

Zcash miner Fortitude gets Nasdaq listing via HeartSciences merger

The all-stock deal gives Fortitude a Nasdaq listing while HeartSciences retains its healthcare business and existing shareholders keep a minority stake.

Cointelegraph

Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
crypto3 months ago

Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT

The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.

CoinDesk

CFTC chair says perp trading not suitable for all assets it regulates
crypto3 months ago

CFTC chair says perp trading not suitable for all assets it regulates

Michael Selig told US cotton producers that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit for traditional commodity markets, like agriculture.”

Cointelegraph

BNY sees 'FOMO' driving asset managers into tokenized funds
crypto3 months ago

BNY sees 'FOMO' driving asset managers into tokenized funds

Fund issuers are exploring blockchain-based ETFs amid fears of missing an early foothold in tokenized finance.

CoinDesk

CBOE weighs converting BTC, ETH continuous futures into perpetual futures: Report
crypto3 months ago

CBOE weighs converting BTC, ETH continuous futures into perpetual futures: Report

As US regulatory changes accelerate the adoption of crypto perpetual futures and rivals Coinbase and Kalshi expand their offerings, Cboe mulls a product overhaul.

Cointelegraph

Chainlink joins European and Korean bank consortia to develop FX settlement network
crypto3 months ago

Chainlink joins European and Korean bank consortia to develop FX settlement network

Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.

Cointelegraph

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
crypto3 months ago

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.

CoinDesk

Bitcoin teases $62K breakdown as analysis sees Micron earnings volatility next
crypto3 months ago

Bitcoin teases $62K breakdown as analysis sees Micron earnings volatility next

Bitcoin stayed volatile while bulls tried to preserve support at local lows while stocks prepared for Micron forward earnings and digested Asia losses.

Cointelegraph

Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
crypto3 months ago

Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset

The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization's ongoing turmoil.

CoinDesk

Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
crypto3 months ago

Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank

Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

CoinDesk

Bitcoin slump worsens amid SpaceX rout: Can BTC price hold $60K any longer?
crypto3 months ago

Bitcoin slump worsens amid SpaceX rout: Can BTC price hold $60K any longer?

SpaceX’s $600 billion wipeout rattles tech markets, putting Bitcoin’s $60,000 support at risk as traders brace for a deeper BTC selloff.

Cointelegraph