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Exodus (EXOD) to Eliminate 25% of Global Payments Transfer Workforce

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Crypto wallet company Exodus Movement (EXOD) will cut around 25% of its global workforce as it reshapes its business around stablecoin payments and card infrastructure. The Omaha, Nebraska-based company said in a statement that the layoffs were part of a broader effort to reduce costs while supporting its strategy to build a comprehensive payments platform. […]

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Strategy (MSTR) Increases Cash Reserves to $3.2 Billion Without Bitcoin (BTC) Sale

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Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,179.43 The holder increased its cash reserve by about $225 million last week after selling common stock, boosting liquidity while leaving its bitcoin holdings unchanged. Michael Saylor, executive chairman of the company, said on Monday that Strategy now holds a US dollar reserve of $3.225 billion alongside its

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Bitmine (BMNR) slows pace of ETH purchases to shift liquidity toward $86 million stock buyback

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Bitmine (BMNR), the largest Ethereum treasury company, purchased only 7,430 ether (ETH) last week, reducing its buying spree by redirecting capital into a stock buyback. The latest purchase, worth about $14 million at the current ether price of $1,879, brought BitMine’s holdings to 5.78 million ETH, or about 4.8% of Ethereum’s circulating supply, according to

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Brazil’s securities regulator sets up working group with 60-day deadline for tokenization proposal

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Brazil’s securities regulator, the Comissão de Valores Mobiliários (CVM), said it had created a working group to draft an experimental framework for tokenized securities. The regulator said the framework would cover the registration, custody, trading and settlement of securities using distributed ledger technology. The group must send its first proposal to the CVM board within

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A Rise in BTC Price Volatility Could Be Ahead, Key Indicator Suggests: Crypto Daily

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Although past trends never guarantee future performance, volatility measures are widely known to revert to the mean. This cyclical nature suggests that periods of below-average volatility are often followed by greater turbulence, while above-average volatility sets the stage for market stability. Currently, the index is trading below its 30-day and 200-day simple moving averages. Essentially,

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Crypto Prices Slide Without Macro Catalyst as PUMP Steals the Show: Crypto Markets Today

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Crypto Market Drops, Along With Bitcoin BTC$64,264.71 has lost 1% since midnight UTC while ether (ETH) is holding up slightly better, losing 0.65% even as some other risk assets, such as US stock index futures, advance. Nasdaq 100 and S&P 500 index futures posted gains of 0.35% and 0.20%, respectively, widening the divergence between crypto

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Hyperliquide plans to introduce decentralized prediction markets in HIP-4 upgrade

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Hyperliquid said its HIP-4 upgrade, which introduced “outcome trading” to the decentralized exchange, will support permissionless deployment of contracts in a future enhancement. Once live, anyone will be able to offer a prediction market on the platform, subject to models approved by validators, Hyperliquid said on Telegram on Sunday. In the meantime, they remain under

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Crypto week ahead

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The major Crypto events this week are taking place in Washington DC. A House Financial Services subcommittee opens with a hearing on oversight of the Financial Crimes Enforcement Network. The Office of the Comptroller of the Currency (OCC) comment period on proposed GENIUS Act rules extending anti-money laundering standards and sanctions to stablecoin issuers ends

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