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Musk’s SpaceX Holds $603 Million in Bitcoin Despite $5 Billion Loss From xAI

SpaceX is sitting on 8,285 BTC worth $603 million in the custody of Coinbase Prime while reporting a loss of nearly $5 billion for 2025, according to data from Arkham Intelligence and a report from The Information published Friday evening. The loss marks a sharp reversal from the previous year, when SpaceX generated about $8 […]

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Bitcoin and broader market stagnate as US-Iran negotiations begin

Bitcoin BTC$73,691.17 is trading below $73,000 on Saturday, down about 0.2% in 24 hours, as U.S. and Iranian officials opened high-level talks in Islamabad. The broader crypto market is generally flat. The market rose during the week after a two-week ceasefire was announced, triggering a derivatives short sale that wiped out more than $430 million

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$1.6B Ether Machine SPAC deal collapses due to unfavorable market

A planned $1.6 billion SPAC merger between Dynamix Corporation (DYNX) and crypto company The Ether Machine has been halted due to unfavorable market conditions, The Ether Machine announced Friday. The deal, first revealed in July 2025, was to take ether treasury (ETH) company The Ether Machine public on Nasdaq under the symbol ETHM. The company

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The crypto honeymoon is over for now as analysts warn of a significant drop in first-quarter profits.

Cryptocurrency trading has cooled in early 2026, and Wall Street analysts are rushing to adjust their forecasts before companies report first-quarter results. A new study from Barclays and Oppenheimer shows several analysts reaching similar conclusions, weeks into the second quarter. Expectations are falling across the industry as trading volumes weaken and past projections appear overly

The crypto honeymoon is over for now as analysts warn of a significant drop in first-quarter profits. Read More »

Iran War Oil Shock Revives Inflation Trading and New Stablecoin Set

As the war with Iran and the closure of the Strait of Hormuz drive up oil prices, inflation is once again at the forefront of investors’ concerns. Inflation in the United States accelerated last month to 0.9%, driven mainly by energy costs linked to the Middle East conflict; Core inflation, which excludes energy and food

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Bitwise Files S-1 Update for Hyperliquid ETF as Race for HYPE Funds Intensifies

Crypto asset manager Bitwise has filed an amended registration statement with the U.S. Securities and Exchange Commission for a proposed exchange-traded fund (ETF) tied to Hyperliquid’s HYPE. The updated S-1 for the fund, which would own HYPE directly and be listed on NYSE Arca, indicated that it would trade under the symbol BHYP. The fund

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Crypto TradFi Perpetuals Predict Wall Street’s Direct Open Monday with 89% Accuracy

Cryptocurrency exchanges are beginning to take on a new role: pricing traditional assets while Wall Street is closed. The growing market for perpetual futures contracts tied to traditional financial instruments, including commodities like gold and oil, which operate around the clock on cryptocurrency exchanges, is responsible for this. Data from Binance Research suggests that these

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Crypto Clarity Bill Has 30% Chance of Passing This Year, Wintermute’s Hammond Says

Ron Hammond, head of policy at crypto market maker Wintermute, takes a cautious view of the Clarity Act, estimating its chances of passage this year at around 30%, even as momentum builds in Washington. “There are a lot of moving parts,” Hammond said, pointing to a legislative process that is moving forward, but unevenly. The

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