The crypto market may be nearing the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk aversion event to push bitcoin. BTC$78,963.41 significantly lower. “While near-term risk remains tilted to the downside, we believe we are approaching the final round of the cryptocurrency bear market,” analysts Ed […]
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its weekly activity ETH$2,276.43 buying streak even as a strong crypto selloff compounded its unrealized losses and sent its shares to new 7-month lows. The company said in a Monday update that it purchased 41,788 ETH last week, its largest weekly token collection so far
BitMine (BMNR) added nearly $100 million in ETH amid market plunge Read More »
At a White House meeting held to melt the ice between crypto companies and Wall Street bankers, enthusiastic crypto insiders — who were vastly outnumbered by bankers — came away feeling like the banks were dragging their heels on reaching a deal on crypto market structure legislation. The White House has given them all new
White House crypto meeting weighs in on stablecoin yield debate on market structure bill Read More »
Binance co-founder Changpeng “CZ” Zhao took to social media on Monday to counter a series of allegations he called “pretty imaginative FUD” aimed at himself and his former exchange as the main culprit behind the dismal crypto price action. FUD – short for “fear, uncertainty and doubt” – is a term widely used in crypto
CZ pushes back on Binance ‘FUD’ as blame game for crypto crash persists Read More »
SpaceX, the rocket company founded by Elon Musk, has acquired xAI, the artificial intelligence company founded by Elon Musk. “Current advances in AI depend on large land-based data centers, which require immense amounts of power and cooling,” Elon Musk wrote in announcing the merger. “Global electricity demand for AI simply cannot be met with land-based
Igor Runets, who founded Russia’s largest cryptocurrency mining company BitRiver, is under house arrest for tax evasion, Bloomberg reported on Monday. Runets was arrested Friday and faces three charges for allegedly hiding assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes fully enforceable on
Russian cryptocurrency mining pioneer Igor Runets under house arrest for tax reasons Read More »
The vast majority of global family offices do not hold cryptocurrency in their portfolios, according to JPMorgan Private Bank’s 2026 Global Family Office Report. Despite the pervasive sense of geopolitical risks, highlighted in the bank’s wealth report, the appetite for traditional and emerging hedges remains limited: 72% of global family offices have no exposure to
Cboe Global Markets has confirmed it is developing a new options-based product offering all-or-nothing payouts, a structure that could put the exchange in direct competition with prediction markets like Polymarket, Kalshi, Robinhood. and Coinbase. Cboe, the leading options trading venue and famous for creating the Cboe Volatility Index (VIX), is in preliminary talks with brokerages
Cboe Global Markets has confirmed it is developing a new options-based product offering all-or-nothing payouts, a structure that could put the exchange in direct competition with prediction markets like Polymarket, Kalshi, Robinhood. and Coinbase. Cboe, the leading options trading venue and famous for creating the Cboe Volatility Index (VIX), is in preliminary talks with brokerages
GameStop (GME) prepares a high-stakes acquisition that could involve trading its bitcoin BTC$78,484.64 assets for a bold bet in the consumer sector. In an interview with CNBC last week, CEO Ryan Cohen said the company plans to acquire a publicly traded consumer company that is “very, very, very large” — one that could potentially increase
GameStop’s (GME) Ryan Cohen Moves On to Other Acquisition Targets Read More »
