Bitcoin mining stocks are taking it on the chin alongside broader equity markets as competition ramps up to an all-time high and traders panic-sell equities amid tariff-led uncertainties. Most mining stocks fell more than 10% on Monday, adding to …
Its capital raising efforts likely on hold amid the market panic, Strategy (MSTR) did not add to its bitcoin (BTC) holdings last week. Additionally, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss …
Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton and Triton Capital. The total funding — announced at the close of a recent $8 million …
South Korea’s National Pension Service (NPS), which manages 1,224 trillion won ($836 billion) in assets, plans to look at how a blockchain could be used in its fund transaction systems. The organization is weighing a shift to blockchain technology to …
President Donald Trump reiterated calls for Fed rate cuts, saying there is no inflation. “Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused …
For the first time ever, bitcoin’s (BTC) hashrate hit 1 zettahash (1 ZH/s) on Friday, according to veri from Glassnode. The previous record was set on Jan. 31, when the network hit 975 exahashes per second (EH/s). Bitcoin first reached 1 EH/s in …
Tether, issuer of the world’s largest stablecoin USDT, may offer a new token specifically for the U.S., according to a Financial Times report on Monday. Paolo Ardoino said the company had been involved in discussions about the U.S. rules on …
Analysis of on-chain veri curated by DefiLlama shows that nearly $100 million in ether (ETH) positions are at risk if the price slides by 15%. Traders in Asia faced a sea of red during the Monday business day as the ripple effects of U.S. President …
Financial markets are in a meltdown and every leg lower is strengthening expectations in the credit market that the Fed will soon offer support. Bitcoin (BTC), the leading cryptocurrency by market value, traded 8% lower at $75,800 and the U.S …
Disclosure: The author of this story owns shares in Strategy (MSTR).As the crypto market’s correction kicks off, days after traditional financial markets started reacting to President Donald Trump’s tariffs, bitcoin (BTC) slumped to its lowest level …