Category: Cryptocurrency

3 weeks ago Cryptocurrency, Governance

Strategy Inc Posts $12.4B Loss: Saylor’s Rebrand Mars Historic Write-Down

The firm formerly known as MicroStrategy reported a $17.4B operating loss as Bitcoin tumbled to $63,000, testing the newly rebranded...
3 weeks ago Cryptocurrency, DeFi

Bitcoin Pierces $64K Support; $800M Liquidated in “FTX-Level” Rout

Liquidity evaporated after Treasury Secretary Scott Bessent signaled a hard line on crypto bailouts, sending Ether to 8-month lows and...
3 weeks ago Cryptocurrency, DeFi

Sovcombank Launches Public Bitcoin Loans; High-Interest Bet for Sanctioned Economy

Sanctioned Russian bank Sovcombank initiates public Bitcoin-backed lending at 23% APR, targeting holders unwilling to sell at $71k.
3 weeks ago Cryptocurrency, Governance

Bessent to Crypto ‘Nihilists’: Support CLARITY Act or Move to El Salvador

Treasury Secretary Scott Bessent blasts crypto firms opposing the CLARITY Act, telling 'nihilists' to relocate to El Salvador as Bitcoin...
3 weeks ago Cryptocurrency, Governance

BitMine Underwater: Tom Lee’s $16B ETH Bet Bleeds $8B as Ether Breaks $2k

BitMine's 4.28 million ETH treasury faces a historic stress test as Ethereum slides below $2,000, putting Tom Lee's strategy $8...
3 weeks ago Cryptocurrency, Security

Liquidity Crisis: Bitcoin Breaches $70K as Silver Collapse Triggers Global Margin Call

A 15% plunge in silver prices sparks a $2.5 billion liquidation cascade, forcing institutions to dump Bitcoin to cover margin...
3 weeks ago Cryptocurrency, DeFi

XRP Melts Down 16% as Bitcoin Surrenders $70K Support

XRP led a $1 billion market flush, plunging 16% to $1.36 as Bitcoin broke critical support at $70,000 amid hawkish...
3 weeks ago Cryptocurrency, Governance

Gemini Exits Europe & Australia; Cuts 25% of Workforce in Strategic Pivot

Gemini (NASDAQ: GEMI) shuts down operations in the UK, EU, and Australia while cutting 200 jobs to pivot toward US...

Brazil Enforces Ban on Algorithmic Stablecoins; Ethena’s USDe at Risk

Brazil's Central Bank enforces a hard ban on algorithmic stablecoins while reclassifying fiat-pegged assets as foreign exchange operations.

House Probe Targets Trump’s $500M UAE Crypto Deal; WLFI Slips 5%

Rep. Ro Khanna demands records on a $500M UAE stake in World Liberty Financial, alleging links to AI chip exports...