Crypto
BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum’s price fall.BitMine acquired $199 million worth of Ether (ETH) during the past two…
PayPay, a payment service operated by the Japanese investment holding company SoftBank Group, is integrating new payment rails on Binance Japan following its investment in the platform.Binance Japan and PayPay have launched a new integration service with PayPay Money, an…
Elon Musk is more handsome than Brad Pitt, fitter than LeBron James and could easily outclass former heavyweight champion Mike Tyson in a boxing ring — at least that’s according to his AI chatbot Grok, after the latest 4.1 update…
The real-world asset (RWA) market value could more than triple by 2026, as it expands beyond crypto-native use cases and utility, according to Chris Yin, co-founder and CEO of RWA-focused layer-2 blockchain Plume. Speaking to Cointelegraph, Yin said that RWA value…
Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely.The MSCI Index announced in October that it was consulting…
The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washington’s new Bitcoin-themed bar, Pubkey.“Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment…
Veteran trader Peter Brandt said he doesn’t see Bitcoin reaching $200,000 before the end of the year as some crypto executives have predicted. In fact, he argues it may take nearly four more years to get there.“The next bull market…
Key takeaways:Volatility and uncertainty in the Big Tech industry, along with concerns about Fed policy, pressured risk assets, driving Bitcoin’s correlation with the Nasdaq to its highest level in months.Crypto traders expect improved liquidity ahead as US fiscal pressures grow…
Key takeaways:Ether treasury companies are sitting on millions of dollars of unrealized losses, raising concerns about their sustainability.Ether treasury companies trading below NAVs signal eroding confidence, potentially pressuring ETH price further.An ETH price fractal hints at $2,500 as the 200-week…
The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company BitMine. Speaking with CNBC on Thursday, Lee suggested that…
Predictions market platform Kalshi has reportedly raised an additional $1 billion from at least two venture capital firms, increasing its valuation to $11 billion.Kalshi’s latest funding round was led by Sequoia Capital and CapitalG, according to a report on Thursday…
The US Securities and Exchange Commission’s Crypto Task Force has scheduled a roundtable discussion centered on privacy and financial surveillance for December, as a renewed focus on privacy grips the cryptocurrency industry.The privacy roundtable is slated for Dec. 15. Like…
Danielle Sassoon, one of the US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary hearing involving a deal with one of the company’s executives. In a Thursday hearing in the US District…
Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle. In a Thursday notice, Republican leaders with the Senate Agriculture Committee said they had advanced Selig’s…
A US lawmaker introduced a bill in the House of Representatives on Thursday that would allow Americans to pay their federal taxes in Bitcoin, which would then be funneled into the US strategic Bitcoin reserve.Under the Bitcoin for America Act…
Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new offering powered by Morpho and running on Base.The exchange said the product is available across most US states,…
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