News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Block Cuts Staff While Tether Expands Globally
Block is cutting up to 10% of its workforce amid restructuring, while Tether expands its team and investments as it grows its international presence.
Marcus Reid2 min - Crypto
Bitcoin Tests Support at $60,000, Triggering Billion-Dollar Liquidations
Bitcoin's price fell to $60,000, triggering significant liquidations and market turmoil, while some indicators suggest renewed buyer interest.
Marcus Reid2 min - News
MicroStrategy Reports $12.6 Billion Loss Amid Bitcoin Market Correction
MicroStrategy reports a staggering $12.6 billion loss due to Bitcoin market corrections, with CEO Fong Lee assuring investors of the company's resilience.
Aisha Patel3 min - News
ETHZilla to Offer Tokenized Mortgages with 10.3% Annual Yield
ETHZilla, backed by Peter Thiel, is launching a tokenized mortgage product with a 10.3% annual yield, based on a $4.7 million loan portfolio.
Elena Volkov1 min - Crypto
Bitcoin Miners Shut Down Equipment Amid Record Losses
Bitcoin miners are shutting down operations due to record low revenues and rising energy costs, leading to significant stock declines among public mining companies.
James Park2 min - News
CME Group to Launch 'Tokenized Cash' in Partnership with Google Cloud
CME Group, in partnership with Google Cloud, is set to launch 'tokenized cash' by 2026, allowing market participants to use it in a decentralized network.
Sarah Chen1 min - Crypto
Bitcoin Falls Below $68,000
Bitcoin has fallen below $68,000 for the first time since November 2024, with significant market liquidations and signs of investor capitulation.
Sarah Chen1 min - Crypto
Deutsche Bank Identifies Factors Behind Bitcoin's Weakness
Deutsche Bank analysts attribute Bitcoin's recent decline to institutional outflows, changing market dynamics, and regulatory setbacks, suggesting a reset rather than a collapse.
Marcus Reid1 min - Crypto
Binance Sees $700 Million Inflow Amid Withdrawal FUD
Binance experienced a net inflow of nearly $700 million despite rumors of mass withdrawals and account closures, showcasing resilience amid technical issues.
James Park1 min - Crypto
Bitcoin Tests $70,000 Level Amid Macro Pressures and ETF Outflows
Bitcoin's price dipped below $70,000 for the first time since November 2024, influenced by macroeconomic factors and ETF outflows.
Daniel Kim2 min - Crypto
Peter Brandt Calls Bitcoin's Decline a Planned Campaign by Major Players
Peter Brandt attributes Bitcoin's recent price drop to major market players rather than retail panic, while Michael van de Poppe sees signals of a market bottom.
Sarah Chen3 min - News
Chainstory Study Reveals Scam Signs in Most Crypto Press Releases
A Chainstory study reveals that over 60% of crypto press releases show signs of scams, creating a false sense of legitimacy for dubious projects.
James Park2 min