News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Cango Reports $453 Million Loss in First Year of Bitcoin Mining
Cango reported a staggering $453 million loss in its first year of Bitcoin mining, attributing it to one-time costs and market volatility.
Sarah Chen2 min - News
Corporations Accelerate Transition of Stock Markets to Blockchain
Corporations are increasingly moving stock markets to blockchain, reshaping finance as major exchanges like NYSE and Nasdaq join the trend.
Sarah Chen3 min - News
Mastercard Agrees to Acquire BVNK for $1.8 Billion
Mastercard has agreed to acquire stablecoin startup BVNK for up to $1.8 billion, aiming to integrate blockchain solutions with traditional payment systems.
Elena Volkov2 min - Crypto
CryptoQuant Reports Return of Bitcoin Buyers to Major Exchanges
CryptoQuant reports a resurgence of Bitcoin buyers on major exchanges after two months of selling, indicating potential market recovery.
Elena Volkov3 min - News
OpenSea Delays Launch of SEA Token
OpenSea has postponed the launch of its SEA token, originally set for March 30, due to challenging market conditions, with a new date to be announced later.
Daniel Kim1 min - Crypto
Bitdeer Launches ASIC Miner for Litecoin and Dogecoin
Bitdeer has launched the SEALMINER DL1 Air, an ASIC miner for Litecoin and Dogecoin, featuring a hashrate of 25 GH/s and energy efficiency of 149 J/GH.
Daniel Kim2 min - Crypto
$50 Million Loss: Aave Blames User, CoW Swap Points to Algorithm Failure
Aave and CoW Swap provide conflicting accounts of a $50 million token loss, with each blaming different factors for the incident.
Daniel Kim2 min - Crypto
Mass Withdrawal of 32,000 BTC to Cold Wallets Signals Bitcoin's Rise to $80,000
Over 32,000 BTC have been withdrawn from exchanges, indicating bullish sentiment and potential for Bitcoin to reach $80,000, according to analysts.
Daniel Kim2 min - Crypto
Expert Predicts Bitcoin's 'Death' Due to Miners Switching to AI
An expert claims that AI hosting is significantly outpacing Bitcoin mining, leading to a potential decline in the Bitcoin network.
Aisha Patel3 min - Crypto
Strategy Acquires 22,337 BTC for $1.57 Billion
Strategy has acquired 22,337 BTC for $1.57 billion, raising its total reserves to 761,068 BTC. Metaplanet and BitMine also reported significant developments in their cryptocurrency investments.
Daniel Kim3 min - Crypto
Bitcoin Tests Resistance at $74,000
Bitcoin has tested resistance at $74,000, supported by capital inflows into ETFs and positive movements in altcoins, despite overall market pessimism.
Marcus Reid2 min - Crypto
Ethereum Outpaces Bitcoin as Institutional Interest Returns
Ethereum's price growth outpaces Bitcoin as institutional interest returns, highlighted by significant purchases from Erik Voorhees and Billy Ludtke.
James Park2 min