News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Strategy Accumulates 4% of Bitcoin Supply
Strategy has acquired 24,869 BTC, representing 4% of Bitcoin's supply, while BitMine holds 5.28 million ETH, totaling $12.6 billion in assets.
James Park3 min - Crypto
Study: Nearly Half of Russian Crypto Users Don't Verify Asset Origins
A recent study reveals that nearly half of Russian crypto users do not verify the origins of their assets, highlighting a gap in compliance practices.
Aisha Patel1 min - Crypto
Bitcoin Depot to Shut Down Its Network of 9,000 ATMs
Bitcoin Depot has filed for bankruptcy and will shut down its network of 9,000 cryptocurrency ATMs due to regulatory pressures and financial losses.
James Park1 min - Crypto
Hackers Steal $11.5 Million from Verus Protocol
The Verus DeFi protocol lost $11.5 million in a recent attack on its Ethereum cross-chain bridge, with funds still in the hacker's wallet.
Sarah Chen1 min - Crypto
Analyst Highlights Bitcoin's Strong Fundamentals
Analyst Michaël van de Poppe emphasizes Bitcoin's resilience and strong fundamentals amidst recent market fluctuations.
James Park2 min - News
Weekly Recap: New Fed Chair and $10 Million THORChain Hack
This week saw Bitcoin stabilize around $78,000, Kevin Warsh appointed as the new Fed Chair, and a $10 million hack of THORChain.
Aisha Patel5 min - Crypto
Bhutan Denies Selling 13,000 BTC from Its Bitcoin Reserve
Bhutan's DHI denies selling Bitcoin from its reserve, clarifying that the national fund still holds 3,121 BTC despite speculation about sales.
Aisha Patel1 min - News
New Fed Chair and Trump's Deal with China: Market Impacts
This week examines Trump's China deal, the new Fed Chair's crypto stance, an AI-assisted Bitcoin recovery, and Palantir's influence on government policy.
Marcus Reid2 min - News
IREN Raises $3 Billion for AI Infrastructure Development
IREN has successfully raised $3 billion through convertible bonds to enhance its AI infrastructure, reflecting a broader trend of Bitcoin miners shifting towards AI technologies.
Elena Volkov2 min - Crypto
JPMorgan Predicts Ethereum Will Continue to Lag Behind Bitcoin
JPMorgan analysts report that Bitcoin continues to outperform Ethereum, with institutional interest favoring Bitcoin amid low activity in the altcoin market.
Marcus Reid1 min - Crypto
CoinDesk: Binance Captured 78% of Net Inflows to CEX in May
In May, Binance captured 78% of net inflows to centralized exchanges, while Bitcoin faced significant outflows, indicating a shift in market dynamics.
Marcus Reid2 min - News
Hackers Steal $10 Million from THORChain
Hackers have stolen over $10 million from the THORChain protocol, affecting multiple blockchain networks including Bitcoin and Ethereum.
Marcus Reid1 min