News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitdeer Explains Its Bitcoin Sale
Bitdeer has sold all its Bitcoin to prepare for new acquisitions, assuring the market that this move is strategic for liquidity and growth.
Elena Volkov2 min - Crypto
EMCD Launches Ethereum and Solana Staking with Yields Up to 3.5% and 7%
EMCD has launched a staking service for Ethereum and Solana, offering yields of up to 3.5% and 7% respectively, targeting institutional clients.
Sarah Chen1 min - News
OpenAI Cuts Spending Plan by $800 Billion Amid Stargate Project Failure
OpenAI has slashed its spending plan from $1.4 trillion to $600 billion by 2030, following the failure of its Stargate project, which has not progressed since its announcement.
Sarah Chen2 min - Crypto
Strategy Acquires 592 BTC for $39 Million Before Price Drop
Strategy has invested $39.8 million in Bitcoin, acquiring 592 BTC before a price drop, bringing its total holdings to 717,722 BTC.
Daniel Kim1 min - Crypto
Bloomberg Warns of a "Hard Landing" for Gemini Exchange
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is restructuring amid a market downturn, facing significant challenges and layoffs.
Elena Volkov2 min - Crypto
Polymarket Users See 75% Chance Bitcoin Will Fall Below $55,000
Polymarket users estimate a 75% chance Bitcoin will fall below $55,000, with $1.2 million wagered on this outcome amid a broader market decline.
Elena Volkov1 min - Crypto
Bitdeer Miner Sells Entire Bitcoin Reserve
Bitdeer, the mining company founded by Jihan Wu, has sold its entire Bitcoin reserve, totaling approximately 943.1 BTC, amid declining revenues.
Aisha Patel2 min - Crypto
Weekly Recap: Record Losses for Crypto Investors and Rising Mining Difficulty
The crypto market faces significant losses, with Bitcoin and Ethereum declining sharply. Mining difficulty has surged, while the Ethereum Foundation outlines its development roadmap.
Aisha Patel6 min - Crypto
Bitcoin Ends Half of the Last 24 Months on a High Note
Bitcoin has ended half of the last 24 months positively, with predictions of an 88% chance of growth in the next 10 months, potentially reaching $122,000.
Daniel Kim2 min - Crypto
BNP Paribas Chooses Ethereum for Money Market Fund Tokenization Pilot
BNP Paribas has launched a pilot on Ethereum to explore tokenization of money market funds, while Dubai advances real estate tokenization using XRP Ledger.
Elena Volkov1 min - Crypto
MARA Completes Acquisition of AI Infrastructure Provider Exaion
MARA Holdings has completed its acquisition of a 64% stake in Exaion, a French data center operator, marking a strategic move into AI infrastructure.
Daniel Kim1 min - News
Subtle Bitcoin Address Swaps, Data Breach at Adult Toy Maker, and Other Cybersecurity Events
This week in cybersecurity: hackers swap Bitcoin addresses, a new Android Trojan emerges, phishing attacks target Trezor and Ledger users, and major companies are exposed for tracking Chrome users.
Elena Volkov6 min