Bitcoin miners sold roughly $485 million worth of BTC during a 12-day stretch that ended on Aug. 23, prompting questions about whether the outflows are a warning sign or simply routine profit-taking. Although Bitcoin briefly reclaimed the $112,000 level after slipping to a six-week low days earlier, miner wallets
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Need to know what happened in crypto today? Here are the main developments affecting Bitcoin, Ethereum, DeFi, NFTs, market regulation and investor risk. Kanye West’s YZY token: massive losses for most, a few big winners The Solana-based YZY token, launched on Aug. 21, initially spiked about 1,400% in
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Trump's Fed chair shortlist of 11 includes several with crypto ties The administration is reportedly vetting a group of 11 candidates to replace Jerome Powell as Federal Reserve chair when his current chair term expires in May. Several people on the list have histories or public comments that
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Ethereum is very much ‘the Wall Street token,’ VanEck CEO says Jan van Eck, CEO of investment manager VanEck, told Fox News Business that Ethereum is poised to become the dominant blockchain for banks handling stablecoin transfers. He argued that financial institutions will need to adopt blockchain infrastructure within the
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Investment advisers have emerged as the largest trackable institutional cohort buying spot Bitcoin and Ether exchange-traded funds, representing roughly $18.3 billion of combined exposure, according to data compiled by Bloomberg Intelligence. Bloomberg ETF analysts show advisers boosted their Ether ETF holdings by more than $1.3 billion in the
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U.S. prosecutors have appealed the sentences of time served that were handed down to Sergei Potapenko and Ivan Turõgin, the co‑founders of HashFlare, arguing the pair should receive prison terms of about ten years. The appeal was filed with the U.S. Court of Appeals for the Ninth
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Analyst James Check says Bitcoin’s market cycles are driven more by shifts in adoption and market structure than by the four‑year halving timetable that many traders treat as the primary anchor for bull and bear phases. According to Check, Bitcoin has gone through three distinct cycles. The first,
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Around a quarter of British adults say they are open to including cryptocurrency in their retirement plans, according to a new poll by UK insurance company Aviva. The survey of 2,000 UK adults found 27% would consider adding crypto to their retirement fund, and just over 40% of those
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Canary Capital has filed to launch an exchange-traded fund that would directly hold Official Trump (TRUMP), but some market observers say the product faces substantial regulatory obstacles that may prevent it from being approved. The firm submitted a filing with the U.S. Securities and Exchange Commission outlining a Canary
Hut 8, the Bitcoin mining company, said it will build four new sites across Texas, Louisiana and Illinois that together add roughly 1.5 gigawatts of power capacity. The move is intended to broaden the company’s geographic footprint and position it in markets where energy demand is growing fastest.
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Commerce Secretary Howard Lutnick announced at a White House cabinet meeting that the U.S. Department of Commerce will begin publishing economic statistics on a blockchain, starting with gross domestic product (GDP) figures. Lutnick described the effort as part of a broader push to expand blockchain-based distribution of government data
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Bitcoin has slipped below the old all-time high near $109,300, leaving bulls on edge after a swift pullback from recent peaks. The move forms part of a broader 13% retracement from all-time highs and raises questions about where BTC price action heads next. Technically, several key trendlines are now