Crypto News

Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.

Crypto Sarah Chen

Antelope Enterprise Surges 275% on Bitcoin-Backed Share Buyback Plan

Antelope Enterprise shares skyrocketed over 275% after the company announced a $95,000 share buyback funded by $190,000 in realized Bitcoin gains from its 'Genius Plan.'

AEHL
Hut 8 Shares Surge 32% on $9.8 Billion Texas AI Data Center Lease
Crypto Sarah Chen

Hut 8 Shares Surge 32% on $9.8 Billion Texas AI Data Center Lease

Hut 8 (HUT) shares surged 32% after inking a $9.8 billion, 15-year lease for 352 MW of IT capacity at its Beacon Point data center in Texas, accelerating its pivot to AI.

HUT IREN CORZ NVDA AEP
Coinbase Cuts 700 Jobs, Pivots to AI as Crypto Market Weakens
Crypto Sarah Chen

Coinbase Cuts 700 Jobs, Pivots to AI as Crypto Market Weakens

Coinbase will eliminate 700 jobs, or 14% of its workforce, as it restructures around AI and responds to weak crypto markets.

COIN
XRP Holds Above $1.40 as ETF Inflows and Regulatory Hopes Collide
Crypto Sarah Chen

XRP Holds Above $1.40 as ETF Inflows and Regulatory Hopes Collide

XRP traded near $1.43 early Wednesday, supported by $11.28 million in spot ETF inflows and renewed optimism over U.S. crypto legislation progress.

MSTR COIN
Strategy Halts Bitcoin Purchases After $7.5 Billion Buying Spree Ahead of Q1 Earnings
Crypto Sarah Chen

Strategy Halts Bitcoin Purchases After $7.5 Billion Buying Spree Ahead of Q1 Earnings

Strategy paused its bitcoin buying spree last week, halting after a $7.5 billion, three-month acquisition run. The company holds 818,334 BTC and reports Q1 earnings Tuesday.

MSTR
Coinbase Cuts 700 Jobs in AI-Driven Restructuring
Crypto Sarah Chen

Coinbase Cuts 700 Jobs in AI-Driven Restructuring

Coinbase is cutting 700 jobs to streamline operations and embrace AI, with restructuring costs estimated at $50-$60 million.

COIN
Coinbase Shares Surge as Senate Compromise Revives Stablecoin Regulation Bill
Crypto Sarah Chen

Coinbase Shares Surge as Senate Compromise Revives Stablecoin Regulation Bill

Coinbase shares climbed Monday after a Senate compromise on stablecoin rewards revived the CLARITY Act, which had been stalled for months.

COIN HOOD
Strategy's Bitcoin Bet Faces Earnings Test as Options Signal 8% Swing
Crypto Sarah Chen

Strategy's Bitcoin Bet Faces Earnings Test as Options Signal 8% Swing

Strategy Inc. reports Q1 earnings Tuesday, with options implying an 8.07% stock swing. Bitcoin holdings hit 818,334 BTC after a $255M purchase pause, as analyst raises target to $225.

MSTR COIN HOOD
Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens
Crypto Sarah Chen

Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens

Bitmine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $22.9M, boosting its total ETH holdings to over 5M tokens, or 4.2% of supply. BMNR closed at $21.88.

BMNR
Crypto Sarah Chen

Senate Stablecoin Deal Opens Door for Ripple's RLUSD Expansion

A Senate deal on stablecoin rewards unlocks crypto legislation, boosting Ripple's RLUSD as it expands on OKX with over 280 trading pairs and margin collateral use.

IBIT
Strategy Inc. Holds STRC Dividend at 11.5%, Shareholders Vote on Semi-Monthly Payouts
Crypto Sarah Chen

Strategy Inc. Holds STRC Dividend at 11.5%, Shareholders Vote on Semi-Monthly Payouts

Strategy Inc. keeps STRC dividend at 11.5% and sets $0.958333333 per-share payout. Shareholders vote on switching to semi-monthly dividends, with results at June 8 meeting.

MSTR
Satoshi Nakamoto Mystery Reignites as Adam Back Challenges New Documentary Claims
Crypto Sarah Chen

Satoshi Nakamoto Mystery Reignites as Adam Back Challenges New Documentary Claims

Adam Back challenges a new documentary's claims about Satoshi Nakamoto's identity and holdings, as Bitcoin trades near $76,000. The ongoing mystery continues to fuel crypto narratives.

COIN MSTR