Crypto News

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

Circle Internet Group Faces Legal Heat Ahead of Q1 Earnings
Crypto Sarah Chen

Circle Internet Group Faces Legal Heat Ahead of Q1 Earnings

Circle Internet Group shares trade near $100 as investors await Q1 earnings on May 11, amid a class-action lawsuit over the Drift Protocol hack and questions about USDC's growth and compliance.

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BitMine's $24M Ethereum Purchase Bolsters 5% Supply Target
Crypto Sarah Chen

BitMine's $24M Ethereum Purchase Bolsters 5% Supply Target

BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23.9M, pushing its holdings closer to the 5% supply target as BMNR shares trade near $22.

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Bitwise Leads XRP ETF Inflows as Market Digests $1.53B AUM
Crypto Sarah Chen

Bitwise Leads XRP ETF Inflows as Market Digests $1.53B AUM

Bitwise secured all $6.44M in daily net inflows for US spot XRP ETFs on April 24, raising its total to $426M. Goldman Sachs reported $153.8M in holdings, but XRP's price remains under pressure with technicals hinting at a potential 40% decline against bitcoin.

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FBI Probes Crypto Investor Wen Hou's Father Disappearance Amid Fraud Allegations
Crypto Sarah Chen

FBI Probes Crypto Investor Wen Hou's Father Disappearance Amid Fraud Allegations

FBI probes disappearance of Naiping Hou, father of crypto investor Wen Hou, amid cellphone spoofing and fraudulent bank transactions. Soybeans steady despite export sales drop.

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Keel Infrastructure Sells Paraguay Site for $13M, Exits Latin America
Crypto Sarah Chen

Keel Infrastructure Sells Paraguay Site for $13M, Exits Latin America

Keel Infrastructure sold its Paraguay facility for $13M, less than half the original price, completing its Latin American exit and shift toward AI data centers.

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XRP ETF Momentum Tested as GraniteShares Delays Leveraged Product Launch
Crypto Sarah Chen

XRP ETF Momentum Tested as GraniteShares Delays Leveraged Product Launch

XRP traded at $1.43 as GraniteShares delayed its 3x leveraged XRP ETF to May 7. Spot ETF inflows continue, but the token struggles to break resistance.

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Bitcoin Holds Near $78K as ETF Inflows Offset Oil and Dollar Headwinds
Crypto Sarah Chen

Bitcoin Holds Near $78K as ETF Inflows Offset Oil and Dollar Headwinds

Bitcoin hovers near $77,500 as $223.3M in ETF inflows support prices, but rising oil and a stronger dollar cap gains. Ethereum ETFs see $75.9M outflows.

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Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K
Crypto Sarah Chen

Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K

Crypto casinos are targeting low-stakes players with $2 minimum deposits as Bitcoin nears $78K, while UK's remote gaming duty hike pressures traditional bookmakers.

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Bitcoin Dips Below $78K as $80K Breakout Falters Despite Institutional Inflows
Crypto Sarah Chen

Bitcoin Dips Below $78K as $80K Breakout Falters Despite Institutional Inflows

Bitcoin slipped below $78,000 Thursday, retreating from a test of $80,000 as geopolitical risks and selling pressure near $78,000 offset strong ETF inflows and corporate purchases.

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Strategy's $2.54B Bitcoin Purchase Cements Lead Over BlackRock's ETF
Crypto Sarah Chen

Strategy's $2.54B Bitcoin Purchase Cements Lead Over BlackRock's ETF

Strategy purchased 34,164 Bitcoin for $2.54 billion last week, raising its total holdings to 815,061 BTC and moving ahead of BlackRock's iShares Bitcoin Trust. The company funded the buy through securities sales.

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XRP Holds $1.42 Amid Diverging Crypto Fund Flows
Crypto Sarah Chen

XRP Holds $1.42 Amid Diverging Crypto Fund Flows

XRP traded around $1.42, down 1%, with a market value of approximately $87 billion. Investment products saw $56 million in outflows last week, contrasting with substantial inflows into Bitcoin and Ether.

IBIT
Bitcoin Retreats Below $75K as Fed Uncertainty, Geopolitics Weigh
Crypto Sarah Chen

Bitcoin Retreats Below $75K as Fed Uncertainty, Geopolitics Weigh

Bitcoin declined 1.7% to $74,985, retreating from a push toward $77,000 amid reassessments of U.S. monetary policy and geopolitical risks. The cryptocurrency faced headwinds despite substantial inflows into spot Bitcoin ETFs and a major corporate purchase by Strategy.

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