Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
Bitmine Faces $1B Ether Valuation Hit as Crypto Buffer Narrows
Bitmine's ether holdings lost $1.01B in value as ETH fell to $1,624.95, cutting the per-share backing buffer to $2.13. Staking revenue and index inclusion offer support, but risks remain.
Circle Stock Rises on Trust Charter Approval, USDC Supply Drops $3.6B
Circle Internet Group (NYSE:CRCL) shares rose 5% Friday after winning approval for a national trust bank, but the stock gave back most gains. USDC stablecoin circulation dropped $3.6 billion since March.
Bitcoin Holds Near $64K Amid Iran Tensions; $303M Crypto Sale Looms
Bitcoin remains steady near $64,100 after U.S. strikes on Iran. Crypto faces a $303 million supply overhang from corporate sales, while ETFs see modest inflows.
MARA Holdings Retreats on Texas Power Deal Uncertainty
MARA Holdings shares gave back gains after announcing a $600 million Texas power site acquisition with no named tenant, raising concerns about financing and revenue.
XRP Exchange Supply Hits 7-Year Low, But Broader Data Tells Different Story
XRP's exchange supply fell to a seven-year low on a narrow metric, but a broader scan shows 15.68 billion XRP on exchanges, nearly 10 times higher.
Kraken Launches AI Trading with Minimal Assets, Eyes Retail Growth
Kraken's AI trading tools launch with only $377 in assets under management at its U.S. adviser, as the exchange targets revenue growth through agentic trading and retail engagement.
Bitcoin Hits $64K Despite $180M ETF Outflows; Rally Driven by Short Covering
Bitcoin climbed to $64,000 on Friday despite $180.2 million in ETF outflows. The rally was driven by short covering, a weaker dollar, and gains in Asian chip stocks.
XRP Slips Below $1.10; ETF Shortfall Widens to $563M
XRP failed to hold $1.10, with top US spot ETFs showing a $563M gap between net inflows and assets, suggesting potential selling pressure.
Bitmine Stock Rises 2% as $2.6B Asset Gap Raises Questions
Bitmine (NYSE:BMNR) shares rose 2% to $14.98, yet the market cap of $8.53 billion trails its $11.1 billion in assets by $2.6 billion, signaling a potential discount.
MARA Holdings Surges on Texas AI Data Center Plan, Tenant Still Elusive
MARA Holdings shares surged 11.8% after revealing a 2-GW AI data center site in Texas, adding about $540 million in market cap despite no tenant secured.
Bitcoin Rebounds to $62,718 as Traders Weigh Fed Minutes and ETF Outflows
Bitcoin rose 1% to $62,718 on Thursday as traders weighed a tentative buyer return against a hawkish Fed backdrop and mixed ETF flows.
XRP Holds Above $1 as Market Awaits Next Catalyst
XRP holds above $1 support amid cautious crypto market, with technicals and macro data in focus. Ripple's EU license adds regulatory clarity.