Crypto News

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

Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows
Crypto Sarah Chen

Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows

Morgan Stanley's new bitcoin fund drew $10.8M while BlackRock's IBIT lost $54.7M on April 29, signaling shifting investor preferences in the spot bitcoin ETF market.

MS BLK IBIT
Soluna Holdings Stock Surges on Sazmining Bitcoin Deal, Then Faces SEC Filing
Crypto Sarah Chen

Soluna Holdings Stock Surges on Sazmining Bitcoin Deal, Then Faces SEC Filing

Soluna Holdings shares rose after Sazmining started a 3MW Bitcoin mining site at Project Dorothy 1B, but an SEC filing for 2.46 million share resale tempers gains.

SLNH
Dogecoin Surges Past $0.10, But Rising Leverage Poses Reversal Risk
Crypto Sarah Chen

Dogecoin Surges Past $0.10, But Rising Leverage Poses Reversal Risk

Dogecoin rallied 10.9% to $0.1101, clearing the $0.10 resistance, but a 33% jump in futures open interest raises the risk of a sudden sell-off.

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Baiya International's BNB Bet Fuels 82% Stock Surge
Crypto Sarah Chen

Baiya International's BNB Bet Fuels 82% Stock Surge

Baiya International Group (BIYA) shares surged 82% after selecting BNB as its first core digital asset in the Cryptocurrency Ark Plan, with a $1 million purchase and share buyback strategy.

BIYA
11 Key Drivers Behind Bitcoin Price Fluctuations
Crypto Sarah Chen

11 Key Drivers Behind Bitcoin Price Fluctuations

Bitcoin's price is determined by supply and demand, with ETF flows, macro liquidity, regulation, and market sentiment now as influential as the halving event.

MSTR COIN IBIT FBTC
XRP Dips 2.7% to $1.39 Despite Ripple-K Bank Pilot, Stablecoin Focus Caps Rally
Crypto Sarah Chen

XRP Dips 2.7% to $1.39 Despite Ripple-K Bank Pilot, Stablecoin Focus Caps Rally

XRP slipped 2.7% to $1.39 on Monday as Ripple's new pilot with K Bank uses stablecoins, not XRP. The broader crypto market also declined, with bitcoin near $76,960.

IBIT
Strategy Inc. Boosts Bitcoin Holdings to 818,334 BTC, Outpacing BlackRock
Crypto Sarah Chen

Strategy Inc. Boosts Bitcoin Holdings to 818,334 BTC, Outpacing BlackRock

Strategy Inc. acquired 3,273 bitcoin for $255 million last week, increasing its total stash to 818,334 BTC and staying ahead of BlackRock's iShares Bitcoin Trust. Galaxy Digital CEO Mike Novogratz cautioned that such buying pace could strain supply.

MSTR IBIT
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.

CRCL
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.

BMNR
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.

IBIT
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.

COIN
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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