Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
IREN Stock Drops 12% Despite $3.65B GPU Financing and Australia Expansion
IREN shares plunged 12.14% to $54.35 Friday as investors assessed a $3.65B GPU financing deal and new Australia data center project against ongoing crypto volatility and execution risks.
Crypto Crash Deepens: Portnoy's Losses Mount as $390B Wiped Out
Dave Portnoy's crypto losses deepen amid a $390 billion market rout. Strategy's sale of 32 Bitcoin rattles investors, raising concerns of further sales.
Bitcoin Dips Below $60K as ETF Outflows Surge and Strategy Sells
Bitcoin dropped below $60,000 for the first time since October 2024, with $4.4 billion in ETF outflows and a rare sale by Strategy pressuring prices. Analysts eye $59,750 as critical support.
BitMine Stock Plunges After $273.8M Preferred Offering for Ethereum
BitMine shares dropped nearly 11% after announcing a $273.8 million preferred stock offering to support its Ethereum-focused treasury strategy.
Ether ETF Inflow Breaks 17-Day Losing Streak, Yet Price Continues Decline
U.S. spot ether ETFs ended a 17-day outflow streak with a $19 million inflow on June 4, but ether's price fell 6% to $1,662, as bearish sentiment persists.
Zcash Plunges 42% After Critical Bug Found in Privacy Protocol
Zcash's ZEC token fell more than 42% after a critical vulnerability in its Orchard privacy pool was discovered, potentially enabling unlimited counterfeit coins.
Bitcoin Nears $60K as Sell-Off Intensifies, Liquidations Loom
Bitcoin edges toward $60,000 after ETF outflows and a rare Strategy sale shake confidence, with traders warning of forced liquidations if key support breaks.
XRP Nears $1.13 as Bears Dominate, Key Support Under Threat
XRP slid to $1.13, breaking its four-month $1.20-$1.60 range, as selling pressure overwhelmed institutional buying. CoinDesk warns a break below $1.14 could trigger further declines.
BitMine Targets $300M via Preferred Shares to Boost Ethereum Staking
BitMine Immersion Technologies files to sell 3 million Series A preferred shares with a 9.5% dividend to raise $300M for Ethereum staking and treasury growth. Common shares up 5.8%.
BitMine Stock Rises on 9.5% Preferred Share Offering Amid Ether Volatility
BitMine Immersion Technologies shares rose after announcing a 9.5% perpetual preferred stock offering, as the company seeks capital to expand its ether treasury amid falling ETH prices.
Strategy Inc.'s Minor Bitcoin Sale Sparks Major Market Jitters
A small Bitcoin sale by Strategy Inc. sent Bitcoin down 6.7% and raised fears about the firm's commitment to holding Bitcoin.
BitMine's $11.6B Ethereum Bet Faces Market Scrutiny as Ether Slides
BitMine shares dropped 3.2% to $17.39 as ether slid 5.5%, highlighting risks tied to its $11.6 billion crypto balance sheet and transformation into a public Ethereum treasury.