Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
MARA Slumps as Bitcoin Retreats Below $70K Amid AI Strategy Debate
MARA shares dropped 4.2% to $14.23 as bitcoin slid below $70,000, highlighting the miner's ongoing dependence on crypto prices despite its push into AI and power infrastructure.
Bitmine Stock Tumbles as $11.6B Ether Bet Sours on Crypto Slide
Bitmine shares slid 6.5% to $17.62 after revealing 5.42 million ETH holdings, with a $502 million paper loss as ether dropped 4%, highlighting the stock's direct exposure to crypto volatility.
HIVE Digital Revenue Soars 158% as AI Ambitions Face Crypto Headwinds
HIVE Digital Technologies shares rose to $4.89 after a 158% revenue surge to $297.8M, but a weak Q4 and Bitcoin's 4.5% decline capped gains as investors eye AI infrastructure.
XRP Slumps Beneath $1.30 as Bitcoin Weakness Triggers Broader Crypto Sell-Off
XRP dropped below $1.30 to 15-week lows as bitcoin's decline sparked broad selling. Record exchange flows and $1.67B in fund outflows were offset by $20.3M in XRP inflows.
Bitcoin Slips Below $70K After Strategy's First-Ever BTC Sale
Bitcoin dropped under $70,000 after Strategy disclosed its first bitcoin sale, while U.S. spot bitcoin ETFs posted 11 straight days of redemptions totaling $3.45 billion.
SoFi Rises on Stablecoin Launch; Wall Street Eyes Credit Risks
SoFi Technologies shares rose 1.9% on Monday after launching its SoFiUSD stablecoin, though BTIG warned of rising loan-loss trends in the lending business.
Strategy Inc. Sells Bitcoin for First Time Since 2022 to Fund Dividends
Strategy Inc. sold 32 bitcoin for $2.5 million to fund preferred dividends, its first sale since 2022. Shares fell 5.9% as the market eyes the shift from pure accumulation.
MARA Stock Rises as Bitcoin Slips; AI Infrastructure Bet Gains Traction
MARA Holdings stock gained 4% to $14.95, diverging from bitcoin's decline, as the company's strategic shift toward AI-powered data infrastructure through a $1.5 billion acquisition captures market attention.
Sphere 3D Soars 57% After Completing Cathedra Bitcoin Merger
Sphere 3D shares jumped 57% after finalizing its merger with Cathedra Bitcoin, forming a larger digital infrastructure company with 53 MW online capacity and 1.2 EH/s hash rate. The stock traded at $2.99 on heavy volume, though Q1 revenue fell to $1.9 million with a $4.1 million net loss.
SoFi Gains Premarket as Stablecoin Launch Nears for 15M Users
SoFi Technologies shares rose 2.14% in premarket Monday to $18.61, building on a 17% surge last week driven by excitement over the SoFiUSD stablecoin launch for nearly 15 million members.
Bitcoin Depot Faces $76K ATM Scam Suit as Bankruptcy Looms
Bitcoin Depot is sued in Idaho for allegedly facilitating a $76,000 scam via its ATMs, while the company undergoes bankruptcy and states tighten crypto ATM regulations.
Bitmine Eyes Ether Support and Russell Index Inclusion in Pivotal Week
Bitmine Immersion Technologies faces a pivotal week as its $12.3 billion Ether-heavy portfolio and potential Russell 3000 inclusion drive market focus, with shares near $19.27.