Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
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.
SoFi Stock Rises 17% After Stablecoin Launch, Monday Open Key
SoFi Technologies shares surged 17% last week after launching its SoFiUSD stablecoin. The stock closed at $18.22 with a market cap near $25.1B.
XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty
XRP remains near $1.34, down 2% for the week, as US spot ETFs attract $35 million in inflows while broader crypto outflows and policy delays keep the token rangebound.
XRP Recovers Above $1.30, Faces Key Resistance at $1.40
XRP rebounded above $1.30 to near $1.34, up 1.63% in 24 hours with $2.46B volume. Key support and resistance levels stand at $1.20 and $1.40.
Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration
Bitmine shares edged up 1% as the company revealed $12.3 billion in crypto and investments, including 5.39 million ETH, and was included on FTSE Russell's draft list for index additions.
SoFiUSD Stablecoin Launch Drives Premarket Stock Surge
SoFi shares rose 4.9% premarket after launching SoFiUSD, a stablecoin available to 15 million members via its banking app.
CME Launches 24/7 Crypto Trading, Eliminating Weekend Gap
CME Group will begin round-the-clock crypto futures and options trading on May 29, closing the weekend gap and ending a popular arbitrage strategy.
XRP Recovers Above $1.32 After Testing Key Support Level
XRP recovered to $1.32 after briefly falling under $1.30, as traders assess support. CME Group announced 24/7 crypto futures trading starting May 29.
MARA Holdings Falls as Bitcoin Slide Overshadows AI Expansion Efforts
MARA Holdings shares fell 2.1% as bitcoin slid 1.7%, underscoring the company's continued sensitivity to crypto prices despite its AI push.