Crypto News

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

Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Crypto Sarah Chen

Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus

Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.

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SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
Crypto Sarah Chen

SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach

SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.

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SoFiUSD Stablecoin Launch Lifts Shares as SoFi Tests Blockchain Payments
Crypto Sarah Chen

SoFiUSD Stablecoin Launch Lifts Shares as SoFi Tests Blockchain Payments

SoFi shares climbed to $16.17 after launching SoFiUSD stablecoin for nearly 15 million members, with plans to list on Bullish exchange by end of June.

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Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip
Crypto Sarah Chen

Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip

Robinhood Markets has secured regulatory approval to enter Canada through its acquisition of Coinsquare Capital Markets, with closing expected around June 1. The move comes as the company faces a 47% drop in crypto revenue.

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Strategy Inc. Halts Bitcoin Buys to Repurchase $1.5B Convertible Notes
Crypto Sarah Chen

Strategy Inc. Halts Bitcoin Buys to Repurchase $1.5B Convertible Notes

Strategy Inc. paused bitcoin acquisitions to repurchase $1.5 billion of its 2029 convertible notes, paying $1.38 billion in cash. Shares fell 3% as bitcoin traded near $77,100.

MSTR
Bitcoin Holds Above $77K as Oil Slides on Iran Talks Progress
Crypto Sarah Chen

Bitcoin Holds Above $77K as Oil Slides on Iran Talks Progress

Bitcoin held above $77,000 on thin holiday trading, with oil prices falling over 4% on U.S.-Iran talks progress. Spot bitcoin ETFs saw net outflows of $1.26 billion from May 18-22.

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BitMine Stock Gains Russell 3000 Inclusion Ahead of Holiday-Shortened Week
Crypto Sarah Chen

BitMine Stock Gains Russell 3000 Inclusion Ahead of Holiday-Shortened Week

BitMine Immersion Technologies (BMNR) has been named to the preliminary Russell 3000 additions list. Shares closed Friday at $18.88, down 3.7%, losing about 5% for the week.

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MARA Stock Rallies into Holiday, Bitcoin Holds Gains Ahead of Tuesday Trading
Crypto Sarah Chen

MARA Stock Rallies into Holiday, Bitcoin Holds Gains Ahead of Tuesday Trading

MARA Holdings shares rose 1.92% to $13.81 on Friday, gaining about 11% for the week. With Bitcoin trading near $76,590 over the weekend, Tuesday's market open will be a key test for the bitcoin miner.

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XRP Slides to $1.31, Traders Eye $1.30 Support Amid ETF Inflows
Crypto Sarah Chen

XRP Slides to $1.31, Traders Eye $1.30 Support Amid ETF Inflows

XRP dropped to $1.31, down 3.9% in 24 hours and 7.4% over seven days, underperforming the broader crypto market. Traders eye $1.30 support as ETF inflows remain strong.

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Bitcoin slides toward $75,000 as ETF outflows and rising yields weigh on crypto
Crypto Sarah Chen

Bitcoin slides toward $75,000 as ETF outflows and rising yields weigh on crypto

Bitcoin dropped to $74,594 on Saturday amid persistent outflows from U.S. spot bitcoin ETFs and rising bond yields. Ether also fell as markets await Wall Street's reopening.

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Baiya Shares Skyrocket 110% After $1M BNB Investment and New Crypto Plan
Crypto Sarah Chen

Baiya Shares Skyrocket 110% After $1M BNB Investment and New Crypto Plan

Baiya International Group (BIYA) shares more than doubled after the company announced a $1 million investment in Binance Coin (BNB) and the launch of a 'Binance Plan' following a public vote.

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MARA Holdings Rises on AI Infrastructure Shift Despite Bitcoin Decline
Crypto Sarah Chen

MARA Holdings Rises on AI Infrastructure Shift Despite Bitcoin Decline

MARA Holdings shares climbed 3.25% to $13.99 on Friday, outperforming a falling bitcoin, as investors weigh the company's strategic shift toward AI and data-center infrastructure.

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