Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
BitMine Shares Plunge 7.6% as Ether Drop Triggers $1.16B Market Cap Wipeout
BitMine shares tumbled 7.6% on Tuesday, erasing $1.16B in market value amid a sharp drop in ether prices, with the loss exceeding the crypto treasury's decline.
XRP Dips 2.2% Despite Bitwise Fund's Record Asset Milestone
XRP slipped 2.2% to $1.355 even as Bitwise's XRP ETF hit $507M in assets. The token's decline highlights persistent market caution despite institutional growth.
Ether Slides Despite ETF Inflows as Treasury Yields Pressure Crypto
Ether dropped 1.4% to $2,434.92 despite $87.6 million in ETF inflows, as the 10-year Treasury yield climbed to 4.79%, pressuring risk assets.
Recovered $4.76M Bitcoin Stash Highlights Custody Risk Over Price Swings
A British investor recovered a 61 BTC wallet worth $4.76M, highlighting that custody risk often trumps daily price swings.
Sberbank Sees Only 20% of Russian Crypto Trading Moving Onshore
Sberbank expects only 3.5-4 trillion rubles of Russia's crypto trading to move onshore in the first year, citing a liquidity gap as new regulations take effect.
MARA Plunges 10% as Bitcoin Slips Below $80K, Erasing $464M in Value
MARA shares dropped 10.1% after Bitcoin fell below $80,000, wiping out $464 million in market value. The company's Q2 revenue declined 27% as it pivots to AI infrastructure.
BitMine Sinks 7% as Ether Rout Trims Crypto Hoard by $4.8B
BitMine shares dropped 7.1% Friday as Ether's decline slashed the value of its crypto treasury by $4.77 billion. The stock still trades at a 30% premium to identifiable assets.
Hyperliquid Strategies Plummets 9.5% as Token Treasury Value Tops Market Cap
Hyperliquid Strategies (PURR) dropped 9.5% as its HYPE token treasury value ($2.42B) now exceeds its market cap, raising valuation questions.
Marathon Digital Stock Plunges 10% on $611M Loss as AI Transition Stalls
MARA shares tumbled 10.1% after a $611 million loss and 26.7% revenue decline, intensifying concerns about its AI transition and Bitcoin exposure.
BitMine Stock Slides 7.1% as Ether Treasury Discount Widens
BitMine (BMNR) dropped 7.1% to $23.80, valuing the firm at $14.37B—3.5% below its disclosed $14.9B treasury. A 10% Ether fluctuation impacts gross holdings by $1.43B.
Circle's USDC Sponsors Chelsea FC in Landmark Sports Deal
Circle's USDC will feature on Chelsea FC shirts for the 2026/27 season, boosting global visibility. USDC circulation stands at $73.7B, but CRCL shares dropped 7.59% Friday.
MARA Plunges 10% as Bitcoin Loans Raise Leverage Concerns
MARA shares dropped 10.15% to $10.67, wiping out $466 million in market value as bitcoin-backed loans climbed to $600 million, raising leverage concerns.