Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
HIVE Digital Soars 29% on Plans for Massive AI Data Center Near Toronto
HIVE Digital Technologies stock jumped 28.6% to $3.46 on Monday after unveiling plans for a 320 MW AI data center near Toronto, aiming for over 100,000 GPUs by late 2027.
Bitmine Shares Slide 7.5% as Ethereum Holdings Rise Amid Price Drop
Bitmine shares dropped 7.5% Monday as the company reported ETH holdings rose to 5.28 million tokens, but total crypto assets fell to $12.6B due to Ether's 4.1% decline.
IREN Shares Slide 7% Following Costly AI Infrastructure Expansion
IREN shares dropped 7.2% to $49.15 after acquiring Awaken and completing a $3B note sale for AI infrastructure, with revenue declining and net loss widening.
Crude Surge Puts Ethereum Under Pressure, Lee Warns of Macro Headwinds
Ether fell to ~$2,100 as oil's jump above $100 reignited inflation fears. Fundstrat's Tom Lee flags crude as Ethereum's top headwind, with record negative correlation.
XRP Retreats to $1.38 Amid Broad Crypto Selloff Despite ETF Inflows
XRP slid to $1.38 on Monday, down 2.29%, as a broad crypto selloff erased gains from last week. Despite $60.5M in spot ETF inflows, the token extended losses, with traders watching Fed minutes and US crypto legislation.
Bitcoin Slides Below $77K as Rising Bond Yields and Oil Prices Squeeze Crypto Markets
Bitcoin dropped to $76,753 on Monday, pressured by higher bond yields, rising oil prices, and $661 million in forced liquidations. The Federal Reserve's meeting minutes are next.
MARA Slips 6% as Bitcoin Miner's AI Transition Faces Key Trial
MARA shares dropped 6.4% to $12.44 after bondholders approved debt amendments for its Long Ridge Energy deal, a key step in its AI pivot. The miner reported a $1.26B Q1 net loss.
Bitmine's $13.4B Ether Bet Under Pressure as Weekend Slide Hits $11.4B
Bitmine Immersion Technologies shares fell 9.7% Friday as Ether slid to $2,186, reducing the value of its 5.21 million ETH holdings to about $11.4 billion.
Bitcoin Dips Below $80K as Rising Yields and Oil Spark Risk-Off Move
Bitcoin slipped under $80,000 as U.S. spot bitcoin ETFs recorded $290.4 million in outflows, while rising bond yields and oil prices triggered a risk-off shift across markets.
XRP Holds Near $1.42 as $1.50 Level Looms Ahead of Senate Crypto Vote
XRP traded near $1.42 Saturday, down 2%, as the $1.50 level becomes key ahead of a Senate vote on crypto regulation. Bitcoin and ether also declined.
MARA Holdings Tumbles as Bitcoin Weakens Ahead of Key Debt Deadline
MARA Holdings shares slid 7.4% to $12.30 as bitcoin declined 3.3%, with a bondholder deadline approaching for its $1.5 billion Long Ridge Energy deal. Q1 revenue fell 18% to $174.6 million, and the company posted a $1.3 billion net loss.
Bitmine Shares Fall 7.7% as Ethereum Slide Tests Tom Lee's $13.4B Treasury Bet
Bitmine shares slid 7.7% Friday as ether dropped 3.4% to $2,221, testing the company's strategy of holding 4.31% of ETH supply. Peer Bit Digital reported Q1 revenue fell 13.6%.