By James Van Straten (All times ET unless indicated otherwise) Tariff developments remain at the forefront of global economic news, with bitcoin (BTC) surging past $105,000 for a while following the surprise announcement that the U.S. will reduce tariffs on Chinese goods to 30% from 145% for 90 days. In return, China will lower tariffs … Read more
Over the past two weeks, bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further. This outlook is supported by bullish developments in the bitcoin-to-gold ratio, which measures BTC’s USD price against gold’s USD price per ounce and easing U.S.-China trade tensions. Recently, the ratio broke out of an inverse head-and-shoulders … Read more
Fresh off the heels of last week’s Strategy Conference, Strategy (MSTR) has resumed its bitcoin (BTC) accumulation, purchasing an additional 13,390 BTC. The company spent approximately $1.34 billion at an average price of $99,856 per bitcoin, according to a filing published on Monday. This latest acquisition brings Strategy’s total bitcoin holdings to 568,840 BTC, now … Read more
American Bitcoin, Hut 8’s majority-owned unit backed by the Trump family, will go public via a merger with Gryphon Digital Mining (GRYP). Shares of Hut 8 Corp. (HUT) jumped 12% in pre-market trading, while Gryphon Digital Mining (GRYP) soared more than 200%, following the news. American Data Center, which was owned by Eric Trump and … Read more
KindlyMD Inc. (KDLY), an integrated healthcare services provider, has agreed to merge with Nakamoto Holdings, a bitcoin-native holding firm founded by David Bailey, to form a publicly traded BTC treasury vehicle, the company said in a press release Monday. The combined entity has secured a total of $710 million in financing, $510 million via PIPE, … Read more
Global economic uncertainties are reshaping cryptocurrency markets as BNB demonstrates exceptional strength amid escalating trade tensions. The token’s impressive performance comes as institutional investors appear to be accumulating positions, evidenced by trading volume nearly doubling to $1.08 billion. Meanwhile, the BNB Chain ecosystem continues expanding its utility through AI integration and reduced gas fees, positioning … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3293.81, up 5.5% (+171.28) since 4 p.m. ET on Friday. All twenty assets are trading higher. Leaders: UNI (+12.7%) and ICP (+12.0%). Laggards: BTC (+0.8%) and BCH (+1.6%). The … Read more
The number of electricity thefts uncovered in Malaysia soared by 300% between 2018 and end-2024, mainly due to the rise of illegal crypto mining, The Star reported on Monday. The cases were detected in joint operations that included electricity utility Tenaga Nasional Berhad (TNB), the country’s largest, the Energy Commission and the police. “Joint operations … Read more
SOL, the native cryptocurrency of the Solana programmable blockchain has staged a sharp four-week rally, surging 85% since April 7 — more than double the pace of bitcoin (BTC) — and large options traders are positioning for further gains. The token climbed to around $176 in recent days as crypto and traditional markets embraced a … Read more
The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from global bank Citi. Above and beyond their role as tokenized cash for the crypto trading community, stablecoins — digital tokens … Read more
