A sharp selloff in AI and software stocks, coupled with a plunge in private equity shares, spills over into cryptocurrency markets, pushing Bitcoin near its weekend lows and fueling concerns about systemic liquidity.
Digital Currency Group CEO Barry Silbert views the recent sharp downturn in cryptocurrency markets not as a crisis, but as a necessary cleansing that will pave the way for the next major capital rotation. He reveals his conviction in Bitcoin, Ethereum, and a select few altcoins even as prices tumble.
ING's German arm launches cryptocurrency ETNs for retail investors and announces development of a regulated euro stablecoin, positioning the banking giant at the forefront of Europe's MiCA-compliant digital asset landscape.
A sharp weekend sell-off in Bitcoin, triggered by fading AI enthusiasm and political uncertainty around the Federal Reserve, led to massive liquidations and pushed the cryptocurrency to a nine-month low, signaling a potential structural shift in markets.
U.S. authorities are probing whether cryptocurrency exchanges have become a multi-billion-dollar backchannel for Iran to bypass international sanctions, as digital asset usage surges amid the country's economic isolation and currency crisis.
Elon Musk has reaffirmed plans for a SpaceX mission to place a Dogecoin token on the moon, sparking renewed interest in the meme cryptocurrency ahead of the company's anticipated public offering.
In a characteristically sardonic social media post, CNBC's Jim Cramer suggested MicroStrategy's Michael Saylor should artificially boost Bitcoin's price to trigger misguided bullish signals, highlighting the tense theater surrounding the cryptocurrency's recent sharp decline.
A high-stakes White House meeting between banking and cryptocurrency industry leaders failed to break a months-long impasse over key digital asset legislation, leaving the future of the proposed Clarity Act uncertain and exposing deep-seated regulatory divisions.
A high-stakes White House meeting between banking and cryptocurrency industry leaders concluded without a breakthrough, failing to bridge a critical divide over stablecoin rewards that has stalled a major market structure bill for months.
UK-based trading giant IG Group has completed its acquisition of Australian cryptocurrency exchange Independent Reserve, a move that significantly expands its regulated digital asset footprint across the Asia-Pacific region and the Middle East.
Block's rollout of Bitcoin payment and conversion tools for millions of U.S. merchants marks a pivotal step in transforming the leading cryptocurrency from a speculative asset into a practical medium of exchange.
The Flare blockchain, through a partnership with lending protocol Morpho, now enables XRP holders to lend their wrapped assets for yield or use them as collateral to borrow other cryptocurrencies, marking a significant expansion of DeFi utility for the token.
Amid a surge in cryptocurrency activity within Iran, U.S. authorities are investigating whether digital asset platforms are being used by state-linked entities to circumvent international sanctions, according to blockchain analysts and sources familiar with the matter.
Freshly released court files detail a $3 million investment in Coinbase's 2014 funding round linked to Jeffrey Epstein, adding another layer of complexity to the cryptocurrency industry's early financial history and its ties to controversial figures.
As Iran's cryptocurrency transactions surge to an estimated $10 billion annually, U.S. authorities are intensifying scrutiny over whether digital asset platforms are being used by state-linked entities to evade international sanctions, Reuters has learned.
In a strategic move to bridge traditional finance and digital assets, Deutsche Börse Group's 360T has partnered with Austrian crypto platform Bitpanda. The collaboration leverages Europe's new MiCA framework to offer institutional clients a compliant gateway into cryptocurrency trading and retail services.
As Elon Musk's xAI prepares to merge with SpaceX, the hiring of a cryptocurrency quantitative expert points to ambitions beyond Earth-bound AI, aiming to integrate blockchain data and decentralized finance protocols into a future space-based data network.
In a major strategic pivot, cryptocurrency exchange giant Binance has begun converting its entire $1 billion user protection fund (SAFU) from stablecoins to Bitcoin. The first $100 million purchase, executed as Bitcoin prices waver, signals a long-term bet on the original cryptocurrency and could provide a structural floor for the market.
Elon Musk's newly merged AI venture, xAI, is actively seeking cryptocurrency experts to train its models on digital asset markets. The move follows the blockbuster union with SpaceX and points to a strategic push into AI-driven financial analysis.
Elon Musk's artificial intelligence venture, xAI, is launching a major recruitment drive for cryptocurrency and traditional finance experts to train its AI models. This strategic push coincides with the company's impending $1 trillion merger with SpaceX, signaling a deeper integration of Musk's tech and financial ambitions.
