Crypto News
The latest cryptocurrency news, market moves and industry updates.
Crypto's institutional influx has killed the memecoin craze
The rise of institutional investment in cryptocurrency has led to a decline in the memecoin craze, as reported by CoinDesk. This shift marks a significant change in the market
A $5 billion cluster has formed in bitcoin options. It tells a bullish story
A $5 billion cluster has formed in bitcoin options, with calls outnumbering puts, indicating a bullish trend. Bitcoin's $70,000 and $72,000 call strikes on Deribit have accumulated nearly $5 billion in open interest.
Bitcoin settles near $65,000 as oil's march toward $100 fails to spook the market
Bitcoin settles near $65,000 as oil prices surge, with crypto markets rising despite geopolitical tensions. Oil reached $97.66, its highest since May.
Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
Poolin, formerly the biggest Bitcoin mining pool, is filing for bankruptcy due to significant debt. The company owes $173 million.
Bitcoin treasury companies sell up, repay debt, pivot to AI as share prices collapse
Bitcoin treasury companies are selling their bitcoin holdings and repaying debt as share prices collapse, with some pivoting to AI. This shift comes amid difficult market conditions.
Brazil puts tokenized cows to work as loan collateral: Report
Ten tokenized dairy cows have been used as collateral for a loan in Brazil, a first for the country, with the loan being registered on the B3 exchange, showcasing the potential of blockchain in agriculture, this development highlights the growing interest in using tokenized assets as collateral
India orders takedown of Jack Dorsey’s bitcoin-linked messaging app Bitchat
India has ordered the takedown of Bitchat, a bitcoin-linked messaging app. The app is used by protesters to communicate during internet shutdowns.
Samsung Wallet plans stablecoin support in digital payments expansion
Samsung Wallet to support stablecoins, expanding its mobile payments platform to include digital assets, as part of its broader digital payments expansion.
Philippine bank BPI plans stablecoin payments pilot
BPI is preparing a stablecoin settlement pilot for faster and cheaper overseas payments to Filipino workers. The pilot aims to make transactions more efficient