A U.S. judge has overturned the fraud and market manipulation convictions of Avraham Eisenberg, the crypto trader accused of draining $110 million from the now-defunct decentralized finance protocol Mango Markets. On Friday, U.S. District Judge Arun Subramanian ruled that prosecutors failed to prove Eisenberg made false representations to the platform. He also moved to acquit […]
If you’ve ever wanted to have your Solana wallet on your wrist while flexing your wealth, Swiss watchmaker Franck Muller is making that a reality. The watch market is stepping into the Web3 ecosystem with a Solana-inspired, limited-edition series of watches that contain an embedded unique QR code to directly link to the user’s Solana […]
DDC Enterprise (DDC), an Asian food company, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury. The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, according to […]
Global economic uncertainties and trade policy shifts are creating ripple effects across cryptocurrency markets, with Dogecoin showing resilience despite recent downward pressure. The meme coin has formed a clear bearish channel with resistance at $0.236, though strong buying emerged at support levels, indicating investor confidence remains despite broader market concerns. Technical Analysis Highlights DOGE experienced […]
Shiba Inu (SHIB) has stabilized following significant price volatility, establishing a consolidation pattern between $0.00001440 and $0.00001456. The meme token faced intense selling pressure with volume reaching 1.72 trillion during peak decline, but multiple tests of support at $0.00001440 showed strong buyer interest. Despite short-term fluctuations, blockchain data reveals remarkable holder loyalty, with over 1.13 […]
Crypto stocks suffered a red day on Friday, especially bitcoin BTC treasury companies such as Strategy (MSTR) and Semler Scientific (SMLR) — each down roughly 6% even as bitcoin slipped only a bit more than 2%. Japan-listed Metaplanet is lower by 24%. The picture looks even worse when zooming out: changing hands at $376 early […]
Crypto traders betting on a steady bitcoin BTC rally got a sharp reminder of headline risk from Donald Trump’s latest tariff threats. Over $300 million worth of leveraged derivatives positions were liquidated across centralized exchanges in the past four hours, according to CoinGlass data, as crypto prices plunged following the news. Nearly all liquidations came […]
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 3239.11, down 3.2% (-107.44) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: SOL (-1.1%) and BCH (-1.8%). Laggards: SUI (-6.8%) and NEAR […]
Medical equipment company Semler Scientific (SMLR) announced its third-largest bitcoin BTC purchase since adopting a bitcoin standard roughly one year ago. The company in the ten days ending May 22 acquired 455 BTC for $50 million, averaging $109,801 per bitcoin. This acquisition, funded through its at-the-market (ATM) equity offering program, brings Semler’s total holdings to […]
Cryptocurrency lender Ledn is removing support for ether ETH and will begin offering a bitcoin-only loan model starting July 1 as it looks to simplify its product and sharpen its focus around bitcoin BTC. The Cayman Islands-registered company may be attempting to broaden its appeal among the corners of the crypto community that say BTC […]
Robinhood has added two Solana-based memecoins, Moo Deng MOODENG and cat in a dog’s world MEW, to its suite of cryptocurrencies available to trade for U.S. customers. Moo Deng, which is based on a baby pygmy hippo, has risen to a $230 million market cap this month after the meme went viral online in 2024. […]
As spot bitcoin BTC exchange-traded funds continue to grow and Wall Street wades deeper into crypto, more and more people are able to gain exposure to digital assets through their individual retirement accounts (IRAs). IRAs offer tax advantages and a range of investment options, including stocks, real estate, commodities and, increasingly, cryptocurrencies. But when it […]