Crypto News

Oil prices rise as Iran and Israel trade strikes in defiance of Trump - Oil Prices Rise as Iran and Israel Trade Strikes Bond yields jumped after a report showed the US added a surprising 172,000 jobs in May, according to the Labour Department. It is the latest report showing that employment remains solid, despite the squeeze inflation is putting on businesses and consumers. The yield on the 10-year Treasury rose to 4.54% from 4.50% just before the report was released. The yield on the 2-year Treasury, which more closely tracks the Fed’s actions, jumped to 4.16% from 4.04% just prior to the report. The Fed has been holding interest rates steady as it tries to gauge the ongoing impact from rising inflation. Prices were already...

Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX - Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX Bet-David is an entrepreneur and media personality who founded the business-education platform Valuetainment and hosts the PBD Podcast, after building the financial-services firm PHP Agency. This article has been published in stocktwits.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/patrick-bet-david-show-adam-115800173.html

Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say - Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say Beyond Zcash, the vulnerability that Shielded Labs said was identified using Anthropic's recently released Claude Opus 4.8 model carries implications that are “a little bit concerning,” Carlos Guzman, vice president of research at crypto trading firm GSR, told Decrypt. Whether or not artificial intelligence will benefit bad actors or organizations that strengthen protocols more remains an open question, but complex cryptography is becoming less of a barrier to detecting critical flaws, Guzman said. “There aren’t many experts that are familiar with these circuits, so they are kind of hard to hack,” Guzman added...

Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K - Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K Shares of Strategy have experienced a significant drop, reaching a four-month low, largely influenced by the declining price of Bitcoin. The digital currency has dipped below the critical $60,000 threshold. As Bitcoin's valuation dropped, companies heavily invested in the cryptocurrency, like Strategy, have felt the financial impact. The correlation between Strategy's stock and Bitcoin prices highlights the company's substantial investment in Bitcoin, as many investors closely monitor Bitcoin’s market performance to assess Strategy's financial health. Moreover, Strategy may...

There Are Millions of Crypto Tokens. Almost None Have Any Value - There Are Millions of Crypto Tokens. Almost None Have Any Value The current numbers are stark. Tens of millions of crypto tokens have been created in recent years. Fewer than 1,700 still generate meaningful daily trading activity on decentralized exchanges, according to a recent report from Delphi Digital. Most venture-backed tokens are trading below their launch price — some more than 90% below. The return across a broad sample of tokens studied by the firm was negative 80%. Bitcoin’s latest slide is seen by many in the community as cyclical – reflecting investors’ changing appetite for risk. The pressure on many alternative tokens runs deeper. Even when Bitcoin was...

Meet the Guys Still Clinging To the Terra Luna That Do Kwon Abandoned - Meet the Guys Still Clinging To the Terra Luna That Do Kwon Abandoned Where did this all begin? When Terra collapsed back in 2022, the price of the LUNA token was in free fall, the network's native stablecoin UST had depegged, and Do Kwon made his now infamous “steady lads” call on social media to rally his believers. In a last-ditch effort, Terraform Labs hard forked the network to remove the depegged algorithmic stablecoin UST, leaving behind the original chain with the new name of Terra Luna Classic—much like Ethereum Classic. With its creators abandoning the original Terra Luna chain, a group of community members called the Terra Rebels started to...

Google to pay SpaceX $920 million a month for compute after $80 billion raise: Bloomberg - SpaceX Contract Highlights Importance of GPU-Backed Compute Capacity The SpaceX contract signals that GPU-backed compute capacity has become a strategic asset scarce enough that even hyperscalers with their own chips and global cloud footprints are reaching outside their own infrastructure to secure it. This article has been published in blockspace.media via Yahoo News. https://finance.yahoo.com/sectors/technology/articles/google-pay-spacex-920-million-194401230.html

Pump.fun Paid Creators Over $350M During Bear Market — Is This Crypto's 2010 YouTube Moment? - The program marked a shift in how value was distributed across the platform’s ecosystem. Rather than fees flowing exclusively to exchanges and liquidity providers, creators became direct beneficiaries of token trading volume. Since the launch of revenue sharing, creators have collectively earned more than $350 million, according to publicly cited figures. During periods of elevated activity, daily creator rewards have reached millions of dollars, with some of the platform’s most successful token promoters generating substantial income. But Most Tokens Still Fail Despite the scale of creator payouts, the vast majority of tokens launched...

Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence - Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence Bitcoin's price fell sharply to under $60,000 following the release of strong U.S. jobs data. This has prompted concerns over a possible change in the Federal Reserve's monetary policy stance. The data showed non-farm payrolls increased by 531,000 in October 2023, much higher than the projected 450,000. The news led to speculation that the Federal Reserve might speed up reducing its bond purchase program and could even raise interest rates sooner than expected, which may not be favorable for Bitcoin and other cryptocurrencies. Zcash Crash: A...

Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns - Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns World Liberty Financial claimed last month that the firm was “in the final stages” of receiving conditional approval, while maintaining that the Trump sons haven't abandoned the project despite regulatory challenges. Banking charter approvals for crypto firms have become a political flashpoint, with Senator Elizabeth Warren (D-MA) calling approvals for firms such as Coinbase and Ripple illegal. The Trump White House, meanwhile, has ordered the Fed to review crypto firms' master account access, and directed federal regulators to remove “overly burdensome and fragmented...

Bitcoin Treasuries Shed $62 Billion in Deepening Crypto Rout - Bitcoin Treasuries Shed $62 Billion in Deepening Crypto Rout On balance, the trade allowed early backers and sponsors to capitalize on investor enthusiasm at the peak of the digital-asset treasury cycle, while retail investors absorbed much of the pain when valuations began to unravel. “Digital-asset treasuries and other corporate BTC holdings collectively exceed 5% of supply, which accelerated adoption among Wall Street in a sense — but at the cost of heightened volatility for retail participants chasing the ‘easy’ wrapper,” said Akshat Vaidya, who has overseen investments in several DATs as co-founder and managing partner of Arthur Hayes’s family office, Maelstrom...

'Looksmaxxing' Trend Spawns $100M Gray Market Fueled By Bitcoin, Stablecoins: Chainalysis - Bitcoin Market Trends “This preference for stability becomes especially pronounced at the wholesale level,” Chainalysis wrote. “When isolating vendors that average $1,000 or more per deposit, the asset mix shifts heavily toward majority stablecoins—a potentially calculated move to insulate massive supply chain orders from the unpredictable price fluctuations of the broader crypto market.” Shift in Chemical Manufacturing Separately, the firm identified several Chinese chemical manufacturers that it says moved into peptide sales after previously supplying fentanyl and amphetamine precursors, including Shanghai Sigma Audley and Bigreat...

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week - Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week Strategy's stock has dropped about 17% in 2026. The stock gained nearly 14% between January and October last year, but later fell in tandem with the massive decline in bitcoin prices. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/standard-chartereds-crypto-bull-sticks-131701088.html

Better and Coinbase issue the first crypto-backed conventional mortgage - Better and Coinbase Issue the First Crypto-Backed Conventional Mortgage Better, a digital homeownership company, in partnership with Coinbase, has announced the launch of the first crypto-backed traditional mortgage in the United States. This innovative offering allows individuals to use their cryptocurrency holdings as collateral for a conventional mortgage, blending digital finance innovation with traditional home financing. One key feature of this product is that it enables crypto holders to maintain their digital assets while also accessing liquidity for real estate purchases. This is particularly significant for those who have amassed substantial...

Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein - Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein Bitcoin's computational strength is transforming into a key advantage in the AI revolution, akin to the critical role of energy landlords in the industrial era. As demand for AI compute rises, bitcoin miners, who maintain a massive base of computing operations, stand to benefit significantly. The report, from Bernstein, highlights that Bitcoin mining companies can diversify their operations to capitalize on AI workloads without forgoing their primary blockchain commitments. Massive Mining Infrastructure The infrastructure built by Bitcoin miners...

Morning Minute: Crypto Crashes, New Lows In Sight - Morning Minute: Crypto Crashes, New Lows In Sight The structure is explicitly modeled on Strategy’s STRC, meaning Tom Lee is applying Saylor’s preferred stock financing playbook to his Ethereum treasury. The timing is very interesting as Strategy’s STRC carries 11.5% and has faced real liquidity pressure as of late. After their cash reserves fell to $871 million against $1.7 billion in annual obligations, STRC has traded well below par (sub-$95 yesterday), and Strategy sold Bitcoin last week for the first time in four years to fund dividends. Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push Bitmine’s position is structurally different. The firm holds 5.42...

Bitcoin and ethereum prices today, Thursday, June 4, 2026: Bitcoin prices plunge below pre-war levels - Bitcoin and Ethereum Prices Today, Thursday, June 4, 2026: Bitcoin Prices Plunge Below Pre-War Levels Bitcoin prices experienced a significant drop on Thursday, falling below levels seen before the onset of recent international conflicts. This marks a substantial downturn for the leading cryptocurrency, which had been striving to maintain stability amid global economic uncertainties. Ethereum also followed suit, with its value experiencing a downward trend. Investors and market analysts are closely monitoring these developments, seeking to understand the implications for the broader cryptocurrency market. Market analysts suggest...

SoFi Launches SoFiUSD Stablecoin Across Ethereum and Solana - SoFi Launches SoFiUSD Stablecoin Across Ethereum and Solana SoFi, a financial technology company, announced the launch of its new stablecoin, SoFiUSD, which will operate on both the Ethereum and Solana blockchains. This move marks a significant step for SoFi as it enters the rapidly expanding world of digital currencies, offering its users greater flexibility and seamless transactions between traditional and crypto assets. The integration of SoFiUSD into these two major blockchain platforms aims to provide users with reliable, efficient, and cost-effective transaction solutions. Ethereum is widely credited for its smart contract capabilities, which allow for decentralized...

BlackRock Faces $1B Bitcoin ETF Outflow as Tokenized Fund Hits $2.5B - Record IBIT Dark Pool Trade Draws Attention Market attention intensified after a massive $1.29 billion block trade involving IBIT shares crossed Nasdaq through a dark pool transaction on Tuesday. According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the trade involved approximately 29.2 million IBIT shares sold at around $43.16 per share. Dark pool trades are privately negotiated transactions executed outside public exchanges, typically used by institutions seeking to move large positions without disrupting markets. Balchunas described the transaction as one of the largest Bitcoin ETF trades ever recorded, noting that the market “absorbed it...

Bitcoin and ethereum prices today, Wednesday, May 27, 2026: Lowest opening prices this week - Bitcoin and Ethereum Prices Today, Wednesday, May 27, 2026: Lowest Opening Prices This Week Bitcoin (BTC-USD) and Ethereum (ETH-USD) opened the week with their lowest prices, as market volatility continues to affect cryptocurrency valuations. As of this morning, Bitcoin's price is down by 3% from its high last week, marking a significant dip during recent market conditions. Ethereum has also shown a decrease, recording a 2.5% decline from the previous week's peak. Experts suggest that the recent downturn is due to ongoing regulatory concerns and macroeconomic factors influencing investor sentiment. Despite the downturn, analysts remain...