Crypto News

- Polymarket Traders Put 57% Odds on Bitcoin Hitting $75,000 This Month as Price Recovers Toward $71,000 Prediction market data shows traders divided on whether Bitcoin can sustain its rebound from a 52% peak-to-trough decline. Traders on Polymarket, the decentralized prediction market platform, are placing the highest probability on Bitcoin reaching $75,000 before the end of April, as the cryptocurrency trades around $71,000 following a week of steady recovery. The $75,000 outcome carries a 57% implied probability, the highest of any price band tracked by the market, while the $65,000 band shows a 47% probability, reflecting the market's assessment that Bitcoin is likely to hold that level rather than retrace. Bitcoin is currently...

- Bessent Urges Congress to Pass Crypto Regulation Bill April 8 (Reuters) - U.S. Treasury Secretary Scott Bessent said Congress must pass a bill to create federal rules for digital assets, reiterating the push for rules that he says will ensure cryptocurrency development and investment remain anchored in the U.S. Bessent urged passage of a crypto market structure bill called the Clarity Act. "The regulatory framework for digital asset markets is unclear," Bessent said in an op-ed published in the Wall Street Journal, adding that this uncertainty had predictable consequences. "A growing share of crypto development relocated to places with clear rules, such as Abu Dhabi and Singapore. Abroad, firms knew when and how to register, what...

- Riot Platforms (RIOT) Soars 13.5% After Cashing In $102M From Bitcoin Riot Platforms Inc. (NASDAQ:RIOT) extended its winning streak to a 6th consecutive day on Wednesday, climbing 13.53 percent to close at $16.11 apiece, after cashing in $102.3 million on gains from the sale of Bitcoins over the past five days. This week alone, the company successfully disposed of 500 Bitcoins, taking $34.87 million in fresh profits. For the first quarter of the year, Riot Platforms Inc. (NASDAQ:RIOT) was able to rake in $289.5 million in revenues, having sold 3,778 Bitcoins. It ended the quarter with 15,680 units, lower by 18 percent than 19,223 in the same period a year earlier. Apart from the sale, Riot Platforms Inc. (NASDAQ:RIOT) also...

- The pace of capital entering the digital asset market has hit a significant speed bump. According to a new report from Wall Street giant JPMorgan Chase, capital flows into cryptocurrency slowed dramatically during the first quarter of 2026. Total inflows for the period reached approximately $11 billion, a rate that is roughly one-third of the pace recorded in 2025. Analysts led by Nikolaos Panigirtzoglou noted that the market has become increasingly reliant on a very small group of buyers. Strategy reports massive Q1 Bitcoin buying Strategy, formerly known as MicroStrategy, continues to be the most aggressive buyer in the market. A significant portion of this activity occurred in mid-March, when the firm acquired 22,337 coins in...

- YouTube takes down multiple crypto channels over 'harmful' content YouTube has terminated multiple creator channels overnight as of Apr. 8, labeling their content as "harmful and dangerous." Creators have reported that there have been no prior strikes, warnings, or explanations. Among the most prominent casualties is Bitcoin.com, a cryptocurrency services company founded in 2014 by "Bitcoin Jesus" Roger Ver. It provides tools for buying, selling, storing, and trading cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH). Its core product is the Bitcoin.com Wallet, a self-custody mobile and desktop application. The company confirmed that its decade-old YouTube channel about Bitcoin education, wallet...

- Another crypto company sells Bitcoin amid 50% crash Despite the momentary recovery following the U.S.-Iran ceasefire announcement on April 7, Bitcoin (BTC) is still trading 43% lower than the all-time high (ATH) of $126,080 it hit on Oct. 6 last year. Several leading miners such as MARA Holdings (Nasdaq: MARA) and Bitdeer (Nasdaq: BTDR) have been selling Bitcoin in recent months. Then, there is the lure of artificial intelligence (AI) too. These companies have a ready infrastructure, and the slump in Bitcoin price has only encouraged them to transition to AI operations. Now, another miner has announced a massive Bitcoin sale in its pursuit of an AI pivot and loan reduction. Cango sells 2,000 Bitcoin in March Cango Inc. (NYSE...

- Morgan Stanley Bitcoin ETF gets off to a strong start with $33m debut Morgan Stanley’s Bitcoin exchange-traded fund — the first from a Wall Street bank — had a roaring debut Wednesday. Trading on the NYSE Arca under the ticker MSBT, the latest US Bitcoin ETF to hit the market took in over $33 million in fresh cash. “The massive inflows the fund received on its opening day — safe to say, entirely by clients of Morgan Stanley — prove that there’s massive demand among wirehouse clients and equally tremendous support among its 16,000 advisors,” Ric Edelman, founder of Edelman Financial Engines, shared. The Morgan Stanley Bitcoin Trust debut comes as traditional finance firms are doing more to offer crypto-related services and...

- Bitcoin ATM operator Bitcoin Depot Inc. disclosed in an SEC filing that hackers stole approximately 50.9 BTC valued at $3.665 million from company-controlled wallets in a March 23 security breach. The attackers gained access to the company's IT systems and obtained credentials for digital asset settlement accounts, enabling them to transfer the cryptocurrency without authorization. Following the breach discovery, Bitcoin Depot said it activated its incident response protocols and engaged external cybersecurity experts to investigate the attack vector and secure remaining assets. The company also notified law enforcement authorities, though it did not specify which agencies are involved in the investigation. Despite the settlement...

- Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs Publicly traded Bitcoin miner Cango Inc. cut its average production cost by 19.3% to $68,216 per BTC in March—down from $84,552 in Q4 last year—achieving the reduction through strategic fleet optimization rather than expansion. The company decommissioned older mining hardware and relocated operations to regions with cheaper power, while selling 2,000 Bitcoin during the month to retire crypto-backed debt. That tally of Bitcoin is currently valued around $143 million, and the firm used the proceeds to trim its outstanding loan balances to $30.6 million. Cango still held 1,025.69 BTC in its treasury as of the end of March 31, valued over $73 million as of this...

- The New York Times may have found bitcoin founder Satoshi Nakamoto. Here's what you need to know. For years, bitcoin creator Satoshi Nakamoto has avoided discovery. Now, a 10,000-word New York Times investigation may have unraveled the mystery, landing on British computer scientist Dr. Adam Back as Nakamoto. Crypto newcomers and longtime industry veterans alike have speculated over the real identity of Satoshi Nakamoto for more than a decade. Countless articles, documentaries, and a few lawsuits have been volleyed at the quest. Beyond pure curiosity, both crypto enthusiasts and skeptics have reason to care. Nakamoto holds near-mythic status as a key figure in the world of digital assets. His invention has driven the $2.4 trillion...

- Quantum Threat to Bitcoin: Not Existential According to Bernstein The race between quantum computers and Bitcoin’s cryptography has become a recurring theme in the cryptocurrency industry. But even as anxieties over Bitcoin’s “Q-day” grow, a new report from investment firm Bernstein says the outcome is unlikely to be catastrophic for the world’s largest cryptocurrency. Instead, the firm argues quantum computing should be treated as a long-term upgrade cycle for Bitcoin and the broader crypto industry rather than an existential threat to the network. “The risk is neither existential, nor novel, and also not limited to crypto,” Bernstein wrote, noting that quantum computing also posed a threat to everything from financial services...

- It's tough times out there for cryptocurrency investors. All the big names -- including both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) -- are down at least 25% for the year. And more speculative names are down as much as 40%. In short, what started as a dip has now become a full-blown market crash. So, are there any cryptocurrencies you should be looking to buy right now? The four-year crypto cycle The first thing you need to know is that crypto is highly cyclical, typically trading in four-year cycles of boom and bust. Three really good years are followed by one really bad year. And then the cycle renews. The key cryptocurrency in this cycle is Bitcoin, the behemoth that still accounts for 58% of the total market cap of...

- Key Takeaways Bitcoin has some "main character energy" today. Satoshi Nakamoto isn't far behind. The pseudonymous creator of bitcoin, the world's best-known cryptocurrency, is once again a hot topic after the New York Times published a story suggesting that British cryptographer Adam Back was Satoshi. Back denies it, leaving the mystery alive for many, but that hasn't stopped the real-time dissection of the story, which examined Back's and Satoshi's writing patterns, among other factors. Bitcoin, meanwhile, is getting another lift, aided by developments—including a tentative ceasefire between the U.S. and Iran—that have sparked a relief rally in risk assets. The price of bitcoin headed toward $73,000 early Wednesday before paring...

- Stabble Crypto Urges Liquidity Withdrawal After North Korean Hacker Scare Stabble, a decentralized crypto exchange on Solana, shed 62% of its total value locked in a single trading session Tuesday after the protocol’s new management team issued an emergency withdrawal notice – cutting TVL from approximately $1.75 million to less than $663,000 within hours, according to DeFiLlama data. The drawdown was protocol-directed rather than attacker-driven, making it an unusual but measurable risk event in its own right. The triggering condition: on-chain investigator ZachXBT identified an alleged North Korean operative, working under the name Keisuke Watanabe, as Stabble’s former chief technology officer – a role the individual reportedly...

- (Bloomberg) -- Morgan Stanley is set to become the first Wall Street bank to launch its own Bitcoin-tracking exchange-traded fund, a milestone for the digital-asset ecosystem that underscores how deeply the original cryptocurrency has embedded itself in the financial mainstream — even as the market around it has cooled. The New York–based firm plans to debut the Morgan Stanley Bitcoin Trust on NYSE Arca under the ticker MSBT Wednesday. It will join more than 10 spot-Bitcoin ETFs that launched over the past two years and collectively command over $85 billion in assets. Despite being a late entrant to an increasingly crowded field, it’s leaning on a classic Wall Street playbook: competing on fees and scale. With an expense ratio of...

- The SEC has said that the crypto enforcement campaign conducted under its previous leadership set "misguided expectations" in an annual report that appears to formally reject its past actions against crypto firms. Resources "have been misapplied in prior years to pursue media headlines and run up numbers," the Commission said, adding that this has "led to misguided expectations on what constitutes effective enforcement." It comes as the Commission, now led by SEC Chairman Paul Atkins, moves to replace enforcement-driven oversight with formal rulemaking, including a proposed innovation exemption framework and a dedicated Crypto Task Force led by Commissioner Hester Peirce. The agency is now redirecting its resources “toward the...

- Canadian Crypto Mogul CZ Releases Tell-All Book Canadian cryptocurrency mogul Changpeng Zhao has released a new tell-all book. In the memoir, called “Freedom of Money,” Zhao, who is popularly known as “CZ,” recounts his career in cryptocurrency. CZ co-founded Binance, the world’s largest cryptocurrency exchange, and spent time in prison for running afoul of U.S. securities laws. He has since received a pardon from U.S. President Donald Trump. In the book, which CZ says he started writing while in prison, he says that he never seriously considered helping crypto company FTX when it entered bankruptcy in 2022. He also recounts the Terra/$LUNA collapse, stating that he never sold the digital asset during the crash...

- Ripple (CRYPTO: XRP) has spent most of 2026 expanding in Australia, but the company has signaled it could move into an even bigger market. Ripple just published a full country-by-country breakdown of Africa's crypto regulation, which could be a snippet of where it's heading next. Sub-Saharan Africa received over $205 billion in on-chain value in the past 12 months—a 52% jump that makes it the third fastest-growing crypto region in the world. Ripple is already operating across the continent through RLUSD partnerships and a custody deal with one of Africa's largest banks. With both 2026 acquisitions so far being in Australia, could Africa be where Ripple looks next? How Fast Is Africa's Crypto Market Growing? Sub-Saharan Africa is...

- Coinbase stock hit with analyst downgrade on crypto market's weak start to 2026 Coinbase Global (COIN) received a downgrade on Wednesday morning by investment bank Barclays, citing “profitability under pressure” ahead of the major US crypto platform’s first quarter earnings print. Barclays downgraded Coinbase from Neutral to Underweight and lowered its price target to $140 from $148 per share. The forecast is below Coinbase’s current price and Wall Street’s consensus among the 38 analysts covering the company. “Despite a pro-crypto President and a favorable regulatory environment, global crypto trading activity has declined to a level not seen since the end of 2023,” Barclays analyst Benjamin Buddish wrote in a note. “While there...

- Bitcoin, Solana surge as Iran looks to charge tolls for Strait of Hormuz passage to be paid in crypto The Iranian regime is looking to charge fees of $1 per barrel of oil for tankers looking to cross the Strait of Hormuz, with the payment to be made in cryptocurrency, the Financial Times reported Wednesday morning. In the minutes after the news broke, prices on major cryptocurrencies surged. Bitcoin (BTC-USD) rose 5% to trade above $71,700 per coin after paring earlier gains that had pushed the asset above $72,700. Solana (SOL-USD) and Ethereum (ETH-USD) picked up 7% and 8%, respectively, after also giving up steeper gains earlier in the session. No preference for which cryptocurrency the payments should be made in was reported...