Crypto News

The crypto market has been on a tear over the past week and had a great weekend as news broke that tariffs would be reduced between the U.S. and China. But the trade started to unwind as crypto fell, starting shortly after trading began on Wall Street on Monday. Ethereum (CRYPTO: ETH) has been the biggest mover of the major tokens, gaining as much as 12% in trading since Friday's market close and has risen 34.2% in the past week. Dogecoin (CRYPTO: DOGE) is leading the meme coins with as much as a 22.3% gain since Friday and a 33.5% increase over the past week, while Cardano (CRYPTO: ADA) jumped 9.5% over the weekend. The move in crypto since Friday has been based on increasing speculation a trade deal would be announced between the...

Paul Atkins, the chair of the Securities and Exchange Commission (SEC), laid out his vision for overhauling the agency's cryptocurrency policies on Monday. He plans to establish guidelines for distributions of crypto tokens that are considered securities and consider whether additional exemptions are necessary. In remarks at a public meeting of the SEC's crypto task force, Atkins indicated that the SEC may consider tweaking its rules. This includes allowing registered broker-dealers with an alternative trading system (ATS) to facilitate trading in non-securities, such as bitcoin or ether, the two largest cryptocurrencies. "A key priority of my chairmanship will be to develop a rational regulatory framework for crypto asset markets...

American Bitcoin, a new crypto mining operation started by Eric Trump, Donald Trump Jr., and data-center operator Hut 8, is merging with Gryphon Digital Mining in a stock-for-stock transaction, placing it in a position to go public on the Nasdaq by the third quarter of 2025. “By taking American Bitcoin public,” said Hut 8 (HUT) CEO Asher Genoot in a press release, “we expect to unlock direct access to dedicated growth capital independent of Hut 8’s balance sheet.” Eric Trump is the chief strategy officer of American Bitcoin, and, like his father, wants the U.S. to lead the world in bitcoin mining; in fact, it already does, and bitcoin miners are using large amounts of water from the U.S. supply to cool their machines. President...

Key Takeaways Eric Trump-backed bitcoin miner American Bitcoin announced that it would become a publicly-traded company through a merger with another Bitcoin miner, Gryphon Digital Mining (GRYP). Shares of Gryphon skyrocketed 285% to $2.00 on the news. The deal would have Gryphon purchase American Bitcoin in a stock-for-stock transaction, culminating in the combined firm being named American Bitcoin and run by its current management and board. The new company is expected to trade on the Nasdaq under the ticker symbol "ABTC." Eric Trump, who is co-founder and Chief Strategy Officer of American Bitcoin, said the firm's vision is to create the most investable bitcoin accumulation platform available, and that the transaction will be...

For Immediate Release Chicago, IL – May 12, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. ETFs recently featured in the blog include: First Trust SkyBridge Crypto Industry & Digital Economy ETF CRPT, The Spear Alpha ETF SPRX, VanEck Vectors Digital Transformation ETF DAPP, TrueShares Technology, AI and Deep Learning ETF LRNZ, and Strive U.S. Semiconductor ETF SHOC. Here are highlights from Friday’s Analyst Blog: Tech ETFs at the Forefront of the Current Market Rally Wall Street staged a solid comeback after a sharp decline in early April triggered by President Trump's...

Key Takeaways Shares of Next Technology Holding (NXTT) surged for the second consecutive session on Monday after the company, which provides software services and buys bitcoin, disclosed a significant increase in its cryptocurrency holdings. Next Technology revealed in a recent regulatory filing that it possesses 5,833 bitcoin, acquiring 5,000 of those since the previous year. As of March 31, the value of its bitcoin holdings was $481.7 million, with a purchase cost of $183.1 million. The company emphasized its view of bitcoin as a long-term investment and plans to continue acquisitions. It added that it has not set a specific target for bitcoin holdings but will evaluate market conditions to decide on further financial actions for...

Earning money usually involves locking into a 9-to-5 job and working five days a week. However, there are ways to easily bring in cash with very little technical expertise. Passive income is money you earn that doesn’t require your active involvement — like a salary would. While popular approaches to this involve purchasing real estate or selling, lesser-known methods, like those involving the volatile, yet potentially higher returns of crypto, can also be fruitful. There are many user-friendly ways to grow your money and digital assets with even a basic amount of cryptocurrency, each with pros, cons, and levels of risk. Here are four ways you can use crypto to create a passive income stream. **Mining** According to Ashley Tison...

(Reuters) - American Bitcoin, a new bitcoin miner backed by U.S. President Donald Trump's two eldest sons, said on Monday it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining. Existing shareholders of American Bitcoin, including co-founder Eric Trump, his brother Donald Trump Jr., and crypto miner Hut 8, will retain 98% ownership of the newly formed entity. The move is the latest in a series of crypto ventures by the Trump family, including a meme coin launched in January and World Liberty Financial, a crypto company partly owned by the president. President Trump has pledged to make the U.S. a global leader in the crypto space and has promised a lighter regulatory touch. However, he has drawn criticism from...

Bitcoin has captivated many investors due to its incredible long-term returns, but its volatility has kept some investors on the sidelines. The leading cryptocurrency regularly sees sharp fluctuations that can push it up or down by 10% in a matter of days. Not every investor wants to deal with that level of uncertainty, but you can’t question the results if you compare it to popular benchmarks like the S&P 500 and Nasdaq Composite. The cryptocurrency also recently reclaimed $100,000 per coin and may head higher. If you are on the fence with Bitcoin, these are some of the reasons to consider getting started. **Bitcoin’s Long-Term Returns Are Impressive** Although Bitcoin doesn’t produce revenue and net income growth like...

Is Bitcoin Truly "Digital Gold"? 3 Ways the Leading Cryptocurrency Diverges From the Most Popular Inflation Hedge Key Points Bitcoin, often referred to as "digital gold," exhibits several key differences from real gold, traditionally used as a store of value and an inflation hedge. Here are three significant differences: 1. It isn't a proven asset for the task yet For Bitcoin to be as effective as gold in hedging against inflation, it must maintain its purchasing power in fiat currency over time. Although Bitcoin may appear to hold its value well in recent years, gold's status as a reliable inflation hedge is backed by thousands of years of history, while Bitcoin only emerged in 2009. Its finite supply doesn't yet guarantee...

Tokyo-listed investment firm Metaplanet has added another 1,241 bitcoin (BTC) to its treasury, spending 18.4 billion yen (or $126 million at currency exchange rates) in its latest purchase, per a Monday disclosure. The acquisition brings Metaplanet’s total holdings to 6,796 BTC, worth over $706 million at current market prices. That has sent it above bitcoin-stacking nation El Salvador’s stash of 6,174 BTC, data from the country’s Bitcoin Office shows. The purchase was made at an average price of just over $102,119 per bitcoin, marking the firm’s most aggressive buy yet since launching its Bitcoin Treasury Operations in April 2024. The firm said its BTC Yield, a proprietary performance indicator measuring bitcoin accumulation per...

Bitcoin BTC could soon hit record price highs, triggering accelerated gains in the wider altcoin market, as easing U.S.-China trade tensions may see markets react positively to a potential slowdown in the April CPI due this week. The U.S. has reached a trade agreement with China after two days of high-level negotiations in Geneva, U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer announced on Sunday. Both countries are set to issue a joint statement on the Geneva trade talks later Monday. The trade deal comes after weeks of a tit-for-tat trade war that saw both countries raise import tariffs above 100%, threatening to inject inflation into the global economy. As such, the positive March U.S. consumer price...

Bhutan, the small landlocked country wedged between India and China, is perhaps best known for “Gross National Happiness,” the alternate measure that the country claims gives a fuller understanding of economic development than GDP. But the country wants to be known for more than just spiritual tourism and Himalayan mountains. Bhutan now hopes to attract foreign investment, foster new industries, and enter the global economy. It’s a steep hill to climb for the isolated Himalayan country, which has recently grappled with a brain drain problem as young Bhutanese travel abroad for new opportunities. “Geography is a challenge for us, demography is a challenge for us,” said Ujjwal Deep Dahal, CEO of Druk Holdings and Investments (DHI)...

"4 Best Strategies for Using Crypto To Diversify Your Portfolio" If you’re looking to mix things up with your traditional investment portfolio and want to bring a more feisty risk tolerance to your strategies, cryptocurrency may serve to fill that role. The wildly volatile, speculative asset class has provided investors with both astounding returns and devastating losses. Many cryptocurrencies regularly post losses of 50% or more within months, weeks, or even days, making millionaires out of some and destroying the savings of others. So, whether you are looking to build a diversified portfolio to help you achieve your short-term financial goals or long-term retirement plans, it’s typically never a good idea to put all your nest eggs...

Decentralized finance (DeFi) on the Bitcoin blockchain may still be in its infancy relative to Ethereum, but Bitcoin DeFi (BTCFi) is becoming safer and cheaper, crypto analytics firm Messari said in a new report. A central participant is Rootstock, one of the oldest Bitcoin layer-2 projects, crypto analytics firm Messari said in its "State of Rootstock" report, published on Thursday. Rootstock is now secured by 81% of Bitcoin's total hashrate, meaning miners that account for this amount are also approving transactions on the layer 2. The figure was just 56% before the onboarding of Foundry and Spiderpool, the world's largest and sixth-largest mining pools, respectively, in February. Messari also observed that transaction fees on...

Missouri could soon become the first U.S. state to eliminate capital gains tax entirely — a move that would have profound implications for crypto holders, stock investors, and real estate stakeholders alike. Missouri House Bill 594, which passed a final vote in the state legislature, now awaits Governor Mike Kehoe’s signature. If signed, it would enact a 100% income tax deduction on all capital gains, including profits from digital assets like Bitcoin and XRP. At the time of writing, Bitcoin is trading above $104,000 and XRP holds at $2.38 — both up in the last 24 hours as investors digest the news. The proposal arrives just weeks after President Trump floated a sweeping federal tax reform plan that would scrap income tax and replace...

Cryptocurrency has become an increasingly popular form of investing, in large part thanks to the prevalence of Bitcoin — which yet again traded above the $100,000 price point on May 8. Ever since programmer Laszlo Hanyecz spent 10,000 BTC on two pizzas back in 2010, marking the first real-world transaction using Bitcoin, investors have pushed the limits of what they can — and cannot — do with the cryptocurrency. One particular investor, Grant Cardone, recently shared in an episode of “Opening Bid” that he’s using Bitcoin to buy real estate. Here’s how he’s doing it, and what industry experts have to say on the matter. How Grant Cardone Is Using Bitcoin in His Real Estate Investment Strategy While some investors argue the merits of...

Bitcoin (CRYPTO: BTC) is up about 25% in the last 30 days alone. It's more likely than not to continue rising, and there's one huge and undeniable reason that makes that the case. So, without further ado, here's why the rest of 2025 is probably going to be a great time for holders. Investors' emotions matter a great deal We all look at the performance of our investments. The brokerage websites and applications make it easy to see exactly how your favorite stock or cryptocurrency is performing relative to your cost basis. Total gains are denoted in green, and losses in red. The temptation to sell one of your holdings is much higher when your total return is negative. Conversely, it's fairly easy to continue retaining an investment...

Bitcoin price rockets past $103K — Is it headed for new highs? Bitcoin delivered extreme volatility this week, with its price swinging sharply. It dropped from $97,000 to $93,000 before surging to $102,000 and climbing. What’s driving the wild movement? Vibes are strong. Senate blocks GENIUS amid democratic backlash over Trump family ties The U.S. Senate failed to advance the GENIUS Act, a stablecoin regulation bill, after Democrats withdrew support over concerns about President Trump's family’s crypto business ties. The measure initially received bipartisan backing, but fell short in a 48-49 vote as all Democrats and two Republicans, Rand Paul and Josh Hawley, opposed it. Tensions escalated following reports of a $2 billion...

The crypto bull move continued into the weekend thanks to a trio of positive macro developments. Likely most responsible for the move was a President Trump Truth Social post regarding trade talks being held in Switzerland between the U.S. and China. "A very good meeting today," said Trump. "Many things discussed, much agreed to," he continued. "A total reset negotiated in a friendly, but constructive, manner. We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE!!!" Earlier Saturday, Trump also announced a "full and immediate" ceasefire in the brewing war between India and Pakistan. Completing the trio of good news, Russian President Putin said he was "in the mood...