Crypto News

- Gemini Crypto Sued Over Post-IPO Strategy Shift and Stock Decline Gemini Crypto is getting sued. Shareholders filed a class-action in Manhattan federal court claiming the exchange lied to investors during its September IPO. The target is the company itself and the Winklevoss twins. The allegation is that Gemini raised capital on a growth story, then quietly ditched it for prediction markets and cost-cutting the moment the money was in. The stock tells the rest of the story. From a post-IPO high of $40 down to around $6. That is an 80% collapse, and now the people who bought in want answers. The Mechanics of the Bait-and-Switch Allegation: What the Lawsuit Claims The lawsuit comes down to one thing: what Gemini told investors and...

- Key Takeaways Bitcoin’s recovery above the $70,000 level has revived debate over whether the market is entering a new bullish phase or simply staging another short-lived rebound, as on-chain data improves while broader crypto activity — particularly in altcoins — continues to weaken. On-Chain Data Signals Early Bullish Shift, Glassnode Says Blockchain analytics firm Glassnode said Bitcoin’s move into the mid-$70,000 range has pushed the market into a technically significant zone, adding that limited resistance may lie ahead. According to the report, Bitcoin has broken out of a dense accumulation range between $59,000 and $72,000 and entered a relatively thin “air gap” extending toward $82,000. This zone, defined by the UTXO...

- Start with Bitcoin The building block of any cryptocurrency portfolio needs to be Bitcoin. After all, the world's most popular cryptocurrency still accounts for a whopping 60% of the total market cap of the crypto market. As a general rule of thumb, then, Bitcoin needs to account for at least 60% of your portfolio. Otherwise, you're not getting full exposure to crypto as a unique asset class. Although the cost of Bitcoin in the spot market is currently $71,000, there are cheaper ways to get access to it. For example, you could pick up one share of the iShares Bitcoin Trust (NASDAQ: IBIT), which is currently trading for about $41. This spot crypto ETF gives you 1:1 exposure to the price action of Bitcoin and can be used as a proxy...

- Bitcoin Rallies to $71K as Bessent Mulls Lifting Some Iran Oil Sanctions Bitcoin climbed to highs over $71,000 Friday morning, recovering from earlier weakness as efforts continued to stabilize oil supplies disrupted in the Strait of Hormuz. The cryptocurrency is currently trading at $70,547, flat on the day according to CoinGecko data, after reaching an intraday high of $71,261 early Friday. The cryptocurrency's price bounce came after a tumultuous period where Bitcoin slipped below $70,000 on Thursday as Brent crude oil prices hit $119 per barrel amid attacks on Persian Gulf energy facilities, triggering over $500 million in crypto liquidations. The news comes as U.S. Treasury Secretary Scott Bessent mulled responses to surging...

- Bittensor (CRYPTO: TAO) is one of the more substantive projects in the AI-related cryptocurrency segment. It's a decentralized network for buying and selling AI-related goods and services, such as computing power. Its price is up by about 44% in the last seven days (as of March 14), and this rise coincides with the crypto sector's expanding footprint in AI. Is this coin a buy with $500, or is it too risky to consider? What Bittensor actually does Think of Bittensor as a marketplace for necessary components used in the infrastructure for artificial intelligence. In that market, independent contributors build and evaluate machine learning outputs, earning TAO, the native token of the Bittensor blockchain, for useful work. The...

- Bitcoin Has Been Declared Dead 471 Times. Here's What Happened Every Time. Many high-profile people, including quite a few smart ones, have been publicly declaring that Bitcoin (CRYPTO: BTC) is dead or doomed for as long as the coin has existed. As of this writing, the count as tracked by BitcoinDeaths, a data aggregator, stands at 471 separate public obituaries, issued by everyone from Nobel laureates to bank chief executives, hedge fund managers, prime ministers, cable news pundits, and at least one central banker. The legendary investor Warren Buffett, for his part, is responsible for at least eight of those declarations. Today, Bitcoin is priced at about $71,000, down by about 44% from the all-time high of about $126,000 in...

- Bitcoin Has Been Declared Dead 471 Times. Here's What Happened Every Time. Many high-profile people, including quite a few smart ones, have been publicly declaring that Bitcoin (CRYPTO: BTC) is dead or doomed for as long as the coin has existed. As of this writing, the count as tracked by BitcoinDeaths, a data aggregator, stands at 471 separate public obituaries, issued by everyone from Nobel laureates to bank chief executives, hedge fund managers, prime ministers, cable news pundits, and at least one central banker. The legendary investor Warren Buffett, for his part, is responsible for at least eight of those declarations. Today, Bitcoin is priced at about $71,000, down by about 44% from the all-time high of about $126,000 in...

- Altcoins, or any cryptocurrency other than Bitcoin (CRYPTO: BTC), are often considered speculative investments. Whereas Bitcoin can be actively mined, valued by its scarcity, and considered a hedge against inflation, many altcoins have fewer visible strengths. Instead, they often trade on headlines, market hype, and a "fear of missing out". That said, investors shouldn't simply gloss over all these altcoins. Some of them can still be valued for their scarcity and utility, attracting more attention from developers and investors as the crypto market heats up again. Two such coins are Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA). While I wouldn't bet the farm on either of these altcoins in this wobbly market, I believe they could...

- 2 Altcoins to Buy With $100 Right Now Altcoins, or any cryptocurrency other than Bitcoin (CRYPTO: BTC), are often considered speculative investments. Whereas Bitcoin can be actively mined, valued by its scarcity, and considered a hedge against inflation, many altcoins have fewer visible strengths. Instead, they often trade on headlines, market hype, and a "fear of missing out". That said, investors shouldn't simply gloss over all these altcoins. Some of them can still be valued for their scarcity and utility, attracting more attention from developers and investors as the crypto market heats up again. Two such coins are Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA). While I wouldn't bet the farm on either of these altcoins in this...

- Kentucky Senate Urged to Strip Hardware Wallet Provision From Crypto Bill A last-minute amendment requiring hardware wallet providers to help reset user credentials, tucked into Kentucky’s sweeping crypto ATM bill, is facing mounting backlash, with experts saying it is a fundamental misunderstanding of how crypto infrastructure works. Section 33 of House Bill 380, added as a last-minute floor amendment during House debate, would require hardware wallet providers to furnish customers with a mechanism to reset "any password, pin, seed phrase, or other similar information" needed to access a wallet. Hardware wallets are physical devices that store crypto private keys offline and ensure only the user, not even the manufacturer, can...

- A last-minute amendment requiring hardware wallet providers to help reset user credentials, tucked into Kentucky’s sweeping crypto ATM bill, is facing mounting backlash, with experts saying it is a fundamental misunderstanding of how crypto infrastructure works. Section 33 of House Bill 380, added as a last-minute floor amendment during House debate, would require hardware wallet providers to furnish customers with a mechanism to reset "any password, pin, seed phrase, or other similar information" needed to access a wallet.  “BPI is sending a letter to the Kentucky Senate informing them of the harmfulness of this language,” the group wrote on X. Hardware wallets are physical devices that store crypto private keys offline and...

- Bitcoin Trails Money Supply Growth as Energy Costs and Rates Bite Bitcoin is trading at a steep discount to global liquidity trends, according to new analysis from CF Benchmarks, even as macro headwinds tied to energy prices and monetary policy complicate the outlook for risk assets and economic growth. Global M2 money supply has risen about 12% since mid-2025, while Bitcoin has fallen roughly 35% over the same period, the Kraken-owned index provider said. One model cited in its report, published Thursday, implies a “fair value” of about $136,000, compared with Bitcoin’s current price near $70,000. The divergence marks one of the largest gaps on record between Bitcoin and a metric long viewed by analysts as a proxy for global...

- Bitcoin Options Traders Show ‘Peak Defensiveness’ as Bets Top $33bn Bitcoin options traders are skittish. They have been loading up heavily on downside protection at levels not seen in five years, according to VanEck’s latest Bitcoin ChainCheck report. Last month, the put-to-call ratio — a gauge of bearish versus bullish bets — peaked at 0.84 and averaged 0.77. That’s the highest level since June 2021, and is among the 9% most bearish periods since mid-2019. Bitcoin options open interest is at around $33 billion. Translation: investors are buying way more protection against Bitcoin falling than they are betting on the asset rising. Puts function as insurance against price drops, giving investors the right to sell Bitcoin at a...

- Bitcoin is trading at a steep discount to global liquidity trends, according to new analysis from CF Benchmarks, even as macro headwinds tied to energy prices and monetary policy complicate the outlook for risk assets and economic growth. Global M2 money supply has risen about 12% since mid-2025, while Bitcoin has fallen roughly 35% over the same period, the Kraken-owned index provider said.  One model cited in its report, published Thursday, implies a “fair value” of about $136,000, compared with Bitcoin’s current price near $70,000. The divergence marks one of the largest gaps on record between Bitcoin and a metric long viewed by analysts as a proxy for global liquidity. Historically, expansions in money supply have filtered...

- Bitcoin options traders show ‘peak defensiveness’ as bets top $33bn Bitcoin options traders are skittish. They have been loading up heavily on downside protection at levels not seen in five years, according to VanEck’s latest Bitcoin ChainCheck report. Last month, the put-to-call ratio — a gauge of bearish versus bullish bets — peaked at 0.84 and averaged 0.77. That’s the highest level since June 2021, and is among the 9% most bearish periods since mid-2019. Bitcoin options open interest is at around $33 billion. Translation: investors are buying way more protection against Bitcoin falling than they are betting on the asset rising. Puts function as insurance against price drops, giving investors the right to sell Bitcoin at a...

- Bitcoin (CRYPTO: BTC) has publicly been called dead by well-known commentators at least 471 times since 2010, according to the BitcoinDeaths data aggregator service, and each one of those obituaries was written with conviction. Yet each one was wrong. Now, with the coin still smarting from its painful collapse that started with the Oct. 10, 2025, flash crash, online searches for "Bitcoin going to zero" have once again hit record levels. But there's a reason the doomsayers keep getting proven incorrect, and the structural floor beneath Bitcoin's price is far sturdier than is generally known -- including in a cheeky technical way that the bears are unlikely to appreciate. Let's explore why Bitcoin is unlikely to ever go to zero. The...

- Bitcoin (CRYPTO: BTC) has publicly been called dead by well-known commentators at least 471 times since 2010, and each one of those obituaries was written with conviction. Yet each one was wrong. Now, with the coin still smarting from its painful collapse that started with the Oct. 10, 2025, flash crash, online searches for "Bitcoin going to zero" have once again hit record levels. But there's a reason the doomsayers keep getting proven incorrect, and the structural floor beneath Bitcoin's price is far sturdier than is generally known -- including in a cheeky technical way that the bears are unlikely to appreciate. Let's explore why Bitcoin is unlikely to ever go to zero. The case against ever going to zero For Bitcoin's price to...

- Bitcoin’s price dipped hard on Thursday as war in the Middle East escalated, sparking fears of an energy crisis, before rebounding. Iran hit Qatar’s main gas plant, Ras Laffan, causing billions of dollars in damage. The strike came after the Federal Reserve on Wednesday dampened investor hopes of interest rate cuts later this year. “We’re seeing a double-whammy for risk assets,” David Lawant, Anchorage Digital’s head of research, told DL News. “Crypto isn’t immune to these macro headwinds.” Bitcoin dropped to under $69,000 per coin before rising slightly. CoinGecko data shows it was recently priced at $70,473, down 1% over a 24-hour period. But how low could it go? Temporary ‘decoupling’ Market analysts previously told DL News...

- What’s next for Bitcoin price amid Iran war and oil prices surge Bitcoin’s price dipped hard on Thursday as war in the Middle East escalated, sparking fears of an energy crisis, before rebounding. Iran hit Qatar’s main gas plant, Ras Laffan, causing billions of dollars in damage. The strike came after the Federal Reserve on Wednesday dampened investor hopes of interest rate cuts later this year. “We’re seeing a double-whammy for risk assets,” David Lawant, Anchorage Digital’s head of research, said. “Crypto isn’t immune to these macro headwinds.” Bitcoin dropped to under $69,000 per coin before rising slightly. CoinGecko data shows it was recently priced at $70,473, down 1% over a 24-hour period. Temporary ‘decoupling’ Market...

- Why Washington won’t spoil crypto’s SEC victory When Paul Atkins, chair of the Securities and Exchange Commission, announced this week that his agency had created a “token taxonomy,” he cautioned that Congress would be needed to “future-proof” the landmark step in US crypto regulation. After all, regulators come and go with every presidential election. Laws, however, are much harder to change. That means forthcoming market structure legislation could rain on crypto’s parade if it were more restrictive than the SEC’s token taxonomy, which was met with universal acclaim in crypto circles when it was announced on Tuesday. But Cody Carbone isn’t worried. The SEC and congressional leaders currently negotiating market structure...