The company’s founder and CEO, Igor Runets, was placed under house arrest in connection with multiple tax evasion charges. BitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent company, Fox Group of Companies, under observation as debts and unpaid obligations pile…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A reported $500 million investment by an Abu Dhabi royal into a Trump-linked crypto venture is reverberating well beyond the digital asset space, feeding into a broader debate about political influence, regulatory oversight, and how major financial institutions such as JPMorgan Chase…
Key takeaways: Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders. Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%. Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility following a brutal 28% price correction over seven days. Investors retreated into…
Yearn Finance highlights the urgent need for better risk management as DeFi faces growing challenges. Key takeaways Customer support remains a significant challenge in DeFi due to the lack of traditional support structures. Yearn Finance conducts due diligence on new strategies to ensure safety before implementation. UST was identified as structurally unsound by Yearn, demonstrating…
The Trump family isn’t done with memes. The U.S. president’s media group, Trump Media & Technology Group (TMTG), announced its “Digital Token Initiative” this week. Shareholders of TMTG, according to the release, will soon be eligible to receive a digital token linked to the MAGA-focused Truth Social platform. These tokens can’t be transferred, exchanged for…
Retail crypto suffered most since January 2025, while ETFs and DATs masked true losses for Bitcoin, Ethereum, and XRP, according to Hougan. Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, has stated that the cryptocurrency market has been in a full-blown “crypto winter” since January 2025. The exec said that signs suggest the downturn…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After losing the $80,000 price mark, the price of Bitcoin has made several attempts to recover this level, but each one was capped by this resistance zone, which was once a key support. Interestingly, this continued bearish pressure is beginning to reflect…
The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September. Lawmakers in the US House of Representatives have approved a bill that will mostly reopen the government after a four-day partial shutdown. In a Tuesday House vote of 217 to 214 in favor…
Grayscale’s CoinDesk Crypto 5 ETF (GDLC) has added BNB to its holdings as part of a scheduled quarterly rebalance, replacing Cardano’s ADA token in the fund’s composition. $BNB is being added to the Grayscale CoinDesk Crypto 5 ETF (Ticker: $GDLC) as part of its scheduled rebalance, reflecting the evolving crypto market landscape and GDLC’s rules-based…
The crypto market held steady on Tuesday as investors bought the dip and as risky assets like stocks continued their recent rally. Summary The crypto market held steady on Tuesday as the recent crash faded. Federal Reserve’s Stephen Miran supports more interest rate cuts this year. Technical analysis suggests that cryptocurrencies have further downside in…
