Data center developer WhiteFiber’s (WYFI) first long-term colocation deal at its flagship NC-1 campus with Nscale Global supports management’s execution and its original deployment timeline, investment bank B. Riley said in a report Tuesday. “We believe WYFI’s reaffirmation of its original deployment timeline demonstrates its execution capability and the benefit of the company’s retrofit model,”…
The European Union’s newest tax transparency law for digital assets takes effect Jan. 1, marking a shift in how crypto activity faces scrutiny across the bloc. Known as DAC8, the directive extends the EU’s long-running framework for administrative cooperation on taxation to crypto assets and related service providers. The rules require crypto-asset service providers, including…
Filecoin FIL$1.2771 slipped 2% to $1.28 during Tuesday’s session, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to the crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates large order flows are driving the price moves rather than fundamentals for…
Network News AAVE COMMUNITY SPLIT: Aave’s community members and participants have become sharply divided in recent weeks over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the decentralized autonomous organization (DAO) and Aave Labs, the centralized developer firm that builds much of Aave’s technology. The debate has…
The crypto industry is closing out the year with a record $8.6 billion in mergers and acquisitions, according to the FT, up sharply from $2.17 billion the year prior. The deal surge comes amid a major policy shift in Washington, where the Trump administration has backed the sector with a string of regulatory developments that…
HashKey Capital, a subsidiary of HashKey Holdings, said it closed the first round of fundraising for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals. The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both…
Avian Labs, the company behind crypto payments service Sling Money, received approval to operate as a crypto services provider from the U.K.’s Financial Conduct Authority, expanding its reach in Europe after securing a license from the Dutch regulator in April. The approval places the person-to-person payments app among a growing cohort of crypto payments firms…
Bitcoin BTC$86,849.50 has spent virtually all of December locked between $85,000 and $90,000, while U.S. equities rallied and gold hit all-time highs. That’s left bitcoin investors frustrated, and the explanation lies in derivatives mechanics. Now, those same mechanics indicate that the largest cryptocurrency could be making a break toward the high end of the range….
Dogecoin slipped under the $0.13 level Tuesday as heavy spot selling coincided with a sharp jump in derivatives activity, suggesting traders are positioning for wider swings rather than an immediate rebound. News background BitMEX reported Dogecoin futures volume surging 53,000% to $260 million as traders ramped up exposure into the move, a sign that volatility…
Gold is making fresh highs while bitcoin is struggling to hold key levels, reopening a debate crypto investors never fully settled. If bitcoin is supposed to be digital gold, this is the kind of tape it is meant to win. Right now, it is not. The question is getting louder because gold is rallying on…
