Major financial assets and the American consumer are moving in opposite directions, telling two very different stories about the U.S. economy. Bitcoin, the leading cryptocurrency by market value and a macro asset, jumped 11.8% last month, the largest gain since April 2025 and has since extended the rally by nearly 6% to $80,700, CoinDesk data…
U.S. Federal Reserve changes, inflation data and earnings dominate the week’s calendar, with markets weighing bitcoin’s BTC$80,814.36 newfound strength against a packed macro slate. “The market is entering a phase where liquidity is becoming more selective rather than purely speculative,” Jake Seltzer, CEO of Quantix Finance, told CoinDesk in an emailed statement. “Bitcoin continuing to…
The biggest decentralization move bitcoin mining has seen in years just happened quietly, with seven of the largest pools agreeing to back the same open standard. Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc, and DMND have all joined the Stratum V2 working group, the group announced last week. Stratum V2 is an open-source protocol…
XRP finally forced its way through the $1.45 area that had capped rallies for weeks, and the move came fast. Volume arrived all at once during the breakout, which usually points to larger positioning rather than retail chasing, though the rally started losing momentum as price approached the psychological $1.50 level. News Background • Traders…
A bitcoin whale came back to life Sunday, moving coins worth $40 billion to a new address after more than a decade of inactivity. The transfer took place at around 19:16 UTC, according to blockchain tracking service Whale Alert. The coins were moved from address “1KAA8GGhVjjUjVTz1HKAjCyGNzAKQd882j” to “bc1qm6m6d33d02edr0k8yj9jgt027zl6dvx6thjrxy.” The wallet had remained inactive since November…
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total…
1. Copy Fail: The Linux vulnerability affecting crypto infrastructure security A recently uncovered security flaw in Linux is drawing concern from cybersecurity specialists, government agencies and the cryptocurrency sector. Codenamed “Copy Fail,” the vulnerability affects many popular Linux distributions released since 2017. Under specific circumstances, the flaw could let attackers escalate privileges and gain full…
Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA. But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite. We compiled…
Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings. Hyperliquid led the pack, generating $50.95 million in revenue over the period, all of which went directly to token holders with zero…
Digital Asset Holdings, the enterprise blockchain company behind the Canton Network, a permissioned blockchain network for financial institutions with privacy features, is reportedly raising fresh capital at a $2 billion valuation. The $300 million round is being led by venture capital firm a16z crypto, and is expected to close in several weeks, according to Bloomberg,…
