Bitcoin Tops $94K, ‘Netscape’ Moment For Crypto
Cryptocurrency markets saw another week of downside, as investors eagerly anticipated the year’s last Federal Open Market Committee (FOMC) meeting.Bitcoin...
Business
YouTube taps PayPal to bring stablecoin payments to its platform
Key Takeaways YouTube now allows US creators to receive payouts in PayPal's stablecoin PYUSD. PayPal's stablecoin integration expands options for...
Texas Grid Faces Record AI Power Demand as ERCOT Load Requests Surge
Texas is rapidly emerging as an epicenter of artificial intelligence-driven energy demand, with an unprecedented surge in large-load power requests,...
The Case for and Against Crypto Companies’ Inclusion in Stock Indexes
Strategy, the largest Bitcoin treasury company, submitted feedback to index company MSCI on Wednesday about the proposed policy change that...
Bitwise’s Crypto Index Fund Moves to NYSE Arca
Bitwise Asset Management’s 10 Crypto Index Fund (BITW) is moving from the over-the-counter market to NYSE Arca, a shift that...
SoftBank-backed Twenty One to begin trading on NYSE today with over 43,500 Bitcoin
Key Takeaways Twenty One Capital, backed by SoftBank and Tether, will begin trading on the NYSE under the ticker “XXI.”...
USDT Wins Regulatory Recognition in Abu Dhabi’s ADGM
Tether’s USDt, the largest stablecoin by circulation, has secured a regulatory milestone in Abu Dhabi’s international financial center, opening the...
Crypto VC Funding Slumps Despite Big November Raises
Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late...
Bitcoin Treasury Firms Enter ‘Darwinian Phase’: Galaxy Research
Bitcoin treasury companies are entering a “Darwinian phase” as the core mechanics of their once-booming business model break down, according...
Crypto treasury underwriter Clear Street plans to go public early next year: FT
Key Takeaways Clear Street aims to list publicly in a deal led by Goldman Sachs, potentially valuing the firm at...
Polymarket Building Internal Market-Making Team, Bloomberg Reports
Polymarket is recruiting staff for an internal market-making team that may trade against users on its platform.The company has recently...
Twenty One Capital to List on NYSE After Cantor Merger
Twenty One Capital, a Bitcoin-focused financial company led by Jack Mallers, expects its shares to begin trading on the New...
Why Bitcoin Miners Are Shutting Down Rigs in 2025
Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in...
Saylor says Strategy engages MSCI as index shakeup threatens major outflows
Key Takeaways Strategy faces possible exclusion from MSCI indices, potentially triggering significant outflows. The company's equity is highly volatile due...
Unlimit Debuts Stable.com for Non-custodial Stablecoin Swaps
Fintech payments provider Unlimit has launched a non-custodial platform designed to act as a clearinghouse for major stablecoins and provide...
Bitcoin Miners Face Harshest Margins on Record
The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even...
Strategy May Sell Bitcoin If mNAV Drops and No Capital is Available: CEO
Strategy would consider selling Bitcoin only if its stock falls below net asset value and the company loses access to...
CoinShares ends bid to launch XRP, Solana, and Litecoin ETFs in the US
Key Takeaways CoinShares has withdrawn its registration filings for three crypto ETFs tied to XRP, Solana, and Litecoin. The move...
Fire Breaks Out at Greenidge New York Facility, Forcing it Offline
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden,...
CME Halts Trading for Several Hours Before Restoring Service
The Chicago Mercantile Exchange (CME), the world’s largest financial derivatives exchange, halted trading for about 10 hours from Thursday into...
Trump-Linked Alt5 Sigma Treasury Company Dumps CEO, COO
ALT5 Sigma, a crypto treasury company with ties to US President Donald Trump, replaced CEO Jonathan Hugh and cut ties...
Ark Invest acquires 174K Alphabet shares as the stock hits all time high
Key Takeaways Ark Invest, led by Cathie Wood, acquired 174,000 shares of Alphabet. Alphabet's stock price is surging due to...
