Bitdeer secured $60 million to expand ASIC production and self-mining as Bitcoin’s hashrate hit record highs and miner profits faced pressure. Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a...Continue Reading

BTC price behavior hints at a pullback as Bitcoin market observers spot stiff resistance overhead. Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity...Continue Reading

The ECB is calling for changes to MiCA, only months after the regulatory framework was implemented. The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system. According to a policy paper seen by Politico,...Continue Reading

There’s a “growing synergy” between the worlds of traditional finance and cryptocurrency, as crypto platforms plan more TradFi offerings, Bitget CEO Gracy Chen told Cointelegraph. Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi). “There’s a growing...Continue Reading

Whale accumulation, declining balance on exchanges and bullish chart patterns are backing XRP’s potential rally to $3.00. XRP (XRP) has been trapped within a tight range over the last eight days. The altcoin was trading just above its $2.00 support after a marketwide recovery over the weekend. Onchain and technical data now show that the...Continue Reading

Crypto ETPs saw modest inflows of $6 million last week, reflecting mixed investor sentiment but showing signs of recovery, according to CoinShares. Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows, after shedding more than $1 billion in outflows in the previous two weeks. Crypto investment products saw inflows of $6...Continue Reading

Lookonchain reported that the whale may have started offloading tokens, sending 100,000 Solana to Binance. A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset.  Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly...Continue Reading

Oregon Attorney General Dan Rayfield sued Coinbase, alleging it offered XRP and 30 other crypto tokens as unregistered securities in violation of state law. Oregon Attorney General Dan Rayfield’s lawsuit against Coinbase argues that XRP and other digital assets are unregistered securities. Rayield sued US-based, publicly traded crypto exchange Coinbase for allegedly violating Oregon’s securities...Continue Reading

Coinbase confirmed it is considering applying for a US federal bank charter amid moves by crypto firms to integrate with the traditional financial system. US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter. In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a...Continue Reading

Gold advocate Peter Schiff said that gold’s abnormal 31% rally in 2025 holds negative implications for the US dollar. As gold reached new highs above $3,500, Peter Schiff — a prominent gold advocate and Bitcoin critic — argued that the precious metal is money, fueling backlash from the crypto community. “Gold is not just any...Continue Reading