Trader Opens $1.96M MEGA Long at 1x Leverage, Already Down $402K
An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on...
TheCryptoNewsWire
Justin Sun: Why Crypto Cards Are the ‘Next Evolution’ for Stablecoin Distribution
Tron founder Justin Sun has declared that crypto cards are the next structural phase in how digital assets reach everyday...
Bitcoin ETFs draw $2B in April for highest monthly inflows this year
US spot Bitcoin ETFs posted strong April inflows as Bitcoin rallied, with IBIT leading gains despite late-month outflows across funds.US-listed...
Brazil bars crypto settlement in regulated cross-border payment rails
Brazil’s central bank barred virtual assets from settlement inside regulated eFX payment rails as it tightens oversight of crypto-linked flows.Brazil’s...
Repeated Bitcoin profit taking near $77K suggests rally is losing steam
Short-term traders took profit each time BTC rallied above $77,000, creating overhead sell pressure that has capped BTC’s ability to...
Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply
TLDR: Bitmine staked $508.4M worth of ETH in a single day through six large transfers via Coinbase Prime. The firm...
SBI eyes Bitbank deal as Japan’s crypto exchange market consolidates
SBI Holdings is in discussions to make Bitbank a subsidiary, adding to its push to acquire crypto exchanges amid improving...
Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high
Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with...
Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research
Bakkt announced the deal in January, which was originally for 9.3 million shares, along with a corporate name change to...
Tether-backed Oobit rolls out virtual Visa cards for AI agent USDT spending
The Agent Cards launched to a select group of businesses on Thursday, with a limited number of additional companies set...
Bitcoin Miner Riot Platforms Offloads Another 500 BTC to NYDIG, Extending Sell Streak
Bitcoin miner Riot Platforms has deposited another 500 BTC, worth $38.24 million, to institutional custodian NYDIG, extending one of the...
US Debt Nears $39T GDP Mark for First Time Since 1946, Validating Bitcoin
The U.S. national debt has officially surpassed $38.9 trillion, eclipsing 100% of the country’s gross domestic product (GDP) for the...
France Drops Self-Custody Reporting Mandate
The article that established the duty for taxpayers to disclose the value and characteristics of their crypto funds held in...
Porvenir Launches Crypto Pension Fund in Colombia
Porvenir, the largest Colombian pension fund manager, opened the doors to cryptocurrency to its users by launching a new crypto...
Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
Futures drove up Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines.Bitcoin...
