Tag: faces

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Bitcoin’s (BTC) recent macro relief faces a challenge from Japanese interest rates

Japanese bonds are challenging the boost bitcoin BTC$63,372.39 has received from shifting interest-rate expectations that lifted the price of the largest cryptocurrency by 8%...

BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

The sequence began on June 30, when an anonymous wallet submitted a proposal to transfer the treasury's holdings to a wallet it controlled, per...

Circle (CRCL) selloff may be ‘overreaction’ but Open USD faces adoption test

Still, he argued that the Circle's 16% selloff on Tuesday went too far."I think it is an overreaction," he told CoinDesk.He pointed to Paxos'...

Clarity Act still faces long road despite Senate progress, says Jefferies

The Clarity Act is widely viewed as the crypto industry's most important market structure bill because it would establish clear rules for when digital...

Bitcoin’s ‘Deep Value’ Discount Faces Hawkish Fed Test: Bitwise

Bitcoin's (BTC) valuation metrics continue to highlight a deep discount even as markets brace for a potentially hawkish Federal Reserve under new chair Kevin...

Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

The report comes amid a dramatic shift in the bitcoin mining industry. Following the collapse in mining profitability after the 2024 halving, many operators...

Binance Reportedly Faces EU Exit As MiCA Bid Is Rejected

Binance, the world’s largest cryptocurrency exchange, is on the brink of losing access to the European Union after its application for a...

What next for bitcoin as it faces headwinds from Fed rates to Claude’s Mythos

Anthropic released Claude Fable 5 on Tuesday, its most capable public model running on Mythos, as it pursues a fall listing it has already...

Bitcoin (BTC) faces an ‘identity crisis’ and DeFi devs need to stop acting like tech bros

The cryptocurrency market is enduring a sharp narrative shift, but the real growth is happening away from the spotlight, according to the co-founder of...

Nakamoto Reverse Stock Split as it Faces Nasdaq Delisting

Bitcoin treasury company Nakamoto is moving ahead with a shareholder-approved 1-for-40 reverse stock split on Friday in an effort to avoid delisting from the...

South Korean Funeral Company Faces $33M Unrealized Loss on Leveraged Ether ETFs

South Korean funeral service company Bumo Sarang is sitting on roughly 49.3 billion won ($32.7 million) in unrealized losses after investing about $40 million...

Swan Bitcoin Faces Nearly $1B Lawsuit Over Prime Trust Transfers

The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1...