The latest in digital assets, markets and regulation.
Bitcoin moved lower as tensions between the United States and Iran escalated, adding geopolitical uncertainty to global markets. The decline placed the digital asset alongside other risk-sensitive markets responding to a changing international backdrop.
Bitmine added 53,500 ETH and now controls about 4.9% of Ether's supply. The company has accumulated for 65 consecutive weeks despite a prolonged downturn and $5.1 billion in unrealized losses.
Hyperliquid Strategies, a proposed treasury company focused on the HYPE token, increased its equity financing facility to $2.5 billion. The expanded arrangement gives the vehicle additional capacity to raise capital as it develops its digital-asset treasury strategy.
Strive purchased 1,800 Bitcoin for $143 million, increasing its holdings to 23,156 BTC. The transaction moved the company into fifth place among publicly traded corporate holders.
Core DAO is preparing an emergency hard fork after validators received rewards above the intended amount. The planned network change is intended to address the reward issue and restore the protocol's expected operation.
Russia's largest bank estimates regulated cryptocurrency venues could handle more than $46 billion during the first year after legalization. The projection offers an early measure of potential demand under the new framework.
A political action committee supported by crypto interests has scaled back advertising spending in a Massachusetts primary. The change reduces the group's visible campaign activity in a race where digital-asset policy had attracted industry attention.
An early Bitcoin holder moved 20 BTC to a custodian, retrieved the assets and then sent them to an address that effectively destroyed access. The unexplained transaction was worth about $1 million at the time reported.
Prediction market operator Kalshi has issued its first lifetime ban to a Republican politician in connection with insider betting. The action establishes a notable enforcement precedent for a market built around trading on event outcomes.