American Bitcoin's president Matt Prusak is leaving for AI infrastructure firm Giga Energy, underscoring how mining executives are pivoting toward the power capacity both bitcoin and AI now compete for.
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Coordinated U.S.-Japan intervention to halt a yen slide has revived fears of a 2024-style carry-trade unwind hitting bitcoin, but new data suggest the link may be weaker than traders assume.
Morgan Stanley downgraded Circle Internet to underweight and cut its price target to $38 from $106, citing slowing USDC growth and rising competition from tokenized funds.
BlackRock has launched two tokenized money market products, including a new multi-chain vehicle, designed to serve as GENIUS Act-compliant reserve assets for stablecoin issuers.
Bitmine expanded its ether stockpile and buybacks while Strategy sold bitcoin and reshuffled its capital structure, revealing two contrasting corporate crypto-treasury strategies.
Strategy sold $105 million in bitcoin and raised fresh equity to buy back part of its STRC preferred stock, a rare rebalancing move as bitcoin dipped to around $62,500.
Bitget will phase out services for Japanese users by year-end, a retreat driven by Tokyo's reclassification of crypto as a regulated financial instrument.
A solo miner claimed a $200,000 block reward as a Coldcard hardware wallet exploit triggered fund movements and fresh debate over whether Bitcoin holders are selling or simply relocating custody.
A five-day-old hack of the Coldcard hardware wallet has drained a reported $114 million in bitcoin, shaking confidence in self-custody as bitcoin and ether prices slip.
