CMC Crypto News

The cryptocurrency's recovery coincides with gold's largest single-day decline in over five years, signaling a potential shift in market dynamics.

The Minneapolis-based Ethereum treasury firm now holds 859,853 Ethereum, currently valued at over $3.5 billion.

The milestone comes as the world's largest stablecoin issuer continues expanding its global footprint.

Despite the pullback, analysts suggest the movement represents a healthy market reset rather than a broader crash.

The company completed its resale registration on Monday, unlocking stock from its September funding round.

Bitcoin halving events occur every four years, while central banks inject M2 money supply debasement in similar four-year cycles, with both factors superimposing on each other.

CEO Brian Armstrong confirmed the purchase on Tuesday, stating the exchange bought the NFT to bring back the show for a new season.

Overall launchpad activity has contracted recently, with total volume hovering around $100 million and approximately 100 tokens graduating daily across all platforms.

Major altcoins experienced similar downward pressure from macro headwinds. $ETH slipped 4.77% to $3,855, and Solana lost 4.26% during the same period.

The four-day outflow streak follows Friday's $366.6 million and Thursday's $536.4 million in withdrawals from spot Bitcoin ETFs.

CleanSpark has appointed Jeffrey Thomas as senior vice president of AI data centers as the company expands beyond Bitcoin mining.

The proposal aims to remove discretion from state purchasing by automating contract processes through blockchain systems.

The Wall Street firm raised its target to $38 from $24, citing improved economics from the miner's decision to develop AI data centers in-house.

House of DOGE characterized the move as groundbreaking for the intersection of traditional sports and digital assets.

The outage affected multiple blockchain networks and trading services, with East Coast users bearing the brunt of the technical difficulties.

The publicly traded crypto exchange launched the Solana Card as an expansion of its credit card suite, which already includes Bitcoin and XRP versions.

The iShares Bitcoin ETP allows U.K.-based retail investors to gain Bitcoin exposure without directly holding the asset or trading on crypto exchanges.

Backers include Ripple, Rippleworks, Pantera Capital, Kraken, GSR, and Ripple co-founder Chris Larsen, according to the press release.