CMC Crypto News

The crypto-focused financial firm credited its trading business and digital asset valuation growth for the outperformance.

The leveraged bet represents a significant wager on Bitcoin price declines following the trader's previous profitable short during last week's market crash.

The second-largest cryptocurrency by market value recently traded at $3,973, reflecting cautious sentiment ahead of key economic releases.

The decision means Saga owners will no longer receive new software updates or critical security patches moving forward.

The collaboration addresses persistent inefficiencies in global payments, where companies currently lock up capital worldwide just to maintain transaction flow.

This shift allows them to maintain Bitcoin exposure while accessing broader investment and lending services.

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.