BitMine Faces $7B Unrealized Loss as Ethereum Slides Below $2,100
A sharp decline in Ethereum prices has pushed BitMine Immersion Technologies into roughly $7 billion in unrealized losses, testing its Ethereum-focused treasury strategy.
A sharp decline in Ethereum prices has pushed BitMine Immersion Technologies into roughly $7 billion in unrealized losses, testing its Ethereum-focused treasury strategy.
The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
Hong Kong could significantly expand its asset management sector by adopting tokenized fund infrastructure, according to a new BCG-led whitepaper.
Tether reported record USDT user growth and higher reserves in the fourth quarter of 2025, even as crypto markets suffered a sharp liquidation-driven downturn.
Bhutan transferred another $22 million in Bitcoin to a market maker as declining prices and rising mining costs pressure its state-backed crypto strategy.
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
Kraken parent Payward reported a sharp rise in 2025 revenues as higher trading volumes and acquisitions helped diversify income streams ahead of a potential IPO.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Nevada regulators have moved to block Coinbase’s prediction market offerings, arguing the exchange is facilitating unlicensed sports wagering through event-based contracts.
Prediction market leaders Polymarket and Kalshi are using grocery giveaways in New York as competition intensifies amid surging trading volumes.
US spot Bitcoin ETFs slipped below $100 billion in assets after $272 million in daily outflows, extending year-to-date losses amid market volatility.
Bitwise is set to acquire staking provider Chorus One, signaling growing institutional demand for onchain yield as Ethereum staking reaches record levels.
Aave is dissolving its Avara umbrella brand and winding down the Family wallet as it sharpens focus on its core DeFi products under Aave Labs.
Crypto.com has launched OG, a standalone prediction market app for U.S. users, separating the business after rapid growth in event-based trading.