Crypto investment platform Unicoin hit back at the US Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case. Unicoin told a New York federal judge on Wednesday that the SEC’s lawsuit should be dismissed as it “plucks snippets of communications and distorts their…
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United States-based spot Bitcoin exchange-traded funds are now responsible for a significant share of daily spot trading as institutional investors have continued to warm up to crypto. “Bitcoin spot trading volumes through US-based ETFs have become a significant source of investor exposure to Bitcoin,” said Julio Moreno, head of research at blockchain analytics firm CryptoQuant,…
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Bitcoin miner IREN has posted its best quarter of earnings to date, bringing in $187.3 million last quarter, which contributed to a record $501 million revenue for the fiscal year, sending its stock up nearly 14% in after-hours trading. Quarterly revenue for the month ended June 30 was up 226% year-on-year, helping the company swing…
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Key takeaways: Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23. Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient. Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. Despite the bounce, traders remain uneasy as Bitcoin miners have…
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Gryphon Digital Mining is set to merge with Trump-linked American Bitcoin in September, with its shares already up 231% since the May announcement. Gryphon’s shares jumped 42.1% on Thursday to $1.75 from $1.35, according to Google Finance. The rally came as American Bitcoin’s largest investor, Hut 8 CEO Asher Genoot, told Reuters the merger between…
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The US Commodity Futures Trading Commission (CFTC), a US financial regulator, announced on Thursday that offshore crypto exchanges now have a pathway to legally serve US-based clients by registering under the Foreign Board of Trade (FBOT) framework. US-based clients have had the right to trade on registered offshore platforms since the 1990s under the FBOT…
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What are crypto swaps, crypto bridges and conversion tools? We are well past the halfway mark of 2025, and crypto swaps are everywhere. But is that just hype, or does the data back it up? And what exactly is a crypto swap, and how does it differ from bridging or exchanging? In Q2 2025, decentralized…
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Key takeaways: Bitwise forecasts Bitcoin price to reach $1.3 million by 2035, projecting 28.3% annualized returns that outpace traditional assets. Institutional investors dominate Bitcoin demand, with corporate holdings surging and Strategy leading in accumulation. Limited supply, strong hodling, and macroeconomic pressures create a setup for long-term Bitcoin price growth. Crypto asset management firm Bitwise released…
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Bitcoin’s price has soared since many investors first entered the market, leaving holders with a tough question: Should you sell now, or keep holding for the future? For some, selling could mean finally realizing profits and turning digital wealth into real-world rewards. For others, it raises the fear of missing out on even greater gains…
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The US government has tapped Chainlink and Pyth, two blockchain oracle providers, to publish economic data onchain. Pyth was selected by the Department of Commerce to be a publisher of gross domestic product (GDP) data — the total economic output in a year — according to an announcement on Thursday. Chainlink was selected to provide…
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