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Bitcoin Plunge Below $63K Threatens Mining Costs as Liquidations Exceed $2B

Bitcoin's price crashed below $63,000, potentially sinking below the estimated cost for many miners to produce the digital asset. Analyst estimates place average mining...

Ethereum’s Falling Hedge Status Spurs Altcoin Rotation Amid Rising Risk

As major cryptocurrencies face significant sell-offs, investors are reportedly rotating capital into altcoins as a hedge against volatility. Data shows the broader altcoin market...

Buterin Sells $6.7M ETH While Critiquing Layer-2 Strategy as Price Drops

Ethereum founder Vitalik Buterin has transferred approximately $6.7 million worth of ETH from his wallets over three days, according to on-chain data. The activity...

Gemini Withdraws From UK, EU & Australia, Cuts 25% Of Jobs To Focus On US And AI

Crypto exchange Gemini is exiting the United Kingdom, European Union, and Australia markets and cutting 25% of its staff. The company stated these regions...

Coinbase Listing Fails to Lift HYPE Token as Broader Market Downtrend Persists

The native token of decentralized exchange Hyperliquid, HYPE, faced continued selling pressure on Thursday, falling over 7% to trade near $32.9. This decline occurred...

Lightning Network Sets Record with $1M Bitcoin Transfer Completed in Under 1 Second

A $1 million Bitcoin transaction using the Lightning Network was completed in 0.43 seconds, highlighting the layer-2 solution's speed for high-value transfers. The payment...

Alphabet slides 2.5% after strong earnings; $175B-$185B AI capex stokes investor fears now

After quarterly results Wednesday, Alphabet shares fell 2.5% Thursday morning to about $324. Shares slid 4% over five days amid rising concern about an...

BitMine’s Shares Plunge 11%, Unrealized ETH Losses Hit $8 Billion

Shares of cryptocurrency firm BitMine Immersion Technologies plunged to a seven-month low, dropping 11% on Thursday. The decline reflects approximately $8 billion in unrealized...

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