American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a record 817 BTC. Mining Output Goes Up, But BTC Price Drop Hits Earnings Per documents it filed with […]
US President Donald Trump announced on his social media platform that the two warring parties in Europe, Russia and Ukraine, have agreed to a three-day ceasefire. Bitcoin’s price reacted to the news positively, but in a more modest manner. “This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of […]
Bitcoin’s price slide below $80,000 didn’t last long, as the asset reclaimed that level yesterday following US President Trump’s announcement of a three-day ceasefire between Ukraine and Russia. Many altcoins have produced a lot more impressive gains today, led by ONDO, SIREN, JUP, ICP, and VVV. BTC Taps $80K Again Bitcoin’s late April/early May rally […]
Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at a comparable pace, in the summer of 2024, it foreshadowed one of the more notable bull runs in recent memory. Wallet Exits […]
Blockchain settlement rails are increasingly becoming intertwined with the global financial system. A group of firms recently achieved a feat that could introduce 24/7 settlements for traditional financial markets. According to a tweet, the tokenization platform Ondo Finance, card services provider Mastercard, and JP Morgan’s blockchain platform, Kinexys, are involved in achieving the latest milestone. […]
Bitcoin advocate Samson Mow has pushed back against criticism that Strategy has betrayed its principles by saying it would sell BTC at some point in the future to pay dividends. In a post published on X on May 7, Mow argued that public companies holding BTC need flexibility to protect shareholders, even if that means […]
North Korea-linked actors have been frequently connected to large-scale crypto hacks, thefts, and laundering operations in recent years. But the isolated nation’s foreign ministry denies involvement in global cyber fraud. DPRK Slams “Reptile Media” In an official statement, a spokesperson from the regime’s Foreign Ministry called the accusations unfounded and politically motivated by the United […]
April ended with bitcoin (BTC) posting a 12% increase – the biggest such gain in a year. Although the asset had corrected slightly to $75,000 by the last day of the month, market participants wondered whether the rally was structural or speculative. To that end, the market research firm CryptoQuant has offered insights into what […]
April 2026 turned out to be an unusual month for the crypto market. While overall activity remained steady on the surface against significant geopolitical turmoil, the space saw a series of exploits that shook investor confidence. The leading blockchain security firm, CertiK, reported that crypto-related exploits and incidents in April 2026 resulted in total losses […]
Bitcoin’s price sluggishness that began on Friday was interrupted by a quick but unsustainable surge to just over $79,000 on Sunday morning after the latest developments on the Iran-US front. This time, reports claimed that Iran had sent its latest peace proposal to the US, which was the reason behind the quick uptick. However, US […]