Applied Digital Tumbles 30% on Revenue Miss; Plans Selling Cloud Computing Unit
Shares of Applied Digital (APLD), a Texas bitcoin mining and data center firm, dropped sharply on Tuesday after the digital infrastructure provider reported quarterly results that fell short of Wall Street expectations. The company, which has pivoted from its crypto mining roots to focus on high-performance computing (HPC) and...
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Solana Holds Near Highs As ETF Bets Mount And Liquidity Stays Strong
Solana (CRYPTO: SOL) is holding steady near recent highs on Tuesday as ETF speculation continues to drive bullish sentiment across the altcoin market. The coin is trading at $131.71, down just 0.1% on the day, after gaining nearly 19% over the last week. Over the past month, SOL is...
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Bitcoin Price Rips Through $86K As Strategic Reserve Push Gains Global Traction
Bitcoin Price Rips Through $86K As Strategic Reserve Push Gains Global Traction Bitcoin (CRYPTO: BTC) is trading over 2% higher on Tuesday at $86,328, extending its recent rally and continuing to decouple from equity markets amid renewed interest in the asset as a sovereign reserve. The token is up...
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Trump Administration Is ‘Only Looking To Accumulate’ Bitcoin, Bo Hines Says
Bo Hines, Executive Director of the Presidential Council of Advisers on Digital Assets, offered fresh insights into how the U.S. government plans to build a Bitcoin (CRYPTO: BTC) Strategic Reserve. What Happened: In an interview with Anthony Pompliano published on Tuesday, Hines emphasized the administration’s goal to acquire Bitcoin...
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ZKsync’s ZK token drops over 15% after airdrop contract exploit, $5 million stolen
The exploit highlights vulnerabilities in crypto airdrop security, potentially undermining investor confidence and impacting market stability. The post ZKsync’s ZK token drops over 15% after airdrop contract exploit, $5 million stolen appeared first on Crypto Briefing....
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800,000,000 DOGE Bought in 2 Days: What Are Dogecoin Whales Preparing For?
TL;DR Dogecoin whales went on a massive accumulation spree in the past two days, scooping up over 800,000,000 tokens. The question now arises whether they are preparing for a major rally, perhaps driven by encouraging news on the DOGE ETF front. Dogecoin whales are a crucial part of the...
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MSTR vs. MSTY: Growth or Income? A 12-Month Showdown
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). From April 2024 to April 2025, investors in Strategy (MSTR) and the YieldMax MSTR Option Income Strategy ETF (MSTY) followed two distinctly different investment paths — one seeking capital appreciation through bitcoin (BTC) exposure, the other pursuing...
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First Spot Solana ETFs to Hit Canadian Market This Week
While U.S. issuers are still waiting for the approval of a spot Solana (SOL) exchange-traded fund (ETF), Canadian investors will be able to trade such funds on the Toronto Stock Exchange starting Wednesday. Four asset managers are set to bring their product to the market, including Purpose, Evolve, CI...
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Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered
The Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act is expected to be passed in the U.S. in the coming months, and that could trigger an almost 10-fold jump in stablecoin supply, investment bank Standard Chartered said in a research report Tuesday. U.S. legislation “would further legitimise...
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ZKSync Admin Wallet Compromised, $5M Stolen
An admin wallet for layer-2 blockchain ZKsync was compromised on Tuesday with the hacker taking off with $5 million worth of ZK tokens. The stolen funds were the “remaining unclaimed tokens from the ZKsync airdrop,” ZKsync wrote on Twitter, before saying that “necessary security measures are being taken.” The...
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