$8.2 million company with stock down 99.8% to invest $500 million in crypto, 50% down since Jan. What could possibly go wrong?
Nasdaq-traded company from Austin, Texas, Interactive Strength, made headlines by betting big on AI tokens. It announced setting up a crypto treasury and investing $500 million in Fetch AI token (FET). The problem is that the company is far from…...
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Panic or opportunity? What crypto capitulation tells smart investors
Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle....
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TON Down 8% After Israeli Strikes Against Iran
Telegram’s token TON dipped 8% in 24 hours, dropping from $3.20 to a low of $2.93 with significant selling pressure, according to CoinDesk research’s technical analysis model. TON was hit harder than other cryptocurrencies in the CoinDesk 20: the index (which includes the top 20 coins by market capitalization...
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Brazilian Firm Meliuz’s Shares Fall After Planning to Raise $32.4M to Buy Bitcoin
Brazilian fintech firm Meliuz (CASH3) plans to raise R180.08 million ($32.4 million) through an equity offering, according to a filing. The funding is earmarked specifically for the purchase of bitcoin, aligning with the company’s recent strategic shift to incorporate bitcoin into its balance sheet. The offering, priced at R7.06...
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Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says
The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Four of the five operators in our coverage reported record revenue and profits,” analysts Reginald Smith and Charles Pearce...
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ETF filings explode in 2025, heating hopes of an ‘altcoin summer’
This year has seen an uptick in the number of altcoin ETF applications, with at least 31 filed in the first half of 2025, Cointelegraph Research found....
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Is Your ETH At Risk? Unpicking The Panic Around Smart Wallet Delegation
Credit: Image generated with AI Assistance Ethereum’s recent network update added a mechanism that gives basic wallets some smart wallet capabilities. But the interwebs are in panic mode over claims that cyberthieves could use the feature to drain user funds. At the center of the storm is Ethereum Improvement...
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Crypto Con: Aussie Adviser Banned 10 Years Over $9.6 Million Scam
Australia’s financial watchdog has slapped a decade-long ban on a Sydney-based adviser after she sent client funds into a crypto operation flagged as risky. The Australian Securities and Investments Commission (ASIC) says Glenda Maree Rogan moved A$14.8 million ($9.6 million) into a platform already marked as unlicensed. Clients, family...
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Cardano founder Charles Hoskinson proposes converting $100M ADA to Bitcoin and stablecoins
Hoskinson’s proposal could enhance Cardano’s DeFi competitiveness, potentially increasing its market share and attracting more developers. The post Cardano founder Charles Hoskinson proposes converting $100M ADA to Bitcoin and stablecoins appeared first on Crypto Briefing....
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Shiba Inu (SHIB) Leads Whale Accumulation Wave Amidst Rising Geopolitical Tensions
Following Israel’s airstrikes on Iran, crypto markets have sharply declined. Amid the turbulence, Santiment data shows a spike in large wallet activity across altcoins like Shiba Inu, Compound, and UMA. Such movements could potentially indicate that whales may be repositioning as the broader market struggles to find stability. Whale...
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