Solana Plunges 14%, XRP, Dogecoin Down 8% as Crypto Market Sell-Off Worsens
Crypto majors slid as much as 14% in the past 24 hours as a Monday sell-off extended into Tuesday amid generally bearish sentiment and the lack of actionable catalysts that may help support the market. Solana’s SOL fell 14% — bringing 7-day losses to over 20% — while dogecoin...
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Crypto fear & greed index hits lowest level since September
The crypto fear and greed index has fallen to 25, the lowest level since September 2024, signaling extreme fear in the market as Bitcoin drops below $93,000. The Fear and Greed Index, provided by software development firm Alternative, measures market…...
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Riot Platforms CEO Reaffirms Plan To Boost Bitcoin Yield But ‘Not Looking Too Closely’ At Michael Saylor-Led Strategy’s Maneuvers
Jason Les, CEO of leading Bitcoin (CRYPTO: BTC) miner Riot Platforms Inc. (NASDAQ:RIOT), stated on Monday that the company was committed to boosting Bitcoin yield for its shareholders but denied exploring maneuvers like those of Strategy Inc. (NASDAQ:MSTR) as yet. What happened: During the firm’s fourth-quarter earnings call on...
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Strategy Inches Closer To 500,000 Bitcoin With Fresh 20,356 BTC Purchase
Strategy – the Bitcoin (BTC) treasury company formerly known as MicroStrategy – has scooped another 20,356 BTC in its latest cryptocurrency acquisition. The purchase has pushed the firm’s total holdings to 499,096 BTC. Strategy Continues To Stack Bitcoin In an X post today, Strategy co-founder and executive chairman Michael...
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OKX reaches $505M non-compliance settlement with DOJ after guilty plea
Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. The settlement follows an investigation by the U.S. Department of Justice, which…...
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FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years
The token associated with defunct crypto exchange FTX surged briefly Monday night after Sam Bankman-Fried, the founder and onetime CEO of the platform tweeted for the first time in two years. Bankman-Fried, who was convicted on seven different counts of fraud and conspiracy in November 2023, is serving out...
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SEC acknowledges filing for Grayscale’s spot Cardano ETF
NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange....
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Peter Schiff Questions Michael Saylor-Led Strategy’s Leverage Bitcoin Play Amid MSTR Decline: ‘Massive Dilution Has Destroyed Shareholder Value’
Influential economist and market commentator Peter Schiff criticized Strategy Inc.’s (NASDAQ:MSTR) debt-fueled Bitcoin (CRYPTO: BTC) purchases on Monday, pointing out the decline in the firm’s share price and the narrowing Net Asset Value premium. What Happened: Schiff stated on X that despite the company’s co-founder Michael Saylor talking about his leveraged...
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El Salvador resumes Bitcoin purchase after one-week pause, adding $661,000 in BTC
El Salvador’s renewed Bitcoin purchases highlight its commitment to crypto integration despite IMF agreements, impacting global crypto policy trends. The post El Salvador resumes Bitcoin purchase after one-week pause, adding $661,000 in BTC appeared first on Crypto Briefing....
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Pump.Fun’s Rumored AMM Pivot a ‘Strategic Miscalculation,’ Says Raydium
Solana’s dominant automated market maker (AMM) Raydium hit back Monday on rumors that major volume driver Pump.Fun was preparing to launch its own AMM. Abandoning Raydium whole hog would be a “strategic miscalculation” for the massively popular — and profitable — memecoin factory, core contributor InfraRAY said in a...
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