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CleanSpark Sells February BTC, Raises $36.6M

US Bitcoin miner CleanSpark last month sold 553 Bitcoin (BTC) from its February production for about $36.6 million, while producing 568 BTC during the month, according to the company’s latest operational update. The company ended February with 13,363 BTC in its treasury and continued expanding its infrastructure by completing the closing on a second Texas

Eric Trump Amplifies Anti-Bank Rhetoric in Stablecoin Dispute

The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.” Eric Trump, son of US President Donald Trump and one of the co-founders of the family-backed crypto business World Liberty Financial, has jumped on the anti-bank messaging that many in the industry

Weekly Bitcoin DCA Outperforms Across Market Cycles

Smart investors adjust their strategy during bear markets and 50% drawdowns like the one seen in Bitcoin (BTC) over the last five months. The strategy, known as dollar-cost averaging (DCA), involves investing the same amount at regular intervals regardless of market conditions.  Historical market cycle data and forward-looking BTC price simulations provide a clearer view

Ether Hits $2.2K as Traders Eye Key Support Levels

Market analysts said Ether’s (ETH) uptrend was confirmed after the latest 25% recovery to $2,200 from its multi-year lows below $1,800. Key takeaways: Ether rose to $2,200 on Wednesday, as onchain data shows signs of returning demand. ETH price support around $2,100 remains key for the bulls to hold. Ether sellers are “losing control” Ether’s

Study: 38% of Altcoins Trading Near All-Time Lows

An estimated 38% of altcoins are now hovering near all-time lows, which is worse than the post-FTX market crash, according to CryptoQuant analyst Darkfost. The current market is “unfavorable” for risk-on assets, and the crypto market is the first to absorb this risk-off posturing, he said, adding: “For comparison, this metric reached 35% in April

Core Scientific Secures $500M Morgan Stanley Line, Expandable to $1B

Bitcoin mining and data center company Core Scientific has closed a $500 million loan facility with Morgan Stanley, with the option to expand the financing to as much as $1 billion. According to a company announcement on Thursday, the financing may be used for general corporate purposes tied to building and expanding data center assets

SoFi Partners with BitGo to Launch Bank-Issued SoFiUSD

SoFi Technologies has selected digital asset custodian BitGo to support the rollout of its bank-issued stablecoin, the latest sign of growing momentum around federally regulated stablecoins for payments and settlements. Under the partnership, BitGo will provide stablecoin infrastructure services for SoFiUSD, a US dollar-pegged token issued by SoFi Bank, a nationally chartered and insured depository

CEO’s Son Arrested Over Alleged $46M U.S. Marshals Crypto Theft

The US Federal Bureau of Investigation (FBI) announced that it had made an arrest related to the theft of more than $46 million in cryptocurrency from the US Marshals Service. In a Thursday X post, FBI Director Kash Patel said that the bureau had arrested John Daghita, the son of Command Services & Support (CMDSS)

SEC Submits Crypto Securities Interpretation to White House

The Securities and Exchange Commission has proposed an interpretive framework for applying federal securities laws to digital assets that would carry more weight than staff-level guidance. The US Securities and Exchange Commission (SEC) submitted a regulatory proposal to the White House that could change how the government enforces federal securities laws on cryptocurrencies. In a

Cardano ADA Accepted at 137 Swiss Spar Stores

Supermarket chain Spar now accepts ADA payments at 137 stores in Switzerland as crypto payment options expand in the country. Switzerland’s push to position itself as a crypto-friendly hub is expanding into retail payments, with Cardano’s ADA token now usable at Spar stores across the country. Cardano (ADA) users can start paying for their groceries
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