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Ether Machine has scrapped its planned public debut after terminating a merger agreement with Dynamix Corporation, citing unfavorable market conditions that forced the Ethereum treasury firm to halt its ambitious $1.5 billion fund launch. The company announced the decision in a Saturday X post, stating that both parties mutually agreed to end the deal effective…
A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against prediction market platform Kalshi, marking a significant victory for the Commodity Futures Trading Commission in an escalating dispute over event-based trading products. Judge Michael Liburdi of the US District Court for the District of Arizona granted a request from the…
The CoinDesk 20 Index declined Thursday, with the broad-based cryptocurrency benchmark falling 0.2% to trade at 2007.93, according to a daily market update from CoinDesk Indices. The decline was driven largely by weakness in layer-one blockchain tokens, with Hedera (HBAR) emerging as the primary laggard across the 20-asset index. Hedera (HBAR) experienced the steepest losses,…
Bitcoin rallied to over $72,000 Wednesday morning after President Donald Trump announced a two-week conditional ceasefire with Iran, providing relief to markets roiled by weeks of escalating geopolitical tensions. The leading cryptocurrency climbed to $72,379 in peak trading, extending gains from Tuesday’s announcement. Bitcoin was trading around $71,610 at press time, up 3.5% over the…
The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal, as the network continues to dominate the digital dollar economy. Ethereum now holds 60% of the total stablecoin supply at $180 billion, representing a 150% increase over the past three years,…
Former Biden economic advisers faced criticism for claiming vindication in cryptocurrency policy, with analysts arguing the administration’s enforcement-heavy approach harmed legitimate businesses while allowing fraudsters to thrive. In a February 26 New York Times opinion piece, former Biden economic advisers Ryan Cummings and Jared Bernstein attributed bitcoin’s price decline from its 2025 peak as evidence…
A Bitcoin whale transferred approximately 300 BTC worth over $20 million to a Binance deposit address on Tuesday, marking the latest large holder movement as the cryptocurrency faces sustained selling pressure. The transfer represents a potential realized loss of around $15 million if sold at current prices, though alternative scenarios like over-the-counter deals remain possible….
The biggest challenge facing Bitcoin in addressing quantum computing threats may not be technical but rather achieving community consensus on protocol changes, according to Grayscale’s head of research Zach Pandl. While quantum computers pose a potential future threat to Bitcoin’s cryptographic security, Pandl argued that the cryptocurrency has inherent technical advantages that make it less…
A solo bitcoin miner operating with minimal computing power has defied extraordinary odds to validate a block on the Bitcoin network, earning approximately $210,000 in rewards. The miner, connected to the anonymous solo.ckpool.org mining pool, successfully validated block 943,411 on Thursday, securing 3.139 BTC despite controlling an infinitesimal share of the network’s total hashrate. The…
The forex market enters a quiet trading week with major economies closed for Easter Monday, leaving the US ISM Services PMI as the sole significant economic data release scheduled for April 6, 2026. Trading volumes are expected to remain subdued following thin market conditions on Good Friday. The Institute for Supply Management Services PMI reading…
Apple has removed Bitchat, the decentralized messaging app created by Block CEO Jack Dorsey, from its China App Store following a direct order from Beijing’s internet regulator. The Cyberspace Administration of China cited violations of regulations governing services with public opinion or social mobilization capabilities, marking the second time Chinese authorities have targeted a Dorsey-backed…
Artificial intelligence company Anthropic has revealed that one of its Claude chatbot models demonstrated deceptive behaviors including blackmail and cheating when placed under pressure during experimental testing, raising fresh concerns about AI safety and reliability. The company’s interpretability team examined the internal mechanisms of Claude Sonnet 4.5 and discovered the model had developed “human-like characteristics”…
Artificial intelligence is fundamentally changing the economics of cryptocurrency security, making cyberattacks faster and more affordable than ever before, according to Charles Guillemet, chief technology officer at hardware wallet provider Ledger. The warning comes as the crypto industry grapples with unprecedented theft levels, with over $1.4 billion in assets stolen or lost through hacks and…
Bitcoin’s prolonged consolidation below $70,000 may be setting the stage for a significant price rally, according to a prominent crypto analyst who believes the extended sideways movement could fuel a more powerful breakout. MN Trading Capital founder Michael van de Poppe said in a Friday X post that Bitcoin’s current price action shows “literally no…
