Cryptocurrency News

Coinbase Head of Platform Rob Witoff says 95% to 100% of the exchange’s code is now written by or with artificial intelligence (AI), with agents doing the work of roughly 1,200 employees. The figure has more than doubled from 40% in February.   Pointing Toward a Scary but Imminent Reality Witoff detailed the shift in…Read More

Top traders on Hyperliquid are running some of the most aggressive bitcoin long positioning ever recorded by Glassnode, exceeding levels seen during the last run toward $83,000. A New Record Onchain analytics firm Glassnode revealed on Wednesday that leveraged traders on the decentralized exchange ( DEX) have built exposure that now exceeds anything the firm…Read More

Economist Peter Schiff admitted he regrets not buying bitcoin early but predicted the next wave of regret will belong to holders who fail to sell above $60,000. The warning landed as bitcoin reclaimed $65,000 earlier today. A Familiar Refrain The gold advocate and longtime bitcoin critic said recently that people’s regret (including his own) over…Read More

Payments processor Stripe and private equity firm Advent International have offered to buy Paypal for more than $53 billion, a 28% premium to Tuesday’s close. A deal would unite two of the most aggressive stablecoin players in fintech. A Massive Bid For the Payments Giant Reuters reported the exclusive earlier today, citing sources familiar with…Read More

Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant’s third round of revisions since its January debut filings. An Update With Major Implications The Wall Street bank updated its S-1 registration statements for the proposed…Read More

Bitcoin Magazine China’s Prosecutors Move to Treat Crypto Mixers as Evidence of Money Laundering China’s Supreme People’s Procuratorate published proposals that would make it easier to prosecute crypto-related money laundering, including treating the use of mixers and privacy coins as presumptive evidence of laundering intent. This post China’s Prosecutors Move to Treat Crypto Mixers as…Read More

Bitcoin Magazine The Bitcoin Softfork That Tried to Police “Junk Data” — And Why It’s Already Failing Bitcoin’s real power is that anyone willing to pay fees can write to the ledger. BIP-110’s backers want to change that for data-heavy transactions. The backlash reveals what’s truly at stake. This post The Bitcoin Softfork That Tried…Read More

Bitcoin Magazine CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia.  The deal marks the firm’s largest step from pure bitcoin…Read More

Bitcoin Magazine UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools The UK will introduce a “no gain, no loss” tax treatment for qualifying crypto lending and DeFi liquidity pool transactions from April 6, 2027, deferring Capital Gains Tax until users make an economic disposal of their cryptocurrency. This post…Read More

Bitcoin Magazine Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation Strengthens the Case for Rate Cuts Bitcoin price climbed above $64,000 after cooler-than-expected June inflation boosted expectations for Federal Reserve rate cuts, though sticky core inflation and rising oil prices continue to cloud the outlook. This post Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation…Read More