Cryptocurrency News

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines…Read More

Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on the network. A 75,000 ETH Buy in an Eight-Hour Window Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123…Read More

Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving the…Read More

$61 an hour by 2034 is where union housekeeper pay is headed under a strike-averting deal that lifts wages 50% over eight years, putting full-time earnings at $100,000 to $110,000 by 2032. In a market where Manhattan rooms already average between $500 and $600 a night, rates are expected to climb another 50% to 60%…Read More

Masspay has expanded its integration with Circle’s Managed Payments service to allow businesses to facilitate stablecoin payouts and treasury operations without the complexity of direct digital asset management. Abstracting Blockchain Complexity Global payouts platform Masspay has expanded its integration with Circle Payments Network’s Managed Payments service, enabling businesses to fund and make payments using stablecoins…Read More

Bitcoin Magazine Traditional Finance is Rushing Into Crypto as Institutions Buy Bitcoin’s Dip: Axios TradFi institutions are shedding their skepticism toward crypto, and the shift is accelerating in 2026. This post Traditional Finance is Rushing Into Crypto as Institutions Buy Bitcoin’s Dip: Axios first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Bitcoin Magazine New Documentary ‘Bitcoin Season’ Charts Bitcoin’s Push Into the NBA A new upcoming documentary, Bitcoin Season, explores how Bitcoin is gaining traction in professional basketball. This post New Documentary ‘Bitcoin Season’ Charts Bitcoin’s Push Into the NBA first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Bitcoin Magazine Dan Loeb Reveals DOJ Threat to Trump Over Ross Ulbricht Commutation in Final Hours of First Term Hedge fund manager Dan Loeb disclosed that the DOJ warned President Trump it would “go after” him if he commuted Ross Ulbricht’s sentence on the last day of his first term, delaying the Silk Road founder’s…Read More

Bitcoin Magazine Crypto Industry Heavyweights Urge Senate to Pass Clarity Act With Developer Protections Intact More than 60 leading crypto executives urged Senate leaders to pass the Digital Asset Market Clarity Act with its blockchain developer protections intact. This post Crypto Industry Heavyweights Urge Senate to Pass Clarity Act With Developer Protections Intact first appeared…Read More

Bitcoin Magazine Five Years On, El Salvador Is Still Buying Bitcoin Five years ago yesterday, El Salvador’s Congress voted 62-to-22 to pass the world’s first Bitcoin Law, making the small Central American nation the first country on earth to grant bitcoin legal tender status.  The date was June 8, 2021. Half a decade later, the…Read More