Cryptocurrency News

Strategy’s STRC preferred shares reached the $100 mark on Wednesday for the first time since May, marking a significant milestone for the bitcoin treasury company just days after it began paying daily dividends to shareholders. The stock touched $100 during Wednesday’s trading session, according to Google Finance data, continuing a recovery that has seen the…Read More

Bitcoin rebounded from an intraday low of $75,618 to surge past $81,000 for the first time since Oct. 29, climbing nearly 4% on the day to bring its market cap near $1.62 trillion. Volatile Surge Following Election Night Bitcoin experienced extreme volatility Wednesday, rebounding from a multi-week low to breach $81,000 for the first time…Read More

Coinbase says more than 99% of customer assets are held in offline cold storage following Binance’s $6.34 billion hack on Oct. 29, 2026. In a Nov. 4 disclosure, the publicly traded U.S. crypto exchange detailed its distributed signing keys, emergency shutdown controls, and withdrawal restrictions. While Coinbase says its systems were unaffected, its latest security…Read More

Bitcoin Magazine TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act ‘Impossible’ The Democratic sweep and Sherrod Brown’s return may kill the CLARITY Act for two years and may make any industry-backed version impossible as Democrats investigate Trump’s crypto ties, TD Cowen analysts write. This post TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act…Read More

French banking group Crédit Mutuel Arkéa confirmed a cyberattack involving fraudulent transactions via a Nov. 4, 2026 announcement, as blockchain investigator ZachXBT traced more than $133 million in suspected stolen funds through cryptocurrency platforms. Investigators believe the operation began with unauthorized traditional banking transfers before the proceeds entered stablecoin laundering networks. The institution says the…Read More

Bitcoin Magazine Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks  Riot has sold 20,264 bitcoin this year to fund AI data centers, leaving it with 2,418 BTC, while Hut 8 sold 3,102 to buy back $250 million of stock. This post Riot (RIOT) and Hut 8 (HUT)…Read More

Bitcoin Magazine Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M Circle cut about 5% of its workforce and booked a $9.1 million restructuring charge in a quarter where revenue rose 17% to $865 million. This post Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M first appeared on…Read More

Circle’s third-quarter revenue climbed 17% to $865 million, while net income rose 5% to $226 million. The USDC stablecoin issuer’s results were strengthened by a $182 million ARC token presale, which helped offset declining income from the reserves backing USDC. Circle Posts $226M Q3 Profit Circle’s newest blockchain token played an unusually large role in…Read More

Bitcoin Magazine Bitcoin Price Soars Above $79,000 After Democratic Sweep of Congress Bitcoin trades near $79,000 after a dip to $75,600 as Democrats sweep both chambers of Congress. This post Bitcoin Price Soars Above $79,000 After Democratic Sweep of Congress first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Bitcoin Magazine Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows Tether CEO Paolo Ardoino said in Lugano that the company holds about 150,000 bitcoin worth $11.5 billion. This post Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows first appeared on Bitcoin Magazine and is written…Read More