Category: crypto

NYDIG argues that Bitcoin should not be compared to high-growth software stocks, as it operates under a different economic model. Bitcoin does not generate revenue, profits, or cash flows like technology equities. Instead, it functions more like a scarce monetary asset. The analysis comes as Bitcoin trades around $67,400, showing neutral momentum.

Trading volume on Japanese crypto exchange bitFlyer increased over 200% in 24 hours due to volatility in energy and equity markets. The Nikkei 225 fell as oil prices surged, leading to a risk-off move in equities. Bitcoin trading dominated, with prices near $67,000. This surge reflects the growing connection between crypto markets and global events.

UK digital asset firm Stack BTC Plc raised £260,000 in funding with Nigel Farage acquiring a 6% stake. The funding was through the issuance of 5.2 million shares at 5p each on the Aquis Stock Exchange. The company plans to acquire UK businesses and build a corporate Bitcoin treasury. Farage supports digital assets.

Strategy revealed in a filing that it purchased 17,994 Bitcoins for $1.28 billion, adding to its balance sheet. The purchase was funded through $900 million in common stock sales and $377 million in preferred stock issuance. The company now holds a total of 738,731 BTC and plans to continue its long-term Bitcoin strategy.

Bitcoin price has dropped below $70,000 due to rising tensions around the Strait of Hormuz, causing oil prices to surge over 60% this year. This has added pressure on risk assets. Bitcoin remains up 7.8% for the week but has seen increased volatility, signaling a repositioning phase in the market.

A US federal court dismissed a lawsuit accusing Binance of terrorism financing due to lack of evidence linking the exchange to specific attacks. Plaintiffs failed to show Binance knowingly aided terrorist groups. Judge allowed 60 days to amend the complaint, potentially reopening the case with stronger allegations.

Circle Internet Group has used its USDC stablecoin and Circle Mint platform to settle $68 million in intercompany transfers across eight entities in under 30 minutes, replacing traditional bank wires that take one to three days. This highlights the potential of stablecoins for corporate treasury operations and streamlining accounting processes.

Flow Foundation and Dapper Labs have requested the Seoul Central District Court to suspend the termination of FLOW token trading on major South Korean exchanges, including Upbit, Bithumb, and Coinone. This comes after an exploit in December 2025 allowed an attacker to duplicate $3.9 million in tokens, leading to a temporary halt and emergency measures.…

XRP whales are accumulating tokens even as a significant portion of the supply remains at a loss. Around $50 billion worth of XRP is underwater, but whales are seen moving millions of tokens off exchanges, hinting at a shift towards long-term holding. Despite mixed signals, XRP remains at $1.35.

The US Treasury warns of increasing scams involving crypto ATMs, with reported losses of $246.7 million in 2024. Scammers pressure victims into sending funds quickly. The report also highlights potential channels for money laundering, such as mixers, DeFi platforms, and cross-chain tools, while suggesting emerging technologies like AI and blockchain analytics to strengthen compliance.