Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform.
Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin
The Ethereum treasury firm added 7,430 ETH over the past week, bringing its holdings to nearly 5% of the network’s circulating supply.
Nigerian president signs order on approach to crypto regulation, taxes
The West African country’s executive order established a virtual asset council and addressed the fragmentation of crypto regulation for oversight and enforcement.
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multi-billion-dollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers and cloud computing.
Bernstein raises Robinhood price target, cites tokenization and prediction markets
The brokerage’s blockchain strategy, including tokenized equities and its Arbitrum-based Robinhood Chain, could reduce its reliance on traditional crypto trading, analysts said.
IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.
Bitcoin price hits $65K wall as stocks battle ‘record’ institutional tech sell-off
Bitcoin faced troublesome resistance at $65,000 while traders still saw a potential BTC price breakout into a “bullish market structure.”
Peter Brandt predicts the exact day Bitcoin’s bear market will be over
Renowned trading analyst Peter Brandt says investing in Bitcoin today, will pay off much better in two to three years than buying AI stocks at current prices.
Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers
Hyperliquid plans to require developers to stake 500,000 HYPE, worth about $30.4 million, to deploy permissionless prediction markets under HIP-4.
Strategy raises $263.5M through MSTR sales, holds 843,775 Bitcoin
Strategy boosted its cash reserve to $3.225 billion after selling MSTR shares, while investors weighed the value of its STRC preferred stock.