BitRiver founder charged in Russia with $12.5 million fraud
Igor Runets has been transferred to a pretrial detention facility from house arrest as he faces accusations of failing to deliver on a contract. Source:CoinDesk
Crypto exchange Luno cuts 20% of staff amid automation push and retail trading slumps
The DCGowned company previously cut 35% of staff in January 2023 citing tough market conditions. Source:CoinDesk
Live updates: Bitcoin holds near $64,000 as Microsoft's AI payoff lifts stocks
S&P 500 futures gained 0.2% and Nasdaq 100 contracts rose 0.4% after the index had slipped into a correction, with Microsoft up 8% in premarket after its cloud…
Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the…
Bitcoin, ether whipsaw wipes out $286 million in leveraged bets
Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.…
Bitcoin analysts agree the Fed's hold was hawkish. They don't agree on what happens next.
Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six…
Ether, XRP flat as chip stocks steady on Samsung's 250-fold profit surge
Crypto's majors barely moved as Asia's semiconductor selloff eased. Most are still lower over the week, with HYPE down 8%. Source:CoinDesk
Bitcoin's quantum plan assumes some algorithms break. AI just weakened one in 60 hours
The HAWK system isn't deployed anywhere, and Bitcoin doesn't use it. But is sitting in the same quantum race that Bitcoin developers are scrambling to finish.…
Senators said to hatch idea to toughen Trump's concession on Clarity Act's crypto limits
Insiders say that the bipartisan Senate duo revamping the bill's Trumpapproved ethics section have come up with something they hope wins sufficient yes votes.…
Robinhood slides 4% despite earnings beat as crypto revenue cools
The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.…
As crypto perpetual futures boom, Ethereum’s role is shifting
Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer2 networks where trading is taking…
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates. Source:CoinDesk