Decrypt

Prominent publicly traded crypto treasury firms are underwater on their holdings as Bitcoin and Ethereum keep falling.

Michael Saylor called his firm a “digital fortress,” but leading Bitcoin treasury Strategy has taken some serious hits in recent months.

The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.

Top markets on Myriad this week include predictions on Bitcoin and Ethereum’s next respective stops, plus the outcome of Super Bowl LX.

Shares in publicly traded Ethereum treasury firm BitMine Immersion Technologies have fallen to a seven-month low as unrealized losses mount.

At a closed-door meeting in Princeton, leading researchers said agentic AI tools now handle up to 90% of their intellectual workload—forcing a reckoning over who, or what, drives scientific discovery.

Bitcoin has already tumbled far from its October high, but history suggests the rout could deepen before momentum shifts, according to Stifel.

Scott Bessent also appeared to empathize with the banking lobby’s concerns about the bill during Senate testimony on Thursday.

Publicly traded crypto exchange Gemini is exiting foreign markets and laying off around 25% of its staff to improve its path to profitability.

XRP crashes 15% as crypto markets plunge into “Extreme Fear” territory, wiping out over $1.4 billion in value for traders.

Police video shows Sheffield teens posing as delivery drivers to steal $4.3 million in crypto at knife point from a London flat owner.

Bitcoin has fallen more than 9% on the day, cratering to a price not seen since before President Trump’s 2024 election win.

Crypto developers are leaning into a hot new jobs sector: AI agents that employ humans for IRL tasks.

The lawmaker is formally seeking records on the UAE’s deal with WLFI amid conflict-of-interest and national security concerns.

Analysts see routine treasury management as Bhutan moves Bitcoin to a market maker while the crypto trades 44% below its all-time high.

UNICEF has pressed governments to criminalize AI-generated child sexual abuse material, warning deepfakes are exposing children to serious harm beyond existing laws.

The filing follows approval of Starlink’s Gen2 expansion and Elon Musk’s push to move AI infrastructure into orbit.

The latest decline reflects a broader unwind in leverage, with investors reassessing Bitcoin’s short-term role as an inflation hedge.

A selloff in professional-services stocks followed fresh concerns that AI agents could disrupt traditional software pricing.

Convicted child sex offender Jeffrey Epstein was involved in Tether co-founder Brock Pierce’s love life, among other things.

Claude AI developer Anthropic is using the Super Bowl to mock OpenAI’s planned shift toward ads in ChatGPT—in front of a global audience.

CME Group is looking at launching its own coin on a decentralized network, while moving crypto products to 24/7 trading as volumes jump 92%.

Ethereum crypto game Axie Infinity is introducing a new token that will be airdropped to stakers and those who play its upcoming land game.

Bitcoin developer Luke Dashjr urged Blockstream CEO Adam Back to step down following a new release of files related to Jeffrey Epstein.

Treasury Secretary Scott Bessent got into a yelling match with another congressman over the Trump family’s crypto company, during testimony on Capitol Hill.

Vitalik Buterin moves $29M in ETH to fund Ethereum Foundation as crypto markets tumble and he calls for major network changes.

Shares in publicly traded Bitcoin miners are tumbling as the top crypto asset extends its losses to nearly 20% on the week.

Publicly traded Swiss bank UBS is working on plans to offer digital assets trading and tokenized service offerings for users, its CEO said.

Hyperliquid is booming lately as it expands with precious metals futures and more, and now Ripple Prime is letting institutional investors tap into it.

Investor pushback on a $500 billion valuation has reportedly prompted Tether to rethink the size of its planned capital raise.