Movement expands stablecoin payments push with access to US, Canada, EU rails
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
Crypto
Bitcoin Miner Hive Reports Revenue Surge as It Bets on Powering AI Boom
Hive mined nearly 2,900 Bitcoin last year and is now racing to build what it calls Canada’s largest private AI data center.
Will Strategy’s Peers Dump Bitcoin Now? Not so Fast, Analysts Say
Crypto analysts say investors should look closely at each company’s financial situation rather than expecting a cascade of incoming sales.
Bitcoin faces an ‘identity crisis’ and DeFi devs need to stop acting like tech bros
Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report
TD Securities says “perpetual futures” are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.
Here’s how one decentralized cloud provider says private citizens can make money from AI
Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% on AI costs.
Bitcoin Traders Flip Bearish as BTC Falls to Lowest Price in Months
Myriad predictors think it’s increasingly likely that Bitcoin’s next stop is $55,000 rather than $84,000 as BTC continues its slide.
Anthropic Expands Access to Claude Mythos After AI Giant Files for IPO
Just a day after the nearly $1 trillion AI giant revealed IPO plans, Anthropic is letting more firms access its powerful Claude Mythos model.
Zama accelerates compliance after court lifts $12.5M USDC freeze
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.
Gary Vaynerchuk says AI is creating the biggest opportunity ever for entrepreneurs
AI is reshaping business faster than most leaders realize, and Gary Vaynerchuk argues the biggest winners will be creative builders willing to adapt.
Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
Kaiko acquires Amberdata in blockchain data consolidation push
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.
Andrew Yang’s Noble Acquires Crypto-Fueled Helium Mobile Service
Crypto-powered cell service Helium Mobile has been acquired by Andrew Yang’s Noble, which will also utilize the underlying Helium network.
HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
How to better understand bitcoin’s perpetual identity crisis
Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency’s nature, which creates inconsistent market behavior.
How high can NEAR price go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
Franklin Templeton teams up with MoonPay to let big investors swap stablecoins for yields 24/7
The Wall Street giant is integrating its tech platform with MoonPay’s infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
Mt. Gox Moves $739M in Bitcoin as Repayment Deadline Looms
The defunct exchange still has about 35,000 BTC left to distribute, though the latest transfer does not show a sale.
Strategy’s bitcoin sale may mark start of ether outperformance, StanChart’s Kendrick says
ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank’s digital asset research head said.
CoinDesk 20 performance update: Stellar (XLM) falls 8.4%, leading index lower
Aave (AAVE), down 3.9% from Monday, was also an underperformer.
Movement pivots to stablecoin payments as the layer-2 boom loses momentum
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
EdgeX blames ‘external party’ for token crash as ZachXBT alleges insider manipulation
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
NEAR, Worldcoin Post Double-Digit Gains as Market Sees $714M in Liquidations
While Bitcoin dipped below $70,000 to trigger a massive liquidation cascade, select altcoins surged on individual ecosystem catalysts.
Live markets: bitcoin’s plunge continues, putting February $60,000 low back in play
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
Capital B seeks $122B funding mandate to buy more Bitcoin
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
Stellar CEO says Clarity Act would help, but tokenization isn’t dependent on it
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller
Benchmark’s Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.