Despite Bitcoin's nearly 25% drop over the past month, Coinbase CEO Brian Armstrong highlights growth in other crypto areas like stablecoins, derivatives, and prediction markets. He argues that Bitcoin's price no longer reflects the entire crypto industry's health, which now spans multiple financial sectors. Armstrong also links U.S. crypto policy to economic competition with China, warning that restrictive regulations could push innovation offshore. The industry's future, he suggests, depends on broader adoption of diverse crypto financial services beyond just Bitcoin's price movements.
SpaceX signed a $920 million monthly compute-leasing agreement with Google, granting access to about 110,000 Nvidia GPUs through mid-2029. This deal, revealed just days before SpaceX's IPO, includes an exit clause for Google if SpaceX fails to delive...
Russia's central bank will restrict retail investors to trading only Bitcoin, Ethereum, and USDT when new crypto regulations take effect next month. The bank cited high volatility and market risks as reasons for not expanding the list of approved cry...
Bitcoin briefly dropped below $60,000 following a strong US jobs report that led to a broad market selloff, including stocks, bonds, and cryptocurrencies. The report caused markets to price in higher interest rates for longer, pushing Treasury yields...
Strategy CEO Phong Le highlighted a shift in the US government's stance on Bitcoin, describing it as now supportive with crypto-friendly leaders in key agencies. The company, which holds significant Bitcoin assets, is confident enough to consider rai...
AVAX fell 14% in 24 hours despite increased whale activity, breaking key support at $8.05. Over 70% of traders hold short positions, signaling bearish sentiment and expectations of further decline. Total Open Interest has dropped, indicating reduced ...
