Bitcoin Holds Near $76,000 Amid Nasdaq Correction

Bitcoin held near $76,000 as a Nasdaq correction and AI stock selloff triggered over $1 billion in leveraged crypto liquidations and a steep single-day market decline.

Breaking news:

Core Scientific to End Bitcoin Mining by Year-End for Colocation

Core Scientific plans to completely end its bitcoin mining operations by the end of the year to transition into an exclusive high-density colocation provider, focusing on artificial intelligence and high-performance computing partnerships.

Greece Passes 10% Crypto Capital Gains Tax Below Draft Level

Greece has passed legislation introducing a 10% capital gains tax on cryptocurrencies, set to take effect on January 1, 2027, featuring an annual exemption for net gains up to 500 euros.

American Bitcoin Reports $126M Profit on $197M Asset Growth

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.

Judge Permits Perpetual Stock Futures to Trade Despite CFTC Overreach Concerns

A federal judge denied an emergency request to halt stock perpetual futures from trading on exchanges like Coinbase and Kalshi, concluding that the CFTC likely overstepped its statutory authority by approving the products.

Web3 & Metaverse

SEC charges two firms over $130 million crypto fraud scheme

The SEC has charged BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd over a $130 million cryptocurrency investment scam that targeted tens of thousands of everyday investors using fraudulent federal paperwork.

CFTC Chief Claims Upcoming Crypto Rules Will Stop FTX-Like Failures

CFTC Chair Mike Selig claims that upcoming cryptocurrency regulations and federal registration tiers will protect digital asset spot markets and prevent a repeat of the FTX collapse.

Charles Schwab Reports Rising US Demand for Cryptocurrency Investments

A Charles Schwab survey reveals that U.S. investors intend to expand their cryptocurrency positions more than any other asset class, driven heavily by millennials and younger generations.

SEC Drafts Updated Regulations for Digital Asset Storage

The SEC has proposed updated regulations to modernize crypto custody for investment advisers and funds, permitting them to hold client digital assets under certain conditions while introducing a clear framework for the growing asset class.

SEC Drafts Updated Regulations for Digital Asset Storage

The SEC has proposed updated regulations to modernize crypto custody for investment advisers and funds, permitting them to hold client digital assets under certain conditions while introducing a clear framework for the growing asset class.

Nvidia and Nike Join 50 Firms Blocking OKX-ICE Token Offer

Bitcoin Magazine Nvidia, Nike Join 50 Companies Blocking OKX–ICE Stock Token Push Fifty companies, including Nvidia, Microsoft and JPMorgan, have blocked OKX and ICE from tokenizing their shares under the SEC’s new Innovation Exemption. This post Nvidia, Nike Join 50 Companies Blocking OKX–ICE Stock Token Push first appeared on Bitcoin Magazine and is written by…

Core Scientific to End Bitcoin Mining by Year-End for Colocation

Core Scientific plans to completely end its bitcoin mining operations by the end of the year to transition into an exclusive high-density colocation provider, focusing on artificial intelligence and high-performance computing partnerships.

Greece Passes 10% Crypto Capital Gains Tax Below Draft Level

Greece has passed legislation introducing a 10% capital gains tax on cryptocurrencies, set to take effect on January 1, 2027, featuring an annual exemption for net gains up to 500 euros.

American Bitcoin Reports $126M Profit on $197M Asset Growth

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.

Judge Permits Perpetual Stock Futures to Trade Despite CFTC Overreach Concerns

A federal judge denied an emergency request to halt stock perpetual futures from trading on exchanges like Coinbase and Kalshi, concluding that the CFTC likely overstepped its statutory authority by approving the products.

Huizenga Defeated in House Race Following $1M Crypto PAC Support

Rep. Bill Huizenga lost his reelection race to Democrat Sean McCann in Michigan's 4th Congressional District, despite receiving $1 million in backing from the cryptocurrency super PAC Fairshake.

Credit Mutuel Arkea Confirms Cyberattack With Losses Over $133M

French bank Credit Mutuel Arkea confirmed a sophisticated cyberattack allowed hackers to execute fraudulent transfers from its own account, though customer assets remained untouched and operations are returning to normal.

Bitcoin Holds Near $76,000 Amid Nasdaq Correction

Bitcoin held near $76,000 as a Nasdaq correction and AI stock selloff triggered over $1 billion in leveraged crypto liquidations and a steep single-day market decline.

Core Scientific to End Bitcoin Mining by Year-End for Colocation

Core Scientific plans to completely end its bitcoin mining operations by the end of the year to transition into an exclusive high-density colocation provider, focusing on artificial intelligence and high-performance computing partnerships.

Greece Passes 10% Crypto Capital Gains Tax Below Draft Level

Greece has passed legislation introducing a 10% capital gains tax on cryptocurrencies, set to take effect on January 1, 2027, featuring an annual exemption for net gains up to 500 euros.

American Bitcoin Reports $126M Profit on $197M Asset Growth

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.
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Market Analysis

Core Scientific to End Bitcoin Mining by Year-End for Colocation

Core Scientific plans to completely end its bitcoin mining operations by the end of the year to transition into an exclusive high-density colocation provider, focusing on artificial intelligence and high-performance computing partnerships.

American Bitcoin Reports $126M Profit on $197M Asset Growth

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.

American Bitcoin Reports $126M Profit on $197M Asset Growth

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.

Cryptocurrency News

Core Scientific to End Bitcoin Mining by Year-End for Colocation

Core Scientific plans to completely end its bitcoin mining operations by the end of the year to transition into an exclusive high-density colocation provider, focusing on artificial intelligence and high-performance computing partnerships.

Greece Passes 10% Crypto Capital Gains Tax Below Draft Level

Greece has passed legislation introducing a 10% capital gains tax on cryptocurrencies, set to take effect on January 1, 2027, featuring an annual exemption for net gains up to 500 euros.

Bitcoin Drops Amid New US-Iran Military Clashes

Bitcoin dropped over 2% to trade near $77,208 following renewed military clashes between the United States and Iran that pushed oil prices above $105 per barrel.

Kalshi Expands Crypto Derivatives With Bitcoin Margin Loans

Kalshi is expanding its crypto derivatives offerings by introducing bitcoin margin loans through a partnership with BitGo and a new distribution agreement with Webull to offer regulated perpetual futures.

JPMorgan Says Bitcoin May Beat Most Assets But Still Withholds Endorsement

JPMorgan Chase predicts Bitcoin could outperform most asset classes over the next decade, though the bank still withholds endorsement due to high volatility and unstable portfolio correlations.

Nakamoto CEO Says AI May Drive Future Bitcoin Adoption

Nakamoto Holdings CEO David Bailey stated that artificial intelligence could drive future Bitcoin adoption by eliminating user interface complexities like private keys and wallets for mainstream users and institutions.

Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb

Bitcoin's price dipped 2% to $84,357 as the 10-year U.S. Treasury yield surged past 5% for the first time since 2007, driven by strong flash PMI data and rising inflationary pressures.

Price Predictions

Latest News

Strategy Pauses Bitcoin Purchases for a Second Straight Week

Strategy has paused its bitcoin purchases for a second consecutive week, focusing instead on repurchasing its stock and expanding its digital credit securities repurchase program while holding over 845,000 bitcoins.

Executive Recruitment Firm Uses M&A to Convert Earnings to Bitcoin

Bitcoin Magazine How One Executive Recruitment Firm Is Using M&A to Turn Earnings Into Bitcoin XCE’s latest deal offers a case study in building the operating business and Bitcoin balance sheet side by side. This post How One Executive Recruitment Firm Is Using M&A to Turn Earnings Into Bitcoin first appeared on Bitcoin Magazine and…

Liquid Recovers 3,400 BTC Following Talks; White Hats Keep 598.5 BTC

A white-hat group returned 3,400 BTC to the Liquid Network following on-chain negotiations, retaining 598.5 BTC as an implied bounty fee after exploiting an Elements bug.
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Ethereum News

Bitcoin Holds Near $76,000 Amid Nasdaq Correction

Bitcoin held near $76,000 as a Nasdaq correction and AI stock selloff triggered over $1 billion in leveraged crypto liquidations and a steep single-day market decline.

Core Scientific to End Bitcoin Mining by Year-End for Colocation

Core Scientific plans to completely end its bitcoin mining operations by the end of the year to transition into an exclusive high-density colocation provider, focusing on artificial intelligence and high-performance computing partnerships.

Greece Passes 10% Crypto Capital Gains Tax Below Draft Level

Greece has passed legislation introducing a 10% capital gains tax on cryptocurrencies, set to take effect on January 1, 2027, featuring an annual exemption for net gains up to 500 euros.

American Bitcoin Reports $126M Profit on $197M Asset Growth

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.

Judge Permits Perpetual Stock Futures to Trade Despite CFTC Overreach Concerns

A federal judge denied an emergency request to halt stock perpetual futures from trading on exchanges like Coinbase and Kalshi, concluding that the CFTC likely overstepped its statutory authority by approving the products.