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Traders Are Crushed As Trump Social Media Post Triggers Massive $415 Million Crypto Pissaw

Crypto market traders were whipped on both sides on Monday afternoon with over $400 million in liquidations across long and short positions in the last 4 hours. Bitcoin rose from $67,500 to over $71,200 on Monday afternoon after US President Donald Trump posted on Truth Social that he had instructed the Pentagon to delay any […]

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BlackRock is betting billions that tokenized funds will do for Wall Street what the Internet did for email

BlackRock Chairman and CEO Larry Fink used his annual letter to shareholders to argue that digital assets and tokenization could help update the financial system, even as he warned that the US economic model is leaving too many people behind. In the letter, Fink said the current system has delivered most of its gains to

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Bitmine (BMNR) buys 65,341 ETH worth $138 million betting on ends of crypto decline

Bitmine Immersion Technologies (BMNR) said on Monday it bought 65,341 ether (ETH) last week, extending a recent surge in purchases as the firm continues to lean into the market downturn. The latest purchase, worth about $138 million at current ETH prices, lifted the firm’s total holdings over 4.66 million tokens, bringing 3.86% of ETH’s circulating

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Backpack Exchange launches BP token with 25% airdrop, no insider allocation

Backpack Exchange, a Solana-based cryptocurrency trading platform, launched its initial token, BP, on Monday, detailing a token generation event (TGE) that includes a mix of user distribution, lockups and a mechanism tied to company equity. At launch, 25% of the token’s total supply of 1 billion – roughly 250 million BP – will be distributed,

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H100 sees Europe’s largest bitcoin treasury with 3,500 BTC in proposed acquisitions

H100 Group (H100), a Stockholm-based listed bitcoin BTC$70,476.98 Treasury company focused on providing institutional exposure to bitcoin, said it signed a letter of intent to acquire Norwegian peers Moonshot AS and Never Say Die AS to increase its holdings of the largest cryptocurrency. If completed, the deal would roughly triple H100’s bitcoin holdings to around

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