Bitcoin has spent five straight months trading below what it costs to produce, squeezing miners and forcing some to sell, JPMorgan said in a note. The bank pegs the cost to mine a bitcoin at about $78,000, well above the roughly $62,500 the asset fetches now. The burden is showing, and about 20% of miners […]
Bitcoin has traded below mining costs for five months, putting pressure on miners Read More »
XRP gave back more of last week’s rally on Wednesday after sellers pushed the token through $1.15 support, a level traders had seen since the last move above $1.20. The drop came on some of the heaviest volume of the session and followed another rejection below the descending trend line that has capped every recovery
Ripple-linked token falls 3% after losing $1.15 support Read More »
Sales of Tesla electric cars in Europe plunged last year after Elon Musk, the automaker’s chief executive, alienated many people with his political views and support for President Trump. But the company’s sales have been on the rise lately, and we’re trying to figure out why. I cover the auto industry for The New York
Have you bought a Tesla recently? We want to hear from you. Read More »
The sentencing of Alexander Mashinsky, the jailed former head of Celsius until its high-profile collapse, continues with a formal ban from any ability to seek business with the US Commodity Futures Trading Commission or the trade it oversees. The derivatives regulator did not impose new fines on Mashinsky, who previously pleaded guilty to charges that
Ex-Celsius CEO Mashinsky gets US CFTC ban in final decision with regulator Read More »
The crypto market fell a day after the Federal Reserve raised expectations that US interest rates are headed higher. Bitcoin BTC$62,720.76the largest cryptocurrency by market cap, changed hands near $63,900, down more than 1% over the past 24 hours. Other important tokens including XRP (XRP), ether (ETH), BNB coin GDP$576.01 and solana (SOL), had similar
Those standards, according to the proposed rule, “shall include reasonable procedures to: (1) verify the identity of any person seeking to open an account, to the extent reasonably and practicable; (2) maintain records of the information used to verify a person’s identity, including name, address, and other identifying information; and (3) determine whether the person
US agencies seek stablecoin customer ID rules similar to banks in new GENIUS Act rule Read More »
The upgrade marks a shift away from the protocol’s previous linear accrual model, where tokens were automatically released to the market regardless of demand, and which ended earlier this year, in January 2026. “Aster’s tokenomics upgrade triggers the platform’s own activity,” noted the protocol, highlighting that the new rewards are settled on-chain with “no discretionary
Blockchain infrastructure firm Alchemy said AI agents with its AgentCard now have access to the Visa (V) network with full identity and payment capabilities, enabling them to make online purchases on behalf of consumers. The integration enables AgentCard, a virtual ID and spending card for AI agents, to access Visa Intelligent Commerce to book a
Alchemy’s AI-powered AgentCard accesses the Visa payment network Read More »
Stratosphere, Pudgy Penguins and Streamex Host Founders Table VIP Dinner during ETHConf 2026 and NYC Tech Week
Ethereum Foundation (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role as head of the organization effective immediately, in a post shared on X on Thursday. Wang reached the decision after a recent sabbatical, which gave her time to reflect on her priorities and future plans. “I have come to
Foundation loses another key leader as Hsiao-Wei Wang steps down Read More »
