Business – Page 96

Russia’s cryptomining pioneer Igor Runets placed under house arrest on tax charges

Igor Runets, who founded Russia’s largest crypto mining company BitRiver, is under house arrest on tax evasion charges, Bloomberg reported Monday. Runets was detained on Friday and faces three charges of allegedly hiding assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it is carried out […]

Russia’s cryptomining pioneer Igor Runets placed under house arrest on tax charges Read More »

Cboe’s latest move could make trading as simple as a “yes or no,” competing prediction markets

Business / Leave a Comment

Cboe Global Markets confirmed it is developing a new option-based product offering all-or-nothing payouts, a structure that could put the exchange in direct competition with prediction markets such as Polymarket, Kalshi, Robinhood and Coinbase. Cboe, the primary venue for options trading and famous for creating the Cboe Volatility Index (VIX), is in early talks with

Cboe’s latest move could make trading as simple as a “yes or no,” competing prediction markets Read More »

GameStop’s ( GME ) Ryan Cohen is moving on to other acquisition targets

Business / Leave a Comment

GameStop ( GME ) is planning a high-stakes acquisition that could involve swapping out its bitcoin BTC$78,503.27 holding for a bold effort in the consumer sector. In an interview with CNBC last week, CEO Ryan Cohen said the company plans to acquire a publicly traded consumer company that is “very, very, very large” — one

GameStop’s ( GME ) Ryan Cohen is moving on to other acquisition targets Read More »

Opera shares jump 17% after announcing expanded support for Tether tokens

Business / Leave a Comment

Shares of browser maker Opera rose more than 17% after the opening bell after the company announced it is expanding support for Tether’s USDT stablecoin and tether gold (XAUT0) in its self-custodial crypto wallet MiniPay. The move provides broader access to dollar-backed and gold-backed cryptocurrencies for millions of users in emerging markets. Shares of Opera

Opera shares jump 17% after announcing expanded support for Tether tokens Read More »

Bitcoin has a line in the sand that has saved every bull market since 2015

Business / Leave a Comment

Bitcoins BTC$78,514.36 An 11% drop last week may be the least of investors’ worries. That’s a price of around $58,000, another 25% below current levels, they should be aware. While the major cryptocurrency’s recent crash, biggest weekly drop since March 2025 and inability to attract buyers has many holders worried about another so-called crypto winter,

Bitcoin has a line in the sand that has saved every bull market since 2015 Read More »

BTC returns to $79,000 but HOOD, COIN, MSTR remain significantly lower

Business / Leave a Comment

Trading just below $79,000 in midday US trading on Monday, bitcoin BTC$78,805.27 has rebounded from its worst weekend level below $75,000. At $78,700, BTC is up 2% over the past 24 hours and up 7% from the weekend’s weakest price, but still up more than 10% on a week-over-week basis. Ether ETH$2,370.79 is also up

BTC returns to $79,000 but HOOD, COIN, MSTR remain significantly lower Read More »

Bed Bath & Beyond (BBBY) jumps 7% on deal to tokenize real estate with Tokens.com buy

Business / Leave a Comment

Bed Bath & Beyond ( BBBY ) shares rose 7% on Monday after the relaunched retailer announced its intention to acquire Tokens.com and launch a platform focused on asset tokenization, starting with real estate. The plan is to build a platform where people can leverage the value of their homes or other assets, turning equity

Bed Bath & Beyond (BBBY) jumps 7% on deal to tokenize real estate with Tokens.com buy Read More »

BitMine (BMNR) added nearly $100 million in ETH amid market plunge

Business / Leave a Comment

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its weekly ether ETH$2,365.50 buying streak, even as a sharp crypto selloff compounded its unrealized losses and sent the stock to new 7-month lows. The firm said in a Monday update that it bought 41,788 ETH last week, its biggest weekly token haul so far

BitMine (BMNR) added nearly $100 million in ETH amid market plunge Read More »

Earnings Season Gathers Steam, US Jobs: Crypto Week Ahead

Business / Leave a Comment

Earnings season for crypto companies ramps up with reports from Strategy (MSTR), which holds the largest number of bitcoins BTC$78,535.24 among listed companies and Galaxy Digital (GLXY), an investor in digital assets and infrastructure. Bullish (BLSH), which owns Bullish Exchange and CoinDesk, is also set to release numbers. While interest rate decisions are due in

Earnings Season Gathers Steam, US Jobs: Crypto Week Ahead Read More »

HIP-4 proposal will add performance-based trading to the platform

Business / Leave a Comment

Hyperliquid’s token, HYPE, rose 10% over the past 24 hours after the decentralized exchange detailed HIP-4, a proposal to bring “outcome” trading to its platform. The new contract type will support prediction markets and option-style derivatives, both long-requested features, according to the team. “There has been extensive user demand in both of these areas, and

HIP-4 proposal will add performance-based trading to the platform Read More »