Crypto markets are in retreat during U.S. morning hours on Thursday, rapidly reversing yesterday’s strong gains. Just under $67,000, bitcoin $BTC$68,056.93 has pulled back more than 4% after touching $70,000 late on Wednesday. Ether (ETH) and solana (SOL) are showing similar declines. The selloff comes alongside a 2% decline in the Nasdaq following Nvidia’s (NVDA)
Circle’s freshly filed S-1 registration statement has pulled back the curtain on the economics of the world’s second-largest stablecoin — and the numbers tell a striking story. In Q1 2025 alone, Circle paid $461 million in distribution costs, with the lion’s share going to Coinbase, its primary distribution partner. — The filing makes clear that
Decibel, a perpetuals exchange developed by Aptos Labs, launched today on the Aptos mainnet, bringing fully on-chain derivatives trading to the blockchain network. The platform executes all trading operations directly on-chain, including order matching, settlement, and risk management. During its public testing period, Decibel attracted more than 700,000 unique accounts and processed over one million
Citi is preparing to roll out infrastructure aimed at integrating Bitcoin into traditional finance, according to Nisha Surendran, who leads the bank’s digital asset custody development. Speaking at Strategy World, an event hosted this week by Bitcoin treasury firm Strategy, Surendran said the initiative is part of Citi’s effort to “make Bitcoin bankable” through custody,
Patrick Collison and John Collison, founders of the payments company Stripe, stated on social network X that blockchain networks will need to handle up to 1 billion transactions per second (TPS) to meet future demand from AI agents. Otherwise, current infrastructure will fail to keep up with the surge in automated online transactions. The Collison
Cryptocurrency investors accused quantitative trading firm Jane Street of pressuring Bitcoin’s price with a daily, programmatic selloff at the US market open, but market analysts and data suggest the pattern is not consistent, and no single firm can force Bitcoin into a prolonged bear market. The claims surged online a day after Terraform Labs’ court-appointed
Bitcoin climbed back into its prior range, while the liquidation heatmap showed heavier liquidity bands waiting overhead. At the same time, the weekly chart put focus on the 200 week EMA, where the next close could shape the next move. Bitcoin Reclaims Range as Liquidity Bands Stack Overhead Bitcoin traded back near $68,320 on the