Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to Google Finance data. Yunfeng Financial Group dropped more than 16% during the trading session, while Guotai Junan International Holdings slid 11% and
Shares of US crypto companies fell sharply on Friday amid a broader sell-off in risk assets, driven by disappointing economic data and renewed tariff threats. Shares of Coinbase (COIN), Riot Platforms (RIOT) and CleanSpark (CLSK) dropped between 7% and 16% in Friday trading. The declines mirrored broader market weakness, with the Dow Jones Industrial Average
August 1 marks the eighth anniversary of a key moment in Bitcoin’s (BTC) history — the initial activation of Segregated Witness (SegWit) in 2017, a key software upgrade that reshaped the network’s future and triggered a hard fork. The move, known as “Bitcoin Independence Day,” reduced miner influence over the protocol and led to the
USDT transfer volume has climbed to $52.9 billion on a 30-day moving average basis, marking a steady recovery in stablecoin velocity since the early 2022 market turbulence. According to Glassnode data, this gradual increase shows consistent growth in market activity and stablecoin adoption across multiple blockchain networks. The sustained volume growth comes as Tether issues
Top cryptocurrencies pushed deeper into the red after a days-long slump Friday, triggering over $900 million dollars in liquidations, as global unrest and a poor U.S. jobs report impacted markets before the weekend. Bitcoin, which nearly eclipsed $120,000 towards the beginning of the week, has fallen to $113,411 at writing, a drop of roughly 5.6%
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance. DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers According to a recent analysis from anonymous bitcoin ( BTC) researcher Sminston With, individuals who begin a dollar-cost averaging (DCA)
As traditional carbon markets collide with blockchain, DevvStream makes its first move, allocating treasury funds to Bitcoin and Solana. Meanwhile, the firm’s $300 million credit expansion could fuel a new era of tokenized environmental assets. Summary DevvStream allocates treasury funds to Bitcoin and Solana in a strategic crypto pivot. The firm views Bitcoin as a
Bitcoin briefly plunged to $113,547 on Thursday before recovering slightly, leaving traders reeling and liquidations piling up across the crypto market. Bitcoin tumbled 3.2% today to a daily low of $113,547, before bouncing back to $113,820 by afternoon trading. The drop dragged its market capitalization down to $2.26 trillion, while the leading crypto is now
Nasdaq-listed carbon management company DevvStream Corp. has officially launched its cryptocurrency strategy. The company announced on Friday that it had purchased $10 million worth of Bitcoin and Solana. DevvStream had previously issued $300 million worth of secured convertible notes to finance its crypto investments. Founded in 2021, DevvStream provides carbon credits to companies developing renewable
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Strategy aims to go even bigger, Metaplanet get more ambitious with Bitcoin buying plans, and Coinbase highlights shifting altcoin drivers amid an earnings miss. Strategy Double Up Strategy wants its Bitcoin treasury to be the largest corporate