Cumberland continues Ethereum buying spree with $31M withdrawal from Coinbase

Cumberland, the crypto trading arm of DRW Holdings, withdrew 14,800 Ethereum valued at approximately $31 million from Coinbase on Friday, doubling down on digital asset accumulation amid ongoing market volatility, according to... Read more »

Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows

When oil prices sneeze, risk assets catch pneumonia. Crypto is currently reaching for the tissues. Prediction market Polymarket now shows a record 73% probability that US oil prices will breach $90 per... Read more »

Trade war jitters drag crypto lower across the board

Crypto markets are bleeding red again, and this time the catalyst has nothing to do with blockchain. A widening gap between US trade rhetoric and actual Chinese purchasing behavior has rattled investors... Read more »

Korean stock market plunges 12% in historic one-day crash

South Korea’s KOSPI plunged 12% on Wednesday in its largest single-day drop on record, wiping out roughly $625 billion in market value as geopolitical tensions and margin calls triggered a broad market... Read more »

Bitcoin pushes above $73K as investors rotate back into crypto

Bitcoin surged more than 6% to $73,000 on Wednesday morning, reaching its highest level in over a month as renewed geopolitical tensions between the United States and Iran pushed investors toward digital... Read more »

Binance doubles down on APAC, plans 5 new licenses this year to expand global footprint

Binance is looking to deepen its presence in the Asia-Pacific region. SB Seker, the company’s regional head, told Nikkei Asia that they plan to obtain five additional licenses in Asia this year,... Read more »

Iran crypto outflows surge 700% after US-Israel strikes as capital flees offshore

Crypto analytics firm Elliptic detected a significant spike in digital asset withdrawals from Nobitex, Iran’s dominant crypto exchange serving more than 11 million users, in the immediate aftermath of initial US-Israel military... Read more »

Bitcoin tops $70K, XRP, Ether rise as traders shrug off Middle East tensions

Bitcoin rose 6% on Monday, surpassing the $70,000 level and leading a market-wide rally that pushed Ethereum, BNB, and XRP higher. Gains came despite intensifying tensions between the US and Iran. In... Read more »

Precious metals rebound to monthly highs as crypto and stocks stall

Precious metals rebound toward monthly highs as Bitcoin ranges near $65K and major indexes retreat. Gold climbed more than 1% on the day and nearly 8% since mid February, extending its recovery... Read more »

Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings

Jack Dorsey said Block will cut nearly half of its workforce, reducing headcount from more than 10,000 employees to just under 6,000, a move affecting over 4,000 workers. The announcement was shared... Read more »