Crypto exchange Backpack reveals tokenomics plan to prevent ‘dumping on retail’
A quarter of the Backpack's utility token will be released to points holders and Mad Lad NFT investors during the token generation event.
Market analysis, price movements, and trading insights
A quarter of the Backpack's utility token will be released to points holders and Mad Lad NFT investors during the token generation event.
CoinShares noted that the market may have reached an ‘inflection point’ as outflows from Bitcoin investment products slowed.
"What we are experiencing is the weakest bitcoin bear case in its history," wrote Bernstein's Gautam Chhugani.
The research analysts pointed to tight liquidity and macro pressure as drivers of the decline, while noting that spot Bitcoin ETFs have seen relatively modest outflows.
Jump Trading is reportedly poised to gain a stake in the two largest prediction markets, Kalshi and Polymarket.
Tom Lee–backed BitMine added over 40,000 ETH during last week’s market sell-off, doubling down on its Ether treasury strategy despite multibillion-dollar unrealized losses.
Publicly traded Ethereum treasury firm BitMine Immersion Technology added to its ETH holdings last week, even as its paper losses grew.
Bitcoin saw the first brief period of positive Coinbase Premium since mid-January as BTC price action stabilized near $70,000.
South Korean regulators are investigating Bithumb after its accidental $43 billion Bitcoin handout to customers last week.
The analyst framed some bitcoin mining sites as infrastructure assets, lifting CIFR and WULF shares while MARA lags.
Tempo, incubated by Stripe and Paradigm, has become one of the best-funded new networks targeting stablecoin-based payments.
President Donald Trump did order a bitcoin reserve, but it doesn't yet exist, even as the CNBC host says the feds will start filling it when bitcoin hits $60,000.