Strategy, BitMine Stock Prices Dive as Bitcoin and Ethereum Sink
Leading crypto treasury firms BitMine and Strategy both saw their stocks plunge nearly 10% amid broader market uncertainty, as a possible U.S. government shutdown looms.
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Leading crypto treasury firms BitMine and Strategy both saw their stocks plunge nearly 10% amid broader market uncertainty, as a possible U.S. government shutdown looms.
Bitcoin margin longs at Bitfinex exchange reached a two-year high prior to stocks and crypto selling off sharply. Should traders expect a rally or the correction to continue?
Circle’s rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.
Atkins had previously said the exemptions, which could target tokenized securities, DeFi, and other crypto sectors, would be out in January.
A potential listing would further legitimize digital asset custody as core market infrastructure rather than a niche service following BitGo's public launch.
The raise underscores venture investors’ selective return to infrastructure-heavy crypto bets as DePIN struggles to move beyond early token launches.
Crypto liquidations topped $1 billion as leveraged long positions were flushed during the slide and the market cap dropped below $3 trillion.
The Series B extension values the New York–based crypto infrastructure company at about $1.5 billion and includes backing from institutional investors.
With crypto prices and crypto-related stocks in the midst of a major selloff today, Securitize SPAC merger partner Cantor Equity Partners II is higher by 4.4% on the news.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
CFTC Chair Michael Selig and SEC Chair Paul Atkins held a joint agency event on Thursday to discuss harmonization on crypto regulation.
The CFTC is joining forces with the SEC on “Project Crypto”, an initiative aimed at modernizing cryptocurrency regulation.