Crypto’s stress test hits balance sheets as Bitcoin, Ether collapse
Crypto’s downturn is rippling through treasuries, ETFs and mining infrastructure, exposing how digital asset volatility reshapes balance sheets and operations.
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Crypto’s downturn is rippling through treasuries, ETFs and mining infrastructure, exposing how digital asset volatility reshapes balance sheets and operations.
Proponents of AI agents say the new technology will simplify crypto trading and other financial activities for the average user.
The repurchase plan follows a volatile earnings week and signals confidence in the firm’s balance sheet.
The White House is betting that a new cash-pay platform—built around blockbuster GLP-1 drugs—can pressure Big Pharma and bypass the middlemen who keep U.S. prices high.
The South Korean exchange said an internal error during a promotional event led to brief price dislocations, stressing that no customer assets were lost.
Publicly traded Bitcoin miner Bitfarms is planning a move to the United States and a name change as it transitions from crypto to AI compute.
The MegaETH Foundation will use revenue earned from the protocol’s native stablecoin USDM to accumulate MEGA tokens.
Coinbase customers faced losses in fresh ways through the exchange’s crypto-backed lending product as Bitcoin and Ethereum tumbled this week.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin dipped toward $60,000 after liquidations across crypto derivatives markets reached $2.56 billion, the 10th-largest daily total on record.
Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce?
"401ks exist to help people save for a secure retirement, not gamble on speculative assets," said an industry observer.