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The Daily: Bitcoin slide renews four-year cycle fears, BitMine’s Tom Lee calls unrealized ETH losses ‘a feature, not a bug,’ and more

The Daily: Bitcoin slide renews four-year cycle fears, BitMine’s Tom Lee calls unrealized ETH losses ‘a feature, not a bug,’ and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Early Bitcoin Dev Calls on Adam Back to Resign After Epstein Files Revelations

Early Bitcoin Dev Calls on Adam Back to Resign After Epstein Files Revelations

Bitcoin developer Luke Dashjr urged Blockstream CEO Adam Back to step down following a new release of files related to Jeffrey Epstein.

Bessent grilled over Trump-linked World Liberty Financial, says Treasury doesn’t have the power to ‘bail out bitcoin’

Bessent grilled over Trump-linked World Liberty Financial, says Treasury doesn’t have the power to ‘bail out bitcoin’

Treasury Secretary Scott Bessent came under intense scrutiny from lawmakers during a contentious House hearing Wednesday.

US won't 'bail out' Bitcoin, says Treasury Secretary Bessent

US won't 'bail out' Bitcoin, says Treasury Secretary Bessent

The comments came during Bessent's Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman.

Price predictions 2/4: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR

Price predictions 2/4: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR

Bitcoin price fell to a 15-month low of $72,169, leading one analyst to say a revisit of BTC’s realized price near $56,000 may occur in a few months. Do charts hint at a rebound rally before the weeke...

Hyperliquid treasury seeks revenue boost using HYPE holdings as options collateral

Hyperliquid treasury seeks revenue boost using HYPE holdings as options collateral

The company will provide collateral for the writing and settling of HYPE options and then earn revenue on premiums and fees.

Can the Government 'Bail Out' Bitcoin? Congressman Prompts Bizarre Exchange With Treasury Secretary

Can the Government 'Bail Out' Bitcoin? Congressman Prompts Bizarre Exchange With Treasury Secretary

Treasury Secretary Scott Bessent got into a yelling match with another congressman over the Trump family’s crypto company, during testimony on Capitol Hill.

Wall Street giant CME Group is eyeing its own 'CME Coin,' CEO says

Wall Street giant CME Group is eyeing its own 'CME Coin,' CEO says

The initiative is part of CME's push into tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year.

Bitnomial launches first US-regulated Tezos futures, allowing retail exposure to XTZ

Bitnomial launches first US-regulated Tezos futures, allowing retail exposure to XTZ

The listing follows Bitnomial’s January launch of Aptos futures, as the exchange continues expanding US-regulated derivatives beyond Bitcoin and Ether.

Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000

Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000

Bitcoin Magazine Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000 Shares of Strategy ($MSTR) plunged again today as Bitcoin’s sell‑off deepened, reinforcing the tight cor...

Vitalik Buterin Moves $29 Million Worth of Ethereum—Here's Why

Vitalik Buterin Moves $29 Million Worth of Ethereum—Here's Why

Vitalik Buterin moves $29M in ETH to fund Ethereum Foundation as crypto markets tumble and he calls for major network changes.

Bhutan Continues Consistent BTC Selling as Bitcoin Price Tanks to $72,000

Bhutan Continues Consistent BTC Selling as Bitcoin Price Tanks to $72,000

Bitcoin Magazine Bhutan Continues Consistent BTC Selling as Bitcoin Price Tanks to $72,000 Bhutan has transferred $22.4 million worth of Bitcoin from its wallets over the past week, continuing a patt...