Author: btcadmin
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Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments
Shares of bitcoin (BTC) miner Core Scientific (CORZ) were down 15% in pre-market on Thursday after reports that Microsoft (MSFT) has pulled back from some agreements with soon to listed cloud computing firm CoreWeave. Last month, Core Scientific said it was planning a $1.2 billion data center expansion with CoreWeave. This week, CoreWeave filed for…
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CoinDesk 20 Performance Update: NEAR Gains 4.4% as Index Rises from Wednesday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2966.55, up 1.0% (+29.05) since 4 p.m. ET on Wednesday. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me…
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Sam Altman’s World Network Unveils New Chat Feature to Connect Real Humans
Sam Altman’s blockchain venture, World Network, is breaking into the messaging game with its newest feature: World Chat. STORY CONTINUES BELOW The new feature, a “mini app” accessible via the World App wallet, will offer special features to holders of World Network’s digital passport, which lets users scan their iris in exchange for an account…
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Crypto Asset Manager Bitwise Deploys on DeFi Platform With Maple Finance Partnership
Crypto asset manager and ETF provider Bitwise has made its first allocation into decentralized finance (DeFi) through a partnership with on-chain credit specialist Maple Finance, the companies said on Thursday. Bitwise’s allocation, the size of which was not disclosed, is leveraging a Maple bitcoin-backed lending product, and represents a significant milestone in the adoption of…
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Lombard Finance to Launch its Liquid-Staking Bitcoin Token LBTC on Sui
Lombard Finance’s liquid-staking bitcoin token, LBTC, will launch on the Sui blockchain on Thursday, marking its first expansion to a non-Ethereum Virtual Machine (EVM) compatible chain. The expansion extends LBTC beyond the blockchains it currently uses, which include Ethereum, Base, and BNB chains. The token is meant to install bitcoin as collateral on decentralized finance…
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Inside Solana’s Debate on a Major Reduction in SOL Inflation
Solana’s decision-makers are debating an economic overhaul that could boost SOL’s investment appeal, but critics warn it could knock out small-time validators who contribute to the network’s decentralization. Like so many real-world economic discussions, this one centers on inflation. Any economist can tell you that some is inevitable. For proof of stake blockchains like Solana,…
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ADA, SOL, XRP: Altcoins Under Consideration for U.S. Crypto Reserve Lag BTC in Retaking Sunday Highs
President Donald Trump is set to announce a significant shift in crypto policy, including plans for a crypto strategic reserve, at Friday’s White House crypto summit, U.S. Secretary of Commerce Howard Lutnick reportedly said. While bitcoin (BTC) is expected to receive special status, Lutnick mentioned that other coins will also be positively regarded. STORY CONTINUES…
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Brazilian Fintech Méliuz to Allocate 10% of Cash Reserves to Bitcoin
Brazilian fintech Méliuz has adopted a new treasury strategy to allocate a portion of its cash reserves into bitcoin (BTC) after it was approved by the firm’s board of directors. The company’s strategy allows up to 10% of its cash holdings to be invested in bitcoin, according to a securities filing on Thursday, as it…
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Strategy Has Taken 30% of the U.S. Convertible Debt Market in 2025
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), formerly MicroStrategy, is the largest issuer of U.S. convertible bonds in 2025, according to their recent post on X. Story continues Don’t miss another story.Subscribe to the Crypto Long & Short Newsletter today. See all newsletters Sign me up By signing…
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Crypto Daybook Americas: Bitcoin Traders on Edge Ahead of Trump’s Make or Break Crypto Summit
By Omkar Godbole (All times ET unless indicated otherwise) Both traditional and crypto markets have stabilized in the past 48 hours, but key volatility indices remain elevated, calling for caution for bulls who are expecting a steady move higher. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all…