ETH price drop to $3K sets stage for $7B short squeeze if crypto market recov…

In recent developments, eTH’s flash crash to $3,050 cleared out $1.3 billion in leveraged long positions, creating a market imbalance with $7 billion in short liquidity. Will a short squeeze…

Gemini Targets Prediction Markets in Bid to Expand Revenue Streams

In recent developments, crypto exchange Gemini is set to enter the growing prediction markets sector, positioning itself against various financial and crypto firms, including a new venture backed by the…

CMT Digital secures $136M to back next wave of blockchain startups

In recent developments, the Chicago-based crypto venture company has already invested part of its new $136 million fund in stablecoin startups, as blockchain VC activity slows in 2025. Looking closer,…

Circle changes policy, allows users to buy certain weapons with USDC

In recent developments, the company updated its terms to prohibit the purchase or sale of weapons “in contravention of applicable laws,” suggesting that legally permissible transactions were possible. Looking closer,…

Balancer releases preliminary post-mortem report after $116M hack

In recent developments, the hack was one of the “most sophisticated” attacks so far in 2025, according to Deddy Lavid, CEO of blockchain security company Cyvers. Looking closer, market participants…

Is the AI Boom Running on Hot Air? Markets Say Maybe

In recent developments, global markets are wobbling as Wall Street wakes up to the idea that the artificial intelligence boom might be less about genius and more about déjà vu…

Brevan Howard, Galaxy, Weiss back Canaan’s $72M Bitcoin mining raise

In recent developments, the mining hardware maker said it’s refocusing on its core business of ASIC chip design and high-performance computing equipment as it scales production in the United States.…

Bitcoin supply held at loss rises to 2024 level: Can BTC recover before 2025 …

In recent developments, with a third of Bitcoin held at a loss, onchain data suggested that the market may be nearing a critical reset phase. Will BTC end the year…

Mastercard to Leverage Ripple’s RLUSD for Next-Gen Fiat Payment Settlement

In recent developments, ripple is partnering with Mastercard, Webbank, and Gemini to test stablecoin settlement using its U.S. dollar–backed RLUSD on the XRP Ledger, marking a step toward merging blockchain…

Self-custody meets KYC: Tangem launches Visa payments with Paera

In recent developments, tangem Pay enables users to spend Circle’s USDC stablecoin worldwide through a virtual Visa card that connects directly to Tangem’s self-custodial hardware wallet. Looking closer, market participants…