$5B Vanishes as Memecoin Market Crashes to Year’s Lowest Level
The memecoin market cap crashed to $39.4 billion on Friday, its lowest point in 2025, after a brutal sell-off wiped out over $5 billion in value within a day.
Binance CEO: Bitcoin Slump Part of Broader Market Deleveraging
Binance Chief Executive Richard Teng stated on Friday that Bitcoin’s sharp drop over the past month is a result of investors deleveraging cryptocurrency holdings.
Bloodbath on Crypto Street: Bitcoin Rout Triggers Billion-Dollar Liquidation Cascade
The crypto market was drenched in red on Friday as a violent sell-off liquidated nearly $2 billion from over-leveraged traders.
Ark Invest Buys $42M Worth of Circle, Bullish, BitMine on Stock Declines
Cathie Wood’s Ark Invest purchased a total of $42.2 million in shares of Circle Internet Financial, Bullish, and BitMine Immersion Technologies on Wednesday, according to a trade filing.
BlackRock Moves Closer to Staked Ethereum ETF with Key Delaware Filing
BlackRock has taken a definitive step toward launching a staked Ethereum exchange-traded fund (ETF), registering the name “iShares Staked Ethereum Trust” in Delaware on Wednesday.
Kraken Files Confidentially for IPO
Kraken, the US-based cryptocurrency exchange, has taken a decisive step toward going public with a confidential IPO filing.
Malaysia Fights Back Against $1.1 Billion Crypto Mining Power Theft Epidemic
In response to a massive, multi-year wave of electricity theft, Malaysian authorities are cracking down on illegal cryptocurrency mining operations that have cost utility giant Tenaga Nasional Bhd over $1 billion.
