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The Latest Breaking News on Crypto

Kalshi's $5 Billion Valuation Threatens DraftKings, ETF Traders Hedge Their Bets

Sports betting ETFs are experiencing a buildup in activity as DraftKings Inc (NASDAQ:DKNG) shares plummet, highlighting the way growing competition from prediction platforms is spilling over into ETF markets based on gaming and gambling.

Benzinga

Options Corner: Here's The Veiled Correlation That Could Blow Up RIOT Stock

While blockchain mining enterprise Riot Platforms Inc (NASDAQ:RIOT) has been one of the market's top performers, the good times never last indefinitely. Thanks in part to political pressure, RIOT stock fell sharply on Friday. Still, amid the noise, an undercurrent within the security's short interest has developed that just might…

Benzinga

Navigating the New Monetary Layer: A Practical Guide from Michael P. Di Fulvio and cccCloud LLC

With a long career in computing and early, hands-on involvement in the digital currency community started long ago, Michael founded cccCloud LLC to help people and owner-operated businesses approach Bitcoin adoption deliberately.

International Business Times

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Bitcoin Plummets To $118,000 As ETH, XRP, DOGE Take Heavy Losses On Trump Tariff Threat

Cryptocurrency markets are falling as president Trump signals a possible hike in U.S. tariffs on Chinese imports.

Benzinga

Ethereum Crashes To $4,100 As Senate Democrats Take Aim At DeFi

Ethereum (CRYPTO: ETH) is trading near $4,100 on Friday, after a sharp selloff that followed its rejection from $4,700 and renewed fears of U.S. regulatory pressure targeting decentralized finance.

Benzinga

Coinbase CEO Brian Armstrong Says US Won't Become 'Crypto Capital Of The World' If One Policy Proposal Passes

Coinbase (NASDAQ:COIN) CEO Brian Armstrong warned that a sweeping new proposal advanced by Senate Democrats is “a bad proposal” that would “set innovation back.”

Benzinga

What's Going On With Crypto? Ethereum, Bitcoin Face Downward Pressure

Over the past six hours, the broader crypto market has seen mild downward pressure with key assets such as Bitcoin and Ethereum slipping modestly.

International Business Times

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Rigetti Computing (RGTI) Stock Is Volatile Friday: What's Going On?

Shares of quantum computing firm Rigetti Computing Inc (NASDAQ:RGTI) are navigating a volatile session on Friday, amid broad market weakness. Here’s what investors need to know.

Benzinga

Goldman Sachs, Citi, Bank Of America To Walk Through The Door Opened By Trump-Backed GENIUS Act

A consortium of major banks including Goldman Sachs Group Inc. (NYSE:GS), Citigroup Inc. (NYSE:C), UBS Group AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Bank of America Corp. (NYSE:BAC) announced plans to explore blockchain-based assets pegged to G7 currencies, according to Reuters.

Benzinga

Zcash Just Did What XRP And ADA Couldn't — What's Behind The Brutal 223% Rally?

Zcash (CRYPTO: ZEC) is up 223% in October, rising from $74 to $240 after breaking a three-year downtrend and reigniting investor interest in its "encrypted Bitcoin" narrative.

Benzinga

Bitcoin, Ethereum, XRP, Trade Sideways As Dogecoin Gains On Friday

Bitcoin prices remain largely flat amid sell-off sentiment following last week's fresh all-time highs, keeping cryptocurrency markets subdued early Friday.

Benzinga

Telegram's Pavel Durov Once Lauded Bitcoin—So Why's He Warning Of A 'Dark Dystopian World' On His Birthday?

Telegram (CRYPTO: TON) founder Pavel Durov marked his 41st birthday with a somber message warning that governments are eroding online freedom through surveillance and censorship.

Benzinga

Jack Dorsey Wants A Tax Exemption On Everyday Bitcoin Transactions — Cynthia Lummis Points Toward A Bill She Introduced

Sen. Cynthia Lummis (R-Wyo.) backed Block Inc. (NYSE:XYZ) CEO Jack Dorsey’s call for tax relief on Bitcoin (CRYPTO: BTC) transactions on Thursday, citing a supportive legislation she introduced earlier.

Benzinga

Bitcoin, Ethereum, Dogecoin, XRP Fall Amid Government Shutdown Uncertainty: Analytics Firm Says BTC Needs To Hold This Level In Short Term

Leading cryptocurrencies fell alongside stocks on Thursday, as investors reduced their risk appetite amid the government shutdown.

Benzinga

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Benzinga

'Only Game In Town': Inside Tradr's Leveraged 2X ETFs On Okta, Lyft, Celsius, Cloudflare And More

Tradr ETFs expanded its single-stock leveraged ETF lineup with five funds on Wednesday. “All five of these funds are first to market,” said Matt Markiewicz, head of Product Capital Markets, as Tradr ETFs rolls out 2X single-stock ETFs, giving traders amplified exposure to popular growth names.

Benzinga

Bitcoin Holds $120,000 As XRP Stays Under $3, Ethereum, Dogecoin Dip

Cryptocurrency markets are slipping on Thursday as investors initiate selling to take profits.

Benzinga

Polymarket Founder's Redemption Arc: From Broke Dropout To Youngest Self-Made Billionaire

Prediction market Polymarket has taken the world by storm and is currently disrupting the sports betting sector. With a new investment from New York Stock Exchange parent Intercontinental Exchange Inc (NYSE:ICE), the company's founder has become the world’s youngest self-made billionaire.

Benzinga

If You Bought 1,000 DOGE A Year Ago, You'd Now Be Up Over 120%

The price of meme coin pioneer Dogecoin (CRYPTO: DOGE) continues its steady climb, posting 122.7% gains over the past year, driven by optimism around the newly launched DOJE ETF and increasing corporate treasury accumulation of the token.

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Benzinga

Forget Bitcoin & Ethereum — Citi's Stablecoin Bet Could Spark A $1.9 Trillion Boom By 2030

Citigroup Inc. (NYSE:C) has quietly joined Wall Street's stablecoin race, investing in U.K.-based BVNK as banks prepare for what could become a $1.9 trillion market for tokenized dollars.

Benzinga

Luxembourg Invests In Bitcoin, Allocates 1% Of Sovereign Wealth Fund Portfolio

Luxembourg's Ministry of Finance confirmed that its Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its portfolio to Bitcoin (CRYPTO: BTC), marking the nation's first official exposure to the asset class.

Benzinga

Bitcoin Minted 70,000 New Millionaires — Here's Where They're Investing Their Profits

The latest crypto rally has minted 70,000 new millionaires in the past year, according to CNBC Wealth Editor Robert Frank, who says the surge in Bitcoin and AI-driven tech is creating a "new class of wealth" unlike any previous financial cycle.

Benzinga

XRP, Solana Just Touched Their Last Support Before The Altcoin Abyss

XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) are sitting on their final technical supports, with traders warning that one decisive move lower could trigger a cascade of liquidations across the altcoin market.

Benzinga

Jefferies Exposed To $715 Million In Collapsing First Brands Debt, Analyst Warns Of Fallout

While tech stocks rocket to new highs and Bitcoin rallies, Jefferies Financial Group (NYSE:JEF) just disclosed a potential mess that should be sending up red flags across Wall Street.

The Texas Tribune

A North Texas community will vote to form a city in an effort to quiet down a crypto mine

Leaders of the effort say they moved to rural Hood County for its quiet country charm, which was shattered by what locals call “that roar” from the facility.

AAP

Winklevoss twins' crypto exchange launches in Australia

Crypto exchange Gemini says it views new regulations being developed by the federal government as a positive as it launches Australian services.

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