The Latest Breaking News from Crypto

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

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.

At over $126,000 per token, Bitcoin’s price reached a new record high on October 6, 2025. While the leading cryptocurrency has a fifteen-year history of price explosions and implosions, the recent price activity suggests that another implosion may not be on the horizon.

Bitcoin (CRYPTO: BTC) is hovering near $121,000, with its daily chart showing several warning signs historically associated with meaningful corrections.

Shiba Inu (CRYPTO: SHIB) is nearing a decisive breakout after nearly a year of consolidation, with technical indicators showing the meme token may outperform Dogecoin (CRYPTO: DOGE) as the next phase of the market cycle unfolds.

Citi’s head of enterprise digital assets, Artem Korenyuk, helps lead the bank’s approach to crypto, from stablecoin payments to tokenization.

Sharps Technology Inc. (NASDAQ:STSS) announced on Thursday a new strategic collaboration with Coinbase Global Inc. (NASDAQ:COIN) to expand its digital asset treasury strategy, focusing on Solana (CRYPTO: SOL/USD), marking a significant push into blockchain-based financial infrastructure.

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.

General Catalyst and Flourish Ventures led the round, with participation from Coinbase Ventures, Enlight Capital, and others.