Crypto News

Block's Cash App, led by Jack Dorsey, has announced the integration of Bitcoin Lightning Network payments and stablecoin functionality, marking a significant expansion of cryptocurrency capabilities for one of America's most popular payment platforms. This move brings fast, low-cost Bitcoin transactions and stable digital currency options to Cash App's massive user base, potentially accelerating mainstream cryptocurrency adoption.

The long-awaited XRP exchange-traded fund has officially launched, attracting robust trading volume that signals substantial investor interest. However, despite the strong debut activity, XRP prices have remained largely stagnant, creating a puzzling disconnect that highlights the complex and evolving dynamics of cryptocurrency markets.

Upexi, a Solana-focused treasury firm, has authorized a $50 million stock buyback program, becoming the latest digital asset technology (DAT) company to deploy share repurchases as a defensive strategy amid declining stock prices and weakening investor appetite. This move reflects a broader trend among cryptocurrency-related public companies seeking to support valuations during challenging market conditions.

Grayscale Investments, one of the world's largest digital asset management firms, is pursuing a listing on the New York Stock Exchange, marking the latest sign of accelerating momentum for cryptocurrency-related initial public offerings under the Trump administration. This development signals growing confidence in the regulatory environment for digital assets and could open new pathways for mainstream investors to access cryptocurrency markets.

Threshold Network has announced a major upgrade to its cross-chain bridge infrastructure, designed to facilitate the flow of up to $500 billion in institutional Bitcoin into decentralized finance (DeFi) ecosystems. This significant development aims to enhance liquidity and accessibility in DeFi markets while providing institutional investors with secure pathways to participate in decentralized financial services.

The cryptocurrency exchange-traded fund (ETF) market experienced significant divergence this week, with Bitcoin and Ether products recording substantial outflows totaling $462 million, while Solana ETFs continued their positive momentum with $18 million in fresh inflows. This stark contrast highlights shifting investor sentiment across different cryptocurrency assets.

In a groundbreaking move for European central banking, the Czech National Bank (CNB) has announced the purchase of $1 million worth of Bitcoin, marking a significant shift in how traditional financial institutions view cryptocurrency. The portfolio also includes U.S. dollar-based stablecoins and tokenized deposits as part of the bank's strategy to gain practical experience with digital asset markets.

The cryptocurrency market has experienced a violent shakeout over the past 24 hours, with approximately $750 million in liquidations occurring as Bitcoin retreated below the psychologically significant $100,000 level. The massive liquidation event has shifted market sentiment, with short positions now slightly outnumbering longs at 51.31% to 48.69%.

Bitcoin's long-term holders have unleashed a significant wave of selling pressure on the market, offloading approximately 815,000 BTC over the past 30 days, according to recent data from CryptoQuant. This marks the highest level of selling activity from this cohort since January 2024, raising concerns among market analysts as demand shows signs of weakening.

Marathon Digital Holdings CEO Fred Thiel has issued a stark warning about the evolving challenges facing Bitcoin mining operations, revealing that rising energy costs are compressing profit margins and forcing miners to explore AI infrastructure hosting as an alternative revenue stream. The shift comes as intensifying competition from artificial intelligence companies for power resources creates additional pressure, particularly devastating smaller mining operations.