Author: Kryptonews
Riot Platforms sold 1,818 Bitcoin in December for $161.6 million at an average net price of $88,870, as part of a strategy shift from Bitcoin mining to monetizing its power and data center infrastructure, including support for artificial intelligence workloads, the company said Tuesday.As of Dec. 31, the company held 18,005 Bitcoin (BTC), including 3,977 restricted BTC, down from 19,368 Bitcoin at the end of November, while producing 460 Bitcoin during the month.Restricted Bitcoin refers to BTC that the company owns but has pledged as collateral under its debt facilities and holds in a segregated custody account, according to its…
Key points:Bitcoin turned down from its overhead resistance but is expected to find support at the moving averages.Select major altcoins are facing selling near their overhead resistance levels, but the shallow pullback suggests the recovery may continue.Bitcoin (BTC) is under pressure as bears attempt to sustain the price below $91,500. BTC exchange-traded funds recorded outflows of $243.2 million on Tuesday after attracting $1.16 billion in inflows in the first two trading days of the new year, according to Farside Investors’ data. That shows caution at higher levels.However, a positive sign for BTC is that whales and sharks have accumulated 56,227…
Key takeawaysThe December 2025 Trust Wallet hack shows that vulnerabilities in crypto tools can affect crypto-friendly SMEs, even when attacks target individual users rather than businesses.Supply-chain risks, such as compromised browser extensions or stolen API keys, can bypass traditional security defenses and lead to rapid financial losses in a very short time.The incident also revealed how weak or unprepared verification processes can overwhelm compensation efforts, increasing operational strain and delaying legitimate reimbursements.Heavy reliance on hot wallets remains a significant risk factor for SMEs, as convenience often comes at the cost of greater exposure to malware, malicious updates and private-key theft.The…
To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The HeadlinesPAY TO PLAY. As The Art Newspaper points out, Dominican American artist Lucia Hierro’s ambitious recent commission, a 7.5-foot chair installation, illustrates a growing crisis in the US art world: artists are increasingly expected to raise the funds for institutional projects. Fabrication costs for her work far exceeded the commissioning museum’s budget, forcing her to secure funding through a fund for alumni of the Miami-based Fountainhead Arts’s residency program. But Fountainhead had only $125,000 available for its inaugural set of grants, not close to matching the need of 96 applicants who sought…
Stablecoin company Tether and video platform Rumble released a non-custodial crypto wallet on Wednesday, allowing users to tip Rumble content creators in digital currencies.The wallet will initially support Tether’s dollar-pegged stablecoin, USDt (USDT), Tether Gold (XAUt), a tokenized commodity product, and Bitcoin (BTC), according to an announcement from Rumble. MoonPay will provide fiat currency on- and off-ramps for Rumble Wallet users, enabling them to cash out crypto into local currencies. Tether and Rumble initially slated the wallet rollout for December, once code and user experience bugs were hammered out.Cointelegraph reached out to Rumble and Tether but had not received a response at…
The steep decline in altcoins over the past year may reflect a broader reassessment of which blockchain networks are likely to attract long-term capital, as institutional investors begin a gradual, multiyear entry into the market, analysts say.Excluding Bitcoin (BTC), 2025 turned out to be a bear market for the wider cryptocurrency market. Decentralized finance (DeFi) tokens fell 67% while cryptocurrencies associated with smart contract blockchains delivered a negative average return of 66%, according to blockchain data shared by Jamie Coutts, the chief crypto analyst at Real Vision.The past year’s poor performance was a “repricing” of the leading crypto projects as…
With technological advancements and the rapid growth of the cryptocurrency market, cloud mining has become the most convenient way to earn Bitcoin, Dogecoin, and other cryptocurrencies in 2026. Users no longer need to purchase expensive ASIC miners or bear high electricity costs. Instead, they can participate in mining and earn rewards simply by purchasing contracts online.At the same time, searches for keywords such as “Bitcoin cloud mining,” “Dogecoin cloud mining,” “renewable energy mining,” and “daily cryptocurrency earnings” have increased significantly, reflecting a strong demand for simpler, more efficient, and safer mining solutions.Among the emerging platforms, Hashbitcoin has established itself as…
The reiteration of the payment company‘s plans not to pursue a public offering followed a $500 million fundraise in November, leading to a $40 billion valuation for Ripple.Ripple Labs president Monica Long has ruled out an IPO for the company, saying it was in a “really healthy position” without going public.In a Tuesday interview with Bloomberg, Long addressed rumors that Ripple was planning to go public after the company reached a $40 billion valuation in November. The Ripple president said the company was focused on growth following the $500 million fundraise headed by Citadel Securities and Fortress Investment Group that…
Digital asset company CoinFlip has launched a new workplace benefit that allows employees to invest in cryptocurrencies directly through payroll deductions, offering a payroll-based investing mechanism to digital asset investing as interest in portfolio diversification continues to grow.The program enables employees to automatically purchase cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Solana (SOL) and select stablecoins, with minimum allocations starting at $25 per pay period.According to CoinFlip, the product is designed to appeal to workers who prefer a gradual, cost-averaging approach to crypto investing. The company cited research estimating that tens of millions of US adults already own digital assets,…
Bitcoin (BTC) fell 2.30% on Wednesday, hitting an intraday low near $91,550. BTC/USDT daily price chart. Source: TradingViewThe decline came despite bullish signals, including a whale-linked $280 million BTC accumulation move and MSCI’s decision to keep crypto treasury companies in its benchmark indexes. Source: XMSCI limits passive demand for Strategy’s sharesIn the Tuesday announcement, MSCI said it will no longer adjust index weightings to reflect newly issued shares. Source: MSCIPreviously, when companies like Strategy issued new equity to raise capital for Bitcoin purchases, passive funds tracking MSCI indexes were required to buy a portion of those shares, creating steady demand.…
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