Author: Kryptonews

Shares in crypto mining companies IREN and CleanSpark sank on Thursday as their earnings came in below Wall Street expectations and Bitcoin’s slide saw traders turn risk-off.Bitcoin (BTC) has fallen 12% over the past 24 hours to briefly touch a low of $60,000 early on Friday. Meanwhile, the crypto market capitalization fell by almost 9%, according to CoinMarketCap.CleanSpark (CLSK) led the decline, closing trading on Thursday down 19.13% and falling another 8.6% after-hours to $7.55 after its results for the quarter ended Dec. 31 came in below analyst predictions. CleanSpark’s stock price fell 19.13% over the trading day on Thursday.…

Kalshi says it’s expanding its surveillance on its prediction markets platform through an independent advisory committee and partnerships to detect insider trading and market manipulation, just days ahead of the Super Bowl.Kalshi said on Thursday that the committee would give a quarterly rundown to the company’s outside counsel and publish statistics on investigations into suspicious activity on the platform. It is also teaming up with crypto trading surveillance platform Solidus Labs and Daniel Taylor, director of the Wharton Forensic Analytics Lab, “to detect, investigate, and address market abuse.”The move comes three days before Super Bowl 60, one of the biggest sporting…

Everclear, a decentralized cross-chain clearing protocol that resolves liquidity fragmentation among different blockchains, today announced a strategic partnership with Solana, the second-largest blockchain by TVL, according to DeFillama. This collaboration enabled the integration of Everclear’s cross-chain settlement infrastructure with Solana’s blockchain ecosystem to help streamline asset migration on Solana across multiple chains. Solana is a high-speed single-layer blockchain that powers internet capital markets, payments, and DeFi applications, enabling fast, secure, and affordable transactions. Solana x Everclear going strong ⚡️Hexens recently completed a security review of Everclear’s @Solana smart contracts.Asset-to-asset settlement is live, allowing direct crosschain asset flows, for example, USDC…

Billionaire Jeff Bezos’s Washington Post laid off some thirty percent of its employees on Wednesday, according to sources quoted in the New York Times, slashing the paper’s sports, local news, and international coverage. More than 300 of the approximately 800 journalists in the newsroom were reportedly let go. Among the casualties was Pulitzer Prize for Criticism honoree Sebastian Smee, who was on staff since 2018. “I had eight wonderful years at the Post, which paid for me to travel to great museums around the country and even internationally, so I’ll always be grateful,” said Smee in a message to ARTnews.…

Crypto market sentiment has slumped to its lowest level in over three and a half years amid Bitcoin falling by double-digit percentage points to a low of around $60,000.The Crypto Fear & Greed Index fell to a score of 9 out of 100 on Friday, indicating “extreme fear” in the market and hitting its lowest point since June 2022, when sentiment and the market fell in the wake of the collapse of the Terra blockchain a month earlier.The index has been at a low for the last fortnight as Bitcoin (BTC) has tanked 38% from its 2026 high of $97,000…

Circle Internet Group has partnered with Polymarket to transition the prediction market’s settlement infrastructure to native USDC, replacing bridged stablecoin collateral used for trading on its platform.According to Thursday’s announcement, Polymarket currently uses bridged USDC (USDC.e) on Polygon as trading collateral and plans to migrate to Circle-issued native USDC (USDC) over the next few months. Native USDC is issued by Circle’s regulated entities and can be redeemed one-for-one for US dollars, offering a “capital-efficient” and scalable alternative without relying on cross-chain bridges.Cross-chain bridges are protocols that transfer tokens between blockchains by locking assets on one network and issuing corresponding representations…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.The market has been asking whether bitcoin is losing to gold. Darius Sit, co-founder and Managing Partner at QCP Capital, says the debate is often framed around price when liquidity realities matter more.Singapore-based QCP is one of Asia’s largest trading desks, with over $60 billion in annual volume.“If you’re comparing Bitcoin to gold, it’s not a like-for-like comparison… you’re…

Key NotesStrategy’s 713,502 bitcoin holdings generated massive paper losses under new fair value accounting rules adopted in early 2025.MSTR stock plummeted over 20% as the digital asset crashed from $73,340 to $62,345 in a single trading session.The company maintains $2.25 billion in reserves covering 2.5 years of obligations despite market turbulence and liquidations. Michael Saylor‘s Strategy Inc. posted a staggering $12.4 billion net loss for the fourth quarter of 2025, driven almost entirely by unrealized losses on its bitcoin treasury as crypto prices tumbled. The company disclosed Wednesday that it now holds 713,502 bitcoins acquired at a total cost of…

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has reportedly seen an all-time peak daily trading volume as traders responded to Bitcoin’s rapidly crashing price.The iShares Bitcoin Trust ETF (IBIT) “crushed its daily volume record” on Thursday, with $10 billion worth of shares trading hands, Bloomberg ETF analyst Eric Balchunas said on X.Balchunas added that IBIT dropped 13% on the day, its “second-worst daily price drop since it launched,” with its biggest daily price crash coming in at 15% on May 8, 2024. Source: Eric Balchunas On Wednesday, IBIT posted net outflows totalling $373.4 million, with the ETF having just 10 trading…

If you’re looking for how to buy Cardano, you’re probably aiming to own ADA without unnecessary complexity or added risk. As a practical, long-term blockchain project, Cardano continues to attract first-time buyers searching for a simple and secure way to get started.In this guide, you’ll learn what Cardano is, where and how to buy ADA step by step, which payment methods to use, and how to store your newly purchased Cardano securely. You’ll also discover the different things you can do with Cardano.What Is Cardano (ADA)?Cardano is an open-source, proof-of-stake blockchain platform designed to support secure, scalable, and energy-efficient digital…