Author: Kryptonews

Cipher Mining has acquired a 200-megawatt power site in Ohio called “Ulysses,” marking its first expansion outside of Texas and entry into the PJM wholesale electricity market, the largest power market in the United States.According to Tuesday’s announcement, the 195-acre site has secured power capacity from AEP Ohio, with all required utility agreements in place, and is expected to be energized in the fourth quarter of 2027. Cipher said the facility is suitable for high-performance computing and data center use in addition to Bitcoin (BTC) mining. Financial terms of the transaction were not disclosed. The move aims to meet growing…

In a multi-year market slowdown, numerous galleries large and small have either gone out of business or retrenched. Galerie 1900-2000, founded in Paris, opened a New York branch on Madison Avenue on the Upper East Side in February 2023 as a joint venture with Galerie Georges-Philippe & Nathalie Vallois, but the Manhattan outpost is going dark. Its last exhibition closed in September. “We decided to close the gallery mainly because the business was quite slow even though we made some fantastic contacts with great public and private collectors but even better with institutions,” said David Fleiss, one of the gallery’s…

Key Takeaways:Coinbase has agreed to acquire The Clearing Company to accelerate its expansion into regulated, onchain prediction markets.The deal strengthens Coinbase’s push to build an “Everything Exchange” that unifies crypto, derivatives, equities, and event-based markets.Prediction markets are emerging as one of the fastest-growing crypto-adjacent products, driven by higher user engagement and clearer regulation.Coinbase is moving quickly to deepen its presence in prediction markets. Just days after rolling out access to event-based trading, the crypto exchange confirmed an agreement to acquire The Clearing Company, a startup focused on regulated, onchain prediction market infrastructure.The transaction, expected to close in January pending customary…

Public figures are beginning to publicly endorse DeFi as an alternative to traditional banking. In a recent podcast interview, Eric Trump explained why decentralized finance threatens the system banks rely on. According to Trump, DeFi removes the delays, paperwork, and fees that have supported big banks for decades. How DeFi Changes Borrowing Overnight Speaking on the Money Talks podcast on November 27, Eric Trump used a simple example. Imagine owning $1 million worth of Bitcoin and wanting to buy an $800,000 house. With banks, that process can take up to 120 days. It involves endless paperwork, KYC checks, and many…

Many crypto industry leaders and users anticipate significant changes in the US regulatory environment over the next 12 months, as various policy changes and legislation begin to take effect. Although the inauguration of US President Donald Trump in January 2025 did not mean an immediate end to all digital asset regulation, many of the administration’s policies, from dismissing enforcement cases of crypto companies by the Securities and Exchange Commission to signing a stablecoin bill into law, signal apparent differences to previous US presidents and their chosen regulators. “I expect an increasing number of jurisdictions to establish clear and transparent regulatory…

JPMorgan’s (JPM) reported plan to offer crypto trading to institutional clients could reshape the competitive landscape, but not necessarily at the expense of its rivals.According to analysts, the Wall Street giant’s entrance may benefit existing players like Coinbase (COIN), Bullish (BLSH), and Galaxy Digital (GLXY) even as it signals stiffer competition ahead.“If JPMorgan offers crypto trading to institutional clients, it will be a big positive to the space,” said Owen Lau, analyst at ClearStreet. “It will further legitimize crypto and increase distribution channels,” he continued. “The domino effect will likely cascade down to other banks. Coinbase and Bullish are well…

Telegram now runs the largest crypto black-market economy ever documented, with Chinese-speaking users transacting literally $2 billion every month. According to an Elliptic’s investigation released this week, simple access to Telegram, the ability to relaunch banned channels, and Chinese-language moderation have replaced the technical barriers that once defined darknet crime. Elliptic estimates that one of those markets, Huione Guarantee, moved $27 billion between 2021 and 2025. 2025 has been a year of breakthroughs, takedowns and firsts. Our blockchain intelligence drove real-world impact at every turn: supporting the $96B Garantex takedown, launching AI-powered Copilot, exposing $35B in illicit Telegram marketplaces and…

Ethena’s synthetic dollar USDe has shed about $8.3 billion in net outflows since the major liquidation event on Oct. 10, as confidence in leveraged and synthetic collateral structures continues to weaken.According to a report from 10x Research, the October sell-off marked a turning point for the crypto market, flipping the bull phase into a period of deleveraging. The crash erased an estimated $1.3 trillion in crypto market value, nearly 30% of total capitalization at the time.Ethena USDe (USDe), which relies on synthetic collateral and hedging mechanisms rather than traditional fiat reserves, faced a “sharp loss of confidence” under these conditions,…

Ethereum is undergoing a silent supply shock. While retail speculation has evaporated, institutional players have absorbed nearly 11% of the circulating supply, repurposing the asset as yield-bearing infrastructure rather than a trading vehicle.Key Data: Corporate treasuries and spot ETFs now control 10.72% of all ETH, according to data from Strategic ETH Reserve.ETH is trading at $2,939 (-4.13%), decoupling from the “retail buzz” that drove previous cycles.Source: TradingViewThe Supply SqueezeThe liquidity drain is quite noticeable as Ethereum reserves on centralized exchanges have plummeted to 10.5%, a record low and a 43% drop since July.Unlike previous accumulations, this capital isn’t just sitting…

Finding the best crypto trading tools allows you to trade in a volatile market with precision. You focus on signals, execution, and risk instead of jumping between tabs. Cryptocurrency market analysis tools support decisions with metrics, order flow, and network data tied to real activity.In this article, we discuss the different types of trading tools. You’ll also find insights on how to choose the best tool for your needs. Ready to optimize your trading strategy? Read on.Best Crypto Trading Tools in 2025 for Smarter & Faster TradesToolPricePrimary FunctionKey FeaturesSupported Exchanges/AssetsUser SuitabilityNansenFree; Pro $69/moOn-chain analyticsWallet labeling, smart money tracking, NFT analytics,…