Author: Kryptonews
Key takeawaysBitMine says it holds 3,864,951 ETH after adding 138,452 ETH in a week, describing its treasury as representing more than 3.2% of the ETH supply.The accumulation is happening alongside risk-off signals, including notable spot Ether ETF outflow days and a reported spike in net outflows to Binance.BitMine frames the strategy as both catalyst-driven (the Fusaka upgrade) and operational, pointing to staking via its planned MAVAN initiative in early 2026.Interpretations differ, with some viewing the move as conviction-style positioning and others as a concentrated corporate treasury bet that is highly sensitive to flows, liquidity and volatility.BitMine is accelerating its Ether…
CoreWeave Inc., the American artificial intelligence cloud-computing company, has watched $33 billion of value disappear in six weeks. This hit is mainly due to investor concerns over a potential AI bubble and inconsistent signals from the company’s leadership. The AI infrastructure provider has dropped 61% from its all-time high of $187 mid-year. It has also dropped nearly 39% over the past three months alone. This sharp selloff caused investors to raise questions about whether the AI infrastructure provider can rebound in 2026. Investors raise concerns over the company’s high-interest debt dependence According to reports, the selloff was fueled by a…
The Art Institute of Chicago announced the top lots among its more than 1,000 acquisitions in 2025, with special notice going to key paintings and other holdings now in the collections of departments including prints and drawings, photography and media, textiles, and architecture and design. The paintings include Kay WalkingStick’s The Silence of Glacier (2013), a two-panel work that overlays a Northern Chayenne beadwork pattern over top a landscape scene from Glacier National Park in Montana. “By layering the beadwork pattern over the landscape,” the museum’s press release reads, “Kay WalkingStick reclaims the Rocky Mountains as Native land and uplifts…
Why holidays attract crypto scammers The holiday season is supposed to be about rest, family and celebration. Unfortunately, it is also one of the busiest times of the year for cybercriminals.Scammers take advantage of increased online shopping, festive promotions and emotional spending to trick people into handing over their money.For cryptocurrency users, these scams can be especially damaging because crypto transfers are typically irreversible. Scammers know crypto transactions are irreversible, and many people are still learning how to handle their assets safely.So, how do scammers target crypto users during the holidays, and what tactics do they use?Let’s find out.During the…
KindlyMD Inc., a healthcare and Bitcoin treasury company, is facing the risk of being delisted from the Nasdaq after its share price remained below the exchange’s minimum bid requirement for an extended period. In a Form 8-K filing dated Dec. 12, the company disclosed that it had received a notice from Nasdaq’s Listing Qualifications Department after its common stock closed below $1 for 30 consecutive trading days, placing it out of compliance with Nasdaq Listing Rule 5450(a)(1). Source: SEC filing KindlyMD’s shares, which trade under the ticker NAKA, are currently priced at $0.38. The stock is down nearly 5% on…
The U.S. Federal Deposit Insurance Corp. has rolled out the first official rule proposal stemming from the new law governing stablecoin issuers, with its board voting Tuesday to open a 60-day public comment period on its system for handling applications from its regulated banks looking to issue stablecoins from subsidiaries.The agency — led by Acting Chairman Travis Hill, who is also President Donald Trump’s nominee for the permanent seat — will gather comments and review them before it can release a final rule. The Tuesday proposal, approved by all three members of the shorthanded board, would establish the procedures for…
Key Highlights: Hyperliquid’s native token $HYPE is down by 9% today, December 16, 2025. The main reasons for this plunge include massive leveraged liquidations, delay in rolling out of ETF product and token unlocks. Possibility of the token price to dip as low as $20 due to broken technical support and ongoing market weakness. Hyperliquid’s native token $HYPE dropped more than 9% today, December 16, 2025, and is underperforming than the broader crypto market which is down by approximately 4%. The dip indicates that there is a mix of market-wide pressure, rising supply, cautious investor sentiment, and technical weakness, setting…
Onchain activity declined sharply on several major networks, according to Nansen data, with 11 blockchains posting drops in active addresses in the past year.Ronin fell the most at 70%, while Bitcoin registered a 7.2% decline. Several Ethereum layer-2 networks made the list.Nansen data also showed drops in transaction activity across many of the same networks. ZKsync recorded one of the steepest declines, with transactions falling 90%.Meanwhile, Ethereum’s base layer recorded a 25% increase in active addresses and more than a 20% rise in transactions, even as debate continued around Ethereum’s rollup-centric roadmap and concerns over liquidity fragmentation across layer-2 networks.…
When Donald Trump returned to the White House, much of the crypto market expected a familiar script. Pro-crypto rhetoric, friendlier regulation, institutional inflows, and renewed risk appetite were all supposed to combine into a defining bull market.Instead, as 2025 draws to a close, the crypto market is ending the year markedly lower, sitting at just 20% of its peak from the Biden era.Even with Trump, Crypto Market Is Still Just 20% of Biden-Era LevelsThat contradiction is at the heart of a growing debate over whether crypto is stuck in a difficult phase, or whether something more fundamental has broken.Sponsored Sponsored…
Bitcoin (BTC) struck at ask liquidity at Tuesday’s Wall Street open as markets reacted to mixed US employment data.Key points:Bitcoin buyers and sellers square off for control amid conflicting US employment numbers.Nearby order-book liquidity begins to get shaken out at the Wall Street open. BTC price targets include $95,000 in the event of a bullish impulse on short timeframes.Bitcoin order-book “battle” commences at $87,000Data from Cointelegraph Markets Pro and TradingView showed that bulls were grappling with resistance above $87,000. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewAfter dropping to nearly $85,000 the day prior, tensions were high as buyers sought to avoid another…
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