Crypto

The White House is betting that a new cash-pay platform—built around blockbuster GLP-1 drugs—can pressure Big Pharma and bypass the middlemen who keep U.S. prices high.

The South Korean exchange said an internal error during a promotional event led to brief price dislocations, stressing that no customer assets were lost. Bithumb said it identified and corrected an internal payout error after an “abnormal amount” of Bitcoin was credited to some user accounts during a promotional event, briefly causing sharp price fluctuations on the exchange. In a company announcement on Friday, the South Korean crypto exchange said the price dislocation occurred after some recipients sold the mistakenly credited Bitcoin, but that it quickly restricted the affected accounts through internal controls, allowing market prices to stabilize within minutes and preventing any chain liquidations. Bithumb said the incident was unrelated to any hacking or security breach and did not result in losses to customer assets, adding that trading, deposits and withdrawals are operating normally. The company said that customer funds remain safely managed and that it will transparently disclose follow-up actions...

Publicly traded Bitcoin miner Bitfarms is planning a move to the United States and a name change as it transitions from crypto to AI compute.

Vitalik Buterin sold over 6,100 ETH as prices slid below $2,000, adding to heavy whale-led selling pressure.

Ethereum co-founder Vitalik Buterin and other prominent “whales” have offloaded millions of dollars in ETH since the beginning of February, adding narrative fuel to a market rout that saw the world's second-largest cryptocurrency tumble below $2,000. While the high-profile sales by Buterin served as a psychological trigger for retail panic, a closer examination of market […] The post Ethereum collapses below $2,000 after Vitalik Buterin and insiders moved millions to exchanges into thin liquidity appeared first on CryptoSlate.

Coinbase customers faced losses in fresh ways through the exchange’s crypto-backed lending product as Bitcoin and Ethereum tumbled this week.

Bitcoin dipped toward $60,000 after liquidations across crypto derivatives markets reached $2.56 billion, the 10th-largest daily total on record. Cryptocurrency markets experienced a brutal sell-off this week as investor concerns grew over stagnating US liquidity following US President Donald Trump's nomination of Kevin Warsh to lead the Federal Reserve. Bitcoin exchange-traded funds (ETFs) recorded three consecutive days of outflows, with $431 million exiting on Thursday, according to data from Farside Investors. Bitcoin’s (BTC) price briefly dipped to $60,074 on Friday before recovering above $64,930 as of 7:49 a.m. UTC. Warsh — who previously served as a Fed governor from 2006 to 2011 — is expected to continue the interest rate cut trajectory. His nomination may also signal that broader market liquidity is expected to “stabilize rather than meaningfully expand,” Thomas Perfumo, economist at crypto exchange Kraken, told Cointelegraph. Read more

Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce? Key points: Bitcoin has turned up sharply from the $60,000 level, opening the door for a retest of the breakdown level at $74,508. Several major altcoins have started a relief rally, which is expected to face selling at the moving averages. Read more

"401ks exist to help people save for a secure retirement, not gamble on speculative assets," said an industry observer.

Strategy (MSTR), BitMine (BMNR), and Coinbase (COIN) helped lead the crypto stock rebound as Bitcoin bounced back from a dip near $60K.

In a video interview, Samson Mow shares his views on Bitcoin's latest bloodbath, quantum fears and the catalysts that could drive Bitcoin’s next recovery. In an exclusive Cointelegraph interview, Bitcoin OG Samson Mow shares his perspective on Bitcoin’s latest massive crash, what’s driving the sell-offs and why a rebound could be closer than most expect. We discuss gold and silver’s rally, forced liquidations, the “quantum threat” to crypto, and examine the long-term Bitcoin thesis: Is Bitcoin truly designed to rise in price due to fiat devaluation, or is that a flawed narrative? After months of relentless selling pressure, sharp liquidations and growing bearish sentiment, many investors are asking the same question: Why does Bitcoin keep falling despite strong fundamentals, and when could it finally recover? Read more

Ripple's token has also surpassed BNB in terms of market cap after its sublime surge.

Ondo showcases rapid growth in tokenized assets and unveils plans to turn that momentum into a full-stack on-chain financial services ecosystem at its summit.

The error was quickly corrected, but not before Bithumb users sold off billions in Bitcoin, temporarily crashing its listed price.

Bitcoin's price jumped past $71,000 minutes ago, while XRP and other altcoins have produced massive double-digit daily gains.

Russia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation expected by mid-2026.

The move came as bitcoin briefly rose over $70,000 in U.S. morning hours, reversing Thursday's sharp declines ahead of the weekend.

The latest announcement from the People's Bank of China follows months of flip-flopping on privately issued yuan-pegged stablecoins. The People’s Bank of China (PBOC), the country’s central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs). The ban applies to both domestic and foreign stablecoin and tokenized RWA issuers, according to the statement, which was also signed by the Ministry of Industry and Information Technology and China’s Securities Regulatory Commission. A translation of the announcement said: Winston Ma, an adjunct professor at New York University (NYU) Law School and former Managing Director of CIC, China's sovereign wealth fund, told Cointelegraph that the ban extends to the onshore and offshore versions of China’s Renminbi, also called the yuan.   “The Beijing crypto ban rule applies across all RMB-related markets, whether CNH or CNY,” he said. CNH is the of...

Big Tech companies' planned $500 billion war chest to dominate artificial intelligence could offer a lifeline to a Bitcoin mining industry teetering on the edge of capitulation. The headline numbers are eye-watering. Alphabet, Google’s parent, alone plans to spend as much as $185 billion this year. However, the capital surge will involve more than buying […] The post Bitcoin miners have the one thing AI still needs and Big Tech has $500 billion to buy it appeared first on CryptoSlate.

Bitwise’s Head of Europe argues that gold offers a cushion when markets fall, while Bitcoin boosts portfolios during rebounds.