The Ethereum co-founder said he expected the Future of Life Institute to cash out $10-25 million from his 2021 meme coin donation. It liquidated roughly $500 million and pivoted to political advocacy he worries could lead to "authoritarian" outcomes.
BTC climbed 2% to break through $72,000 while U.S. equity futures slipped and the dollar strengthened, as altcoins and AI tokens joined a broader crypto rally.
The new ETHB fund launched with over $100 million in assets and traded more than $15 million on day one, offering investors exposure to ethereum plus staking rewards.
Volume surged more than 300% during the move, per CoinDesk analytics data, with traders watching whether the token can hold the former resistance as support.
Majors posted modest gains Friday with BTC hovering near the top of its month-long range even as equities struggle under rising energy prices and geopolitical stress.
Crypto wealth manager Swissborg gets MiCA approval and prepares to move its European operations to France while targeting growth in markets including Germany, Italy and Spain.
The committee that steers the U.S. securities regulator on investor issues voted to support a new effort to regulate stock transactions on blockchains.
A bipartisan housing bill was approved in the Senate, carrying an unrelated ban on U.S. central bank digital currencies, but its future remains uncertain.
The firm plays a central role in the development of Optimism, an Ethereum layer-2 scaling network designed to make transactions faster and cheaper by processing activity off the Ethereum main chain.
Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs.
The proposed class action suit said Chase provided “the essential banking infrastructure” for Goliath Ventures’ alleged fraud, despite red flags it claims made the scheme “obvious.”