by Benzinga | June 12, 2025 3:15 pm | Crypto News
A leveraged trader who doubled down on their Ethereum (CRYPTO: ETH) short bet on Wednesday was sitting on unrealized profits as the second-largest cryptocurrency fell in value. What Happened: According to on-chain tracker Lookonchain, the trader deposited an...
by Benzinga | June 12, 2025 2:10 pm | Crypto News
Leading Bitcoin (CRYPTO: BTC) advocate Michael Saylor is not too worried about quantum computing’s potential threat to the network’s security. What Happened: During an interview with Bloomberg that aired Tuesday, the Strategy co-founder was asked about the possibility...
by Benzinga | June 12, 2025 1:13 pm | Crypto News
Basketball legend Shaquille O’Neal, often known as Shaq, will pay $1.8 million to settle allegations that he promoted unregistered securities through his endorsement of the collapsed cryptocurrency exchange FTX. What Happened: The proposed settlement, filed in Florida...
by Benzinga | June 12, 2025 12:14 pm | Crypto News
Treasury Secretary Scott Bessent said Wednesday that dollar-pegged stablecoins could reach a market capitalization of $2 trillion and beyond as the stablecoin bill advanced in the Senate. What happened: During a testimony before the Senate Appropriations Committee,...
by Benzinga | June 12, 2025 11:10 am | Crypto News
A cryptocurrency named after GameStop Corp. (NYSE:GME) blasted to triple-digit gains Wednesday after the video game retailer announced plans to raise over a billion dollars for investment purposes. What happened: BNB Chain (CRYPTO: BNB)-based GameStop Coin (GME)...
by Benzinga | June 12, 2025 9:13 am | Crypto News
Leading cryptocurrencies dipped on Wednesday despite lower-than-expected inflation and the new trade deal announcement with China. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -1.18% $108,619.39 Ethereum (CRYPTO: ETH) ...
by Benzinga | June 12, 2025 8:10 am | Crypto News
U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday. What happened: Odds in favor of the betting contract titled “US recession in 2025?” were 23% as of this writing, a considerable drop from the all-time...
by Benzinga | June 12, 2025 2:05 am | Crypto News
Editor’s Note: This article was updated to clarify that American Bitcoin mined its Bitcoin holdings. American Bitcoin, a Bitcoin (CRYPTO: BTC) mining company backed by Eric Trump and Donald Trump Jr., mined millions worth of the apex cryptocurrency, according to...
by Benzinga | June 12, 2025 1:06 am | Crypto News
Crypto markets are holding steady with a slight upward bias after U.S. May inflation data came in lower than expected, sparking renewed optimism for potential Federal Reserve rate cuts. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $108,821.34 -0.5% Ethereum...
by Benzinga | June 12, 2025 1:06 am | Crypto News
Fartcoin (CRYPTO: FARTCOIN) is turning heads after a 40% rally over the past week, outpacing legacy meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: Trader RookieXBT suggested that Fartcoin “looks ready here,” especially...
by Benzinga | June 12, 2025 12:06 am | Crypto News
Crypto payments are gaining traction but face significant barriers to mainstream adoption in the travel industry due to consumer discomfort with wallet-based transactions, according to Mathias Lundoe Nielsen, founder and CEO of EnTravel. In an interview with Benzinga,...
by Benzinga | June 12, 2025 12:05 am | Crypto News
London,UK , June 11, 2025 (GLOBE NEWSWIRE) — Recently, in a YouTube interview, Akrk Investment’s CEO, Cathie Wood, expressed her belief that the Bitcoin price will surge to $1.5 million by 2030. This translates to a 15X price increase within 5 years. She...
by Benzinga | June 12, 2025 12:05 am | Crypto News
Alpha Liquid Terminal on Tuesday launched ChatAnalyst, an AI-powered financial analyst agent designed to unify research across crypto, equities, FX, and private markets. The tool, part of Phase One of the platform’s beta, aims to simplify data gathering and...
by Benzinga | June 11, 2025 11:10 pm | Crypto News
New York City, June 11, 2025 (GLOBE NEWSWIRE) — All iGaming experts have thoroughly tested numerous crypto gambling platforms to pinpoint the crypto casinos for 2025, available here. Our focus was on critical factors like licensing, security, game diversity,...
by Benzinga | June 11, 2025 11:09 pm | Crypto News
Stripe, one of the world’s leading payment service providers, on Wednesday announced that it will acquire Privy, a crypto wallet infrastructure startup, in a move to deepen its push into crypto and streamline digital value transfer. What Happened: The deal is...
by Benzinga | June 11, 2025 11:09 pm | Crypto News
London, UK, June 11, 2025 (GLOBE NEWSWIRE) — As global interest in crypto assets continues to rise, more users are looking for accessible ways to explore this financial trend—without needing technical expertise or costly equipment. Earn Mining, a cloud mining...
by Benzinga | June 11, 2025 10:10 pm | Crypto News
Wilmington, Delaware, USA, June 11, 2025 (GLOBE NEWSWIRE) — In the rapidly evolving cryptocurrency landscape, QFSCOIN is setting itself apart by launching its most profitable Bitcoin mining service in 2025. QFSCOIN distinguishes itself by offering continuous,...
by Benzinga | June 11, 2025 10:10 pm | Crypto News
Things aren’t looking great for GameStop Corporation‘s (NYSE:GME), if you ask Wedbush Securities’ Michael Pachter. The video-game retailer’s Bitcoin investments probably won’t inspire hordes of investors to pile into its stock, while there are no signs of a potential...
by Benzinga | June 11, 2025 10:10 pm | Crypto News
Emerging markets like Brazil, India, and other Latin American countries present the greatest opportunities for institutional crypto investors due to their rapidly growing economies and increasing crypto adoption, said Tim Grant, CEO of Deus X Capital. In an interview...
by Benzinga | June 11, 2025 10:10 pm | Crypto News
Bitcoin (CRYPTO: BTC) continues to hover below $110,000, but this quiet period might just be the prelude to an explosive move. According to an analysis published by on-chain analytics provider CryptoQuant on Wednesday, Bitcoin’s active network usage has fallen...
