JPMorgan says bitcoin crossing $85,000 production cost could ease miner selling pressure
JPMorgan analysts said bitcoin's move above its estimated $85,000 production cost could ease miner selling if sustained.
The Block
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New York moves to block Polymarket from the state, alleging it’s running an illegal gambling operation
New York has sued Polymarket, accusing it of operating an illegal gambling operation and asking a court to block it from operating.
Ondo launches onchain portfolio tokens based on BlackRock-developed strategies
Ondo has launched three onchain portfolio tokens based on model portfolio strategies developed by BlackRock.
Solana Foundation taps Binance, Polygon vets to drive institutional adoption and payments
Solana Foundation appointed Rachel Conlan as chief strategy officer and former Polygon Labs exec Jamal Raees as GM of payments.
HIFI raises $37 million Series A to expand tokenized capital markets infrastructure
HIFI raised $37 million in Series A funding led by Left Lane Capital to scale tokenized settlement infrastructure.
IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions
IBM Digital Asset Haven clients can now connect to Swift's shared ledger and instruct tokenized deposit transactions.
Brooklyn man gets up to 12 years over $16 million Coinbase social engineering scheme
A court sentenced 23-year-old Ronald Spektor to four to 12 years in prison for a $15.9 million Coinbase phishing scheme.
Hut 8 wins bidding for Poolin’s Texas data centers with $140 million offer
The proposed acquisition would add two Texas sites to Hut 8’s expanding AI infrastructure portfolio.
‘Not behind closed doors’: Senate Banking Democrats call for prediction markets hearing as GOP meets privately with Kalshi
Every Democrat on the Senate Banking Committee is urging its chair, Sen. Tim Scott, to hold a congressional hearing on prediction markets.
‘BTC still has room to catch up’: Bitcoin’s $80,000 breakout draws institutional demand as analysts weigh durability
K33, Nexo and 21shares weigh in on bitcoin's breakout as ETF inflows hit their highest since Nov. 2024. Key levels: $87K–88K resistance.
Blockchain.com, NYSE plan access to tokenized US stocks and ETFs
Blockchain.com and NYSE have signed an agreement to explore tokenized stocks and ETFs, subject to regulatory approvals.
Crypto economy fell just 1.6% in 12 months despite $2.1 trillion market cap rout, Chainalysis says
Global crypto activity fell 1.6% to $9.4 trillion despite a massive $2.1 trillion market cap contraction, Chainalysis says.