Coinbase, Circle Deepen Crypto Stock Losses Despite Resilient S&P 500

A broad selloff in technology stocks has weighed even more heavily on crypto-focused companies, highlighting a growing divergence between digital asset equities and the broader US stock market. Shares of Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72%, respectively, from their all-time highs. Those declines exceed the drawdowns seen in several major technology … Read more

Majors fall 9% over week as AI stocks lure buyers

Dogecoin and Hyperliquid’s HYPE led the week’s losses across crypto, falling near 10%, as money kept flowing toward stocks tied to the artificial-intelligence boom and away from major tokens. Dogecoin slid 9.6% over seven days to about $0.076 and HYPE lost 9.9%, the steepest falls among the majors. Ether dropped 8.4% to about $1,581 and … Read more

Ripple CEO stays bullish on bitcoin but says Saylor’s strategy has hurt crypto

Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Michael Saylor’s approach to funding bitcoin purchases has damaged the broader crypto market, in a CNBC interview on Friday, as the preferred stock at the center of Strategy’s model fell to a record low. “Financial engineering does not drive long-term value,” Garlinghouse said, … Read more

SOL Bounced To $72 As Tokenized Stock Trading Surges But Will It Hold?

Key takeaways: SOL’s rebound to $72 shows bullish futures and airdrop hopes, but falling TVL and low DEX volumes point to fragile onchain demand. Tokenized stocks spark hype on Solana, yet Pump.fun dependence and Hyperliquid competition threaten sustained SOL momentum. Solana native token SOL jumped to $72 on Friday, distancing itself from the $64 lows … Read more

Senators Urge CFTC Probe Polymarket Over Faked Ads Report

A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate the prediction market platform Polymarket after it reportedly paid social media influencers to make videos of fake bets. Republican Senator John Curtis and Democratic Senator Adam Schiff sent a letter to CFTC Chair Mike Selig on Thursday, saying they … Read more

Bitcoin Will ‘Dwindle Away With A Whimper’

Legendary investor Jeremy Grantham — co-founder of asset management firm GMO and one of Wall Street’s most prominent bubble-spotters — came at Bitcoin again on Friday, calling the asset a “useless, speculative mechanism” destined for slow decline into irrelevance. Speaking on CNBC’s Squawk Box, Grantham predicted that Bitcoin will “dwindle away, I suspect — not … Read more