Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations. Key points: Bitcoin tapped $87,200 but failed to make new multi-month highs as overhead resistance held. September US nonfarm payrolls came in below expectations at 29,000, while the August and July figures were revised lower. Analysts saw further BTC price upside on … Read more
Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately. Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May. Meanwhile, Blockchain.com is preparing for an initial public offering (IPO) at a potential $6 billion valuation, well below the $14 billion … Read more
The International Monetary Fund has praised El Salvador for improving its economy — but scolded it at the same time for its ongoing Bitcoin experiment. In a statement Friday, the IMF said that it had approved a $139 million disbursement to the Central American nation while also trying to “reduce the state’s involvement in Bitcoin-related … Read more
Ethereum layer-2 network Blast is shutting down after its operating costs exceeded the revenue generated by the chain. In a Friday post on X, Blast said it sees no “credible path” to making the network economically sustainable and asked users to withdraw their assets to Ethereum mainnet. “We launched Blast with the goal of building … Read more
Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management. The finding comes from an annual survey by Lloyds Banking Group, the UK’s largest financial services provider, which polled 100 senior decision-makers across major UK banks, insurers, asset … Read more
After Bitget got hacked on Sept. 24, $387.5 million of stolen funds quickly began moving across chains, with some headed to decentralized cross chain swaps platform THORChain. Chief executive Gracy Chen publicly appealed to the platform to refuse service to attacker-linked addresses. “The industry is watching,” she said. Yet THORChain refused. And that refusal has … Read more
US policymakers could lift cryptocurrency prices by printing more money to support AI and finance government debt, according to Arthur Hayes, chief investment officer at Maelstrom fund. AI companies need trillions of dollars to finance data centers even as the prices of their services fall, Hayes said at a fireside chat at CONNECT by Cointelegraph: … Read more
South Korean crypto exchanges saw operating profits fall 78% in the first half of 2026 as trading activity, market valuations and customer deposits declined, according to new government data. On Thursday, the Korea Financial Intelligence Unit (KoFIU) said average daily trading volume at domestic virtual asset exchanges fell 44% from the previous six months, while … Read more
Something huge just happened in the crypto world. The U.S. Securities and Exchange Commission (SEC) has officially approved the first-ever spot Ethereum Exchange Traded Fund (ETF). This is a massive development that could change everything for both Ethereum and Bitcoin. For a long time, the crypto market has been waiting for this. People have been … Read more
The team behind Core Lightning, an open-source node software for the Bitcoin Lightning Network, has urged operators running older versions to upgrade immediately after receiving reports of attackers targeting unpatched nodes. “Urgent security update: If you’re running version 26.06.7 or earlier, please upgrade to the latest release as soon as possible,” the team said on … Read more