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

Michael Saylor Responds To Scrutiny As Strategy Shares And STRC Hit 52-Week Lows

Michael Saylor responded to the deepening selloff in Strategy’s stock and preferred shares Friday with a statement on X. “Volatility tests every capital structure,” Saylor wrote. “Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. We appreciate our investors and will continue to execute with transparency and resolve. $MSTR”. The … Read more

Bitcoin Mining Pool DMND Mines First Known Stratum V2 Block; GoMining Constructs Its Own Template

Bitcoin mining pool DMND has mined the first known Bitcoin block produced using the Stratum V2 protocol, a technical milestone that shifts control over block construction from pools to individual miners. The block — number 955,318 — was mined through DMND’s pool for GoMining, which became the first miner to use Stratum V2’s Job Declaration … Read more

Bitplanet Signs Agreement With Antalpha To Launch Bitcoin Mining Operations

Bitplanet Inc. has signed a memorandum of understanding with Nasdaq-listed fintech company Antalpha and its mining ecosystem partners to enter the Bitcoin mining business, the company announced. Under the agreement, Bitplanet will deploy KRW 15 billion (approximately $10.8 million) in Bitcoin mining equipment and begin operations this month. The equipment is set for deployment at … Read more