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Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
ReadCircle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.
ReadBitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell.
ReadNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
ReadThe amendment would require taxpayers to report holdings worth at least $112,000, but the measure still needs to survive the budget process.
ReadSEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
ReadZach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
ReadSun plans to refile his token-freeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10.
ReadBitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.
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