Aschenbrenner fund dumps $1B in IREN, Riot, CleanSpark
The unwind itself was the sell signal; the squeeze in IREN, Core Scientific and peers suggests short sellers crowded into a thesis that just broke.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The unwind itself was the sell signal; the squeeze in IREN, Core Scientific and peers suggests short sellers crowded into a thesis that just broke.
The designation escalates a decade-long standoff: Durov refused to hand over encryption keys in 2017, Telegram was banned in Russia until 2020, and Moscow is now using its terrorism list to retaliate.
The deal would dwarf Ondo's entire $34M lifetime raise and signals that RWA tokenization has moved from niche infrastructure to a strategic acquisition category for crypto's scaling players.
The order is one of the largest disclosed ZEC ASIC commitments of the cycle, and it lands against a token down roughly 30% from its May local high.
The dilution machine is breaking. Two years of buy-buy-buy lifted treasury stocks; now shareholders are selling the equity because the math stopped working.
Glassnode says the marginal BTC buyer is now being paid to wait: only the second time on record that Treasury yields beat the carry trade, with spot volume at a 2019 low.
The reverse split keeps the listing alive, but a suspended stock leaves BTC treasury management under a cloud while the company still sits on roughly 8,000 BTC.
Prediction markets now price just a 37% chance of passage before year-end, and the bank warns delays risk pushing tokenization onto TradFi rails rather than public crypto networks.
Nine senior departures, 20% layoffs and a CROPS mandate rewrote the Foundation's role while spot ETH ETFs pulled $11.23B and BlackRock pushed deeper onchain.
Wall Street desks have quietly reshaped crypto's plumbing: realized volatility has dropped from 70% to 45% across cycles, altcoin flows concentrate in fewer names, and tokenized RWA just climbed to…
A listed company trimming its BTC treasury to pay for a concrete expansion is a different signal from selling into a drawdown: it is a capital allocation move, not a loss cut.
The miss is large enough to reopen the recession-bid conversation on its own, and it lands the same week as the Fed's rate decision.
The $27M July outflow is the first negative month for Hyperliquid ETFs after $280M of cumulative inflows, yet Grayscale argues HYPE trades at 15-18x projected earnings versus 35-40x for Coinbase and…
The holder count more than doubled month-over-month, with Robinhood's new chain capturing the largest share in under four weeks, signalling that tokenized equities are moving from niche product to…
The 377MW direct lease plus 152MW AMD-backstopped neocloud line is the structural beat, while 30M warrants vesting only at full 2.5GW scale cap the upside.
The rotation trims the speculative edge of the complex (BitMine, Block, Robinhood) and concentrates into the regulated on-ramp and the largest US stablecoin issuer, a posture that usually reflects a…
ETF flows get the headlines, but the real fragility sits in Bitcoin-backed credit: a 50% LTV loan liquidates near $39,900, and the credit stack that built up around that collateral is mostly…
A 41% cut in one session signals how far the sell-side bar has moved on COIN, with Q2 earnings due and the diversification thesis now under formal pressure.
The MPC's unanimous hold keeps the BoE on watch as services inflation and wage growth stay sticky, leaving the door open for a 2026 cut if price pressures continue to ease.
Bitcoin barely budged at $63,915 while a hawkish FOMC dissent, $286M in liquidations, and an 8% overnight oil spike erased Monday's calm across equities, leaving crypto's relative resilience as the…