Eric Trump-Backed Miner Snags More Bitcoin Amid a Brutal Month for ABTC Stock

The Eric Trump-backed digital asset treasury (DAT) firm and publicly traded miner American Bitcoin said it has lifted its stash to 4,367 BTC. Even with the added coin count, the company’s stock ABTC has spent the past 30 days sliding more than 50%. ABTC Snaps up 502 BTC Over 38 Days Another bitcoin-focused DAT has … Read more

McRib Comeback Sparks a Nudge in Markets as Bitcoin Traders Reignite Crypto’s Sauciest Myth

It’s been a choppy week across crypto assets, with bitcoin sliding more than 13% over the past 30 days. This downswing delivered the first October in six years to close in the red, and November has already notched double-digit declines. Adding to the timing, the slump arrives just as McDonald’s brings back the infamous McRib … Read more

Bitcoin Options Traders Shrug off the Dip With Calls Leading Puts Across Markets

Bitcoin’s derivatives markets remain active early Saturday as bitcoin hovered between $95,871 and $96,341 over the last hour at 9 a.m. EST, with traders scrambling to reposition after bitcoin spent the week tumbling back under the six-figure threshold for the first time since June. Futures Traders Cut Risk While Options Flow Points to Continued Volatility … Read more

Long-Sleeping Bitcoin Wallet Reemerges After 9 Years, Moves 216 BTC Worth $22.47M

On Friday, while bitcoin floated just north of the $100,000 mark, a 2016-era whale suddenly woke up—moving 216.95 BTC valued at $22.47 million after sitting still for 9 years and 4 months. Dormant 2016 Wallet Makes a Splash Talk around town has zeroed in on OG bitcoin holders shifting hefty stacks of long-idle coins. Since … Read more

Stream Finance Rocked by $93M Blow—Project’s Stablecoin XUSD Peg Craters to $0.24

On Monday, the decentralized finance (DeFi) protocol Stream Finance announced that an external fund manager misplaced a jaw-dropping $93 million in Stream assets — sparking an immediate investigation and halting all withdrawals and deposits. In the chaos that followed, the DeFi project’s stablecoin XUSD lost its footing, tumbling to a painful low of $0.2473 per … Read more

World Liberty Financial Launches 8.4M Token Distribution as USD1 Stablecoin Adoption Climbs

World Liberty Financial (WLFI), the decentralized finance (DeFi) venture linked to the Trump family, is making good on its promise to reward early supporters. The company announced that centralized exchange (CEX) partners will distribute 8.4 million WLFI tokens to users who helped boost the adoption of its USD1 stablecoin through its points program. Trump-Linked DeFi … Read more

Chilean Authorities Probe World’s Domiciliary Eye Scanning Activities Pilot

Chilean authorities from the consumer protection watchdog SERNAC are investigating the company that will provide domiciliary iris scanning services to World, formerly Worldcoin. The measure comes after the institution asked the courts to suspend the project activities last month. World Faces Opposition From Chilean Authorities Regarding Domiciliary Eye Scanning Activities World, the eye-scanning-based identification project, … Read more