Tag: Breaking

Bitcoin fell 3% to $68,000 as of Thursday morning, reacting to the widening conflict in the Middle East and increased military presence in the region. President Trump has issued a Saturday deadline for the reopening of the Strait of Hormuz, a critical maritime route where one-fifth of global crude oil transit is currently stalled. Market volatility has spiked with oil prices rising and traditional equities sliding, challenging...

MemeCore (M) jumped 13% in 24 hours, hitting a market capitalization of $3.6 billion and securing its spot as the 30th-largest cryptocurrency. While legacy memecoins like DOGE, SHIB, and PEPE faced losses, MemeCore saw a monthly gain of 50%. The surge is attributed to the project’s positioning as a dedicated Layer-1 blockchain for “cultural finance,” supporting decentralized applications and gaming. MemeCore (M) has...

Balancer Labs, the corporate entity behind the Balancer protocol, is winding down due to legal liabilities and unsustainable operating costs. The decision follows a $116 million exploit in November 2025 that caused Total Value Locked (TVL) to plummet from $800 million to approximately $158 million. New governance proposals suggest cutting BAL emissions to zero, phasing out veBAL, and directing 100% of protocol fees to the DAO treasury. ...

Stablecoin issuer Tether has signed an agreement with an unnamed Big Four accounting firm to perform its first full independent financial statement audit.The move follows the 2025 passage of the GENIUS Act, which mandates rigorous annual audits for stablecoin issuers with high transaction volumes.Tether’s reserves, currently valued at approximately $184 billion, have historically been verified only through point-in-time attestations. ...

Bernstein analysts believe Bitcoin has found its local trough and is now positioned for a move toward $150,000 by year-end 2026. The firm points to resilient institutional demand and spot Bitcoin ETF inflows, which have absorbed over $56 billion to date. MicroStrategy (Strategy) continues to act as a “central bank of last resort” for Bitcoin, now holding approximately 3.6% of the total circulating supply. Bernstein’s research...