Category: Bitcoin News

Senate Asked to Not Axe Crypto Developer Protection Bill

admin

Crypto industry lobby Coin Center has sent a letter to the US Senate Banking Committee urging it to follow through with a bill that seeks to prevent well-intended crypto developers from being prosecuted.  The Blockchain Regulatory Certainty Act (BRCA) was first introduced by House Representative Tom Emmer in September 2018, with a new version of the bill written last month by Senators Cynthia Lummis and Ron Wyden to clarify that software developers and infrastructure providers who do not control user funds are not money transmitters under federal law. Coin Center…

HIVE Revenue Jumps 219% as AI Expansion Offsets Bitcoin Price Weakness

admin

HIVE Digital Technologies delivered a record fiscal third quarter despite weaker Bitcoin prices, suggesting that its expansion into artificial intelligence and high-performance computing is offsetting broader crypto-market headwinds. For the quarter ended Dec. 31, 2025, HIVE reported $93.1 million in revenue, a 219% increase from a year earlier. Gross operating margin expanded more than sixfold year over year to $32.1 million, representing about 35% of revenue. The strong performance came even as Bitcoin (BTC) prices declined about 10% during the quarter and network difficulty rose about 15%, conditions that have…

Quantoz Gains Visa Membership to Issue Stablecoin Debit Cards

admin

Dutch payments company Quantoz Payments has become a principal member of Visa, enabling it to issue virtual debit cards backed by its regulated e-money tokens and sponsor third-party fintechs seeking to offer stablecoin-linked payment products across Europe. Under the agreement, Quantoz will be able to issue Visa-branded virtual cards tied to balances held in its USDQ, EURQ and EURD e-money tokens, allowing users to spend those funds online, in stores and through mobile wallets. The company will also act as a BIN sponsor, enabling fintech partners to embed card issuance…

Bitcoin Bears Cap BTC At $70K Despite Negative Funding

admin

Key takeaways: Bitcoin’s futures funding rates briefly turned negative, signaling that bullish traders currently lack the conviction to use leverage. Uncertainty regarding the long-term profitability of artificial intelligence has pushed investors toward gold and US government bonds. Bitcoin (BTC) failed to reclaim the $70,000 level on Tuesday following a retraction in the S&P 500 futures. Traders are concerned that investments in the artificial intelligence sector could take longer to mature, which pressured shares of Nvidia (NVDA US), Apple (AAPL US), and Google (GOOGL US) on Friday. Bearishness in Bitcoin futures…

Bitcoin Price May Drop Another 20% Amid Alarming Whale Activity

admin

Key takeaways: A developing bear pennant keeps a BTC price drop toward $56,000 in play. Rising whale inflows to Binance further the downside outlook. Bitcoin (BTC) may slide deeper into February as its bearish chart structure converges with renewed whale activity on Binance. Bear pennant setup hints at 20% BTC price decline Bitcoin has been painting what appears to be a bear pennant setup on its daily chart. A bear pennant pattern forms when the price consolidates inside converging trendlines after a sharp drop, called the “flagpole.” It often resolves…

Kraken Integrates OTC Desk with ICE Chat for Institutions

admin

US-based crypto exchange Kraken has integrated its over-the-counter desk with Intercontinental Exchange’s ICE Chat, enabling institutional traders to access Kraken’s crypto liquidity directly through a messaging platform widely used across global financial markets. ICE Chat connects more than 120,000 market participants, including banks, brokers and trading desks that use the system for real-time deal negotiation and execution. The integration allows those clients to communicate directly with Kraken’s OTC desk within their existing trading workflows. Kraken said it is the first cryptocurrency platform approved to connect to ICE Chat, placing its…

Dragonfly Raises $650M Fund as Crypto VC Landscape Evolves

admin

Crypto venture capital firm Dragonfly Capital has closed its fourth fund, raising $650 million to invest in what it sees as the next phase of blockchain companies.  The new vehicle is Dragonfly’s fourth fund, according to an X post by fund general partner Rob Hadick. Fortune reported that rather than chasing consumer apps, the firm hinted that it is targeting more traditional financial products built on blockchain rails, including credit card-like services and money market-style funds, as well as tokens tied to real-world assets such as stocks and private credit.…

Nakamoto to Buy BTC Inc, UTXO in $107M Stock Deal

admin

Nakamoto, the Bitcoin treasury company formerly known as KindlyMD, has signed definitive agreements to acquire BTC Inc and UTXO Management GP, advancing its plan to build a Bitcoin-native operating company. The transaction will be financed entirely with Nakamoto’s common stock under a previously disclosed call option contained in a Marketing Services Agreement (MSA) with BTC Inc. The MSA granted Nakamoto the right to acquire BTC Inc, which in turn held a call option to acquire UTXO, the company disclosed Tuesday.  Under the terms, BTC Inc and UTXO holders will receive…

Bitcoin Falls Under $70K As US VIX Index Signals Risk-off Conditions

admin

Bitcoin (BTC) price continues to compress under $70,000 on Tuesday, and data suggests that the risk of new year-to-date lows remains a risk if bulls fail to turn the level into support. The whipsaw nature of Bitcoin’s price surged as US market volatility climbed back above a critical level, and Treasury yields saw their sharpest weekly drop in months. Analysts suggest this macro backdrop may hint at an extended slowdown phase for BTC price, while onchain data shows traders still waiting for a stronger bullish catalyst. Key takeaways: The CBOE…

Bitcoin Grabs Bid Liquidity Below $67,000 As Iran Tensions Flare

admin

Bitcoin (BTC) dipped below $67,000 at Tuesday’s Wall Street open as risk assets responded to new geopolitical pressures. Key points: Bitcoin joins stocks in a geopolitics-driven sell-off to the start the US TradFi trading week. Bid liquidity gets crunched with the BTC price range still firmly in place. Strategy adding to its BTC stack failed to offer any relief for Bitcoin bulls. Tension in Iran keeps Bitcoin under pressure Data from TradingView showed daily BTC price losses of more than 3.8% on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin and…