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Chart of the Week: ‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low

Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can …

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XRP Resembles a Compressed Spring Poised for a Significant Price Move as Key Volatility Indicator Mirrors 2024 Patterns

The price action for XRP and bitcoin (BTC) resembles a tightly compressed spring on the verge of uncoiling with a sudden release of energy. That’s the message from a key volatility indicator called Bollinger Bandwidth. Bollinger Bands are volatility …

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Trump’s Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading

TRUMP, the memecoin tied to U.S. President Donald Trump, gained more than 9% in the past 24 hours following a $320 million token unlock. The price now sits around $8.40, still down more than 88% from its peak above $71 on Jan. 18. The recent unlock …

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Slovenia Moves to Tax Crypto Profits at 25%

Slovenia’s finance ministry has proposed a 25% tax on capital gains from cryptocurrency starting in 2026, under a draft law aimed at closing a gap in the country’s tax system. The tax will apply to profit made when individuals sell crypto for fiat …

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Canary Capital Files for Tron ETF With Staking Capabilities

Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron’s native token, TRX, according to a filing. The hedge fund submitted a Form S-1 for the Canary Staked TRX ETF with the Securities and Exchange Commission …

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Feds Mistakenly Order Estonian HashFlare Fraudsters to Self-Deport Ahead of Sentencing

Just four months ahead of their criminal sentencing for operating a $577 million cryptocurrency mining Ponzi scheme, the two Estonian founders of HashFlare were seemingly mistakenly ordered to self-deport by the U.S. Department of Homeland Security …

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Friends With Benefits Grows Up

When Friends With Benefits burst into crypto consciousness in 2020, it was the kind of FOMO-inducing project that immediately had people talking. With a wink-wink, sexy name and members including musicians Erykah Badu and Azealia Banks, it was a club …

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Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors

Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday. The first contracts, EUR/USDand GBP/USD, are now live on Kraken …

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KiloEx’s ‘Sophisticated’ Hack Shows DeFi Risks — But This Time, Recovery Was Swift

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, said Friday it recovered all of its hacked funds after a sophisticated attack this week left users reeling with losses of around $7 million. The DEX is working to close the kanunî …

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Bitcoin Volatility Expected as 170K BTC Shift From Mid-Term Holders: CryptoQuant

Bitcoin (BTC) is likely headed for a period of heightened volatility as 170,000 BTC — worth over $14 billion at its current price of $84,500 — have moved from wallets held for three to six months, a cohort often linked to market turning points …

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