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Author: James Wilson
Strategy Invests $2.57 Billion in Bitcoin as AJC Mining Launches New Bitcoin Cloud Mining Contracts
Entering 2026, the global cryptocurrency market remains highly active. Strategy’s $2.57 billion Bitcoin purchase once again highlights institutional investors’ continued interest in the long-term value of Bitcoin. It has also brought greater attention to Bitcoin Cloud Mining and Cryptocurrency Mining among global users. As Bitcoin and crypto assets become more widely adopted, more users are looking for ways to participate in cryptocurrency mining. However, traditional mining usually requires purchasing mining machines, covering electricity costs, and having the technical ability to maintain equipment. For ordinary users, the entry barrier can be relatively high. Against this background, Cloud Mining has become a…
The New York Stock Exchange has filed a rule change with the U.S. Securities and Exchange Commission to allow tokenized versions of eligible securities to trade on its market. Summary NYSE wants tokenized securities to trade beside traditional shares on the same exchange order book. Eligible tokenized assets must keep the same ticker, CUSIP, rights, and privileges as originals. Clearing and settlement would remain through DTC, keeping tokenized trading inside existing market rails now. The filing adds to a wider push by major exchanges to bring blockchain-based settlement into regulated market systems. The SEC notice shows that NYSE filed the…
Coinbase says Senate negotiators have reached a deal on a disputed crypto bill provision tied to stablecoin rewards. Summary Coinbase says negotiators reached a rewards compromise, easing a key delay for the CLARITY Act. Banks secured limits on deposit-like yield, while crypto firms kept activity-based user rewards under rules. The Senate markup path now depends on committee support, regulatory details, and wider political backing. The agreement could help the CLARITY Act move toward a Senate markup after months of delay. According to a Reuters report, the debate centered on whether crypto firms and stablecoin issuers should offer rewards to customers.…
Ripple CTO Emeritus David Schwartz has pushed back against claims that a non-disclosure agreement or “gag order” controls his public comments about Ripple and XRP. Summary David Schwartz denied gag order claims, saying no NDA forces him to mislead XRP holders publicly. He questioned $10,000 XRP forecasts, arguing market behavior does not support those claims today now. Ripple secrecy rumors remain disputed as Schwartz says no hidden plan exists to pump XRP. The dispute followed fresh community criticism over his recent comments on extreme XRP price targets. Schwartz responded after an XRP community member claimed he may be bound by…
New York Attorney General Letitia James has secured more than $5 million from crypto platform Uphold. Summary Uphold will pay over $5 million directly to customers affected by the failed CredEarn product. New York said CredEarn users were not told about risky lending behind advertised returns clearly. The settlement adds to New York’s wider enforcement push against crypto products and market operators. The settlement relates to Uphold’s promotion of CredEarn, a crypto savings product tied to Cred, LLC. The New York Attorney General’s office said Uphold promoted CredEarn between January 2019 and October 2020. The product was marketed to users…
Coinglass data show Ethereum longs face about $874m in liquidations below $2,206, while shorts risk roughly $403m above $2,412, creating two key forced‑flow bands. Summary Coinglass data show that if Ethereum’s price drops below $2,206, cumulative long liquidations across major centralized exchanges would reach about $874 million. On the upside, a clean break above $2,412 would flip pressure onto shorts, with roughly $403 million in cumulative short liquidations triggered on mainstream CEXs at that level. These bands mark two key liquidation “walls” where concentrated leverage could turn a 5%–6% move in spot ETH into a much larger derivatives-driven cascade in…
Bitcoin has reclaimed $78,000 on Gate’s BTC/USDT pair, extending a rebound from $76,000 and keeping the market within range of the closely watched $80,000 level. Summary Gate’s BTC/USDT market shows Bitcoin trading at about $78,004, up 2.15% over the past 24 hours and back above a key resistance area traders have been watching all week. The move extends a broader rebound from lows near $76,000, keeping BTC within striking distance of the psychologically important $80,000 level highlighted in recent price commentary. Derivatives and ETF flows remain the main drivers, with prior sessions already seeing BTC oscillate between the mid‑$70,000s and…
Coinbase Asset Management announced CUSHY on April 30, a tokenised stablecoin credit fund for qualified institutional investors running on Ethereum, Solana, and Base, with Apollo handling private credit origination, Superstate issuing tokenised shares via FundOS, and Northern Trust administering the fund. Summary Coinbase CUSHY targets yield from three sources: public digital credit, private asset-based lending through Apollo, and structural alpha from tokenisation incentives and on-chain market positions. CUSHY is the first external fund issued on Superstate’s FundOS platform, which already manages over $1 billion in AUM through Superstate’s own USTB and USCC products. COIN stock rose 3.7% on the April…
Summary HyperInsight data show Huang Licheng has boosted his Bitcoin long to about $14.5 million with more than 40x leverage, opening around $76,357 and facing liquidation near $72,904.5. He is also running a 25x leveraged Ethereum long worth roughly $23.3 million, with an average entry price of $2,311.63 and a liquidation level at $2,202.7. The positions, taken on derivatives venue Hyperliquid, put tens of millions of dollars in notional exposure at risk if BTC and ETH see even mid‑single‑digit pullbacks from current levels. According to monitoring shared by on‑chain and derivatives tracker HyperInsight, high‑profile trader Huang Licheng has sharply increased his…
Ripple CTO Emeritus David Schwartz has pushed back against a resurfaced 2017 post in which he said XRP could not stay “dirt cheap,” rejecting the community’s reading of it as a price guarantee and separately dismissing claims that Ripple holds any hidden mechanism to massively reprice the token. Summary The 2017 post stated XRP could not be dirt cheap if it handled large global transaction volumes, but Schwartz said the comment was about how liquidity needs and transaction value relate. Schwartz said he considered deleting the post but decided against it, saying removing it would create more confusion rather than…