Crypto News

Bitfarms Ltd. announced its Q2 2025 financial results, highlighting an 87% revenue increase and strategic moves in HPC/AI infrastructure, according to GlobeNewswire. (Read More)Source link

The mammoth deal effectively renders the pay-per-view (PPV) model in MMA obsolete, as all events will be made available on Paramount+ starting in 2026. UFC Lands $7.7 Billion Paramount Deal Back in 2018, the Ultimate Fighting Championship (UFC) and litecoin, one of the oldest cryptocurrencies, made headlines around the world with a sponsorship deal. ButSource link

The global crypto market cap rose 2% in the past 24 hours to $4.03 trillion as major cryptocurrencies posted gains. Bitcoin (BTC) added 2.3% to $118,527, ether rose 0.7% to $4,293. Solana and XRP each advanced 4.4% while Dogecoin gained 4.7%. The rallies came alongside heavy short liquidations, with risk sentiment improving after a relatively calm macro session.Derivatives PositioningFutures open interest (OI) in major tokens decreased over the past 24 hours, indicating a capital outflow. It's also suggestive of price losses being driven by the unwinding of long positions rather than outright short sales.XMR's perpetual futures appear overheated, with annualized funding rates exceeding 200%. The extremely high figure may prompt arbitrageurs to take a simultaneous long position in the spot...

EIGEN trades at $1.33 with mixed signals as unauthorized token sale investigation weighs on price despite Coinbase listing roadmap inclusion and Caldera partnership. (Read More)Source link

Plaintiffs allege that Fenwick & West designed shell companies and structures that enabled the theft of billions in FTX customer funds.Source link