Crypto News
Sony Just Launched an Ethereum Network—Will It Get PlayStation Games?
PlayStation maker Sony launched its Ethereum network Soneium this week, and games are coming—but will we see Kratos and other PS5 icons?Source link
Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is procured fromSource link
DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges
Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined $38.5 million in civil penalties to settle securities fraud charges with the U.S. Securities and Exchange Commission (SEC).The crypto venture capital firm will bear the brunt of the financial penalty, paying $30 million in fines, while Moro will personally be liable for a $500,000 penalty. In addition to the fines, both DCG and Moro agreed to a cease-and-desist order. Neither DCG nor Moro admitted to any wrongdoing. Moro is currently the chief strategy officer at INX.The charges stem from DCG and Genesis’ response to the collapse of crypto hedge fund Three Arrows Capital (3AC) – Genesis’ second-largest borrower – in...
BTC Breaks $105K: Is the ‘Trump Pump’ or Institutional Adoption Fueling a $3.63T Crypto Economy?
On Friday, bitcoin rose to an intraday peak of $105,246 per coin, as the collective valuation of the crypto economy expanded by 3.12%, reaching a substantial $3.63 trillion. Crypto Sector Value Grows Amid Growing Institutional Confidence and Trump Speculation Bitcoin (BTC) appreciated 5.7% against the U.S. dollar, marking its ascent to $105,246. This development unfoldsSource link
Bitcoin Snaps Downtrend, Hits $105K as Anticipation Builds for Trump’s Inauguration
Bitcoin (BTC) hit its strongest price in U.S. dollar terms in 2025 on Friday and notched a new record against the British pound as excitement for a new era of crypto-friendly U.S. government mounts ahead of Donald Trump's inauguration next week.BTC topped $105,000 during the U.S. session, surging 5.2% over the past 24 hours and leading the broad-market crypto benchmark CoinDesk 20 Index higher. Of the CoinDesk 20 constituents, only NEAR, and Litecoin's LTC kept pace with bitcoin's gains, while solana (SOL) and Ethereum's ether (ETH) lagged with 3% advances. XRP posted a 4% decline, retreating from its record highs after a massive market-leading rally earlier this week.Crypto-related stocks are also moving higher. MicroStrategy (MSTR), the largest corporate BTC holder,...