Crypto News
Public Miner Bit Digital Sunsets BTC Mining Operations for ETH Staking
Nasdaq-listed cryptocurrency firm Bit Digital, Inc. (BTBT) announced Wednesday it will fully transition from bitcoin mining to become a dedicated ethereum staking and treasury company. Bit Digital Transitions to Pure-Play Ethereum Staking Company The strategic shift, disclosed on June 25, 2025, follows the company’s accumulation of ethereum ( ETH) and staking infrastructure since 2022. BitSource link
Bitcoin Holds Above $107K Ahead of Friday’s Big Options Expiry With $102K Max Pain Price
Bitcoin BTC traded in a tight range just during U.S. hours Thursday ahead of a big options quarter expiry on Friday.The top cryptocurrency is currently trading for $107,500, down 0.2% in the past 24 hours, while the CoinDesk 20 — an index of the top 20 coins by market capitalization, except for stablecoins, exchange coins and stablecoins — lost 0.9% in the same period of time."This Friday marks one of the largest option expiries of the year on Deribit,” Jean-David Péquignot, chief commercial officer at Deribit, told CoinDesk. BTC options open interest stands at $40 billion, Péquignot said, and 38% of these contracts will expire on Friday. “Max pain price for Friday is at $102,000, with a put/call ratio of...
Bitcoin Headed for One of the Largest Options Expiries of the Year
Bitcoin faces one of its largest options expiries with $15 billion in contracts set to expire Friday as volatility hits multi-year lows.Source link
Lingerie Fighting Championships to Add $2M in Bitcoin to Treasury Ahead of Expansion to UK
The bitcoin treasury trend — which has seen many firms globally adopting Michael Saylor’s strategy — entered a new phase on Thursday.Lingerie Fighting Championships (BOTY), a Las Vegas-based women’s MMA league, announced plans to acquire $230,000 worth of bitcoin within 30 days and up to $2 million over the next six months.The decision to add BTC to its treasury coincides with LFC’s first shows in the UK. LFC43: Sindependence Day 2 is set for July 4 in London and has already sold out. LFC44: Underground Knockouts follows in Cardiff on July 6.The firm did not provide any explanation for its bitcoin adoption in its press release. However, CEO Shaun Donnelly told CoinDesk that LFC believed that "bitcoin has lots of...
Tether, Blackstone Vets Raising $1 Billion for Public Bitcoin, Ethereum and Solana Treasury
Former Tether and Blackstone execs plan to build a publicly traded crypto treasury spanning Bitcoin, Ethereum, Solana, and more.Source link