In brief Bitcoin hit $106,000 before slipping 3.8% to $102,450 in a matter of hours Ethereum tumbled 4.3% on Monday to $2,400, prompting $264.4 million worth of liquidations The Federal Reserve warned that Trump’s tariffs […]
In brief DeFi Development Corp. announced a collaboration Friday with Solana meme coin Bonk. The pair will collectively work to generate greater stake in a joint validator node. Shares of DFDV finished Friday up more […]
In brief Cryptocurrency markets experienced a pullback Thursday, with Bitcoin dropping to $101,500 amid profit-taking after recent rallies. Major altcoins saw steeper declines than Bitcoin, with Ethereum down 3% and XRP, Solana, and Dogecoin each […]
In brief Robinhood has agreed to purchase WonderFi for $179 million. The acquisition marks Robinhood’s entry into the Canadian market. Robinhood and WonderFi shares popped after the announcement. Robinhood plans to enter the Canadian crypto […]
About the author Howard Wu is the founder of Aleo and CEO of Provable, a company building tools for confidential, compliant payments and developer infrastructure on zero-knowledge blockchains. A UC Berkeley graduate with a background […]
Crypto-stealing malware Inferno Drainer remains in operation despite publicly shutting down—and has has been used to snatch over $9 million from crypto wallets over the past six months. According to cybersecurity firm Check Point Research, […]
In brief Adidas and Xociety are launching 2,600 limited edition NFT mystery boxes containing Adidas-themed character skins for the Sui-based game on May 16. The $129 NFT boxes include digital Adidas clothing sets of varying […]
In brief Strategy unveiled its second-smallest Bitcoin purchase of 2025 The firm bought 1,895 Bitcoin, growing its stash by 0.3%. Bernstein and Benchmark reiterated positive ratings last week. Strategy, formerly known as MicroStrategy, acquired 1,895 […]
In brief Brown University reported exposure to nearly $5 million worth of Bitcoin via ETF shares. The university had 105,000 shares of BlackRock’s IBIT ETF as of March 31. The Ivy League’s Brown University has […]
In brief Bitcoin surged past $96,000 in early May, rebounding 28% from April’s $75,000 bottom and reaching its strongest position since February’s steep correction. Analysts attribute Bitcoin’s price appreciation to institutional interest, including major purchases […]
© Copyright 2025 TheCryptoMagic.com
