Crypto Market News

Market News

Check out the news cycle for the past 24 hours and see what’s moving the market today!

Strive Buys 2,822 Bitcoin, Reports $369M in Expected Warrant Proceeds

Nasdaq-listed Strive bought 2,822 BTC for about $235M on Oct. 12-13 and reported $369.2M in expected warrant proceeds, taking holdings to about 35,595 BTC.

Solana Alpenglow starts on October 21 in epoch 1064: what matters now for stakers

The Solana Foundation has set the date for the Alpenglow consensus upgrade: epoch 1064, Wednesday October 21, at around 15:00 UTC. If you have delegated SOL, settle two details about your validator beforehand, or the staking rewards for one…

“Not a sell-off”: Ethena CEO says investor’s on-chain moves were a security precaution

Ethena founder and CEO Guy Young has said that the large investor onchain transfers that occurred over the past 48 hours were a defensive move tied to the recent Ledger hardware wallet scare. He wrote in a post on X that it is not a sign…

VanEck withdraws SEC registration for its Lido Staked Ethereum ETF

VanEck's ETF withdrawal highlights regulatory challenges and uncertainty in integrating crypto staking with traditional finance. VanEck withdraws SEC registration for its Lido Staked Ethereum ETF.

Bitwise CIO says all roads still lead to Bitcoin regardless of AI boom or recession

Bitcoin's resilience amid diverse economic scenarios highlights its potential as a long-term asset, regardless of short-term market fluctuations. Bitwise CIO says all roads still lead to Bitcoin regardless of AI boom or recession.

Pearl crypto surges 228% in a month — But what exactly is PRL?

There are two camps in the community right now. One is raving about the rise of Pearl [PRL], while the other wonders what it is.

Solana price at $103.82 with 12 percent fewer open futures positions: will the $100 level hold?

Solana traded at $103.82 on Wednesday evening, only 3.7 percent above the $100 mark. On the futures market, open positions have shrunk by 12.1 percent within a week, and the funding rate has tipped to zero.

Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies

Sberbank will debut its bitcoin-related products in December.

Orchid Island Capital Sets October Dividend at $0.10 per Share

The mortgage-focused company also estimated a third-quarter net loss of $0.90 per share and a Sept. 30 book value of $6.02 per share.