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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Almost nine out of 10 underwater internet cable failures over the past decade caused little to no disruption to the Bitcoin network, according to new academic research. Random Failures Vs. Targeted Cuts The study, published in February by researchers Wenbin Wu and Alexander Neumueller of the Cambridge Centre for Alternative Finance, tracked 68 confirmed cable fault events between 2014 and 2025. Data shows 87% of those incidents knocked fewer than 5% of Bitcoin nodes offline. Price impact was essentially nonexistent — the correlation coefficient between cable failures…
Japanese bitcoin treasury firm Metaplanet (3350) said it raised about 40.8 billion yen ($255 million) from global institutional investors through a placement of new shares, part of a financing structure that could provide up to $531 million in total capital to support its bitcoin accumulation strategy.The Tokyo-listed company priced the new shares at a 2% premium to the market price. The placement was paired with fixed-strike warrants carrying a 10% premium, which could generate an additional 44.5 billion yen if exercised.The company also introduced a new series of moving strike warrants with what it described as the first mNAV (multiple…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has reclaimed the $2,250 level as the broader cryptocurrency market shows signs of a short-term bullish recovery following weeks of volatility and downward pressure. The recent move higher suggests that buyers are gradually regaining control of the market, with traders closely watching whether ETH can maintain momentum above this key technical level. Beyond the price action, new on-chain developments are also attracting attention across the Ethereum ecosystem. According to data from blockchain analytics platform Arkham, the Ethereum Foundation staked ETH for the first time ever approximately…
Law enforcement agencies from the U.S., U.K. and Canada started a joint initiative called Operation Atlantic aimed at disrupting cryptocurrency fraud schemes known as approval-phishing attacks, the Ontario Securities Commission (OSC) said Monday.The scams work by prompting victims to approve malicious wallet permissions through fake alerts or pop-ups that appear to come from trusted apps or services, the OSC said. Once access is granted, criminals gain control of the wallet and can transfer funds. Because blockchain transactions cannot be reversed, recovery becomes difficult once assets leave a victim’s account.Cryptocurrency scams generated at least $14 billion in onchain revenue in 2025,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A fresh clash between XRP critics and defenders broke out on X after Chainlink Community Liaison Zach Rynes (@ChainLinkGod) argued that the XRP investment thesis has failed to keep pace with how crypto markets and financial infrastructure have evolved. His central claim was blunt: the XRP Ledger is now a “ghost chain,” while the use case once pitched for XRP as a bridge asset has largely been overtaken by stablecoins and broader interoperability infrastructure. Rynes framed the dispute around what he called the long-running retail thesis behind…
Bitcoin BTC$75,139.99 surged past $75,000 early Tuesday, helped by shifting dynamics in the derivatives market.Prices hit a high of $75,800, convincingly topping the long-term resistance corridor between $73,750 and $74,400, which reversed price trends three times since 2024, according to CoinDesk data.The so-called bullish breakout happened as traders closed bearish short positions initiated during the early February sell-off.”In bitcoin, the recent move has been driven largely by sizeable put selling around the $55,000 and $60,000 strikes, as traders increasingly recognized that these options were unlikely to expire in the money with only days remaining. The unwinding of these downside hedges…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has reclaimed the $70,000 level and is now testing resistance near $74,000, signaling renewed strength after several weeks of volatile price action. The recent move higher suggests that buyers are regaining control as market sentiment begins to improve, with traders closely watching whether BTC can sustain momentum above this critical resistance zone. Beyond the price chart, derivatives market data is beginning to reflect a notable structural shift. According to top analyst Axel Adler, Bitcoin’s Integrated Market Index, a model designed to measure aggregate pressure from the…
Crypto wealth platform Abra said it plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values the firm at $750 million.The combined company will be renamed Abra Financial Inc. and is expected to list on Nasdaq under the ticker ABRX, according to an announcement.The transaction could deliver as much as $300 million in cash from the SPAC’s trust account, though the final amount depends on shareholder redemptions and deal expenses.Founded in 2014 and based in San Francisco, Abra provides a range of services for crypto investors. Its platform…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Bitcoin mining Hashrate has witnessed a significant drawdown since the high at the start of March, a sign that miners are leaving. Bitcoin Hashrate Has Seen Its 7-Day Average Value Plummet Recently The “Hashrate” refers to an indicator that tracks the total amount of computing power that’s currently attached to the Bitcoin network. Its value is measured in terms of hashes per second (H/s) or the more practical exahashes per second (EH/s). Miners connect computing power to the cryptocurrency network to solve certain mathematical…
Ethereum’s ether (ETH) is stealing the spotlight in Monday’s crypto rally, climbing to a six-week high as investor demand show signs of return to the second-largest digital asset after months of bruising declines.Ethereum’s native token, ETH, rose to above $2,300, gaining more than 10% over the past 24 hours. That easily outpaced bitcoin’s 3% advance and the CoinDesk 20 Index’s roughly 5% gain, signaling a shift in momentum toward assets beyond bitcoin.The move comes after a torrid stretch for the broader crypto market, including ether. With the rebound, ETH is still down more than 50% from its August record high…