Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter ended March 31, up 33% from the year prior. … Read more
GnosisDAO acquired financial platform HQ.xyz for $15 million, rebranding it as Gnosis HQ to expand enterprise-focused Web3 financial tools, the company announced this week. GnosisDAO Acquires HQ.xyz for $15M The acquisition positions Gnosis HQ as a dedicated platform for crypto-native and traditional businesses seeking self-custodial payment solutions. It will offer a Visa corporate card accepted … Read more
Pi Coin price holds above the $1 psychological level at $1.19 as the anticipation grows around Pi Network’s major ecosystem announcement today. Additionally, the project’s founder is set to speak at the ConsenSys event, where he could reveal an update regarding Pi Network. In anticipation of this update, Pi Coin price targets a major breakout … Read more
Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets. During a panel on May 14 at Consensus 2025 in Toronto, she said the NY estate is frequently asked to … Read more
Tom Schmidt joined Dragonfly Capital after hands-on experience with 0x and Big Tech product roles. He prefers substance over hype, backing DeFi projects solving real-world technical problems. In a world full of technical jargon and token hype, there’s one name that rarely makes a big splash but has a deep footprint: Tom Schmidt. Most people … Read more
TL;DR Shiba Inu (SHIB) is gaining momentum, with analysts pointing to certain catalysts for a potential triple-digit price surge in the current cycle. Cardano (ADA) is described as “built to last,” with some predicting a breakout to $1.60 in the short term and possibly $3 by year-end. SHIB Bull Run on the Way? The popular … Read more
Crypto founders are heading to Washington, DC, to meet with lawmakers ahead of another expected vote on a stablecoin bill that initially failed in the Senate, according to Coinbase CEO Brian Armstrong. In a May 14 X post from the US Capitol rotunda, Armstrong said as many as “60 [crypto] founders” had gathered in DC … Read more
Bitcoin In a surprising shift, longtime Bitcoin critic Peter Schiff has acknowledged an unexpected use case for the cryptocurrency—albeit with a touch of irony. In a tweet posted on May 14, Schiff referenced Jim Chanos, the famed short-seller, who reportedly bought Bitcoin to hedge his short position in MicroStrategy ($MSTR), a company known for its … Read more
Cryptocurrencies, precious metals, and equities all slipped today after an energetic rally that carried markets higher over the past week and a half. Signs of fatigue are emerging, with momentum stalling across several asset classes. Meanwhile, bitcoin dropped to a mid-day low of $102,622. Markets Begin to Lose Steam BTC touched $102,622 during Wednesday’s mid-day … Read more
Regulations Three top-ranking House Democrats are calling on the U.S. Treasury to turn over all Suspicious Activity Reports (SARs) tied to Donald Trump’s crypto ventures, Elon Musk’s America PAC, and GOP fundraising platform WinRed, citing potential fraud, bribery, and predatory fundraising practices. Reps. Gerald Connolly, Joe Morelle, and Jamie Raskin—ranking members of the House Oversight, … Read more