The price of Bitcoin has fallen below the $60,000 mark, driven by concerns over potential interest rate hikes and significant outflows from spot exchange-traded funds (ETFs). The cryptocurrency is now on pace for its first back-to-back quarterly loss since late 2022.
Cryptocurrency companies have contributed $189 million to influence the 2026 U.S. midterm elections, making the sector the largest corporate source of election funding, according to a new report. This spending already exceeds the industry's total from the 2024 election cycle.
Cryptocurrency exchange Bybit has launched its "Fiat & Pay Summer Splash" campaign, offering a share of a 25,000 USDT prize pool to eligible users. The promotion rewards participants for completing qualifying fiat deposits and transactions with Bybit Pay until July 15, 2026.
Global blockchain technology firm BTSE Group has announced the launch of BTSE Indonesia, a regulated digital asset exchange, through a joint venture with PT Aset Kripto Internasional. The move marks the company's entry into one of Asia's most rapidly expanding cryptocurrency markets.
The price of Bitcoin climbed above $64,000 on Monday, with positive remarks from President Donald Trump helping to counter downward pressure from recent sales by major corporate holder MicroStrategy.
Despite a 54% drop from its peak, analysts at Bernstein view the current Bitcoin bear market as a sign of maturity, noting the correction is significantly shallower than the 75-90% drawdowns of previous cycles.
Major U.S. technology companies are establishing a significant corporate presence at the Calgary Stampede, an event traditionally focused on the energy sector. This move signals growing interest in Alberta as the Canadian province actively seeks to attract large-scale data center development.
Shares of Banco Santander dropped on Wednesday following reports of a significant overhaul in its Asia-Pacific operations and potential job reductions in Spain. The decline was compounded by broader weakness in Spanish and global equity markets.
France's competition authority has directed Meta Platforms to restart negotiations with French media groups concerning unpaid fees for the use of their content. The regulator found that Meta likely abused its dominant market position and has given the company 15 days to propose a payment plan.
