Day: 14 November 2025

Quick Breakdown  Bitfarms is winding down its Bitcoin mining operations and converting sites into AI/HPC data centres through 2026–2027. The Washington State facility will be the first fully transformed, with leadership calling AI the most profitable path forward for U.S. miners. Q3 results showed a $46M loss and revenue miss, ...

Quick Breakdown  Chainalysis and Operation Shamrock say pig-butchering scams now pose national security risks, not just consumer fraud threats. Scams are increasingly tied to human trafficking, money laundering and transnational crime networks in Southeast Asia. Governments respond with strike forces, sanctions, and coordinated crypto-asset freezes. Crypto romance scams take a ...

Quick Breakdown  Kalshi selects Coinbase Custody to safeguard USDC backing its event contracts. The partnership aims to enhance trust and institutional-grade stability in prediction markets. Comes amid Kalshi’s rapid 2025 expansion, soaring valuations, and broader market momentum. Kalshi chooses Coinbase custody for USDC security Kalshi has partnered with Coinbase Custody ...

Quick Breakdown  Aave Labs received MiCA authorization in Ireland, enabling regulated euro-to-stablecoin conversions via its Push service. Push launches with zero conversion fees, offering competitive access to GHO and other integrated stablecoins. The approval comes amid a global stablecoin market cap of $312B and rising regulatory activity in Europe. Ireland ...

Quick Breakdown  The Czech National Bank (CNB) has allocated $1 million to establish a test Bitcoin portfolio, marking one of the first such moves by a major European central bank. The initiative is purely exploratory, aimed at understanding the asset class, rather than a complete reserve strategy, with the central ...

Quick Breakdown  Coinbase accused U.S. banking groups of pushing an “unamerican” effort to ban stablecoin rewards and cashbacks. Banks warn that widespread use of stablecoin could trigger trillions of dollars in deposit outflows and threaten their business model. Coinbase argues that banks are protecting their $180B fee-generating payments system and ...

Quick Breakdown Haseeb Kerem, Managing Partner at Dragonfly, characterized the current cryptocurrency market correction as the easiest bear phase he’s witnessed. He emphasized that the market’s fundamentals remain strong and the system is functioning steadily, a sharp contrast to the 2022 failures of Terra, 3AC, and FTX. Despite the optimism, ...

Quick Breakdown: $BTC$’s correlation with the Nasdaq 100 Index has recently shown a distinct negative asymmetry, meaning the asset reacts more intensely to stock market downturns than it benefits from uptrends.  This structural negative bias is typically observed during broader crypto bear markets, making it a pronounced risk given $BTC$’s ...

Quick Breakdown  BitMine appoints Chi Tsang as CEO and adds three independent directors: Robert Sechan, Olivia Howe, and Jason Edgeworth. The company holds over 2.9% of Ethereum and aims to acquire 5% of the network, backed by institutional investors including ARK, Founders Fund, Pantera, and Kraken. New leadership strengthens BitMine’s ...

Quick Breakdown  Intchains acquired ECHOLINK for $1.3M, entering the PoS staking and validator market. The deal expands Intchains’ capabilities across Ethereum and multi-chain staking networks. Acquisition positions Intchains to tap blockchain-native yield and infrastructure revenues.   Intchains Group Limited has taken a significant step to reshape its long-term business model ...