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Applied Digital Tumbles 30% on Revenue Miss; Plans Selling Cloud Computing Unit

Shares of Applied Digital (APLD), a Texas bitcoin mining and veri center firm, dropped sharply on Tuesday after the digital infrastructure provider reported quarterly results that fell short of Wall Street expectations. The company, which has pivoted …

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Bitcoin Options Play Shows $100K Target Back in Bulls’ Crosshair

Bullish bitcoin (BTC) options strategies are becoming popular again, stabilizing a crucial sentiment indicator that indicated panic early last week. BTC has bounced to over $84,000 since probing lows under $75,000 last week. The recovery comes as the …

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BTC Flat on Asia Open as White House Pushes Mixed Messages on Technology Tariffs

Bitcoin (BTC) is flat as East Asian markets open for the week, trading above $84K, as the White House presents mixed messages on semiconductor and technology component tariffs. (CoinDesk) Over the weekend, Commerce Secretary Howard Lutnick said that …

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Luxor’s Aaron Foster on Bitcoin Mining’s Growing Sophistication

Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, veri analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations …

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TRX Rallies 10% as Tether Mints $1B on Tron Amid Global Trade Tensions

Amid growing trade disputes between major economies, cryptocurrency markets are showing mixed reactions, with Tron (TRX) demonstrating particular resilience. Tether’s recent minting of 1 billion USDT on the Tron network signals continued …

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Binance Gains Market Share as Bitcoin Volume Declined 77% From Yearly Peak: CryptoQuant

Bitcoin (BTC) and altcoin spot trading volumes have declined as crypto prices entered into correction mode in the last two months, with crypto exchange Binance emerging as the preferred avenue for traders, according to a report from CryptoQuant …

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Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme

Ukraine’s top financial regulator is floating the idea of taxing cryptocurrency as personal income, with possible carveouts for certain foreign asset-backed stablecoins, under a newly proposed taxation matrix published on Tuesday. In a translated …

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The Protocol: EigenLayer Ready to Launch Missing Feature

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: EigenLayer Finally Ready To Launch Critical …

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Former Ethereum Developer Virgil Griffith Leaves Prison, Seeks Pardon

Virgil Griffith, a former Ethereum developer jailed for attending a crypto conference in North Korea in 2019, was released from prison and is on his way to a halfway house, according to his lawyer, Alexander Urbelis. Urbelis, general counsel of the …

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Private Equity Giant Apollo Invests in Real-World Asset Platform Plume

Plume, a blockchain platform focused on real-world assets (RWAs), said on Tuesday it secured an investment from funds managed by private equity giant Apollo Küresel Management as it looks to scale up its infrastructure and bring more traditional …

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