Category: Other Crypto News

Anthropic Reopens Pentagon Talks as Trump Weighs Supply Chain Risk Label

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Anthropic CEO Dario Amodei has reportedly reopened negotiations with the US Department of Defense in a last-minute effort to secure continued access to Pentagon contracts as the company faces the possibility of being labeled a supply chain risk by the Trump administration. Amodei has been holding discussions with Emil Michael, the US undersecretary of defense for research and engineering, to finalize terms governing the military’s use of Anthropic’s artificial intelligence models, the Financial Times reported, citing people familiar with the matter. A new agreement would allow the Pentagon to keep…

XRP Price Retests Decade-Old Trendline That Previously Triggered 630%+ Rallies

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The XRP price returned to a technical level that, historically, has defined some of its most explosive rallies. After enduring a sharp 62% correction that culminated in a drop toward $1.10 on February 6, the token is once again testing its long-term ascending support trendline. Amid this, the broader crypto market has shown signs of recovery this week, offering some relief. On Wednesday, the XRP price rebounded roughly 6%, while Bitcoin (BTC) climbed back above the critical $70,000 level, restoring a measure of optimism across risk assets despite ongoing global…

Crypto Stocks Soar as US Regulators Push Ahead

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Crypto-related stocks surged on Wednesday as recent pro-crypto commentary from the US presidential campaign pushed Bitcoin and the broader crypto market higher. Alongside a rise in the cryptocurrency market, the Bitcoin (BTC) treasury company Strategy spiked by more than 10%. Crypto exchange Coinbase registered a more than 14% gain, while miners Hut 8 clocked 13.89% and American Bitcoin Corp rose 11.65%. Dominick John, an analyst at Zeus Research, told Cointelegraph the promise of clearer regulations on the near horizon could be one of the factors fueling the rally. Bitcoin treasury…

US Should Act On Bitcoin, Not Just Praise It: Trump Ex-Advisor

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The US government is sitting on roughly 378,372 Bitcoin worth more than $24 billion, according to data from Arkham Research. Yet more than a year after US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve, no new Bitcoin has been purchased. Related Reading The government has not gone beyond the digital assets it already held from criminal seizures. David Bailey, a former crypto advisor to the Trump administration, says that gap tells the whole story. Liking Is Not Enough: Bailey “Liking Bitcoin is not enough,” Bailey…

Solana (SOL) Rally Builds, Traders Watch Critical $100 Test

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

A16z Crypto Raises $2 Billion Fund Amid Market Downturn

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Crypto venture capital giant Andreessen Horowitz is doubling down on crypto despite a major market downturn, seeking $2 billion for a new crypto fund. A16z Crypto, the blockchain arm of venture capital firm Andreessen Horowitz, is raising a fifth crypto-focused fund, with plans to close by mid-2026, Fortune reported on Wednesday, citing anonymous sources. The latest round is significantly smaller than its previous $4.5 billion fund from 2022, but the company has shifted to a shorter fundraising cycle to remain flexible to ever-changing crypto narratives.  The move comes amid a…

Europol, FBI Wipe Major Crime Forum LeakBase Off The Web

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An international law enforcement operation involving the US Federal Bureau of Investigation, Europol and other agencies has taken down one of the internet’s most notorious cybercrime forums, LeakBase.  The forum was a place for hackers to buy and sell stolen data and cybercrime tools, amassing more than 142,000 members and over 215,000 messages. “The FBI, Europol, and law enforcement agencies from around the world executed a takedown of LeakBase, one of the largest online cybercriminal platforms, seizing users’ accounts, posts, credit details, private messages, and IP logs for evidentiary purposes,”…

From Contraband to Cash Flow? Paraguay To Mine Bitcoin With 30,000 Seized Rigs

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Paraguay’s state‑owned electricity monopoly, Administración Nacional de Electricidad (ANDE), has signed a Memorandum of Understanding (MoU) with infrastructure firm Morphware to launch a government‑run Bitcoin mining program powered by thousands of confiscated mining machines and surplus hydroelectric power. Related Reading In a first‑of‑its‑kind move, Paraguay state power company is about to become a Bitcoin miner. ANDE has signed a formal agreement with Morphware to to build a state‑run mining program that uses two things the country already has in abundance: seized mining rigs and cheap hydroelectric power from the Itaipú…

Tech Giants Sign Pledge to Cover AI Power Costs

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US technology giants have signed a White House pledge to cover the power costs of their artificial intelligence data centers, which the Trump administration says will ensure consumers don’t pay higher utility bills. The non-binding “Ratepayer Protection Pledge” was signed by Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI on Wednesday, promising the companies would “build, bring, or buy” the energy needed for building and operating data centers and not pass on costs to consumers. “The data centers […] They need some PR help,” US President Donald Trump said at…

Bitcoin Price Jumps 8%, Breakout Hopes Reignite Across Crypto Markets

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Bitcoin price started a steady increase above $70,000 and $72,000. BTC is now consolidating and might aim for more gains above $72,800. Bitcoin started a fresh increase after it settled above the $68,800 support. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $72,000 and $70,800 levels. Bitcoin Price Rallies Above $70,000 Bitcoin…