Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data. Bitcoin…
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Hut 8’s earnings swing to loss as Bitcoin halving bites [btcmanager]
Hut 8 Corp. reported a steep first-quarter loss and a nearly 58% revenue drop, as the lingering effects of last year’s Bitcoin halving and costly equipment upgrades took a toll. Bitcoin (BTC) mining firm Hut 8 Corp. posted a sharp…
Steak ‘N Shake to accept Bitcoin payments this month [btcmanager]
Steak ‘N Shake has declared that all its outlets nationwide will start accepting Bitcoin payments starting from May 16 as part of shift towards cryptocurrency. In a recent post, the American fast-food chain announced that it will provide its more…
Meta may be eyeing stablecoin payments for Instagram creators [btcmanager]
Meta could be looking to re-enter the cryptocurrency space by integrating stablecoin payments across its platforms. On May 8, five sources familiar with the development told Fortune that the tech giant is in early talks with crypto infrastructure firms to…
Sui integrates Axelar Network for cross-chain interoperability amid short-term price rally [btcmanager]
Sui has integrated Axelar Network to enable liquidity access and cross-chain interoperability across top chains. For builders and institutions looking for scalable, secure multichain deployments, the announcement, which was shared by both teams on May 8, marks a major turning…
Sui integrates Axelar Network for cross-chain interoperability amid short-term price rally [btcmanager]
Sui has integrated Axelar Network to enable liquidity access and cross-chain interoperability across top chains. For builders and institutions looking for scalable, secure multichain deployments, the announcement, which was shared by both teams on May 8, marks a major turning…
Ethereum rallies 20% as ETH reaches its most undervalued level relative to BTC since 2019 [btcmanager]
Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives…
Ethereum rallies 20% as ETH reaches its most undervalued level relative to BTC since 2019 [btcmanager]
Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives…
Dow gains 250 points, Bitcoin reclaims $100k after Trump promotes U.K. trade deal [btcmanager]
Markets were flashing green on Thursday as trade tensions eased following confirmation of a trade agreement between Washington and London. The Dow Jones Industrial Average gained 254 points, or 0.62%, while the S&P 500 lagged slightly with a 0.58% gain.…
Amid market volatility, Lightchain AI’s bold strategy sparks investor confidence [btcmanager]
Lightchain AI is winning over investors with its AI-powered blockchain vision despite the crypto market’s high volatility. #partnercontent