Latest Crypto & Bitcoin News

Cryptocurrency values surged above $60,000, reaching its highest point since 2021. Enthusiasts are waiting to see if it can achieve a new record high during the current rally.

Elon Musk’s father’s ‘Musk It’ memecoin jumps 350%, beats Dogecoin, Shiba Inu

Elon Musk’s father, Errol Musk, launches the Musk It (MUSKIT) memecoin, surging 355% in a day and outperforming Dogecoin and Shiba Inu.

TheStreet 57 minutes ago

MicroStrategy keeps buying more Bitcoin. Here's how much it owns now

Bitcoin maximalist MicroStrategy (MSTR) has extended its Bitcoin buying spree, raising $584 million through a perpetual convertible preferred stock offering to fund additional Bitcoin purchases. Initially, MicroStrategy targeted $250 million for its capital raise, but demand ballooned the offering threefold. As a result, the final issuance totaled 7.3 million shares, priced at $80 each.

Grayscale launches dogecoin-focused fund as altcoin adoption picks up pace

The Grayscale Dogecoin Trust will offer investors an opportunity to gain exposure to a token that the company believes has "transitioned from a memecoin... to a tool for global financial inclusion and a viable means of payment". Investors are hunting for gains beyond bitcoin, and firms like Grayscale are looking to tap into the growing popularity of altcoins — a term used for crypto tokens other than the world's biggest cryptocurrency. "Dogecoin is helping groups underserved by legacy financial infrastructure to participate in the financial system," said Rayhaneh Sharif-Askary, Grayscale's head of product and research.

Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing

The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.

Bitwise Secures SEC Approval for Combined Bitcoin and Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has granted approval for Bitwise’s combined Bitcoin and Ethereum exchange-traded fund (ETF) on an accelerated basis.

UBS Tests ZKSync's Layer-2 Tech, Showing Deeper TradFi Interest in Crypto

The Swiss banking giant, which has been experimenting with blockchain, tapped the layer-2 firm to test whether it could scale its current Key4 Gold program.

Grayscale Unveils New Dogecoin Trust

The asset manager said the token has transitioned from a memecoin to a tool for global financial inclusion.

MicroStrategy Raises $563 Million From Preferred Stock Sale

(Bloomberg) -- MicroStrategy Inc. has raised $563 million through a debt-like equity offering to help finance its purchase of more Bitcoin.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials The perpetual strike preferred stock was sold for $80 a

Canadian bitcoin miner Bitfarms mulls pivot to AI data centers

Crypto miners often own large plots of land and significant power resources — assets that are also crucial for high-performance computing (HPC) and AI data centers. To capitalize on the AI boom, many miners have begun to repurpose parts of their operations into data centers, given they already have most of the infrastructure. Critics of the approach, however, warn that the shift may not be successful because AI data centers are more sophisticated.

Crypto Daybook Americas: USDC Takes January Crown as Bitcoin Looks to Core PCE Data

The day ahead in crypto: Jan. 31, 2025

Is the dollar’s dominance at risk? Bitcoin soars, Fed shifts — Weekly Wrap

Bitcoin surges past $105K as pro-crypto policies gain momentum. Treasury Secretary Scott Bessent backs Bitcoin while US states and global banks explore reserves.

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