Logan Hitchcock
106 articles
Bitcoin Exchange Deposits Surge as Analysts Predict Increased Volatility
Bitcoin deposits on exchanges spike to nearly 50,000 BTC daily, prompting concerns about volatility, according to CryptoQuant. The report indicates that rising average deposit sizes and increased activity among institutional investors could signal significant price movements.
2 days ago·Decrypt·Reported by Logan Hitchcock
Dave Portnoy Reports Losing Millions on Bitcoin as Prices Fall
Dave Portnoy, founder of Barstool Sports, shares that he's down millions on Bitcoin as its value declines significantly. He explains his struggles with trading and admits he has never been more wrong about an investment, as reported by Decrypt.
3 days ago·Decrypt·Reported by Logan Hitchcock
Russia Plans to Launch Digital Ruble by September 1, 2026
Bank of Russia Governor Elvira Nabiullina confirms the digital ruble will be ready for use by September 1, 2026, with major banks and retailers expected to accept it. However, reports suggest there is limited public interest in the central bank digital currency, according to Decrypt.
4 days ago·Decrypt·Reported by Logan Hitchcock
Securitize Launches Trading on NYSE, Tokenized Shares Available on Solana and Avalanche
Securitize has begun trading on the New York Stock Exchange, with its shares up over 8%. The tokenization firm previously announced $266 million in shares tokenized on the Solana and Avalanche blockchains, marking a significant milestone in decentralized finance, according to Decrypt.
4 days ago·Decrypt·Reported by Logan Hitchcock
SBI Crypto to Cease Bitcoin Mining Pool Operations by July 31
SBI Crypto, a subsidiary of the Japanese financial group SBI Holdings, announces it will shut down its Bitcoin mining pool services, currently the 11th largest globally, according to Decrypt. The firm plans to stop operations on July 31, 2026, amid a wider trend of miners pivoting towards artificial intelligence ventures.
4 days ago·Decrypt·Reported by Logan Hitchcock
Robinhood Launches AI-Native Ethereum Layer-2 Network and Tokenized Stock Trading
Robinhood has launched the public mainnet of its Ethereum layer-2 network named Robinhood Chain, designed to integrate AI-based trading with traditional finance. According to Decrypt, the network aims to enhance liquidity through partnerships and offers tokenized stock trading for select users outside the U.S.
5 days ago·Decrypt·Reported by Logan Hitchcock
Analysts Call CRCL Sell-Off Overreaction as Circle CEO Discusses Open USD Threat
Circle's CRCL shares fell 18% on July 1, 2026, amid news of a new stablecoin launch, according to Decrypt. Analysts from Clear Street believe the market response was excessive, noting strong partners do not guarantee success for the new competitor, Open USD.
5 days ago·Decrypt·Reported by Logan Hitchcock
Forward Industries Increases Holdings by Adding Over 500,000 SOL
Forward Industries shares rise nearly 17% after the firm announces the addition of over 500,000 SOL to its treasury during its fiscal Q3, as reported by Decrypt. With this acquisition, the company holds about 7.55 million SOL, valued at approximately $579 million, reflecting its strategy to enhance shareholder value.
5 days ago·Decrypt·Reported by Logan Hitchcock
Binance and Changpeng Zhao Face $200 Million Lawsuit from British Investors
Binance and founder Changpeng Zhao are embroiled in a U.K. lawsuit seeking nearly $200 million, as reported by Reuters. The suit claims the exchange offered risky financial products without proper regulatory approval, impacting around 1,700 investors, some of whom lost significant amounts in 2019.
6 days ago·Decrypt·Reported by Logan Hitchcock
Sharplink Makes First Ethereum Purchase in 2026 Amid Price Declines
Sharplink, an Ethereum treasury firm, bought around $16 million worth of Ethereum last week, marking its first acquisition since last year. The firm now holds approximately 886,725 ETH, valued at around $1.38 billion, according to Decrypt.
6 days ago·Decrypt·Reported by Logan Hitchcock
BitMine Expands Ethereum Holdings by $43 Million Amid Market Declines
BitMine Immersion Technologies adds $43 million in Ethereum to its balance sheet while halting Bitcoin purchases. The firm now holds over 5.7 million ETH worth approximately $9 billion, despite challenges in the cryptocurrency market as reported by Decrypt.
7 days ago·Decrypt·Reported by Logan Hitchcock
Jeremy Grantham Critiques Bitcoin, Predicts Crypto Will Fade
Billionaire investor Jeremy Grantham expresses skepticism toward Bitcoin and the broader cryptocurrency market, describing it as a "useless, speculative mechanism". Grantham predicts that cryptocurrency will gradually decline without much notice, as reported by Decrypt.
last week·Decrypt·Reported by Logan Hitchcock
Senators Question CFTC Over Alleged Deceptive Practices by Polymarket
Senators Adam Schiff and John Curtis demand answers from the CFTC regarding alleged deceptive advertising by Polymarket, as reported by Decrypt. They express concerns over the agency's enforcement of consumer protections and potential illegal gambling operations associated with prediction markets.
last week·Decrypt·Reported by Logan Hitchcock
Base Network Recovers from Block Production Issue Ahead of Upgrade
Base, an Ethereum layer-2 network supported by Coinbase, resolved a block production issue that caused an outage lasting over two hours, as reported by Decrypt. The outage coincided with a planned upgrade, and the network has since resumed operations.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
Story Protocol Rebrands as Data Network Focused on AI Training
Story Protocol has rebranded to Data Network, shifting its focus to AI training data while migrating its IP token to DATA. According to Decrypt, this move follows a significant decline of its previous token, which fell by 98% to around $0.349.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
Traders Anticipate Further Declines for Bitcoin and Ethereum
Traders predict continued price drops for Bitcoin and Ethereum following significant monthly losses, according to Decrypt. Market analysis suggests Bitcoin may fall to $55,000 and Ethereum to $1,500 before any rebounds occur, influenced by deteriorating market conditions and equity performance from Strategy.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
Meme Stock Traders Drive Share Surge for Wendy's
Meme stock traders have rallied around Wendy's shares, boosting them over 25% on June 24, 2026, according to Decrypt. Posters on Reddit's WallStreetBets call for action to "save" the fast-food chain, which has seen a dramatic decline in its stock price over the past five years.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
21Shares Concedes Bitcoin's 4-Year Cycle Remains Intact as Prices Fall
After Bitcoin dips below $60,000, 21Shares admits its earlier prediction of a break from the historical four-year cycle has not materialized. The firm notes a shift in market dynamics, indicating a milder drawdown compared to previous bear markets, according to Decrypt.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
