Starting June 1, 2025, China enforces a sweeping ban on holding, trading, and mining cryptocurrencies, making the digital yuan the only legal tender. Offshore stablecoins are also restricted, dimming Hong Kong's crypto hub ambitions.
Bitcoin miner MARA Holdings is set to report Q1 earnings on May 11, with analysts forecasting $184.21M revenue and a $2.34 per-share loss. While BTC's 25% Q1 drop hit its holdings, the market focuses on its AI transition, including a $1.5B Long Ridge Energy acquisition and a 1GW data center partnership with Starwood.
Crypto markets sold off sharply on June 5, sending Bitcoin below $61,000 and Ethereum close to $1,600. CoinGlass data showed $1.22 billion in liquidations over 24 hours, affecting more than 257,000 traders.
Cursor released an iOS mobile app following SpaceX's $60 billion acquisition, letting developers command coding agents via phone, shifting from hands-on coding to reviewing outputs. The app is in TestFlight beta.
The Dropee Question of the Day on April 13, 2026 asks 'What word describes the money needed to build a product?' The correct answer is Development Cost. Includes step-by-step guide and safety tips.
Crossover Markets has introduced CROSSx Disclosed, letting institutions build custom liquidity pools with more than 30 OTC market makers while settling centrally through Ripple Prime and BitGo Prime.
Kraken Financial has received a Federal Reserve master account, becoming the first crypto-native bank with direct access to Fedwire for U.S. dollar settlement.
AMD said it will invest more than $10 billion in Taiwan, partnering with ASE, Powertech, Inventec and Sanmina, with a focus on advanced packaging capacity for AI chips.
