US Government Asks for $1M in Forfeiture from Ex-Celsius Exec Ahead of Sentencing

Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius, will likely turn over more than $1 million as part of a forfeiture order by US authorities ahead of his sentencing hearing. In a Tuesday court filing, US Attorney for the Southern District of New York Jay Clayton said that Cohen-Pavon had…

The Protocol: Solana’s ‘Alpenglow’ upgrade is live for testing

Network News “ALPENGLOW” UPGRADE LIVE FOR TESTING ON SOLANA: Solana developer Anza said that Alpenglow, the network’s biggest proposed consensus overhaul to date, is live on a community test cluster, marking a major step toward a potential mainnet rollout. The update means validator operators can now test software designed to move Solana from its current…

First US Hyperliquid ETF Clocks $1.2M Inflows on Debut

Crypto asset manager 21Shares’ first Hyperliquid exchange-traded fund in the US drew $1.2 million in net inflows and saw $1.8 million in trading volume on its Nasdaq debut. “Very very solid day and better than your average ETF launch for sure but nothing too crazy,” Bloomberg analyst James Seyffart said as the ETF finished its…

Four-Year Highs In US PPI Data Cost Bitcoin the $80,000 Mark

Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm. Key points: Bitcoin price action sees fresh downside pressure thanks to US PPI inflation reaching its highest since 2022. Odds of further financial tightening by the Federal Reserve increased in a headwind for crypto. BTC price analysis sees…

Iran Central Bank’s OFAC-Sanctioned Tron Wallets Mapped by Arkham

Blockchain analytics platform Arkham has published what it says is a public, onchain map of crypto wallets attributed to Iran’s central bank, making a pair of US-sanctioned Tron addresses publicly searchable for investigators and the wider public. The move could increase scrutiny of how Iranian-linked entities use stablecoins and blockchain networks to move funds outside…

Ether Struggles Below $2.4K As Spot ETH ETF Demand Slumps

Ether (ETH) has tested the $2,400 resistance five times over the past month, with each breakout attempt losing momentum near that level. The stalled price action comes as spot Ether exchange-traded funds (ETFs) recorded just $500 million in inflows since March. Ether reserves on Binance exchange climbed by 400,000 ETH, and ETH futures traders also…

Farage Faces UK Standards Probe over $7M Gift from Crypto Billionaire

Reform UK leader Nigel Farage is reportedly facing a parliamentary standards inquiry over whether he failed to declare a 5 million pound ($6.7 million) gift from crypto billionaire Christopher Harborne. The UK Parliamentary Standards Commissioner has opened an inquiry into whether Farage breached House of Commons rules by not registering the payment, the BBC reported…

Upexi Stock Falls Amid Q3 Widened Net Loss on Solana Holdings

Shares in Solana treasury company Upexi fell 8.16% on Tuesday after reporting a widened net loss of $109 million in its fiscal third quarter, driven by a fall in the value of its crypto holdings.  The company reported $92.3 million in unrealized losses on digital assets, according to a filing on Tuesday. This was despite…

Bitcoin Could Surge as AI Race and War Fuel Money Printing says Hayes

The ongoing war in Iran and the race to dominate the AI sector will result in money printing that could benefit the crypto ecosystem and push Bitcoin back to its all-time high this year, according to Arthur Hayes, the chief investment officer of crypto investment fund Maelstrom. In a Substack post on Tuesday, Hayes said…

Exodus Posts $32M Loss as Wallet Revenue Craters 37%, Sells 1,076 BTC

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated the bulk of its Bitcoin treasury to fund acquisitions. Total revenue came in at $22.7 million for the three months…