Tesla (TSLA) still holds almost $1 billion in bitcoin, according to the automaker's latest earnings report. The electric vehicle firm reported digital asset holdings worth $951 million as of March 31, down from $1.076 billion on Dec. 30. Tesla currently holds 11,509 bitcoin in its balance sheet, according to Bitcoin Treasuries data. The change is almost certainly due to bitcoin's price depreciating between the two quarters. Data from Arkham Intelligence indicates that Tesla did not perform any transactions in the last three months. Arkham marks Tesla's holdings as being currently...

Crypto-related stocks surged on Tuesday, riding the momentum of a broader crypto rally that has reignited risk appetite across digital assets with bitcoin (BTC) crossing above $90,000. Shares of Strategy (MSTR), the largest corporate BTC holder, and crypto exchange Coinbase (COIN) were up 8% to 9% during the session. Leading the move higher were bitcoin miners, with many of them posting double-digit gains, outpacing BTC's 5% advance.

Avalanche's AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index (DLCS), has demonstrated exceptional bullish momentum, surging from 1403.33 to 1461.17 in the last 48 hours, representing a 4.12% gain, while the overall range spans 95.56 points (6.97%) from the low of 1365.61 to the high of 1461.17.

The European Central Bank is seeking changes to the European Union's Markets in Crypto Assets legislation (MiCA) just months after the regulation took effect because it's concerned U.S. support for crypto could lead to economic damage in the 27-nation bloc, Politico reported Tuesday. The bank is demanding a rewrite of MiCA, whose stablecoin provisions came into force last June and which took full effect at the end of last year, a position that brings it into conflict with the European Commission, Politico reported, citing a policy paper. Neither the ECB...

Paul Atkins has taken the oath to formally become chairman of the U.S. Securities and Exchange Commission, which returns Mark Uyeda to his previous role as a Republican Commissioner after three busy months of service as the agency's stand-in chief. Atkins permanently replaces the former chair, Gary Gensler, who the crypto industry had widely seen as its chief antagonist in the U.S. government. But Uyeda and fellow Commissioner Hester Peirce have already put the SEC on a path toward greater acceptance of digital assets, forming a crypto task force, shedding...

As the crypto space consolidates, MoonPay is quietly becoming the infrastructure layer for the next wave of Web3. With over 30 million verified users across 160 countries and a fully licensed global stack, the company is enabling everything from fiat onramps to embedded DeFi experiences. Originally launched to make wallet top-ups seamless via Apple Pay and debit cards, MoonPay now powers API-first solutions used by nearly every major DeFi app. “We started with a simple question, how do you top up your wallet?” MoonPay's CEO and co-founder Ivan Soto-Wright told...

Bitcoin (BTC) surged to $90,000 for the first time since March 7, adding more than 5% in the past five days as the paths of the largest cryptocurrency and traditional equities diverge. In comparison, the S&P 500 was trading above 5,700 points on March 7 and has since slipped below 5,200. Despite the recent bounce, bitcoin remains down more than 5% year to date. It has, however, recovered significantly from its April 8 low, when it was down nearly 20% on the year. Disclaimer: This article, or parts of it,...