Cryptocurrencies

US President Donald Trump’s son Eric criticized greedy bankers fighting co-stablecoins that benefit ordinary people.

Bitcoin’s rebound to the $70,000 mark (it was trading at $68,000 at midday in Hong Kong) appeared to be driven more by repositioning than conviction, according to market maker Enflux, which said the move mainly reflected the closing of short positions after traders set themselves up for a bear market amid geopolitical news.

Solana Mobile has opened up access to the Solana Mobile Stack (SMS) software platform to third-party Android smartphone manufacturers. The integration will allow native Web3 functionality to be added to any mobile device.

Bitcoin pulled back to $66,700 as traditional markets opened with the first opportunity to react to the weekend’s military escalation, with oil soaring to $77 and Asian stocks falling 1.4 percent.

Bitcoin approached the $63,000 mark in Saturday trading after the U.S. and Israel carried out military strikes on Iran, sending the largest cryptocurrency tumbling about 3 percent in a matter of hours and exacerbating an already challenging weekend for risky assets.

When US President Donald Trump signed an executive order creating a strategic bitcoin reserve in 2025, private companies, investment banks and experts immediately began urging the world’s key central banks to consider a similar move. Kevin Warsh, Trump’s nominee for chairman of the US Federal Reserve, last year supported the idea in an interview, calling bitcoin “the new gold”.

AllUnity, a joint venture between DWS, Galaxy and Flow Traders, has expanded its list of stablecoins with a new token pegged to the Swiss franc, which has become a favorite hedge asset for big banks and analysts.

American Bitcoin (ABTC), a bitcoin (BTC) mining company backed by President Donald Trump’s family, reported a $59 million loss in the fourth quarter amid a sharp drop in the price of the largest cryptocurrency, driving down the value of its assets, Logos Press reported.

Cryptocurrency markets continue to be feverish, with high volatility and uncertainty in trends for most currencies and positions, according to Logos Press.

Mark Zuckerberg’s US tech giant Meta plans to enter the stablecoin market later this year, according to Logos Press.

Bitcoin fell to $65,400 in U.S. trading on Monday after failing to sustain a modest overnight recovery, Logos Press reported.

Santiment, a cryptocurrency analysis firm, has released its latest estimate of which crypto assets may be overvalued or undervalued based on 30-day MVRV data for large market capitalization assets, Logos Press reported.

Crypto-assets of the population are not protected, as their circulation in Moldova is not regulated, and all offers of profitable investments, coming allegedly from the National Bank or other state institution, are false, reports Logos Press.

The difficulty of mining bitcoin has increased by 15%. This is the largest increase since 2021, according to Logos Press.

In Chisinau, law enforcers detained two administrators of a call center engaged in fraud through fictitious investments in cryptocurrencies and financial services. In total, the damage caused to customers, mostly Romanian citizens, amounts to more than 9 million Moldovan lei, Logos Press reported.

Bitcoin trading remained volatile on Thursday, rising to around $67,000 after briefly falling to around $65,900, according to Logos Press.

US fast food restaurant chain Steak ‘n Shake, which introduced bitcoin payment acceptance in May 2025, said it has “significantly” increased its sales, Logos Press reports.

The draft law on crypto-assets, to be elaborated by the end of the year, is one of the most “sensitive” for institutions supervised by the National Bank of Moldova (NBM). Its drafting is being assisted by an OSCE expert, Logos Press reported.

Cryptocurrencies started the shortened week in the U.S. on a downward trend, with bitcoin dipping below the $67,000 mark on Tuesday, breaking out of a narrow weekly range of $68,000-$70,000, according to Logos Press.

Ethereum co-founder Vitalik Buterin has expressed concern over the current state of prediction markets and warned that the growing reliance on uninformed speculators threatens the viability of the sector, according to Logos Press.