Crypto’s downturn is rippling through treasuries, ETFs and mining infrastructure, exposing how digital asset volatility reshapes balance sheets and operations.
Sam Bourgi
Sam Bourgi is a staff writer at Cointelegraph. He covers Bitcoin and the broader digital asset economy, focusing on the intersection of cryptocurrency, business, and traditional finance. He is the author of Cointelegraph’s Crypto Biz newsletter, which examines blockchain-related companies and venture capital activity. Bourgi holds a master’s degree in economics and public policy from McMaster University and has previously worked at research organizations and other crypto-focused media outlets.
- Newsletter
Crypto’s stress test hits balance sheets as Bitcoin, Ether collapse - News
Bitcoin miner production data reveals scale of US winter storm disruption New CryptoQuant data shows how January’s US winter storm disrupted Bitcoin mining as operators curtailed power use amid grid stress.
- News
Bitcoin sell-off pushes IBIT investor returns into the red — asset manager Based on dollar-weighted flows, aggregate returns for investors in BlackRock’s iShares Bitcoin Trust have turned negative following Bitcoin’s recent sell-off.
- News
Alternative inflation data shows sharp cooling in US CPI amid Fed uncertainty Real-time Truflation data show US price pressures easing, a shift that could reshape expectations for Fed policy and influence cryptocurrency and risk-asset markets.
- News
BitMine Immersion faces $6B paper loss as Ether sell-off deepens BitMine’s increasing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.
- News
CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone From crypto mining to AI compute, former cryptocurrency miners are reshaping data center economics as Big Tech’s grip on infrastructure begins to loosen.
- News
VC Roundup: Crypto funding rebounds as institutions test onchain finance From venture rounds to onchain credit, capital is moving cautiously back into crypto as institutions focus on infrastructure and real-world use cases.
- Newsletter
Gold is acting like the hedge Bitcoin promised to be As the dollar weakens, investors are turning to gold — onchain and off — while Bitcoin increasingly plays a supporting role in hedging currency risk.
- News
Changpeng Zhao rejects claims Binance worsened crypto market crash CZ pushed back on claims that Binance fueled October’s historic $19 billion crypto liquidation event, calling allegations against the exchange “far-fetched.”
- News
Liquidations knock Bitcoin out of world’s top 10 assets A wave of leveraged liquidations erased hundreds of billions in value, reshuffling Bitcoin’s standing among the world’s largest investable assets.
- News
Crypto custodian Copper weighs IPO as institutional demand grows: Report A potential listing would further legitimize digital asset custody as core market infrastructure rather than a niche service following BitGo's public launch.
- News
Escape Velocity raises $62M to back DePIN infrastructure projects The raise underscores venture investors’ selective return to infrastructure-heavy crypto bets as DePIN struggles to move beyond early token launches.
- News
Fed holds rate steady as recent dollar slide fuels Bitcoin, crypto debate The FOMC paused rate cuts, but a weakening dollar may be doing the easing instead, reshaping expectations for Bitcoin, crypto markets and US monetary policy.
- News
Fidelity readies digital dollar as stablecoins move into institutional finance Fidelity will issue a stablecoin through its newly approved national trust bank, signaling deeper institutional use of blockchain-based payment infrastructure.
- News
AI data centers hit same local resistance that slowed Bitcoin mining AI data center expansion is facing increasing local opposition over power, infrastructure and costs, echoing the resistance that once slowed Bitcoin mining.
- News
Nomura-backed Laser Digital seeks US bank charter amid crypto banking push: Report If approved, the move would let the company bypass state-by-state licensing and offer federally regulated crypto trading without taking deposits.
- News
USDCx appears on Aleo as privacy-focused blockchains seek stablecoin access The integration highlights how privacy-first blockchains are adapting to a stablecoin-driven crypto economy as demand grows for regulated, dollar-backed assets.
- News
Tokenized gold demand rises as US dollar weakens Tether’s XAUt tokenized gold now accounts for more than half of the gold-backed stablecoin market as the US dollar weakens amid renewed safe-haven demand.
- News
Ripple partners with Saudi bank unit on blockchain payments, custody Ripple’s agreement with Riyad Bank highlights growing institutional interest in blockchain for payments, custody and tokenization across global financial markets.
- News
BitGo’s IPO pop turns volatile as shares slip below offer price The digital asset custodian’s choppy debut reflects shifting investor sentiment and tighter scrutiny of new listings as crypto markets struggle to regain momentum.
- News
Grayscale seeks SEC approval for spot BNB ETF in expansion beyond BTC, Ether The product, if approved, would give US investors access to regulated BNB exposure without needing to hold the token themselves.
- News
Stablecoin supply growth stalls as regulation, Treasury yields bite Institutional compliance costs and higher Treasury yields are reshaping stablecoin issuance as growth shifts from rapid expansion to balance-sheet discipline.
- News
Bitwise launches actively managed ETF pairing Bitcoin with gold An actively managed fund blends Bitcoin, precious metals and mining stocks as asset managers expand crypto’s role in macro and capital-preservation strategies.
- Newsletter
Crypto’s bank-like turn puts JPMorgan on edge Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation.
- News
Behind the ‘Bitcoin lottery’ myth: NiceHash clarifies untagged BTC blocks Untagged Bitcoin blocks sparked solo-miner speculation before NiceHash confirmed they were mined during internal testing, highlighting limits of onchain attribution.
- News
Bitcoin’s renewed push to $100K sparked by fresh institutional demand Sustained US Bitcoin ETF inflows are supporting prices near $97,000, raising questions about whether institutional demand is reshaping Bitcoin’s market cycle.
- News
Figure Technology unveils blockchain platform for direct stock lending: Report The Nasdaq-listed company is rolling out an onchain equity system that, according to executives, allows real shares to be issued and lent directly using blockchain infrastructure.
- News
Yield-bearing stablecoins risk ‘dangerous’ parallel banking system: JPMorgan exec Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation.
- News
Crypto’s 2026 comeback hinges on three outcomes, Wintermute says Bitcoin’s muted 2025 rally and fading altcoin cycle point to a structural market shift, leaving crypto’s 2026 outlook tied to institutions, rates and retail return.
- News
CZ’s YZi Labs invests in trading terminal as DeFi execution takes priority The eight-figure investment in Genius Trading highlights how execution-focused tools are gaining relevance as crypto trading activity spreads across blockchains.