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Odaily Planet Daily reports that Hyperscale Data, a Bitcoin treasury company listed on the NYSE American (a subsidiary of the New York Stock Exchange), has announced an equity offering ATM (Automated Teller Machine) fundraising plan. It will raise up to $50 million through irregular sales of common stock. The net proceeds will reportedly be used to continue purchasing Bitcoin, develop Hyperscale Data's data center in Michigan, and for general corporate purposes, including repaying, refinancing, redeeming, or repurchasing future debt or equity. (PRNewswire)

Odaily Planet Daily reports that Brooklyn prosecutors said Friday that a 23-year-old resident, Ronald Spektor, is charged with stealing $16 million worth of cryptocurrency from approximately 100 Coinbase users. Using the online alias "lolimfeelingevil," Spektor allegedly impersonated a Coinbase representative and persuaded users to send cryptocurrency to accounts under his control. Last year, blockchain detective ZachXBT released an investigative report on Spektor. (Decrypt)

According to Odaily Planet Daily, Galaxy Research released its 2026 cryptocurrency market forecast, predicting that Bitcoin will reach $250,000 by the end of 2027 (or possibly 2026). The forecast also suggests that Bitcoin's price is roughly equal to or below $50,000 by the end of 2026. The analysis states that 2026 is too chaotic and difficult to predict, but Bitcoin reaching a new all-time high in 2026 is still possible. Currently, the options market rates the probability of Bitcoin reaching $70,000 or $130,000 by the end of June 2026 equally, and the probability of reaching $50,000 or $250,000 by the end of the year equally.

According to Theblock, Republican Senator Cynthia Loomis' term will end in January 2027, but she has indicated she will not seek re-election. She posted on the X platform on Friday that the events of last fall left her exhausted. Senator Loomis is the chair of the Senate Banking Committee's Subcommittee on Digital Assets, and she has been actively involved in congressional efforts to regulate the cryptocurrency industry for the past few years. She has worked closely with New York Democratic Senator Kirsten Gillibrand to advance comprehensive legislation aimed at establishing a regulatory framework for digital assets, including clarifying regulatory responsibilities among agencies such as the Securities and Exchange Commission and the Commodity Futures Trading Commission. The Senate Banking Committee has been actively advancing this legislation through numerous meetings, with participants including Democrats, Republicans, cryptocurrency industry representatives, and stakeholders from the traditional financial sector. The current goal is to amend the bill and pass committee review early next year, but this still needs to be combined with ongoing work by the Senate Agriculture Committee. Afterward, the bill will need a full Senate vote and be reconciled with the version passed by the House this summer.