Bitcoin was trading around $57,000 after retreating from the $60,000 resistance level, down 2.4% over the past 24 hours. The CoinDesk 20 Index (CD20) fell 2.3%.

Iris Energy continues to focus on Bitcoin mining, despite analysts deeming its Texas site unsuitable for AI. IREN shares fell nearly 14% after the Culper Research report.

Partior, a joint venture between JPMorgan, DBS and Standard Chartered, has raised $60 million in Series B funding. Partior aims to create a unified blockchain interbank payment system for instant clearing and settlement.

CME and CF Benchmarks announced the launch of indices and benchmark rates for XRP and Internet Computer (ICP).