Daily Crypto News & Musings

Latest Crypto Industry News and Insights

Adam Back Says Altcoins and Memecoins Are Headed for Zero as Bitcoin Holds Stronger Ground

Adam Back is back on his usual beat: calling out altcoins, memecoins, and other speculative tokens as long-term dead weight. The Blockstream CEO says these assets should eventually be priced at zero, and he’s annoyed it has taken the market this long to get the memo. Back says altcoins and memecoins have no lasting value […]

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Adam Back Warns Many Altcoins and Memecoins Could Go to $0 as Bitcoin Dominance Holds Near 59%

Adam Back says many altcoins and memecoins may eventually be priced as if they are worth nothing, and the market backdrop is not doing them any favors. With Bitcoin dominance holding near 59% and a large share of smaller tokens still trading near their lows, the Bitcoin veteran’s warning is landing in a market that […]

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Bank of America 13F: Bitcoin ETFs Beat Ether, Solana as Strategy Stake Surges

Bank of America’s latest 13F filing shows a clear tilt toward Bitcoin-linked products, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the bank’s reported crypto exposure while Ether, Solana, and XRP remained much smaller side bets. About $53 million in crypto ETF exposure reported IBIT was the largest crypto ETF holding Bitcoin dominated over Ether and […]

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CFTC Crypto Oversight Faces Heat Over Polymarket, Prediction Markets and Enforcement Pullback

CFTC crypto oversight is under fresh scrutiny after a New York Times report said senior officials who raised concerns about prediction market firms were sidelined, investigated, and pushed out. The dispute reaches Polymarket, Crypto.com, and a Gemini affiliate, while a broader fight over prediction markets, crypto regulation, and federal versus state authority keeps getting messier. […]

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Crypto Liquidations Hit $2.3M as Bitcoin and Ethereum Trigger Short Squeeze

Crypto derivatives just delivered a clean reminder that leverage cuts both ways: about $2.3 million in liquidations hit the market over the past 24 hours, and the sharpest move was a short squeeze that crushed bearish traders across major exchanges. $2.3026 million liquidated in 24 hours Longs took the larger hit overall Shorts were squeezed […]

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Buffett’s Price vs Value Lesson Hits Hard in Crypto Markets

Warren Buffett’s cleanest lesson is back in the crypto conversation: price and value are not the same thing, and the market spends plenty of time pretending otherwise. Price is shaped by liquidity, sentiment, momentum, and leverage. Value comes from utility, quality, and durability over time. Crypto can soar without fundamentals improving, and crash without the […]

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BitMine BMNR Joins Russell 3000 as Ethereum Proxy Stock Gains Institutional Access

BitMine Immersion Technologies (BMNR) just got a bigger seat at the adult table, and that could mean more passive money flowing into a stock that’s increasingly being treated as a public-market wrapper for Ethereum exposure. BMNR added to the Russell 3000 in the 2026 annual reconstitution Index funds and ETFs may be forced to buy […]

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ZachXBT Says StablR Contracts Hacked for $3M, EURR and USDR Depeg 20%

24 May 2026 Daily Feed , ,

Blockchain investigator ZachXBT says StablR-linked contracts hacked for more than $3 million, EURR & USDR crash by 20%, sending the project’s euro-pegged EURR and dollar-pegged USDR tokens down roughly 20%. More than $3 million reportedly stolen EURR and USDR fell about 20% ZachXBT linked the exploit to StablR-related contracts Stablecoin “stability” still depends on code, […]

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Sigbash Targets Better Bitcoin Custody Without a Soft Fork

Bitcoin custody needs better tools, and Sigbash is trying to deliver them without forcing a soft fork or turning Bitcoin into a consensus chess match for protocol nerds. The idea is straightforward: make self-custody safer with covenant-like policies, better recovery, stronger privacy around co-signing, and more practical long-term storage options. Sigbash aims to enable covenant-like […]

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FDIC Proposes Tougher AML Rules for Bank-Backed Stablecoin Issuers

FDIC proposes anti-money laundering rules for bank-affiliated stablecoin issuers The FDIC is moving to tighten anti-money laundering rules for bank-affiliated stablecoin issuers, putting fresh pressure on one of crypto’s most useful — and most politically sensitive — payment tools. FDIC stablecoin rules are being proposed Bank-linked issuers face tougher AML compliance Stablecoin regulation keeps colliding […]

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US Treasury Sanctions Sinaloa Cartel Associates Over Crypto Money Laundering Allegations

The U.S. Treasury has sanctioned associates of the Sinaloa cartel over alleged cryptocurrency money laundering, putting another spotlight on how digital assets can be used for illicit finance. It’s a reminder that crypto is neither magic fairy dust nor some uniquely criminal invention. It’s just money tech — and like every money rail before it, […]

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Stablecoins Are Becoming Crypto’s Payment Rails as Adoption Moves Beyond Trading

Stablecoins are moving from crypto’s trading floor into the rails of everyday commerce. What started as a parking spot for traders is now powering remittances, payroll, vendor payments, and online purchases with the kind of speed and predictability the old banking system still struggles to deliver. From speculation to utility: Stablecoins are increasingly used for […]

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FDIC Proposes AML and Sanctions Rules for Stablecoin Issuers

The FDIC is tightening the screws on stablecoin issuers, proposing anti-money laundering and sanctions rules that would pull regulated issuers squarely into the banking compliance machine. For more context, the push is laid out in Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers. FDIC proposes AML and sanctions rules for supervised stablecoin issuers […]

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