Latest Crypto Industry News and Insights
House Crypto Tax Bills Stall as Democrats Slow Reform Push
House Crypto Tax Bills Hit a Bipartisan Wall as Democrats Push to Slow Reform Washington is once again proving it can turn even simple tax clarity into a knife fight. House Republicans want to move a set of crypto tax reform bills forward, but Democrats are pushing to slow the process, leaving Bitcoin users and […]
Read MoreU.S. Soldier Faces Dec. 7 Trial for Alleged Polymarket Insider Trading on Venezuela Bets
A Manhattan federal court has set a Dec. 7 trial for Gannon Van Dyke, the active-duty U.S. Army soldier accused of using classified intelligence to profit from Polymarket bets tied to Venezuela and Nicolás Maduro. Trial date: Dec. 7 in Manhattan federal court Defendant: Gannon Van Dyke, 38, active-duty U.S. Army soldier Allegation: Used classified […]
Read MoreCongress Debates Crypto Tax Overhaul as Bitcoin Payments and Rewards Face Relief
Congress is finally taking a serious look at crypto tax bills that could make Bitcoin payments, mining rewards, and staking rewards far less painful to report — but lawmakers are also worried the fix could become a loophole factory. House hearing opens crypto tax overhaul debate Supporters want tax clarity and less paperwork Critics warn […]
Read MoreBitcoin Weakness Driven by ETF Outflows, Not Quantum Computing Fears: Bernstein
Bitcoin’s recent weakness looks far less like a quantum apocalypse and far more like a simple liquidity problem: less money is coming in. Bernstein says the real pressure comes from slowing capital inflows, not from some sudden fear that quantum computers are about to turn Bitcoin’s cryptography into confetti. Weaker inflows are hitting Bitcoin harder […]
Read MoreMorpho Raises $175M as Institutional Onchain Lending Gains Momentum
Morpho has raised $175 million in fresh funding, putting a bigger spotlight on institutional blockchain lending and the push to bring credit markets onchain. $175 million raised in a major funding round Co-led by Paradigm, a16z crypto, and Ribbit Capital More than $11 billion in deposits on the protocol Built for institutions, fintechs, and programmable […]
Read MoreUK FCA Proposes 10% Crypto ETN Cap for Retail Funds as Adoption Grows
The UK’s Financial Conduct Authority is proposing a limited opening for retail funds to buy crypto exchange-traded notes, a move that gives mainstream investors more regulated exposure to digital assets without handing them the keys to the kingdom. FCA proposes a 10% cap on crypto ETNs for eligible retail funds Applies to UCITS and some […]
Read MoreJanus Henderson Backs Ethena as TradFi Embraces DeFi and USDe
Janus Henderson Invests in Ethena as DeFi and Traditional Finance Converge has made a clear bet that decentralized finance is no longer a side quest. The $480 billion asset manager has taken a strategic stake in Ethena’s ENA token and is working with the protocol on tokenized CLO funds, while also exploring broader use of […]
Read MoreKalshi Faces Regulator Referral Over Influencer Ads Amid Crypto Derivatives Expansion
Kalshi is getting a reminder that fast growth in finance comes with boring little things like disclosure rules, and regulators do not treat “oops, the influencer forgot the ad label” as a charming personality quirk. NAD referral: Kalshi refused a voluntary review of influencer ads Disclosure issue: Paid ties may not have been clearly revealed […]
Read MoreBitcoin Slips Below $63K as CFTC Expands Crypto Oversight and Malware Threat Grows
Bitcoin (BTC) slipped below the $63,000 mark as traders digested a messy mix of weaker ETF flows, expanding regulation, geopolitical pressure on digital assets, and a fresh macOS malware threat aimed at wallet users. The market still looks bullish on the long arc, but the short-term tape is reminding everyone that crypto never runs out […]
Read MoreCircle Launches cirBTC on Ethereum to Challenge WBTC and cbBTC
Circle has entered the wrapped Bitcoin arena with cirBTC, a 1:1 BTC-backed ERC-20 token on Ethereum mainnet built to challenge the long-dominant WBTC and the fast-rising cbBTC. Launch date: June 8, 2026 Chain: Ethereum mainnet Backing: 1:1 Bitcoin held in regulated custody Verification: Chainlink Proof of Reserve, in real time Target users: Institutions, OTC desks, […]
Read MoreRussia Targets USDT, USDC and BNB With New Crypto Fees and Limits
Russia is moving to squeeze Western-linked crypto assets with new fees, trading limits, and technical restrictions, putting USDT, USDC, and Binance’s BNB in the crosshairs. Fees, limits, and technical safeguards are being prepared USDT, USDC, and BNB are specifically named Investor protection is the official line; sanctions pressure is the real backdrop Cross-border crypto settlements […]
Read More200+ Crypto Firms Press Senate for CLARITY Act Vote Before July 4
More than 200 crypto companies are piling pressure on the U.S. Senate to vote on the CLARITY Act before July 4, but Washington’s favorite hobby remains the same: turning a supposedly urgent issue into a procedural swamp. 200+ crypto firms want a Senate vote “without delay” Coinbase, Ripple, Kraken, Circle, Binance US, and a16z backed […]
Read MoreHumanity Protocol’s $32M Hack Sparks Staged Exit Allegations After H Token Crash
Humanity Protocol says it suffered a $32 million crypto hack, but on-chain investigator ZachXBT wasn’t buying the official version at first. The result was a brutal mix of drained wallets, a 90% H token crash, and allegations that this may have been less “clean external hack” and more “something smells off here.” $32 million allegedly […]
Read MoreUS Crypto Tax Reform Targets Bitcoin, Staking, Stablecoins and Wash Sales
Washington is finally putting crypto taxes on the chopping block, and that could mean cleaner rules for Bitcoin, staking, stablecoins, and miners — or a fresh round of pain for traders who’ve been gaming the loopholes. Seven crypto tax bills are expected from the House Ways and Means Committee. Staking, mining, stablecoins, and wash sales […]
Read MoreBitcoin Near $60K: Extreme Fear, Whale Buying and ETF Outflows Clash
Bitcoin’s drop toward the $60,000 region has revived crypto’s favorite bad habit: treating “buy the dip” like a strategy instead of a slogan. Sometimes that works. Sometimes it’s just a fast way to catch a falling knife with both hands. Extreme fear: sentiment is crushed, but that alone does not mark a bottom. Mixed signals: […]
Read MoreBitcoin Rebounds Above $63K as AI Models Flag CPI, Fed and ETF Flows
Bitcoin has bounced back above $63,000, but the BTC price outlook still looks more like a macro-driven knife fight than a clean breakout. Two AI models — ChatGPT and Claude — both see a market that can trend higher, but only if inflation, Fed expectations, and liquidity conditions stop acting like a wet blanket. Bitcoin […]
Read MoreUganda Caps Cash Withdrawals as Mobile Money Tops $100B, Morocco Bets on AI and Digital Sovereignty
Uganda is putting the squeeze on big cash withdrawals as digital payments blast past $100 billion, while Morocco is leaning harder into AI, startup support, and digital sovereignty. Two very different strategies, same basic instinct: governments want to drag their economies into the digital age, whether everyone has caught up yet or not. Uganda cash […]
Read MoreHumanity (H) Crashes 88% After Exploit, Then Bounces as Hack Risks Linger
Humanity (H) suffered a brutal security shock, then bounced hard — but traders are still asking whether this is a real recovery or just a short-lived relief rally before another leg lower. 88% intraday collapse after a reported breach About $19 million reportedly drained from linked wallets Rebound from around $0.05 to near $0.10 by […]
Read MoreBitcoin Hits $59K as Analyst Sees Final Bear Market Stage Before $200K Rally
Bitcoin’s drop to around $59,000 has rattled traders, but analyst Alex Mason says the move may be part of the script rather than a breakdown. $59,000 drop sparked extreme fear across crypto Alex Mason says Bitcoin is in the final stage of the bear market $65,000 recovery first, then a possible slip to $57,000 $47,000 […]
Read MoreWhite House Moves to Resolve Law Enforcement Concerns Over CLARITY Act Crypto Bill
CLARITY Act News Update: White House Moves to Resolve Law Enforcement Concerns This Week The CLARITY Act is entering a make-or-break phase as the White House meets with law enforcement groups this week to work through objections that parts of the bill could make crypto crime investigations harder. Supporters say the legislation would finally give […]
Read More200+ Crypto Groups Urge Senate Vote on CLARITY Act as Offshore Risk Grows
More than 200 crypto organizations are pressing Senate leaders to put the CLARITY Act to a vote, arguing the US needs a real federal framework for digital assets before jobs, capital, and innovation keep sliding offshore. 200+ organizations want a Senate vote now CLARITY Act would set rules for crypto markets Offshore migration is the […]
Read MoreBitcoin Nears Bottom as $3.67T Treasury Debt Wall Threatens Markets, Says Jamie Coutts
Bitcoin may be nearing a long-term bottom, but Jamie Coutts says the bigger test is whether the U.S. Treasury can refinance a giant pile of debt without blowing a hole in markets. BTC may be setting up nicely on the chart, while the macro plumbing still looks fragile as hell. For more on that view, […]
Read MoreEthereum Exchange Reserves Drop 475,000 ETH as Price Struggles Below $1,800
Ethereum bounced back above $1,650 after a sharp selloff to around $1,520, but the more important move happened off the price chart: exchange reserves on major centralized platforms plunged by roughly 475,000 ETH in just three days. 475,000 ETH left Binance, Bitfinex, OKX, and Gemini between June 4 and June 7 OKX saw the steepest […]
Read MoreU.S. House Prepares Seven Crypto Tax Bills as Washington Eyes New Reporting Rules
The U.S. House Ways and Means Committee is preparing to introduce seven crypto tax bills next week, a sign that Washington is finally admitting digital assets are too big, too messy, and too politically useful to keep hand-waving away. Seven bills on crypto taxation are expected Likely targets: reporting, compliance, capital gains, and digital asset […]
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