Latest Crypto Industry News and Insights
200+ 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 […]
Read MoreUK FCA Eyes 10% Crypto ETN Allocation for Funds, Direct Bitcoin Still Off Limits
The UK Financial Conduct Authority is loosening its grip on crypto exposure for regulated funds, but only in the most controlled way possible. Authorized investment funds may soon be allowed to put up to 10% of their assets into crypto exchange-traded notes, or ETNs, while direct ownership of Bitcoin, Ether, and other digital assets remains […]
Read MoreBitcoin Kidnapping Plot Plea: Saif Faiq Faces 20 Years Over Crypto Extortion Scheme
Saif Faiq has pleaded guilty to helping organize a violent bitcoin kidnapping plot tied to a massive crypto theft, and he now faces up to 20 years in federal prison. The case is a brutal reminder that once stolen Bitcoin becomes loot, the threat can shift from screens and wallets to vans, bats, and family […]
Read MoreCME Launches Bitcoin Volatility Futures for Regulated BTC Risk Trading
CME Group has launched Bitcoin Volatility Index futures, giving institutions a new regulated way to trade the size of Bitcoin’s price swings instead of just betting on direction. New regulated Bitcoin volatility futures Trade turbulence, not just BTC price moves First block trades: DV Chain and Monarq Asset Management CME crypto derivatives volume and open […]
Read MoreMicroStrategy Buys 1,550 More Bitcoin as Saylor Doubles Down on BTC Treasury Strategy
Michael Saylor is back at it: MicroStrategy added another 1,550 BTC to its treasury for about $101 million, even while the company remains deep in the red on paper from its massive Bitcoin bet. 1,550 BTC added for roughly $101 million Average price: $65,332 per BTC Total holdings: 845,256 BTC Estimated paper loss: around $12 […]
Read MoreChina Says Bitcoin Is Banned, Yet Courts Still Call It Protected Property
China Banned Bitcoin, But Prosecutors Still Say It Can Be Protected Property China keeps trying to shut Bitcoin out of its financial system, but its courts are still being forced to admit the obvious: if something has value and can be stolen, the law has to deal with it. China’s Supreme People’s Procuratorate published a […]
Read MoreUK FCA Proposes 10% Crypto ETN Allocation for Investment Funds
The UK’s Financial Conduct Authority is proposing a modest but meaningful loosening of its crypto rules: investment funds could be allowed to put up to 10% of their assets into crypto exchange-traded notes, or ETNs. 10% allocation cap for investment funds Crypto ETNs only, not direct bitcoin custody More institutional access to bitcoin and crypto […]
Read MoreBitcoin Developers Push Quantum-Resistant Upgrades with BIP-360 and BIP-361
Bitcoin developers are no longer treating quantum computing like a theoretical boogeyman for some far-off decade. With BIP-360 and BIP-361, the network is now preparing for a future where today’s signature schemes may not be good enough. BIP-360 introduces Bitcoin’s first quantum-resistant address type. BIP-361 pushes vulnerable coins to migrate before a deadline, with old […]
Read MoreStrategy Shifts STRC Dividends to Twice a Month as Bitcoin Treasury Concerns Grow
Strategy has approved a new dividend rhythm for its STRC preferred stock, moving payouts from monthly to twice a month as the company tries to make the security more liquid, more appealing, and less prone to trading like a caffeinated roller coaster. The change lands while STRC trades below par, Strategy keeps stacking Bitcoin, and […]
Read MoreGalaxy Digital Cuts CLARITY Act Odds to 60% as Senate Time Runs Out
Galaxy Digital has trimmed its outlook for the CLARITY Act, warning that the Senate may simply run out of time to push crypto’s key market structure bill across the finish line. Odds cut to 60% July is the critical window August recess could stall momentum Ethics and illicit finance are still unresolved 60 Senate votes […]
Read MoreLummis Warns Clarity Act Must Pass Now or U.S. Crypto Rules Could Stall Until 2030
Senator Cynthia Lummis is pushing hard for the Digital Asset Market Clarity Act, and she’s not pretending the stakes are small. Her warning is simple: Congress may have a short window to pass meaningful U.S. crypto market structure legislation before the political winds shift and the whole thing gets shoved into a legislative freezer until […]
Read MoreStrategy Buys 1,550 Bitcoin for $101M, Keeps Stacking Despite Tiny Sale
Strategy added another 1,550 Bitcoin to its balance sheet for $101 million, while also offloading 32 BTC in the same period. Net result: the company is still buying, still stacking, and still behaving like Bitcoin is the reserve asset it wants it to be. Strategy buys 1,550 Bitcoin for $101 million after offloading 32 coins […]
Read MoreStrive Pushes to End Bitcoin Capital Gains Tax as U.S. Crypto Hearing Looms
Strive Asset Management is taking aim at one of the biggest reasons Bitcoin still feels clunky in the U.S.: capital gains tax on ordinary payments. CEO Matt Cole says scrapping that tax could help Bitcoin work more like money and less like a speculative asset that gets dragged through a compliance swamp every time someone […]
Read MoreChina Court Upholds 107 BTC Theft Conviction Over Stolen Seed Phrase
A Chinese court has upheld a Bitcoin theft conviction that turns a seed phrase into a brutally simple lesson: if someone gets the words, they can get the coins. In this case, a man memorized a wallet recovery phrase, stole 107 BTC, and was sentenced to more than 10 years in prison. 107 BTC stolen […]
Read MoreCongress Moves to Ban Lawmakers From Trading on Polymarket and Kalshi
Congress is moving to ban lawmakers from trading on crypto prediction markets like Polymarket and Kalshi — and yeah, that should have happened a long time ago. Senate already approved a ban for senators and staff House may attach similar language to H.R. 7008 Polymarket and Kalshi support the move to boost legitimacy Enforcement is […]
Read MoreSyscoin Pauses Bridge After Exploit Mints 5 Billion Unauthorized SYS Tokens
Syscoin has paused its bridge after an exploit minted around 5 billion unauthorized SYS tokens, turning a validation flaw into a supply nightmare and another ugly reminder that crypto bridges are still a juicy target. Bridge paused after a security incident ~5 billion unauthorized SYS minted Validation flaw accepted a bad transaction proof UTXO Bridge […]
Read MoreUS Sanctions Iran’s Nobitex Exchange in Crypto Pressure Campaign
The U.S. has sanctioned Nobitex, Iran’s largest cryptocurrency exchange, as part of a broader pressure campaign aimed at cutting off financial infrastructure that helps Tehran move value outside the traditional banking system. Nobitex targeted: Iran’s biggest crypto exchange is now under U.S. sanctions. Infrastructure, not just wallets: Washington is going after the rails that move […]
Read MoreSenator Alsobrooks backs crypto market structure bill but warns on regulation
Senator Angela Alsobrooks is backing a crypto market structure bill — but she’s not handing it a blank check. The Maryland Democrat voted to move the legislation forward while flagging concerns about how it would actually regulate digital assets, a reminder that Washington loves a good “yes, but…” almost as much as it loves a […]
Read MoreCLARITY Act Nears Senate Vote as Crypto Regulation Fight Heats Up
The CLARITY Act New Update: Senate Floor Vote Looms for Landmark Crypto Bill is inching toward a full Senate vote, and the fight over U.S. crypto market structure is finally getting serious. Senator Cynthia Lummis is pushing hard to keep lawmakers from stalling now that the bill has cleared committee and already made it through […]
Read MoreSyscoin Bridge Paused After Flaw Allegedly Minted 5 Billion Unauthorized SYS Outputs
Syscoin has paused its bridge after a validation flaw reportedly allowed the creation of roughly 5 billion unauthorized SYS outputs through its UTXO bridge path. That’s not a typo. One broken verification step, and the accounting starts looking like it was done by a toddler with a mint button. Bridge paused after a security incident […]
Read MoreFannie Mae Moves to Count Bitcoin as Mortgage Reserve Asset
Can you buy a house with Bitcoin now? Inside the Fannie Mae crypto order Bitcoin is getting a seat at the mortgage table, but no, this is not a magical “buy a house with BTC and skip the bank” moment. Fannie Mae and Freddie Mac are moving toward recognizing verified crypto holdings as reserve assets […]
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