NEWS
Bitcoin tops $64,000 as Fed rate-hike expectations drop
Higher rates hurt bitcoin and risk assets as when the Fed raises rates, cash and Treasury bonds start paying a decent, guaranteed return, so investors…
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US Treasury, Tether Freezes $131M in Crypto Tied to Iran
US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran…
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Bitmine Generated $46M from Ethereum Staking Last Quarter
Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in…
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Over 95% of Coinbase’s Code is Written with AI: Rob Witoff
Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut…
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Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon
The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while…
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U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The U.S. Commodity Futures Trading Commission threw itself in between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order to disallow the…
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Velocity Lands $38M to Build Enterprise Stablecoin Payment Infrastructure
Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use stablecoins…
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US, UK Treasuries to Align Transatlantic Rules on Tokenization and Stablecoins
The US Department of the Treasury and HM Treasury released a set of recommendations as part of the Transatlantic Taskforce for the Markets of the…
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Some U.S. Senate Democrats come out against Clarity Act, calling it a ‘corrupt’ bill
The Clarity Act will need to be sold to a large number of Democrats in the coming days, if it’s going to advance from the…
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Binance bets on becoming a crypto ‘super app’ as stablecoins reshape growth
Binance believes its next phase of growth will come from payments and financial services rather than cryptocurrency trading alone, as stablecoins reshape how people use…
