NEWS
Bitcoin falls below $63,000 as risk assets sell off
The pressure came from a wider retreat in markets. Global equities slipped in holiday-thinned trading, with US, Chinese, Hong Kong and Taiwanese markets closed, and…
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BlackRock Says Bitcoin is Onboarding Investors Into TradFi
BlackRock’s spot Bitcoin exchange-traded fund has been a gateway for new investors to enter the wider ETF market, according to Jay Jacobs, US head of…
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CFTC Settlement Bans Celsius Founder Mashinsky From Trading
The US Commodity Futures Trading Commission has resolved its action against Celsius Network founder Alex Mashinsky, permanently banning him from trading in markets the commodities…
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ETH Trapped Below $1.7K Raises Call For Another “Selling Wave”
Ether’s (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to…
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Bitcoin Decouples From Tech Stocks As AI Takes Market Lead
Key takeaways: Bitcoin’s sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector. A strengthening US dollar and high Treasury…
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US Agencies Push User ID Requirements for Stablecoin Issuers Akin to Regulated Banks
Several US government agencies responsible for financial regulation have issued a proposed rule as part of the implementation of stablecoin-focused legislation, pushing for similar identification…
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China’s Z.AI Releases GLM-5.2: A Model That Rivals Claude Opus—Using Zero Nvidia Chips
In brief GLM-5.2 trails Claude Opus 4.8 by just 1% on FrontierSWE—a benchmark measuring multi-hour autonomous engineering projects—while beating GPT-5.5 on the same test. It…
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Midjourney Pivots From AI Images to Medical Imaging, Aiming to Build a Better MRI Alternative
In brief Midjourney announced Midjourney Medical, a new division focused on full-body imaging. The company said its proposed “Ultrasonic CT” system could ultimately generate MRI-like…
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Malta Weighs Legal Framework for DAOs and DeFi Projects
Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as…
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CFTC Hits Celsius Crypto Fraudster Alex Mashinsky With Permanent Trading Ban
In brief Celsius founder Alex Mashinsky was banned from trading markets regulated by the CFTC. Mashinsky was imprisoned for 12 years after pleading guilty to…
