GENIUS Act may cement US dollar dominance in digital economy
The Genius Act could boost the US dollar’s dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report. A key piece of US stablecoin…
Coinbase hack shows the law probably won’t protect you: Here’s why
Crypto exchange terms of services you agreed to, but never read, prevent class actions and limit liability if your data or funds are stolen. Coinbase is facing a flurry of…
Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns
Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting broad market activity. Glassnode Data Shows Bitcoin Profit-Taking Surge Amid Record…
Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin Offerings on Spot Market
This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, 29th May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Ripple USD…
Bitcoin ETFs Hit 10-Day Inflow Streak With $433 Million Surge
Bitcoin ETFs extended their winning streak to 10 days with a $433 million inflow driven entirely by Blackrock’s IBIT. Ether ETFs also stayed in the green, logging their 8th straight…
The New Trade in Town: TACO
The TACO trade and the philosophy behind it are making waves across the financial world after a journalist asked President Donald Trump if he knew what it meant. First described…
Crypto vulnerable if CFTC not given authority, says ex-chair Behnam
Former CFTC chair Rostin Behnam said the crypto market will remain unregulated unless the agency he led under President Joe Biden is given greater authority. Former Commodity Futures Trading Commission…
Solana firms make moves on staking, treasury and compliance
Sol Strategies filed a $1 billion shelf prospectus while DeFi Dev added liquid-staked SOL to its treasury, signaling deeper institutional moves in the Solana ecosystem. Solana-focused investment firm Sol Strategies…
Reserve Bank of India to roll out new use cases for digital rupee
India’s central bank is scaling up its digital rupee pilots with new features like programmability and offline payments, aiming for broader financial inclusion. The Reserve Bank of India (RBI) is…
Bubblemaps launches ‘Time Travel’ tool for insider activity, rug pulls
Bubblemaps aims to offer forensic-grade analytics tools for Web3 users to help navigate the rise of insider scams and rug pulls in the crypto industry. Blockchain intelligence platform Bubblemaps has…
Russia allows banks to offer crypto products to accredited investors
Russian banks have started rolling out crypto investment products tied to the price of Bitcoin following a greenlight from the central bank. The Bank of Russia has permitted financial institutions…
Arkham claims to have found 87% of Strategy’s Bitcoin
Strategy executive chairman Michael Saylor previously warned that revealing wallet addresses could expose companies to long-term threats. Blockchain analysis company Arham Intelligence claims to have uncovered previously undisclosed wallet addresses…
Elon Musk leaves DOGE as job was ‘uphill battle’
Elon Musk says he’s quitting his cost-cutting side hustle DOGE, admitting he spent “too much time on politics” and it was harder than he anticipated. Elon Musk confirmed that he’s…
European crypto firm K33 raises $6.2M for Bitcoin buys
K33 CEO Bull Jenssen said his firm hopes to use its Bitcoin holdings as a foundation to offer new services, such as BTC-backed lending. Norwegian crypto brokerage firm K33 plans…
Ethereum (ETH) Price: Is $3,000 On The Horizon As Open Interest Hits Record Levels?
TLDR Ethereum Open Interest hit an all-time high of $35.69 billion, indicating high speculative activity ETH price crossed $2,700 for the first time since February, up 53% over the past…