News

Galaxy Compares DeFi Provisions in Crypto Bill to Patriot Act Surveillance

Galaxy Digital has drawn parallels between the surveillance provisions in a proposed cryptocurrency bill and the Patriot Act, suggesting that the bill could enable extensive monitoring of decentralized finance (DeFi) activities. The firm argues that the legislation could impose stringent reporting requirements on DeFi platforms, potentially stifling innovation and privacy in the sector. Critics warn that such measures may lead to overreach and infringe on user rights. The discussion highlights ongoing tensions between regulatory oversight and the foundational principles of decentralization in the crypto space.

Read the full article: Decrypt

Bitcoin ETFs take in $830 million amid positive inflows across ether, solana and XRP

Bitcoin exchange-traded funds (ETFs) have experienced significant inflows, attracting $830 million recently. This surge in investment is part of a broader trend, with positive inflows also noted in other cryptocurrencies such as ether, Solana, and XRP. The growing interest in these digital assets reflects increasing institutional adoption and market confidence.

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

The Senate Banking Committee has postponed the markup of a significant cryptocurrency bill amid declining support from the industry. The legislation, which aims to establish a regulatory framework for digital assets, faced criticism from various stakeholders who expressed concerns about its implications. Key industry players have voiced their opposition, leading

Bitcoin bull case grows as U.S. bond market volatility sinks to lowest since 2021

Bitcoin's bullish outlook is strengthening as volatility in the U.S. bond market has dropped to its lowest levels since 2021. This decline in bond market fluctuations is seen as a positive indicator for risk assets like Bitcoin, potentially attracting more investors. Analysts suggest that reduced bond volatility

Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In

Analysts are speculating that Bitcoin may be on the verge of a "parabolic blowoff," similar to historical patterns observed in gold's price movements. This potential surge could be driven by increasing institutional interest and macroeconomic factors, including inflation concerns and geopolitical tensions. Some experts believe that

Read more

Bitcoin ETFs take in $830 million amid positive inflows across ether, solana and XRP

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

Bitcoin bull case grows as U.S. bond market volatility sinks to lowest since 2021

Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In