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Long-term Bitcoin holders are becoming more cautious about taking profits as the cryptocurrency approaches a critical sell zone. Recent market analysis indicates that many holders are opting to retain their assets rather than cashing out, despite the rising prices. This behavior suggests a shift in sentiment among investors, who may
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The Senate Banking Committee has postponed the markup of a significant cryptocurrency bill amid declining support from the industry. This decision comes as various stakeholders express concerns about the proposed regulations and their potential impact on innovation and market stability. The delay highlights the growing divide within the crypto community
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The NCAA has requested the Commodity Futures Trading Commission (CFTC) to halt the establishment of college sports prediction markets. The organization expressed concerns that such markets could undermine the integrity of college athletics and lead to potential exploitation of student-athletes. The NCAA argues that allowing betting on college sports could
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A blockchain firm is planning to invest $200 million in tokenized water projects throughout Asia. The initiative aims to leverage blockchain technology to enhance water management and distribution, addressing issues such as scarcity and inefficiency. The projects will focus on creating transparent and traceable systems for water resources, potentially benefiting
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Arthur Hayes, co-founder of BitMEX, believes that Bitcoin will regain its momentum despite the current focus on gold and the Nasdaq. He suggests that Bitcoin's unique properties and its role as a hedge against inflation will attract investors once again. Hayes emphasizes that the cryptocurrency market is cyclical,
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Bitcoin open interest has decreased by 30%, indicating a potential shift in market sentiment that could lead to a bullish recovery. Analysts suggest that this drop may signal a reduction in leveraged positions, which often precedes upward price movements. The decline in open interest is seen as a healthy correction,
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In 2025, crypto scam losses reached a record $17 billion, driven largely by the rise of artificial intelligence and impersonation schemes, according to Chainalysis. The report highlights that scammers increasingly used AI tools to create convincing fake identities and messages, making it easier to deceive victims. Phishing attacks and fraudulent
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Coinbase has withdrawn its support for a significant cryptocurrency bill aimed at establishing a regulatory framework for the industry. This decision comes amid concerns over the bill's provisions, which Coinbase believes could stifle innovation and impose excessive regulations. The move has raised alarms among industry advocates who fear
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Robinhood CEO Vlad Tenev has warned that advancements in artificial intelligence (AI) could lead to a "job singularity," where a significant number of jobs are rendered obsolete. He emphasized that while AI has the potential to enhance productivity, it may also create widespread unemployment if not managed properly.
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A new bettor on Polymarket has wagered $40,000 on the likelihood of the U.S. striking Iran tonight. This significant bet highlights growing concerns and speculation surrounding geopolitical tensions between the two nations. Polymarket, a prediction market platform, allows users to place bets on various events, and this particular
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X has implemented stricter controls on its Grok image generation feature after facing international backlash over the potential misuse of AI-generated content. The platform received criticism for allowing users to create misleading or harmful images, prompting concerns from various stakeholders, including governments and advocacy groups. In response, X has introduced
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The Senate Banking Committee has canceled a scheduled markup session intended to discuss and potentially advance legislation related to the structure of the cryptocurrency market. This decision comes amid ongoing debates about regulatory frameworks for digital assets. The cancellation reflects the complexities and divisions within Congress regarding how to effectively