Stay ahead in the fast-moving world of cryptocurrency with our up-to-date global news coverage. From Bitcoin and Ethereum to DeFi, NFTs, and blockchain innovation, we deliver the latest market trends, expert insights, and key developments shaping the crypto industry. Get the news you need to make informed decisions — all in one place.
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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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Coinbase has withdrawn its support for a significant cryptocurrency bill aimed at establishing a regulatory framework for the industry.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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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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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
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The Sui blockchain experienced a six-hour outage that halted all transactions, causing disruptions for users and developers. The issue was identified and resolved by the Sui team, who implemented fixes to restore functionality. During the downtime, the network's validators worked to ensure the integrity of the blockchain. Following
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Coinbase has announced that it will withdraw its support for a proposed cryptocurrency bill, stating that it prefers having no legislation at all rather than endorsing a "bad bill." The company expressed concerns that the current version of the bill could hinder innovation and impose excessive regulations on
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Senator Cynthia Lummis indicated that a market structure bill for cryptocurrency regulation is likely to face delays. She expressed concerns about the bill's timing and the need for further discussions among lawmakers. Lummis emphasized the importance of creating a comprehensive framework to ensure investor protection and market integrity.
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Bitcoin miners are experiencing a significant surge as Bitcoin approaches the $100,000 mark. Companies like Strategy and BitMine are capitalizing on this momentum, with increased investments and operational expansions. The rise in Bitcoin's price has led to heightened interest in mining activities, driving up demand for mining