Latest Crypto News
White House reviews CFTC prediction-market rule as Trump backs federal control
The proposal could shape how Kalshi, Polymarket, and other event-contract platforms operate as states challenge the CFTC’s authority.

Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH
Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record
IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears
Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

XRP drops 4% below $1.30 as heavy selling breaks key support zone
XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations
Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.

U.S. CFTC files request to erase Gemini settlement that it no longer considers fair
The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.

Google engineer insider-traded search results on Polymarket, Feds allege
The charges mark the second major arrest over insider trading on a prediction market.

The crypto industry’s massive political war chest is starting to lean Republican ahead of midterms
As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus.

Wall Street gets new crypto rival after Texas bank completes regulatory pivot
By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.

Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge
CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium
In this week's Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn't just regulate stablecoins, it repriced Bitcoin's monetary premium. Then, Jesper Johansen on why looped ETH staking no longer needs a lending market.

BIS project finds tokenization could make cross-border payments faster, safer
Project Agorá, backed by major central banks, will now move toward "real-value" testing to settle tokenized central bank money and bank deposits on blockchain rails.

Crypto IPOs could create massive $1 trillion market amid tokenization wave, Jefferies says
The Wall Street investment bank expects a wave of crypto and blockchain public listings over the next two years as institutional investors shift their focus from speculative trading to real-world financial infrastructure.

Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
An individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the end of the week, all users will have access.

A bipartisan bridge to the future: Why the Senate must finish the job on digital Assets
The Clarity Act’s recent markup proved that the momentum for regulation is there. It is imperative that Congress move the bill forward to establish rules this generation needs and a framework the next will inherit, urges Kim.
