Latest Crypto News
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.
Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it drives the next phase of its expansion.
The Clarity Act isn't a ticket to sanctions evasion, actually
The bill, as currently drafted, has the power to stop sanctions evasion at scale, argues Ari Redbord, global head of policy at TRM Labs.
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors.
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report.
U.S., UK move to align rules for tokenized finance across world's largest financial markets
The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.
Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology
The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.
For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.
Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation
Mark Palmer said Hut 8's Beacon Point project transforms the company into an AI infrastructure platform with a long growth runway.
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.
ECB picks firms including Deutsche Bank, Revolut for digital euro pilot
The pilot will test a beta version of the digital euro for online, offline, in-store, and e-commerce payments with ECB and central bank staff as users.
Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants
JCB and Circle will explore using USDC for cross-border payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday commerce.
Bitcoin's BIP-110 sparked a fight over who gets to decide the future of Bitcoin
BIP-110 sought to limit non-financial data on Bitcoin's blockchain but instead reignited debates over censorship and decentralization.
