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The latest crypto headlines, updated continuously. · Page 129

Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
crypto3 months ago

Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

CoinDesk

Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto week in 5 stories
crypto3 months ago

Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto week in 5 stories

Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins.

CoinDesk

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz
crypto3 months ago

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.

CoinDesk

How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days
crypto3 months ago

How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days

Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.

CoinDesk

Crypto advocates join in suing Illinois over digital asset tax
crypto3 months ago

Crypto advocates join in suing Illinois over digital asset tax

The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.

CoinDesk

Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
crypto3 months ago

Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC

Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years.

Cointelegraph

Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
crypto3 months ago

Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis

The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds.

Cointelegraph

Onchain, in court: What happened in crypto legal news this week
crypto3 months ago

Onchain, in court: What happened in crypto legal news this week

The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the removal of Nicolas Maduro.

Cointelegraph

Bitcoin seeks support near $77K as BTC, gold near 100-day highs
crypto3 months ago

Bitcoin seeks support near $77K as BTC, gold near 100-day highs

Bitcoin volatility eased after BTC hit its highest level since mid-May, while gold joined the cryptocurrency in approaching three-month highs.

Cointelegraph

Pass the Clarity Act
crypto3 months ago

Pass the Clarity Act

Reopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association.

CoinDesk

Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
crypto3 months ago

Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot

The RISE program would use the Canton Network to combine and distribute state-administered benefits across three US states beginning in 2027.

Cointelegraph

Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
crypto3 months ago

Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump

Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting double-digit gains as crypto stocks surged.

Cointelegraph

Ethena's ENA token surges 48%, but altcoin season will have to wait
crypto3 months ago

Ethena's ENA token surges 48%, but altcoin season will have to wait

ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season.

CoinDesk

Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher
crypto3 months ago

Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher

Bitcoin rallied as Treasury bond buybacks fueled the “not-QE” trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet.

Cointelegraph

Solana cuts blockchain slot time to 350 milliseconds
crypto3 months ago

Solana cuts blockchain slot time to 350 milliseconds

Solana reduced its slot time for the first time since genesis as it works toward a 200-millisecond target aimed at reducing network latency.

Cointelegraph

Laser Digital gets Japan’s first crypto exchange approval in 4 years
crypto3 months ago

Laser Digital gets Japan’s first crypto exchange approval in 4 years

Nomura-backed Laser Digital Japan received registration to provide domestic liquidity before expanding into institutional crypto trading.

Cointelegraph

Binance says employees questioned in UAE cleared and released
crypto3 months ago

Binance says employees questioned in UAE cleared and released

Binance’s employees were cleared and released after providing statements to UAE authorities about third-party fund flows through a company client account, a spokesperson told Cointelegraph.

Cointelegraph

Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs
crypto3 months ago

Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs

Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised wallet safe.

CoinDesk