A bill designed to overhaul stablecoin regulation in the US halted in the Senate amid partisan negotiations. Senator Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in February. The potential legislation would require stablecoin issuers to maintain backing for their assets on a 1:1 ratio. The bill also states […]
A widely followed crypto analyst says that the market is gearing up for a reversal after making a strong move to the upside. In a new thread, pseudonymous crypto trader Crypto Capo tells his 132,000 followers on the instant messaging app Telegram that taking profits may be the optimal play as altcoins look primed to […]
With 78% supply in circulation, Cardano mirrors Bitcoin’s fixed-supply scarcity model
A stablecoin is a type of cryptocurrency that is created to maintain a stable value, unlike traditionally volatile cryptocurrencies such as Bitcoin.
A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry. According to a May 9 Bloomberg report, Democratic senators asked Attorney General […]
After two weeks of consolidation, ETH resurged and exploded massively to a two-month high yesterday. While that marked its biggest buying volatile period since the recovery started, it currently appears bullish. Following last month’s bounce, which came as a surprise after tanking to the lowest level in a year, Ethereum recovered nicely and reclaimed the […]
After months of price malaise, Bitcoin (BTC) is roaring back, having climbed past $103,000 today and signaling a shift in market sentiment. According to CryptoQuant, the catalyst is a massive surge in spot demand, which has propelled Bitcoin’s Bull Score Index from a bearish 20 to a blazing 80, indicating one of the most bullish […]
Bitcoin’s price has continued its upward trend, and Google Trends data reveals intensifying interest in the leading crypto asset by market cap. Google Trends Figures Show Bitcoin Buzz Amid Price Rally Google data indicates that searches for “bitcoin” are on the rise. At its core, Google Trends quantifies a topic’s popularity — such as “bitcoin” […]
Key Takeaways: Developers can now take in-app crypto payments and sell NFTs in iOS apps. Apple can no longer force app developers to pay its 27% commission for transactions that take place outside the app. This ruling is poised to accelerate the adoption of mobile crypto and NFTs. A Landmark Legal Shift Opens Pandora’s Box […]
The largest crypto exchange by trading volume in the US just inked an agreement to acquire the Dubai-based derivatives platform Deribit. In a statement, Coinbase says the deal costs approximately $2.9 billion, which includes $700 million in cash and 11 million shares of its Class A common stock subject to purchase price adjustments. “This strategic […]
Arizona’s decision to legalize and launch its Bitcoin and digital assets reserve has rapidly accelerated confidence in blockchain-based assets. By allocating up to 10% of its $3.14 billion in public funds to digital assets, Arizona has become the second U.S. state—after New Hampshire—to formally embrace crypto reserves. Governor Katie Hobbs signed House Bill 2749 into […]
TL;DR Germany and the Netherlands took down eXch, seizing €34 million ($38 million) in crypto in the country’s third-largest operation. The plataform had operated since 2014 on both the internet and darknet, facilitating swaps without AML checks and processing around $1.9 billion. Part of the $1.5 billion stolen from Bybit in February may have moved […]
Bhutan has partnered with Binance Pay and local bank DK Bank to launch a fully integrated, nation-wide cryptocurrency payment system designed to meet the needs of travellers. The system will allow tourists to pay in crypto using their Binance app after scanning vendor QR codes, reducing issues with foreign exchange fees and patchy support in […]
Amid positive trade news and US states enacting crypto reserve bills, Standard Chartered’s head of digital assets Geoffrey Kendrick suggests his US$120k Bitcoin target for Q2 is likely too conservative. Kendrick now believes his year-end forecast of US$200k “looks very achievable” as the dominant narrative for Bitcoin has shifted from risk asset correlation to strategic […]
Bitcoin Magazine New BIS Report Says Bitcoin Use Surges During Economic Stress A new report from the Bank for International Settlements (BIS) shows that Bitcoin and other cryptocurrencies are being used more during times of economic stress. This happens mostly in countries where inflation is high, it’s expensive to send money, or the government limits […]
Chris Pavlovski, Rumble’s founder and CEO, took to X to announce the launch of a Bitcoin and stablecoin wallet. As per Chris’s X post, we can expect to see the newest entrant in the Bitcoin wallets space by the third quarter of 2025. The Rumble CEO also mentioned that the wallet would directly compete with […]
Key Takeaways: Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns. A buyer-dominant market signals strong institutional and retail interest that could drive a supply squeeze and […]
Bitcoin rose as high as $99,000
The Illinois Senate Executive Committee advanced a bill on Wednesday that would place cryptocurrency kiosks under the supervision of the Illinois …
May 9th, 2025 – Vilnius, Lithuania The International Crypto Trading Cup (ICTC-2025) has officially launched — the world’s first global crypto trading tournament held live and on stage. Over the next two days, May 9 to May 10, viewers around the world will witness a groundbreaking event: two 6-hour live trading sessions on crypto futures, […]
Ripple Stalls & SUI Price Chart Signals Golden Cross While BlockDAG’s Latest Buyer Battles Winner Nets 5.28M BDAG! The SUI price chart is heating up again, this time with a golden cross on the horizon as its recent pullback begins to stabilize. After a 70% rally, a 10% dip hasn’t shaken bullish sentiment just yet. […]
With bitcoin reaching fresh peaks, analysts are consulting a variety of charting tools to anticipate the trajectory of the leading digital currency. Among these are the well‑known Rainbow chart and the stock‑to‑flow (S2F) model. The following analysis examines BTC’s present price through the lens of these two frameworks. Bitcoin Models Point to Explosive Growth — […]
Key Takeaways: Airbnb co-founder Joe Gebbia leads DOGE team in digitizing U.S. retirement system. OPM ends 65+ years of paper-based processing, cutting average retirement wait time by over 75%. The initiative marks one of the fastest digital transformations in U.S. federal history. After decades of failed attempts to modernize retirement services, the U.S. Office of […]
There’s a lot to unpack from the past seven days, so let’s get straight to it. Let’s take you back to our previous Market Update from last Friday when BTC targeted $100,000 yet again. This transpired after the asset had gained over $20,000 since the early April lows. However, BTC was stopped there and couldn’t […]
Bitcoin Magazine Three New U.S. State-Level Bitcoin Bills Signed Into Law This week, three U.S. states have enacted bitcoin-related bills into law. On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the creation of a strategic bitcoin reserve (SBR). On Wednesday, Arizona enacted its second bill […]
A familiar personality in the XRP online forum has generated buzz with a fresh and sensational prediction regarding the direction of the global financial system. The commentator, known by the handle Pumpius, asserts that a financial reset is already underway—and that only a few individuals who own XRP will be rewarded by it. Based on […]
The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025. In an allocation update for Q1 2025, the organization reported spending $32 million on various initiatives through its Ecosystem Support Program (ESP). Categories included community and educational grants, zero-knowledge and cryptography. Other […]
TL;DR Historic Rally: Ethereum surged by 16% after the activation of its groundbreaking Pectra upgrade, marking the biggest jump in four years and boosting prices from around $1,900 to over $2,300. Technical Breakthrough: The Pectra upgrade, the most significant change since the Merge, enhances staking efficiency, validator functions, and Layer 2 scalability. Broad Market Impact: […]
TL;DR The U.S. Senate failed to advance the “GENIUS Act”, a bipartisan bill aimed at regulating stablecoins. The rejection came after Democrats withdrew their support, concerned about Donald Trump’s links to a new crypto project. Republicans accuse Democrats of putting political interests first, jeopardizing America’s leadership in the global crypto asset market. The long-awaited progress […]
Democrats are abandoning the GENIUS Act, a bipartisan stablecoin bill, after revelations that Trump-linked World Liberty Financial stands to profit massively from a $2B Abu Dhabi deal. Critics now label the bill a vehicle for “crypto corruption”. The controversy centers on Trump’s stablecoin project, which surged into the top ten by market cap and routes […]
Bitcoin maximalist Mow has published major BTC statement, highlighting its key virtue
The long-running legal dispute between Ripple and the Securities and Exchange Commission (SEC) is finally over. The regulator confirmed yesterday (Thursday) that both parties have agreed to a settlement, which involves a $50 million penalty paid by the blockchain company. XRP Reacts Fast XRP also reacted quickly to the regulatory confirmation. The cryptocurrency jumped about […]