John Crawford

The US Commodity Futures Trading Commission (CFTC) has launched an Innovation Task Force to help develop regulatory frameworks for crypto, AI and prediction markets. Chair Michael Selig said that the task force will work with the regulator’s Innovation Advisory Committee to create a framework focused on crypto, blockchain, AI, and prediction markets. The effort will

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of billions of dollars in Bitcoin held in institutional custody. The partnership was announced Tuesday at the Digital Asset Summit in

Bitcoin (BTC) holders are gradually becoming less prone to panic selling and instead building up cash buffers to deploy during discounted BTC buying opportunities. Onchain data supports this view, highlighting a large surge in stablecoin activity, with USD Coin (USDC) and Tether’s USDt (USDT) transfers reaching a combined $440 billion on March 22.  This shift

Tether said it has selected — but not named — a “Big Four” accounting firm to conduct its first full audit of reserves, a long-awaited step after years of scrutiny. In a Tuesday notice, Tether said that the accounting firm — which it did not disclose — would complete a “full independent financial statement audit”

BitGo, a digital asset custody and trading platform, and Susquehanna Crypto will collaborate to give institutional clients over-the-counter access to prediction markets, allowing them to trade event-based contracts using cryptocurrency or stablecoins held in custody. According to Tuesday’s announcement, trades will be routed through BitGo’s platform, with liquidity provided by Susquehanna, which will enable hedge

Bitcoin (BTC) fell below $70,000 at Tuesday’s Wall Street open as macro assets fell over Iran war tensions. Key points: Bitcoin fails to claim $70,000 as support as macro selling pressure sparks losses across global assets. Middle East tensions remain at the forefront, but analysis sees hope in Bitcoin’s “surprising resilience.” Traders stay split over

Ether’s (ETH) 9% rally on Monday stalled at $2,200 due to stiff overhead resistance and weak ETF demand. Still, technical and onchain setups suggested that upward momentum may increase as long as ETH stays above the $2,000 mark. Key takeaways: Ether bulls must flip the $2,200 level into new support. Spot ETF outflows continue, reflecting

Fira debuted its fixed-rate DeFi lending protocol with $450 million in pre-launch deposits, seeking to make long-term decentralized lending rates more predictable. Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit. Fira said the protocol’s fixed-rate credit market allows

Resolv Labs has temporarily paused its protocol after an exploit on Sunday in which an attacker minted 80 million unbacked tokens, knocking the dollar stablecoin sharply off its peg and briefly plunging the token to $0.14. The Resolv Foundation team announced on X on Monday evening that all protocol functions, including the app, were temporarily

Momentum is building across US states to regulate or restrict prediction markets, with multiple legal actions targeting platforms such as Kalshi. On March 20, Carson City District Court Judge Jason Woodbury in Nevada made his state the first to issue a temporary ban on prediction market Kalshi from operating. Gaming officials said that the platform