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Bitcoin Bears See $50K Before Any Recovery

Several crypto analysts said that there will be a final flush that sends Bitcoin prices as low as $50,000 before the cryptocurrency is able to mount a measurable recovery. Bitcoin (BTC) trader and author Ivan Liljeqvist posted to X on Tuesday that Bitcoin is yet to have “the big flush.” “I don’t think we’ve had

Banks Criticize White House Report Favoring Stablecoin Yield

The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks. The American Bankers Association (ABA) has criticized a White House report that claimed banning stablecoin yields would only have a negligible impact on banks, arguing that the conclusion was reached by asking the “wrong question.” The

Former CFTC Chair to Focus on Crypto Advisory Work

Chris Giancarlo, the former chair of the US Commodity Futures Trading Commission, is stepping away from law to become a full-time adviser to cryptocurrency firms. Giancarlo, referred to as “Crypto Dad” while in office for his crypto advocacy, posted to X on Sunday that he was leaving the law firm Willkie Farr & Gallagher and

Crypto Surges Iran Deal Hope Hits Market

Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with positive sentiment. The crypto market surged to a total value of $2.6 trillion, its highest level for a month, liquidating 177,000

South Korea Orders Suspension, Fine for Crypto Exchange Coinone

South Korea’s third-largest cryptocurrency exchange, Coinone, is facing a fine and a partial business suspension over anti-money laundering lapses, according to multiple local media reports. South Korea's Financial Intelligence Unit (FIU) under the Financial Services Commission accused Coinone of failing to comply with anti-money laundering obligations, including verifying user identities in about 70,000 cases, The

Foundry Digital Launches Zcash Mining Pool

The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%. Crypto mining pool operator Foundry Digital has launched a pool for the privacy-focused cryptocurrency Zcash, which the company says has secured nearly 30% of the Zcash network hashrate through partnerships with multiple institutional mining clients. “Institutional and

Bitcoin Hits $74,000 As ETF Inflows Face Miner Selling And War Tensions

Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Bitcoin (BTC) reclaimed the $74,000 level on Monday following slight gains in the S&P 500 index after US President

Broadridge Launches Crypto Platform for Canada Wealth Managers

Broadridge Financial Solutions has launched a digital asset platform for Canadian wealth managers, allowing companies to offer cryptocurrencies and tokenized assets alongside traditional investments. According to Monday’s announcement, the platform integrates trading, custody and asset servicing, enabling firms to manage digital and traditional assets within existing workflows rather than through separate systems. It also supports

SEC Proposes Certain Crypto Interfaces Don’t Need to Register as Brokers

The US Securities and Exchange Commission (SEC) has issued a staff statement clarifying how the agency plans to interpret software interfaces facilitating crypto transactions in its broker-dealer regulations. In a Monday statement, the SEC’s Division of Trading and Markets staff said that under certain circumstances, interfaces that “assist users engaging in user-initiated crypto asset securities
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