News from Decrypt
What is your interest today?
Stablecoins Should Not Be Exempt From New York Crypto Tax, Lawmaker Says
The lawmaker emphasized that taxing stablecoins aligns with treating cryptocurrencies like other taxable activities, potentially increasing state revenue from the growing digital a...
Read Full Article →US Treasury Seeking ‘Innovative Methods’ to Detect Illicit Crypto Activity
The US Treasury is exploring new techniques to identify illegal cryptocurrency transactions, requesting feedback on advanced monitoring technologies while the industry develops pri...
Read Full Article →Scammer Poses as UK Police, Steals $2.8M in Bitcoin From Hardware Wallet
A fraudster impersonated law enforcement to fraudulently obtain nearly $2.8 million in cryptocurrency, highlighting the growing risks and complexities faced by investors in securin...
Read Full Article →Binance USDT Yield Farming Hits Plasma Bitcoin Stablecoin Network
Binance is transitioning its USDT yield farming activity to the Plasma Bitcoin stablecoin platform, enabling participants to deposit $250 million and earn rewards in XPL tokens.
Read Full Article →Bankers Want Stablecoin Law Changed—Crypto Lobby Says No Way
Leading financial institutions seek to modify regulations governing stablecoins, arguing that current rules pose risks to their operations, while industry advocates oppose these pr...
Read Full Article →CRYPTO LOWER, AI STOCKS WOBBLE, DAT WORRIES CONTINUE
Recent market fluctuations highlight concerns over digital asset stability, with significant fund outflows, shifts in investment strategies, and increasing adoption of blockchain-b...
Read Full Article →Morning Minute: Ghost Month Returns - Will Bitcoin Buck the Trend?
Investors are closely monitoring Bitcoin’s market movements as the traditional Ghost Month approaches, given its historical impact on trading volumes and price volatility in variou...
Read Full Article →Bitcoin ETFs Shed $645M This Week as Wall Street Retreats Ahead of Powell Speech
Investors reduced exposure to Bitcoin-related funds by $645 million this week, reflecting cautious market behavior in anticipation of potential shifts in Federal Reserve policy ann...
Read Full Article →Anthony Scaramucci 'Cautiously' Predicts Bitcoin At $180K by End of 2025
Anthony Scaramucci anticipates substantial growth in Bitcoin’s value by 2025, driven by increased institutional participation and significant support from prominent financial firms...
Read Full Article →CFTC Wins Summary Judgment in $228M Crypto Ponzi Case
The recent court decision granting a favorable ruling to the CFTC marks a major development in recovering substantial funds tied to a large-scale fraudulent cryptocurrency scheme.
Read Full Article →Publicly-Listed AMTD Group Wants Investors’ Crypto in Equity Swap Program
AMTD Group’s initiative to trade select cryptocurrencies for company shares introduces a novel approach to fundraising, potentially broadening investment sources and impacting trad...
Read Full Article →Wall Street Trade Groups Call for Rethink of Basel Crypto Standards
Financial regulators are being urged to reconsider existing capital requirements because cryptocurrency risk practices have evolved to more closely resemble those of established fi...
Read Full Article →Ethereum Price at Two-Week Low as $4B Supply Overhang Looms
Ethereum's value has declined to its lowest point in two weeks due to a substantial excess supply nearing $4 billion, reflecting cautious investor behavior amid ongoing economic co...
Read Full Article →Fed's Top Banking Regulator Floats Allowing Staff to Hold Crypto
Allowing employees to own cryptocurrency could enhance regulators' understanding of digital assets, potentially leading to more effective oversight and influencing the financial in...
Read Full Article →Bitcoin Sinks as Concerns Over Inflation, Economic Data Mount
The value of Bitcoin declined sharply due to rising inflation worries, disappointing economic indicators, escalating trade conflicts, increased bond yields, and investors cashing i...
Read Full Article →Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction
Lloyds auction house is selling a large collection of more than 280 Bitcoin-related domain names, which could hold considerable value due to their potential connections to early cr...
Read Full Article →Trump Family-Backed Thumzup to Acquire Dogecoin Mining Company
The acquisition of Dogehash by Thumzup, supported by the Trump family, involves an all-stock transaction that may impact the cryptocurrency mining industry’s market dynamics upon c...
Read Full Article →Dogecoin and XRP Are Bleeding: Where's the Bottom?
Recent price movements in Dogecoin and XRP signal notable declines, prompting analysts to evaluate whether this marks a temporary pause or the beginning of a more sustained downwar...
Read Full Article →'Pirate Nation' Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows
The closure of the Ethereum-based RPG reflects shifting investor interest and potential financial challenges within the evolving landscape of blockchain gaming projects.
Read Full Article →Bitcoin Hashrate, Mining Difficulty Soar While Fees Sink: BlocksBridge
The recent surge in Bitcoin's computational power and mining challenges reflects increased network activity, even as transaction costs have decreased, indicating shifting dynamics...
Read Full Article →SharpLink Reveals $601 Million Ethereum Buy as ETH Rally Cools
SharpLink's recent acquisition of over 143,000 Ethereum tokens, totaling $601 million, signifies a substantial investment during a period of reduced upward momentum in the Ethereum...
Read Full Article →Bullish Takes $1.15 Billion in IPO Proceeds via Stablecoins—Mostly on Solana
Bullish raised $1.15 billion through its IPO by securing funds primarily in stablecoins such as USDC on Solana and RLUSD on the XRP Ledger, highlighting a growing trend in digital...
Read Full Article →Bitcoin Could Keep Surging to New Highs Into 2026, Says Bernstein
Bernstein suggests that Bitcoin’s value may continue rising beyond 2025 due to ongoing government support and investor interest, indicating potential sustained growth in the crypto...
Read Full Article →SEC Chair Atkins Doubles Down on Project Crypto: 'We Want to Embrace Innovation'
The SEC’s new initiative aims to reshape regulatory oversight by excluding many cryptocurrency offerings, potentially impacting market dynamics and investor protections within the...
Read Full Article →Bitcoin Treasury KindlyMD Stock Dives Following $679 Million BTC Buy
Despite acquiring $679 million worth of Bitcoin, KindlyMD's recent investment has coincided with a decline of more than 13% in its stock value over a short period.
Read Full Article →TOM LEE BUYS $1.7B ETH IN PAST WEEK, $LIGHT JUMPS 50% TO NEW ATH, CRYPTO MAJORS IN THE GREEN
Tom Lee’s recent purchase of $1.7 billion in Ethereum highlights increased institutional interest, contributing to notable price gains and reflecting a shifting dynamic in the broa...
Read Full Article →Will Crypto Get Its Long-Awaited Market Structure Bill? Tim Scott Says Vote Could Be Close
The potential challenges in securing sufficient Democratic support for the proposed legislation may impact the regulatory landscape and investor confidence within the cryptocurrenc...
Read Full Article →South Korea Halts Crypto Lending as Market Leverage Sparks Regulatory Concern
South Korea's decision to suspend cryptocurrency lending services reflects increasing governmental attention to risks associated with high market leverage and potential financial i...
Read Full Article →STRATEGY BUYING BTC AGAIN, GOOGLE INVESTS MORE IN BTC MINING, $LIGHT SOARS
Significant capital inflows into Bitcoin and expanded investments in mining highlight growing institutional interest, while key market activities and fundraising efforts indicate e...
Read Full Article →Ethereum ETFs Lose $197 Million—Even Worse Than Bitcoin as Institutions Pull Back
Institutional investors have reduced their exposure to Ethereum ETFs by $197 million, reflecting broader market challenges and geopolitical concerns that are influencing asset allo...
Read Full Article →