Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.
‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.
Little-Known Company’s Trump Coin Bet Ignites Massive Stock Rally
A small US logistics firm hit headlines after announcing plans to hold the TRUMP memecoin as part of its treasury. Freight Technologies Inc.’s share price surged over 100% on Friday after reports of the announcement. Related Reading: Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move According to a Bloomberg report, the lesser-known company […]
CME Group Crypto Derivatives Volume Soars 129% in April With ETH Leading the Charge
The exchange saw its crypto derivatives volumes rise sharply to $8.9 billion in April, led by ether futures growth.
State of Crypto: IRS Departures
Seth Wilks and Raj Mukherjee, two IRS digital asset directors, are leaving the agency just over a year after joining it.
Bitcoin Mirrors Gold’s Breakout Structure – New ATH Coming In Q2 2025?
Bitcoin is currently trading around the $96,000 mark after a week of strong bullish price action that saw it reach $97,900 — its highest level since the March sell-off. The price now flirts with the psychological $100,000 barrier, a key milestone that could confirm the start of a new macro uptrend. However, global macroeconomic tensions […]
Best Altcoins Set to Thrive as Cannes Embraces Crypto Payments in 2025
Cannes, the glitzy capital of film and French Riviera flair, is about to take on a new role: global crypto tourism hub. The city announced plans to roll out crypto payment infrastructure across 90% of local merchants, thanks to a partnership with Web3 payment firm Lunu Pay. By summer 2025, you might be able to […]
Bitcoin Difficulty Finally Headed For Cooldown: Almost 5% Drop Expected
On-chain data shows the Bitcoin Difficulty is set to see a drop in the upcoming adjustment after having gone up the previous four times. Bitcoin Difficulty Will Finally Provide A Break To Miners The “Difficulty” refers to a feature present on the Bitcoin blockchain that defines how hard the miners would find it to mine […]
Bitcoin Open Interest Approaches Key Breakout Zone Seen In Prior Bull Markets – Details
According to a recent CryptoQuant Quicktake post by contributor Avocado_onchain, Bitcoin (BTC) may be primed for an extended rally. The top cryptocurrency’s open interest in the futures market is approaching historically high levels – a trend seen during previous bull markets. Bitcoin Open Interest Continues To Climb As BTC edges closer to the $100,000 mark, […]
FinCEN Seeks to Block Huione from US System Citing North Korea-Linked Crypto Crimes
The US Treasury Department is taking steps to sever financial ties with Cambodia-based Huione Group over its alleged involvement in laundering billions in illicit crypto-linked funds. In a move targeting potential national security risks, the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would prohibit Huione from accessing the US financial system, […]