Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights: Bitcoin fell below the $84,000 threshold, hitting 24-hour lows of $83,551 on Coinbase and $83,555 on Kraken. Bullish traders took the heaviest losses, with Coinalyze reporting $83 million in long liquidations across tracked bitcoin contracts compared to $8.4 million in short liquidations. Despite the wave of forced closures, derivatives open interest increased by ...
Key Highlights: Representative Don Davis has introduced the “No Betting on Your Own Race Act,” proposing civil penalties of up to $10,000 or triple the net financial gain for candidates trading on their own elections. The legislative push follows a high-profile disciplinary action by prediction exchange Kalshi against Laurie Buckhout, Davisās Republican challenger, who bet ...
Key Highlights Founders Fund has backed decentralized finance protocol Anvil, acquiring governance ANVL tokens to support its verifiable digital asset collateral framework. Anvil Research Labs announced an enterprise partner roster including Consensus, Bitcoin.com, Flexa, EukaPay, Helva Finance, Yabe Market, Digital Spenders Club, and Emerald. Bullish CEO Tom Farley and Acronym Foundation president Tyler Spalding previously ...
Key Highlights: Large Bitcoin holders have reduced their exchange supply deposits near the lower end of the recent trading range, curbing immediate sell pressure. Trading near $86,200, Bitcoin positions major whale and shark cohorts well into profit relative to their realized cost bases of $62,100 and $67,500. Bitcoin’s Net Unrealized Profit and Loss (NUPL) jumped ...
Key Highlights: Iza received a 78-month federal prison sentence running concurrently with an existing 15-year Connecticut term following guilty pleas to conspiracy against rights, wire fraud, and tax evasion. From 2020 to 2024, Iza generated tens of millions of dollars by fraudulently hijacking Meta advertising accounts and selling credit lines, leaving Meta to absorb customer ...
Key Highlights Kalshi’s 15-minute crypto and commodity markets generated $20.4 million in fees over a seven-day period ending October 5, accounting for 80% of non-sports fees. While Ether’s short-duration contracts climbed to 318 million in September, gold emerged as a major market driver by recording 542 million contracts traded during the month. Short-duration contracts deliver ...
Key Highlights: Luca Netz announced the closure of the Abstract blockchain following eight-figure losses, stalled growth, thin trading markets, and limited institutional interest. Parent company Igloo is shifting its full operational focus back to its core brand, Pudgy Penguins, its digital collectibles, and the associated PENGU token. Despite high on-chain activity and high-profile brand participation, ...
Key Highlights Sui is preparing to break its existing record of 6,086,766 transactions per second (TPS) live on the main stage at Sui Basecamp 2026 in Singapore. Blockchain security firm CertiK will analyze execution logs and journals to audit Suiās “effective TPS,” which relies on versatile off-chain channels. Mysten Labs leaders emphasize that multi-million TPS ...
Key Highlights Cardano has introduced a permissioned token architecture using smart contracts to enforce regulatory and transfer rules without requiring a network hard fork. Cardano Foundation CEO Frederik Gregaard stated that asset rules must travel directly with the token and remain strictly enforceable across every transfer. The functionality includes issuer capabilities to restrict transfers or ...
Key Highlights: Evernorth Holdings Inc. and special purpose acquisition company Armada Acquisition Corp. II have submitted a revised schedule to the SEC postponing their planned merger closing and public debut dates. Armada II shareholders previously approved the business combination on September 30, paving the way for the combined entity to trade under the Nasdaq ticker ...
Key Highlights Blockchain analytics firm Crystal found that 74% of the Open USD ($OUSD) supply was held across just 10 wallets following its launch snapshot on Oct. 5. A vast majority of the supply remained idle in staged custody, including $396 million across eight Tempo wallets funded by Bridge and $200 million held within Coinbase ...
Key Highlights: Winklevoss Capital Fund, through affiliated entities, has signaled non-binding interest in acquiring up to $100 million of shares in a proposed Zcash ETF. The planned exchange-traded fund aims to offer traditional brokerage access to Zcash ($ZEC), a privacy-centric cryptocurrency utilizing zero-knowledge proofs. ZEC has gained over 735% over the past year, achieving a ...