Cryptocurrency

1446 items in section

Fed signals potential rate hikes as AI demand fuels inflation fears

A 59% probability of a U.S. interest rate hike now looms over financial markets as Federal Reserve officials warn that AI-driven demand, geopolitical instability, and trade tariffs could force a shift in monetary policy to combat persistent inflation lingering above the central bank’s 2% target.

Circle Braces for GENIUS Act Deadline as Stock Struggles

With the July 18 deadline for the GENIUS Act fast approaching, Circle finds itself at a regulatory crossroads. Federal agencies are set to unveil implementation rules for stablecoin oversight, a move that has cast a shadow over CRCL shares as investors weigh potential shifts in reserve and licensing requirements.

XRP Ledger Marks One Million AI Payments as t54.ai Opens Developer Hub

The XRP Ledger has officially crossed the threshold of 1 million autonomous payments processed via the x402 protocol. This milestone coincides with the launch of the XRPL AI Hub, a centralized platform designed to consolidate AI agents, developer tools, and payment infrastructure for builders working within the network’s expanding ecosystem.

Musk and OpenAI in AI Showdown as Grok 4.5 Meets GPT-5.6

A high-stakes clash in artificial intelligence unfolds this Thursday as Elon Musk’s SpaceXAI debuts its Grok 4.5 model, directly challenging OpenAI’s simultaneous rollout of the GPT-5.6 family. Both companies are racing to capture market share with releases that promise significantly improved performance and expanded architectural capabilities.

Google Bans Real-Money Prediction Market Extensions in Chrome

Starting August 1, 2026, Google will prohibit Chrome extensions that facilitate real-money transactions on predictive outcomes. The policy update forces developers to strip wagering features from their software or face removal from the Chrome Web Store, marking a significant escalation in oversight for the burgeoning prediction market sector.

BingX Leverages Enzo Fernández World Cup Milestone for User Campaign

Midfielder Enzo Fernández secured Argentina’s spot in the World Cup quarterfinals with a decisive goal that also marked the 3,000th strike in tournament history. Following the performance, exchange platform BingX is capitalizing on the momentum by rolling out a series of community-focused promotional campaigns for its global user base.

Trump threatens Iran strikes as Bitcoin retreats

Bitcoin tumbled below $62,000 on Thursday as Donald Trump warned of imminent military strikes against Iran, citing Tehran's alleged violation of previous agreements. The rhetoric, delivered during the NATO Summit in Ankara, sent shockwaves through financial markets, fueling a 5% surge in oil prices on fears of supply chain disruptions.

SpaceX Bitcoin movement sparks jitters as SPCX stock slides

A nominal $88 Bitcoin transfer from a SpaceX-linked wallet has triggered outsized market anxiety, casting a shadow over the company’s recent Nasdaq-100 debut. Despite the microscopic size of the July 8 transaction, the move broke a six-month silence, amplifying investor unease already heightened by broader corporate sell-offs.

OpenAI Clears Regulatory Hurdle for GPT-5.6 Launch

The U.S. Department of Commerce has granted OpenAI official clearance for its GPT-5.6 model, a decision that ends weeks of regulatory uncertainty. This approval clears a path for the company to deploy three distinct versions of the system—Sol, Terra, and Luna—as early as this Thursday.

American CryptoFed Pushes SEC Toward August Token Deadline

With an August 17 deadline looming, American CryptoFed is demanding that the Securities and Exchange Commission recognize its Locke governance token. The organization contends that under federal securities law, the registration should take effect automatically, marking a critical juncture in its years-long struggle to achieve formal regulatory compliance.

Europe’s Crypto Reset: The High Cost of MiCA Compliance

The July 1, 2026, deadline for the European Union’s Markets in Crypto-Assets (MiCA) regulation triggered an industry-wide contraction, forcing thousands of firms to shutter or relocate. Out of more than 3,000 legacy Virtual Asset Service Providers, only 244 projects successfully secured the necessary CASP licenses to continue operations.

Dunamu Secures South Korean Police Crypto Custody Contract

The Korean National Police Agency has named Dunamu, operator of the Upbit exchange, as the preferred bidder for a one-year contract to manage seized digital assets. The deal, valued at 267 million won, aims to secure confiscated cryptocurrencies following a series of high-profile security lapses within law enforcement agencies.

Base Rolls Out B20 Standard to Simplify Native Asset Issuance

Developers on the Base network can now issue stablecoins and tokenized real-world assets directly through protocol-level infrastructure. By bypassing the need for custom ERC-20 smart contracts, the newly activated B20 standard aims to streamline asset deployment while maintaining compatibility with existing wallets and exchange systems.

India’s Reserve Bank Doubles Down on Crypto Prohibition

The Reserve Bank of India has reaffirmed its push for a total ban on cryptocurrencies and privately issued stablecoins, arguing that these assets threaten the nation’s monetary sovereignty. Despite this hardline stance, millions of Indian investors continue to trade, leaving tax authorities struggling to track transactions across offshore platforms.

Kenya seeks blockchain surveillance to police new crypto market

Kenya’s Capital Markets Authority is moving to acquire an advanced blockchain analytics platform capable of monitoring transactions across 20 different networks. The push comes as the regulator prepares to enforce its new virtual asset law, aiming to track suspicious wallets and identify offshore exchanges operating without local approval.

Plaintiffs drop 44 wallets from Satoshi Bitcoin ownership lawsuit

The legal bid to seize thousands of dormant Bitcoin wallets has hit a snag, as plaintiffs were forced to strike 44 addresses from their list. The move comes after on-chain activity confirmed that the accounts—previously labeled as abandoned—remained under the control of their original owners.

Bitmine Nears 5% Ethereum Supply Milestone with $70M Acquisition

Bitmine has expanded its massive Ethereum holdings with a fresh $70 million purchase, bringing its total treasury to nearly 5% of the token’s entire circulating supply. The move underscores the company's aggressive strategy to dominate the network’s staking ecosystem despite recent volatility in its own share price.

Altcoin Market Struggles as Liquidity Drains and Bitcoin Dominance Holds

Forty percent of all altcoins are currently trading near their all-time lows, a stark indicator of the deepening stress across the broader cryptocurrency market. As Bitcoin maintains its grip on investor capital, the sheer volume of new token issuance continues to dilute liquidity, leaving smaller projects vulnerable to collapse.

Toss Launches Blockchain Pilot for Won-Linked Stablecoins

South Korean financial giant Toss has entered a three-month trial with Optimism and Sunnyside Labs to determine if public blockchain infrastructure can handle institutional payment demands. The project centers on testing whether a won-linked stablecoin can thrive under strict local regulatory compliance and privacy standards.

EU Lawmakers Revive Controversial Message Scanning Proposal

With a narrow 331-304 vote, the European Parliament has fast-tracked a decision on extending temporary powers that allow platforms to scan private messages for child sexual abuse material. The move revives a framework that expired in April, forcing an urgent showdown this Thursday that could impact the future of digital privacy.

Clearstream Adds Six Altcoins to Institutional Custody Platform

Clearstream, the post-trade powerhouse owned by Deutsche Börse Group, has expanded its digital asset custody service to include XRP, Solana, Cardano, Litecoin, Stellar, and Avalanche. This move doubles the firm's supported crypto portfolio, signaling a shift in institutional appetite for assets beyond Bitcoin and Ether within regulated frameworks.

Russian lawmakers soften crypto disclosure rules in new draft

The State Duma Financial Market Committee has greenlit a revised cryptocurrency bill, ditching a controversial requirement for users to report individual wallet addresses. By shifting focus toward transaction volume and balance reporting, officials aim to mitigate security risks while integrating digital assets into the domestic financial system.

AngelList to End Crypto Funding Support by July 31

Investors on AngelList must transition to traditional banking methods by the end of July as the platform discontinues support for cryptocurrency payments. The shift, triggered by a third-party provider's service exit, impacts funding contributions made via USDC, USDT, DAI, and ETH for all new investment commitments.

Solana Foundation Taps Twitter Veteran Michael Coates as Security Chief

Michael Coates, the former head of security at Mozilla and Twitter’s inaugural CISO, has joined the Solana Foundation to oversee its cybersecurity operations. His appointment arrives as the network manages massive daily stablecoin volumes and seeks to bolster its defenses against increasingly sophisticated threats, including AI-driven attacks.

Judge Torres Deals Blow to Kalshi in New York Sports Betting Case

A federal judge has denied Kalshi’s request for a preliminary injunction, allowing New York to proceed with its legal challenge against the exchange’s sports prediction markets. The decision rejects the platform’s argument that federal oversight should automatically override state gambling laws, forcing the company to face state-level scrutiny in the financial hub.

Gemini pivots to stocks with zero-commission trading rollout

Gemini is shedding its crypto-only identity by launching commission-free stock trading across most of the United States. By integrating thousands of exchange-listed securities directly into its mobile app, the company aims to transform from a niche digital asset exchange into a comprehensive financial hub for retail investors.

StarkWare CEO’s 4% inflation proposal ignites Bitcoin cap debate

StarkWare CEO Eli Ben-Sasson has sparked a fierce backlash within the cryptocurrency community by suggesting that Bitcoin’s rigid 21-million supply cap is flawed. He argues that the inevitable loss of private keys over time necessitates a new monetary policy, proposing an annual issuance of up to 4% to maintain liquidity.

Strategy’s $135M Bitcoin Sale Bypasses Monetization Cap

MicroStrategy’s recent $135 million Bitcoin sale may not diminish its $1.25 billion monetization program as previously assumed by market observers. According to VanEck’s head of digital assets research, Matthew Sigel, the company’s latest regulatory filings indicate that dividend-related liquidations are categorized separately from the firm's primary cash reserve-funding initiative.

Strike Debuts Volatility-Proof Bitcoin Loans to Curb Forced Liquidations

Strike has introduced a Bitcoin-backed loan product designed to eliminate margin calls and price-triggered liquidations for borrowers. By decoupling debt security from market volatility, the firm allows users to access cash while maintaining their Bitcoin positions, provided they adhere to a strict repayment schedule.