Crypto
AI Summary
- The crypto market is grappling with significant security challenges, evidenced by the $285 million Solana exploit on the Drift protocol and ongoing concerns about quantum computing threats to Bitcoin and Ethereum, prompting initiatives like Naoris Protocol's post-quantum blockchain launch.
- Regulatory scrutiny remains high, with prediction markets facing legal hurdles in Asia and the US, exemplified by the Nevada judge's ban on Kalshi and the CFTC's lawsuits against states, while Cambodia proposes severe penalties for crypto scammers.
- Institutional adoption continues to grow, highlighted by Charles Schwab's plans to launch spot Bitcoin and Ether trading, and Coinbase securing initial approval for a trust charter, although US community banks are opposing the move.
- Bitcoin's price dynamics are under intense analysis, with predictions of potential liquidations for short positions, debates about its performance relative to gold post-shocks, and the emergence of corporate treasuries like Metaplanet adding significant BTC holdings.
- The Ethereum Foundation has made substantial progress towards its staked ETH goal, adding $93 million worth of ETH, while broader developments include Tether potentially delaying fundraising and a solo miner securing a significant block reward.
Sources
Cointelegraph
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Here’s what happened in crypto today
6 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, Bitcoin, Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Telegram founder Pavel Durov says Iranian government's ban backfired
8 hours ago
by Cointelegraph by Vince Quill
Latest NewsThousands of software developers are currently developing virtual private networks to circumvent state control of the internet, Durov said.
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Jimmy Song explains why Bitcoin needs a 'conservative' node client
10 hours ago
by Cointelegraph by Vince Quill
Latest NewsThe Bitcoin advocate is the co-founder of ProductionReady, a non-profit initiative to fund open source development of BTC software and education.
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Nevada judge extends ban on Kalshi, rejects event contract defense
15 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsThe judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license.
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Prediction markets are testing legal limits in strict Asian markets
16 hours ago
by Cointelegraph by Yohan Yun
FeaturesPrediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go.
CoinDesk
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Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds
9 hours ago
by Francisco Rodrigues
Markets, Bitcoin News, NewsThe study analyzed 60-day windows after economic or geopolitical shocks and found that Bitcoin posted stronger returns than gold and the S&P 500 in each period.
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Ex-UK Chancellor backs bitcoin as alternative to failing systems
11 hours ago
by James Van Straten
Markets, Bitcoin News, NewsKwasi Kwarteng reflects on current UK market turmoil, fiscal “doom loop,” and his move into bitcoin with Stack BTC.
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Digital asset treasuries must now earn their keep
11 hours ago
by Sean Kiernan
Opinion, Digital Asset TreasuryFor treasuries to do so and stay competitive, Kiernan unpacks three broad strategies that are emerging.
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Traders are the big winners as 24/7 stocks will finally end the after-hours price 'manipulation'
14 hours ago
by Olivier Acuna
Markets, NYSE, DeFi, NewsRound-the-clock markets promise freedom for investors and pressure for intermediaries who traditionally wielded immense power during off-hours
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Solana's quantum-threat readiness reveals harsh tradeoff: security vs speed
16 hours ago
by Margaux Nijkerk
Tech, Solana News, NewsWhile Bitcoin developers scramble to find a solution and Ethereum prepares for 'Q-day,' Solana is trying to get ahead of that scenario.
Decrypt
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AI Giant Anthropic Files to Launch 'AnthroPAC' Amid Clash With Trump Administration
12 hours ago
by Jason Nelson
Artificial IntelligenceClaude developer Anthropic registered an employee-funded PAC amid a legal battle with the White House and rising election-year scrutiny of AI.
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Anthropic Spots 'Emotion Vectors' Inside Claude That Influence AI Behavior
15 hours ago
by Jason Nelson
Artificial IntelligenceResearchers say internal emotion-like signals shape how large language models make decisions.
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Charles Schwab Is Gearing Up to Offer Bitcoin, Ethereum Spot Trading
a day ago
by Logan Hitchcock
BusinessFinancial giant Charles Schwab is set to launch spot buying of Bitcoin and Ethereum by the end of the quarter, the firm said Friday.
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FIFA Inks World Cup Prediction Market Deal With ADI Predictstreet
a day ago
by Decrypt Agent
BusinessThe FIFA World Cup will feature a prediction market platform built on ADI Chain, with the network’s token hitting a new high Friday.
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Bitcoin Miner MARA Slashes 15% of Workforce After Selling $1.1 Billion in BTC
a day ago
by Logan Hitchcock
MarketsPublicly traded Bitcoin miner MARA cut 15% of its staff this week after selling $1.1 billion in Bitcoin to fuel an AI push.
AMBCrypto
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Altcoins show strength, Solana draws capital – Is it 2023 all over again?
an hour ago
by Ritika Gupta
Altcoin, News, Social, Solana, Trading View, ambcryptoWhich crypto could lead the next charge if altcoin season comes up?
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PIPPIN crashes 44%: How $3.03M liquidations forced a market reset
3 hours ago
by Muriuki Lazaro
Altcoin, Analysis, HideCryptopanic, News, News 1, No Homepage, Social, Trading View, ambcryptoPIPPIN stabilizes near key support after a sharp liquidation-driven drop, with fading selling pressure.
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FDIC to vote on bank stablecoin rules ahead of GENIUS Act deadline – Details
5 hours ago
by Benjamin Njiri
Global News, News, Social, Stablecoins, Trading ViewRegulators have intensified rule-making for GENIUS Act as stablecoin rules take shape.
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$195M EdgeX airdrop sparks backlash: What it means for EDGE prices
6 hours ago
by Gladys Makena
Altcoin, News, News 1, Social, Trading ViewEDGE surged to a new all time high of $1.19, then crashed below $1 to $0.93.
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Record-low retail demand, $18B ETF flows: Is Bitcoin near a supercycle?
7 hours ago
by Ritika Gupta
Bitcoin, BTC Trading View, Memecoins, News, News 1, Social, Trading View, ambcryptoRetail on the sidelines while memecoin metrics diverge, signaling a possible institutional inflection in the market.