Crypto
AI Summary
- Bitcoin has seen significant price action, breaking key technical levels like the 200-day moving average and challenging the $80,000 mark, fueled by a combination of factors including Treasury actions perceived as 'Not-QE', strong ETF inflows, and a large amount of short liquidations.
- The regulatory landscape in the US remains a key focus, with the CFTC chair indicating a readiness to implement crypto regulations if the proposed Clarity Act fails to provide sufficient guidance, while discussions around prediction markets and state-level digital asset taxes continue.
- Institutional adoption is advancing with Laser Digital securing Japan's first crypto exchange approval in four years, and traditional financial players like Franklin Templeton exploring tokenized assets within ETFs, alongside Standard Chartered revising its year-end Bitcoin price predictions upwards.
- The mining sector is experiencing a shift, with Bitcoin miners investing heavily in AI infrastructure, directing capital towards AI cloud computing deals that significantly outpace their current revenues, while some companies like Bitdeer are securing substantial partnerships.
- Notable developments in the altcoin space include Solana reducing its block time to enhance speed, Binance enabling crypto trading for AI agents with user-defined controls, and the emergence of new security concerns, such as a phishing campaign targeting numerous phone numbers and exploits affecting protocols like MANTRA and Maya.
Sources
Cointelegraph
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Here’s what happened in crypto today
14 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
14 hours ago
by Cointelegraph by Nate Kostar
MarketsGracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years.
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Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
15 hours ago
by Cointelegraph by Turner Wright
Latest NewsThe hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds.
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Onchain, in court: What happened in crypto legal news this week
15 hours ago
by Cointelegraph by Turner Wright
Latest NewsThe CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the removal of Nicolas Maduro.
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Bitcoin seeks support near $77K as BTC, gold near 100-day highs
15 hours ago
by Cointelegraph by William Suberg
MarketsBitcoin volatility eased after BTC hit its highest level since mid-May, while gold joined the cryptocurrency in approaching three-month highs.
CoinDesk
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Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz
5 hours ago
by Shaurya Malwa
Markets, NewsZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
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How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days
6 hours ago
by Shaurya Malwa
Markets, NewsTreasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.
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Crypto advocates join in suing Illinois over digital asset tax
12 hours ago
by Jesse Hamilton
Policy, Tax, NewsThe Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.
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Pass the Clarity Act
16 hours ago
by Summer Mersinger
OpinionReopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association.
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Ethena's ENA token surges 48%, but altcoin season will have to wait
18 hours ago
by Oliver Knight
Markets, Altcoins, NewsENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season.
Decrypt
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Coldcard Adds New Security Measures After $130 Million Bitcoin Exploit
13 hours ago
by Jason Nelson
TechnologyCoinkite's latest firmware requires users to add their own randomness when generating wallet seeds and fixes additional security issues uncovered during a three-week review.
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Wall Street and Washington Fuel Bitcoin Rally: Here's What's Going On
15 hours ago
by Jason Nelson
MarketsInstitutional buying, improving macro conditions and a friendlier regulatory outlook are supporting Bitcoin's rally, while billions in short liquidations have accelerated the move.
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Solana Just Got Faster—Is It Bullish for SOL?
16 hours ago
by Jose Antonio Lanz
CoinsSolana has activated the first reduction in its block timing since launch, speeding up transactions on the network.
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Washington Goes All-In on Crypto: Trump Pushes Clarity, SEC Rules, and CFTC Warnings
17 hours ago
by EleanorTerrett
Law and OrderTrump urged executives to pass a "fair version" of the Clarity Act, the CFTC warned it would write its own rules if the bill stalls, and the SEC abruptly advanced its first crypto fundraising framework.
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Strategy Swings From $13 Billion Bitcoin Loss to $1.4 Billion Profit as BTC Rallies
17 hours ago
by Jason Nelson
BusinessThe Bitcoin treasury giant is sitting on roughly $1.4 billion in unrealized gains after Bitcoin climbed above its average acquisition price.
AMBCrypto
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BounceBit abandons its Layer 1 after 286.5M BB exploit – Why BNB Chain?
2 hours ago
by Ishika Kumari
News, Social, Trading View, ambcryptoYZi Labs-backed BounceBit has announced plans to permanently cease its BounceBit Chain. Instead of repairing the network, BounceBit plans to redeem BB as a BEP-20 token on BNB Chain. This comes after a recent attack in which the wrongdoer misused a flaw in one of BounceBit Chain’s built-in protocol modules. This allowed the attacker to Continue reading "BounceBit abandons its Layer 1 after 286.5M BB exploit – Why BNB Chain?"
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XRP hits 7-month high despite $109M liquidations — What happens next?
3 hours ago
by Gladys Makena
News, Ripple, Social, Trading View, ambcryptoWhales sent less XRP to exchanges, while institutions placed fresh money behind the rally.
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Solana flirts with $100 despite rising competition – Can SOL unlock 20% more?
3 hours ago
by Benjamin Njiri
News, Social, Solana, Trading View, ambcryptoWill SOL bulls clear the 2026 price range next week or remain subdued?
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Franklin Templeton to bring tokenized assets into traditional ETFs — Details
4 hours ago
by Ishika Kumari
News, Social, Trading ViewThe SEC's nod opens up a bigger story that may not just be restricted to Franklin’s $2.6 billion tokenized fund.
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Spot demand and whales back FET rally, but THIS level could flip the trend
5 hours ago
by Olayiwola Dolapo
Altcoin, News, Social, Trading ViewFET's rally has been good, but can it last?