Latest News

CFTC Innovation Task Force Targets Crypto Derivatives
Bitcoin near $71.9K, Ethereum $2.2K as CFTC this week launches an Innovation Task Force to shape US crypto-derivatives rules and curb offshore leverage.

NYSE Lifts Crypto ETF Options Caps on 11 Funds
NYSE options venues removed position/exercise caps on options for 11 Bitcoin and Ether spot ETFs, enabling larger hedges and bets ahead of month-end expiries.

Crypto.com Cuts 12% Staff in Enterprise AI Pivot
Crypto.com is cutting 12% of staff this week amid an enterprise-wide AI overhaul to reset operations and curb costs; markets shrugged as BTC, ETH and CRO fell.

Hyperliquid’s $3.64B Whale Order Book Signals an Imminent Long/Short Breakout
Hyperliquid shows $3.64B whale liquidity on its visible order book, signaling an imminent long/short breakout while BTC and ETH remain calm, but intent unclear.

Singapore Jails Man for 2 Years Over $6.9M SafeX Crypto Theft Plot
Singapore sentenced a man to two years for aiding a $6.9M SafeX-linked crypto theft plot, signaling helpers can face prison too as BTC and ETH trade higher.

BlackRock Private Credit Fund Write-Down Spurs Contagion Fears, Hits Crypto and DeFi
BlackRock's $26B private credit fund write-down and withdrawal limits spark contagion fears in a $3.5T market as Bitcoin, Ethereum and DeFi tokens slide.

Altcoin Capitulation Deepens as 38% Linger Near All-Time Lows—Worse Than FTX, Analyst Says
CryptoQuant's Darkfost says 38% of altcoins sit near all-time lows, worse than post-FTX, signaling capitulation despite BTC and ETH gains as liquidity thins.

Kyber Network (KNC) Rips 23% as Cross-Chain DEX Upgrades Ignite Breakout While BTC, ETH Stall
Kyber Network (KNC) surges 23% as cross-chain DEX upgrades ignite a breakout, while Bitcoin and Ethereum stall and altcoins stay mixed in a quiet session.

Paradigm Raises $1.5B Fund to Expand Beyond Crypto Into AI and Robotics: WSJ
Paradigm seeks a $1.5B fund, per WSJ, expanding beyond pure crypto into AI, robotics and other frontier tech while still backing crypto startups for next cycle

Trump Orders Federal Agencies to Phase Out Anthropic AI, Citing ‘Woke’ Bias After Pentagon Contract Clash
Trump orders federal agencies to phase out Anthropic AI over 'woke' bias after Pentagon contract clash, adding risk to AI-crypto trade as BTC and ETH dip.

Cambridge Study: Coin Mixer Activity Rebounds After Crackdowns as Users Shift to New Platforms
Cambridge researchers find coin mixer activity rebounding after crackdowns, as users shift to smaller fragmented platforms harder to track. Privacy persists.

DOJ Arrests Goliath Ventures CEO in Alleged $328M Florida Crypto Ponzi Scheme
DOJ arrested Goliath Ventures' CEO, alleging a Florida crypto Ponzi that raised $328M, using new investor funds to pay earlier victims as civil claims pile up.

Dragonfly on ‘AI vs. Crypto’: It’s Capital Rotation and Risk Repricing, Not Crypto Losing
Dragonfly says AI isn't beating crypto, capital is rotating and risk is repriced. Bitcoin ~$64.5K, Ethereum ~$1.86K show a pause, not death. Markets rotate.

Citizens Initiates Coverage: Prediction Markets at $3B Run Rate Could Grow to $10B
Citizens starts coverage of prediction markets, pegging them at a $3B run rate with potential to reach $10B as liquidity, UX and settlement improve matures.

Australian Police Charge Man in Alleged $3.5M Crypto Investment Scam Targeting Elderly Victims
Australian police charged a man over an alleged A$3.5M crypto investment scam that targeted elderly Australians, using trust and urgency to move funds.

SportFi’s Next Play: On-Chain Prediction Markets Built Around Match-Day Results
SportFi shifts from fan tokens to on-chain prediction markets for match-day results, turning sports debate into trading in its next wave as crypto cools.

PCE Inflation Print Today: Key Bitcoin Levels and Crypto Catalysts Traders Are Watching
PCE inflation data today could swing rate-cut bets and real yields, as traders watch Bitcoin near $67.8K, Ethereum $1.96K and key levels and altcoin catalysts.

Dragonfly Closes $650M Fourth Crypto Fund to Invest in DeFi, Stablecoins and Prediction Markets
Dragonfly closes $650M Fund IV to back DeFi, stablecoins and prediction markets, betting on on-chain finance rails despite weak crypto prices amid VC slowdown.

Elon Musk’s X Product Head Says Crypto Trading Isn’t Coming to the Platform ‘Yet’
X's product head says crypto trading won't launch on the platform yet, cooling everything-app hype as Bitcoin near $68K, Ether and Dogecoin stay steady.

California Starts Enforcing DFAL Crypto Licensing—DFPI Signals Crackdown With $500K Penalty
California's DFPI begins enforcing DFAL crypto licensing, issuing a $500K penalty for alleged unlicensed activity and signaling tougher oversight statewide.