A South Korean court has lifted a six-month partial business suspension on cryptocurrency exchange Bithumb, though the status of a $24.6 million fine remains unclear. This legal win follows heightened regulatory scrutiny and a recent operational error involving mistaken bitcoin distributions.
The U.S. Senate has unanimously voted to ban its members and staff from wagering on prediction market platforms, a move swiftly approved despite the chamber's recent legislative gridlock on crypto regulation.
Senators Elizabeth Warren and Ron Wyden have written to Commerce Secretary Howard Lutnick and Tether CEO Paulo Ardoino, raising concerns over reports that Tether provided a loan to a family trust to help finance Lutnick's divestiture of his company stake.
Despite a recent earnings miss driven by crypto weakness, major investors and analysts are betting on Robinhood's recovery, citing strong equity and options trading volumes and new ventures like Rothera.
Gemini has secured CFTC approval for a derivatives clearinghouse license, enabling it to compete in the rapidly growing prediction market sector. The company's shares rose approximately 7% following the announcement.
A recent weather data anomaly linked to Polymarket bets highlights the critical vulnerability in relying on fragile data infrastructure for financial settlements. As prediction markets expand, the integrity of the underlying data becomes the true bottleneck for trust and reliability.
Bitcoin encounters resistance at $80,000 as derivatives markets signal risk aversion, with profit-taking pressure and macroeconomic factors weighing on risk assets. Memecoin platform Pump.fun introduces Charity Coins to route fees to verified nonprofits while scaling back its PUMP token buy-and-burn program.
Historical seasonality points to a bullish May for Bitcoin despite recent consolidation, though rising bond yields and geopolitical tensions pose macro risks. A potential moving average crossover signals strengthening momentum, though past patterns show mixed results in weaker markets.
Visa extends its stablecoin settlement pilot to nine blockchains, achieving a $7 billion annualized run rate as it supports cross-border transactions via USDC and other stablecoins.
Hyperliquid is launching a new fee structure for outcome tokens, aiming to capture a share of the rapidly expanding prediction market sector by offering zero-fee entry and competing with established platforms like Polymarket.
Belo, which has over 3 million users across Latin America, offers a digital wallet that lets users hold and transfer local currencies alongside digital dollars.
Bitcoin's trading volume has plummeted below $8 billion, its lowest level since October 2023, increasing market vulnerability to sharp price movements despite options traders anticipating stability. Rising Treasury yields and energy market disruptions pose growing macro risks to risk assets.
As AI amplifies market noise and creates false consensus, the ability to discern genuine signal has become the most valuable asset for investors navigating a rapidly shifting geopolitical and financial landscape.
Despite Bitcoin's recent price surge, perpetual futures are showing negative funding rates, which Decryptnews analyst explains as a result of institutional hedging rather than bearish sentiment.
Canada's Bill C-25, the Strong and Free Elections Act, has passed its second reading with Conservative backing, advancing to committee review while facing minimal opposition. The legislation seeks to prohibit cryptocurrency contributions to federal political campaigns, grouping them with other hard-to-trace funding methods.
Fidelity Digital Assets reports early signs of stabilization in the crypto market, with Bitcoin leading the charge as underlying metrics improve despite subdued prices.