The latest data shows weaker ETF demand and lower leverage, with key levels now likely to shape Bitcoin’s next move. Bitcoin (BTC) was trading near $84,000 after another failure to break above its yearly open at $87,700. Bitfinex said the next move will depend more on renewed spot demand than on increased futures leverage….
A New York jury has convicted cybersecurity consultant Jonathan Spalletta of computer fraud and money laundering over two Uranium Finance attacks that drained nearly $55 million, with the money laundering count carrying up to 20 years in prison. Summary Spalletta was convicted on both counts after a six-day federal jury trial in Manhattan. Prosecutors traced…
Bitcoin (BTC USD) fell about -0.5% to about $85,800 after sellers rejected a move above $87,000 for the third time since September 23. The setback came as Strategy bought 334 BTC and Strive added 2,000. This creates a clear contrast: corporate accumulation continues, but Bitcoin’s price has not yet turned that demand into a confirmed…
Singapore’s regulatory question is less about where Hyperliquid Labs is registered and more about whether it falls under MAS oversight. An interesting case seems to be brewing around Hyperliquid. Reports have emerged that authorities in Singapore, the city-state the decentralized trading platform claims is home to its corporate headquarters, say they have no jurisdiction…
House Financial Services Committee Chair French Hill has renewed his push for a permanent US crypto law, saying regulatory action falls short of legislation as the Senate faces just 22 session days after November’s elections. Summary Hill said SEC and CFTC crypto measures cannot provide the lasting framework Congress could establish. The Senate blocked CLARITY…
In Cardano news today, the Cardano Foundation has launched CIP-0113, a standard that lets issuers build compliance rules into programmable tokens for regulated stablecoins, funds, and bonds. ADA is down 7.5% over 24 hours amid a broader market drop, trading at $0.254, so this sell-off isn’t necessarily tied to a negative reaction to Cardano’s CIP-0113…
Paxos has added XRP to its Crypto Brokerage platform, enabling partners to offer buying, selling, holding, depositing, and withdrawing for a token the company says is held across more than 8.1 million wallets. Summary Paxos has added XRP support for partner trading, custody, deposits and withdrawals. The XRP Ledger Foundation named PayPal, Venmo and major…
Winklevoss Asset Services has filed a Form S-1 registration statement with the US Securities and Exchange Commission for a proposed spot Zcash ETF that would hold ZEC directly and seek a Nasdaq listing under the ticker WINK. The fund’s proposed annual sponsor fee is 0.25%, and its brokerage-based structure could give investors Zcash exposure without…
Hayes leaves room for an AI bull case, arguing stronger demand within a year could make AI infrastructure companies more profitable overall. Arthur Hayes, the former BitMEX CEO and co-founder of crypto investment firm Maelstrom, told CNBC at the Gamma Prime Investing Conference in Singapore that humanity is “wasting multi-trillion dollars” on AI data…
Ethereum price has fallen below $2,600 as escalating tensions around the Strait of Hormuz triggered a wider crypto sell-off and pushed ETH toward a key technical support zone. Summary Ethereum price fell below $2,600 as geopolitical tensions triggered a broader crypto market sell-off. ETH is testing the key $2,500–$2,560 support zone after dropping below its…
