Web3 revenue shifts from blockchains to wallets and DeFi apps

In recent developments, a growing amount of the blockchain industry’s fees are captured by DeFi protocols rather than the underlying networks, signaling a potential investor shift to front-end facing applications.…

Belarus creates legal framework for ‘cryptobanks’ in new presidential decree

In recent developments, the rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight. Looking closer, market participants highlight key drivers…

Trump moves on the Fed, Italy warns ‘fin-fluencers’: Global Express

In recent developments, uS President Donald Trump is bringing criminal charges against the head of the Fed in what many see as a political move motivated by a desire for…

Polygon trims workforce amid $250M stablecoin payments pivot

In recent developments, the restructuring comes as the company integrates new payments assets and narrows its mandate, with several employees saying on X that they were affected by the layoffs.…

Bitcoin traders predict ‘strong run-up’ as classic chart targets $113K

In recent developments, the recovery may continue as long as Bitcoin achieves a daily close above $98,000, with the technical setup projecting 18% gains ahead. Looking closer, market participants highlight…

Ethereum activity doubles with influx of new users: Glassnode

In recent developments, ethereum saw activity retention nearly double to 8 million addresses in a month while daily transactions hit an all-time high of 2.8 million amid soaring stablecoin use.…

Iran’s crypto ecosystem spikes to $7.8B amid mass protests: Chainalysis

In recent developments, bitcoin has become an “element of resistance” in Iran, providing liquidity in an increasingly restricted economic environment, says Chainalysis. Looking closer, market participants highlight key drivers such…

Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’

In recent developments, the Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the…

West Virginia lawmaker introduces bill to allow state crypto investments

In recent developments, the legislation would allow the state‘s treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of…

Bitcoin must hold $94K next, says trader as BTC price dips at US open

In recent developments, bitcoin halted its bullish BTC price rebound to dip below $96,000 on news that Middle East geopolitical tensions were easing. Looking closer, market participants highlight key drivers…