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…
Five Bitcoin narratives analysts are watching beyond price
In recent developments, eTF flows, treasury stocks, mining fees, scaling trade-offs and regulation now explain Bitcoin’s market shifts better than price alone. Looking closer, market participants highlight key drivers such…
Indian crypto platforms push for tax rethink ahead of February budget
In recent developments, industry leaders say transaction-level taxes and loss restrictions are draining liquidity as India tightens crypto compliance and enforcement. Looking closer, market participants highlight key drivers such as…
Universal blockchains buckle under real-world demands
In recent developments, general-purpose blockchains can’t solve industry disputes over construction changes or equipment usage. Specialized layer 1s are optimized for stateless audit trails and regulatory compliance. Looking closer, market…
