US Treasury issues sanctions on Iran, targets 4 crypto exchanges
In recent developments, the sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since…
Bitcoin falls below $66K as US and Iran launch new strikes
In recent developments, bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Looking closer, market participants highlight…
New York and Europe’s finance watchdogs team up to police stablecoins
In recent developments, some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.…
Microsoft Reveals ‘1,000x More Reliable’ Quantum Chip as Bitcoin Threat Draws…
In recent developments, microsoft said AI helped speed Majorana 2 development, adding to growing concerns about when quantum computers could threaten Bitcoin’s cryptography. Looking closer, market participants highlight key drivers…
Gold Overtakes US Treasuries as Top Reserve Asset: ECB Data
In recent developments, gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification.…
Binance Research Links Bitcoin Weakness to Record S&P 500 Capital Inflow
In recent developments, binance Research says bitcoin’s recent weakness may be driven by capital rotating into a small group of hot U.S. equity themes. The firm argues that without a…
Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
In recent developments, “Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan. Looking closer, market participants…
Modern robots impress, but are years away from replacing humans
In recent developments, aI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages. Looking closer, market…
Stablecoin Activity Surges to 49.7x Velocity as Crypto ETF Outflows Deepen
In recent developments, stablecoin use is accelerating beyond crypto trading, with filtered transaction velocity reaching a record 49.7 times annualized. At the same time, bitcoin and ethereum spot ETFs are…
Trader Loses 1,680 BTC Fight as South African Court Classifies Bitcoin as Cap…
In recent developments, a South African High Court ruled that bitcoin can be legally treated as “capital” and a “negotiable instrument” (a form of money) because it holds value, is…
