Political action committees (PACs) aligned with and funded by the cryptocurrency industry notched a series of wins in three US state primaries on Tuesday, potentially setting a precedent for the 2026 midterm elections. The Fairshake PAC and its affiliates poured a combined $20 million into supportive media for the races. The committee, largely funded by …
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Nearly 10% of the total Bitcoin supply is considered “structurally unsafe” due to a quantum computing breakthrough, as their output type reveals the public key by design, regardless of address management practices, according to data analytics platform Glassnode. Totaling about 1.92 million Bitcoin (BTC), the group includes BTC from early Satoshi-era Pay-to-Public-Key (P2PK) outputs, legacy …
Bitcoin (BTC) halted its latest recovery at Wednesday’s Wall Street open as US traders sold off. Key points: Bitcoin nears $78,000 before the US open spoils momentum, continuing a trend from earlier in the week. US stock markets await Nvidia earnings amid a tense macro atmosphere. Bitcoin’s Coinbase Premium sees multi-month lows in a sign …
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Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed. Key takeaways: Ether’s bear flag targets 50% ETH price drop to $1,075. Ether risks over $1.70 billion in long liquidations if the price breaks below $2,000. Whale accumulation weakens as major ETH holders reduce exposure. …
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The European Commission has opened a review of its landmark crypto regulation, signaling that the European Union is considering updates to its landmark digital asset framework just two years after it took effect. The commission on Wednesday launched a public consultation seeking feedback from the crypto industry and the wider public on whether the EU’s …
Continue reading “EU opens consultation on MiCA stablecoin rules and DeFi gaps”
A popular crypto analyst believes Bitcoin’s (BTC) price is heading much lower based on one key indicator. In a new market update, Benjamin Cowen tells his 993,000 YouTube subscribers that Bitcoin remains in a bear market after hitting resistance at the the 200-day simple moving average (SMA). Cowen says the 200-day SMA is an accurate …
Morgan Stanley chief cross-asset strategist Serena Tang says the firm remains constructive on risk assets for the rest of 2026 despite growing uncertainty tied to geopolitics, energy prices and credit markets. In a new Thoughts on the Market podcast episode, Tang says the bank expects the US economy and corporate earnings to remain resilient, while artificial …
Digital assets platform Fireblocks has deepened its push into AI agent infrastructure by launching Agentic Payments Suite, a framework purpose-built to support the x402 protocol, as it also joined the x402 Foundation. Fireblocks said Wednesday that its full-stack solution would cover “the full lifecycle” of AI agent payments, including wallet infrastructure for agents to send …
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Bitcoin (BTC) is down roughly 40% from its October 2025 record high, but a long-term valuation model suggests the cryptocurrency could erase the entire decline and rally to as high as $255,000 by year-end. Key takeaways: Bitcoin Decay Channel puts BTC’s conservative year-end range at $90,000–$255,000, with its 2027 range extending to $128,000–$308,000. Bearish HODL …
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Singapore’s central bank has pulled the crypto payment license of Bsquared Technology Pte. Ltd., stripping the firm of its right to provide digital payment token services after uncovering a series of breaches. In a Wednesday announcement, the Monetary Authority of Singapore (MAS) said it revoked Bsquared’s Major Payment Institution Licence after an on-site inspection found …
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Market analysts say Bitcoin (BTC) is showing “momentum exhaustion” after its 8% drop from multi-month highs above $82,000, with bulls expected to defend key crucial support levels. Key takeaways: Bitcoin momentum weakens after rejection above the $82,000 level. Analysts warn BTC could fall to $65,000 if support at $74,000-$76,000 fails. Bitcoin’s price momentum is “weakening” …
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Bank of America is preparing to hand out $2.25 million in a settlement over fees charged at ATMs located within 7-Eleven stores. The class action lawsuit alleges that BofA charged its customers two out-of-network fees for balance inquiry requests when only a single balance inquiry was made at the ATMs located at the convenience store …
Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries. The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting a second-half 2026 launch, according to a statement shared with Cointelegraph. “We are not …
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OpenAI is opening its first applied AI lab outside the US in Singapore through a multiyear partnership with the Ministry of Digital Development and Information, backed by more than $234 million. The AI company said Tuesday that the new lab will add more than 200 technical roles over the next few years, making Singapore one …
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An Ohio investment manager has been sentenced to nine years in prison for orchestrating a cryptocurrency fraud scheme that raised more than $10 million from investors, according to the U.S. Department of Justice (DOJ). According to an official DOJ release, federal prosecutors say Rathnakishore Giri, 31, of New Albany, Ohio, falsely portrayed himself as an …
