Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz.The US Department of the Treasury’s Office of Foreign Assets Control said that as of June, the Hormuz Safe Marine Services Authority…
Bitcoin (BTC) traded near $76,500 after Thursday’s Wall Street open as investors snapped up US stocks following their recent dip.Key points:Bitcoin consolidated after dropping below $76,000 on the back of a 0.25% interest-rate hike by the US Federal Reserve. US equities rebounded, with the Nasdaq Co…
Bitcoin held near its pre-Fed announcement levels of around $76,000 on Wednesday despite the US Federal Reserve raising its benchmark interest rate for the first time since 2023 to address persistently high inflation.The Fed’s Federal Open Market Committee on Wednesday voted unanimously to raise rat…
The UK Financial Conduct Authority has issued final guidance outlining when crypto activities may require authorization under the country’s incoming regulatory regime.The guidance covers activities such as issuing qualifying stablecoins, operating crypto trading platforms, dealing and arranging tran…
Spot Bitcoin exchange-traded funds recorded their largest day of outflows since late June after a major crypto bill stalled in the Senate.The 13 US-listed funds saw a net $450.4 million outflow on Tuesday, after attracting $159.9 million on Monday, according to data from Farside. It marks the larges…
US prosecutors on Tuesday charged two former Robinhood engineers with commodities fraud and wire fraud for allegedly using confidential information about upcoming cryptocurrency listings to profit from perpetual futures trades on Hyperliquid.According to the US Department of Justice (DOJ), Hefu Chai…
Crypto industry leaders are looking to US financial regulators to fill the regulatory gap after the Senate on Tuesday failed to advance a major crypto bill establishing a regulatory framework for digital assets.The Senate voted 49-50 on a motion to invoke cloture and advance the CLARITY Act, short o…
The EU is telling cryptocurrency hardware and software wallet providers that they have 24 hours from awareness to report actively exploited bugs or severe security vulnerabilities affecting their products.The measure is part of the EU’s Cyber Resilience Act (CRA), which took effect on Friday, accord…
A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must comply with securities, commodities and anti-money laundering (AML) requirements.The revised text, posted on Senator Cynthia…
Former FTX CEO Sam Bankman-Fried reportedly asked the US Supreme Court to overturn his 2023 fraud conviction.He sought a new trial and the reversal of an $11 billion forfeiture order, according to a Thursday court filing seen by CNN.His lawyers argued that the trial judge excluded evidence that his …
Bitwise plans to liquidate its Dogecoin exchange-traded fund (ETF) in October, less than a year after launching the product.The asset manager said Thursday that it was closing the Bitwise Dogecoin ETF (BWOW) to “optimize its product range to meet evolving investor needs.”BWOW had about $688,000 in n…
An attacker exploited a flaw in email platform Brevo’s login system to access 138 client accounts, enabling a phishing email to reach roughly 347,000 Trezor newsletter subscribers and similar fraudulent messages to be distributed through accounts belonging to hardware wallet maker BitBox and crypto …