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Financial News

Running out of time on Clarity: State of Crypto

Running out of time on Clarity: State of Crypto

2 months ago by Crypto InsightsCrypto

The crypto market structure bill has not made much public movement in a month. While making a prognosis on the bill is difficult, it’s not hard to see that the clock for passage is running out. You’re reading State of Crypto, a CoinDesk newsletter looking… Read More

What next as Bitcoin (BTC) whales go long despite bearish bets piling up

What next as Bitcoin (BTC) whales go long despite bearish bets piling up

2 months ago by Crypto InsightsCrypto

The biggest traders on Hyperliquid have been building a long bitcoin BTC$78,134.03 position for two months, and the price chart is starting to break their way. Glassnode data shows whale positioning on Hyperliquid, the onchain perpetual futures exchange, flipped from net short to net long… Read More

Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO

Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO

2 months ago by Crypto InsightsCrypto

A few hundred of the top $TRUMP memecoin holders were treated to some personal time with U.S. President Donald Trump and his high-profile guests on Saturday at an event at his Florida club in which Trump warned bankers against getting in the way of crypto… Read More

Bitcoin might be at risk from a new quantum math trick that breaks digital ownership

Bitcoin might be at risk from a new quantum math trick that breaks digital ownership

2 months ago by Crypto InsightsCrypto

Not everything in bitcoin is at risk from a quantum computer. Bitcoin mining, the process by which new blocks get added to the blockchain, uses a type of math called hashing that quantum computers cannot meaningfully break. The ledger itself and the rule that new… Read More

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

2 months ago by Crypto InsightsCrypto

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction… Read More

BTC on track for best month in a year amid $5 billion USDT growth

BTC on track for best month in a year amid $5 billion USDT growth

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$77,749.23 held above $77,000 on Friday, consolidating after hitting its strongest level since early February earlier in the week. The largest cryptocurrency is up about 13.6% in April, putting it on track for its best monthly performance in a year, according to CoinGlass data.… Read More

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