Bitcoin mining difficulty has climbed to 144.4 trillion (T), up 15%, the largest percentage increase since 2021, when the China mining ban led to a major disruption, which followed a 22% upward adjustment as the network stabilized. Difficulty adjustments measure how hard it is to mine a new block on the network. It recalibrates every…
Ripple CEO Brad Garlinghouse said he now sees a 90% chance that the long-debated Clarity Act will pass by the end of April, signaling growing confidence inside the crypto industry that U.S. lawmakers may finally deliver long-sought regulatory certainty. Speaking on Fox Business, Garlinghouse said momentum has accelerated following renewed engagement from lawmakers and the…
Simon Gerovich, CEO of Metaplanet (3350), has responded to online criticism of the Tokyo-listed bitcoin treasury company, as bitcoin is down almost 50% from its October all-time high and now trading near $67,000, while Metaplanet shares have fallen roughly 85% from their 2025 all-time high. Addressing anonymous critics, Gerovich said, “It’s easy to hide behind…
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, offered a blunt take on digital assets, arguing that cryptocurrencies, including bitcoin BTC$67,255.75 and stablecoins, have yet to prove real utility. Speaking at the 2026 Midwest Economic Outlook Summit in Fargo, North Dakota on Thursday, he contrasted the everyday utility of artificial intelligence (AI) tools…
Blockfills, the crypto lender backed by trading giant Susquehanna, has incurred losses of around $75 million during the recent market downturn, according to two people with knowledge of the matter. Blockfills is now looking for a buyer, one of the people said, who spoke on condition of anonymity because the matter is private. Asked about…
Bitcoin BTC$67,269.91 found its footing on Thursday, stabilizing above a key technical level after briefly slipping below $66,000 in early U.S. trading. The largest cryptocurrency recently changed hands at around $67,000, up roughly 1% over the past 24 hours. The CoinDesk 20 Index lagged, with ether (ETH), XRP, BNB, DOGE$0.09883 and solana (SOL) flat to…
Limited stablecoin rewards are favored by the White House, and if bankers sign off, they’ll be in the next draft of the crypto market structure bill, according to two people familiar with the negotiation. At a Thursday working session meant to secure common ground on stablecoin rewards between banks and the crypto industry, the White…
More progress was made but no compromise deal has yet emerged after a meeting hosted by the White House on Thursday to bring crypto insiders and bankers to the table again on U.S. digital assets legislation, according to crypto insiders who attended. “Today’s constructive meeting at the White House reflects the importance of focused working…
Eric Trump doubled down on his $1 million price prediction for bitcoin BTC$67,000.48 and said he has never been more bullish during the World Financial Forum that took place in Mar-a-Lago. President Donald Trump’s younger son doubled down on his long-term optimism for bitcoin, calling it “one of the greatest performing asset classes” of the…
A research paper at the U.S. Federal Reserve praised the usefulness of prediction markets — specifically looking at Kalshi — in getting a real-time handle on economic policy. “Kalshi’s forecasts for the federal funds rate and [the U.S. Consumer Price Index] provide statistically significant improvements over fed funds futures and professional forecasters, all while providing…
