Bitcoin trading remained volatile on Thursday, rising to around $67,000 after briefly dipping near $65,900, as traders weighed a new message from U.S. President Donald Trump claiming the nation’s trade deficit has been cut by 78% thanks to tariffs and could turn positive later this year. “The United States trade deficit has been reduced by…
Wallet infrastructure firm Kresus Labs has raised approximately 18 billion won ($13 million) in investment from Hanwha Investment & Securities, one of South Korea’s largest financial institutions. The investment follows a memorandum of understanding signed in December at Abu Dhabi Finance Week and is aimed at expanding Kresus’ enterprise digital wallet infrastructure, real-world asset (RWA)…
OpenAI is stepping deeper into crypto security with the launch of EVMbench, a new testing framework designed to measure how well artificial intelligence can understand and potentially secure smart contracts on Ethereum and similar blockchains. Smart contracts, self-executing code deployed on blockchains like Ethereum, underpin decentralized exchanges, lending protocols and a wide range of onchain…
Ethereum has crossed a symbolic threshold, with more than half the total ether (ETH) issued now held in its proof-of-stake (PoS) contract for the first time in the network’s 11-year history, Santiment said in a post on X that has been met with criticism. The onchain analytics firm on Tuesday said that 50.18% of all…
BitMEX co-founder Arthur Hayes says bitcoin’s BTC$68,168.18 recent 52% crash from its October all-time high is flashing a critical warning signal — but the crypto could ultimately soar to new records once the Federal Reserve responds to an AI-driven banking crisis he believes is imminent. In his latest essay, “This Is Fine,” Hayes argued that…
Investment manager Brevan Howard’s cryptocurrency fund fell almost 30% last year as the bitcoin BTC$67,409.91 bull run faltered, the Financial Times (FT) reported on Wednesday. The BH Digital Asset fund lost 29.5% of its value, its worst performance in a calendar year since its inception in 2021, according to the report, which cited people familiar…
Bitcoin exchange-traded funds (ETFs) continue to hold billions in assets despite bitcoin’s brutal price crash, but that staying power isn’t necessarily the bullish signal that many have come to believe. According to one analyst, the resilience stems from market makers and arbitrageurs who trade in and out rather than die-hard long-term holders betting on price…
The legal challenges from state governments against certain aspects of prediction markets such as Polymarket and Kalshi received a sharp rebuke from U.S. Commodity Futures Trading Commission Chairman Mike Selig, who is arguing that his federal agency has jurisdiction — not the states. “To those who seek to challenge our authority in this space, let…
Nakamoto (NAKA) has signed definitive agreements to acquire media and events firm BTC Inc and asset management firm UTXO Management. The all-stock deal is — NAKA will issue 363. million shares for the purchase — is valued at approximately $107.3 million and expected to close in the first quarter of 2026, according to a Tuesday…
Doing crypto taxes this year is going to suck. For the past decade, the IRS has treated cryptocurrency as property rather than currency, treating every sale and exchange as a taxable event. However, despite blockchains being public ledgers, tax compliance rates have always been low. The gap between what the IRS expects and what crypto…