The market appears to be reassessing long‑term technological risks in crypto following Google’s major quantum computing research update on Monday. While leading coins like bitcoin BTC$69,116.96 and ether (ETH) have seen only modest moves in the past 24 hours, several cryptocurrencies tied to the quantum‑resistant narrative have surged sharply, with some gaining more than 50%….
Asian stocks posted their best day in months and S&P 500 futures jumped after the president said he would address the nation Wednesday night with an “important update” on Iran. Oil pared losses as the UAE reportedly prepares to help reopen the Strait of Hormuz by force. Bitcoin traded at $67,950 on Tuesday, up 0.2%…
Hong Kong has missed its own March timeline for HKD stablecoin licensing, with the Hong Kong Monetary Authority (HKMA) yet to approve any issuers despite public signals that the rollout would begin last month. At Consensus Hong Kong in February, Financial Secretary Paul Chan Mo-po said licenses would begin to be issued in March as…
Leading blockchain analytics firm Chainalysis is adding artificial intelligence agents to its platform, lowering the technical know-how needed for launching plain-language investigations into crypto financial relationships. “This is a really important moment for reducing the barrier to entry to blockchain intelligence,” Chainalysis co-founder and CEO Jonathan Levin told CoinDesk in an interview. Not only law…
E-commerce giant Mercado Libre (MELI) is pulling the plug on its homegrown cryptocurrency, Mercado Coin, nearly four years after introducing it to boost customer engagement across its platform. The e-commerce giant announced the decision through a notification and email from Mercado Pago, its digital wallet, which will handle the phase-out. Starting April 17, users won’t…
In the past, crypto regulation in the U.S. has been badly fractured. Not only did federal agencies fail to collaborate — they outright contradicted and cajoled each other in a turf war to control our nascent industry. But recent signals from regulators suggest movement. Earlier this month, the SEC and the CFTC released a Memorandum…
The New Hampshire Business Finance Authority is set to issue what appears to be the first rated bitcoin-backed bond of its kind, marking a step toward integrating crypto into traditional public finance. The bonds received a provisional Ba2 rating from Moody’s Ratings, two notches below investment grade. They will be issued through the Business Finance…
Cardano and Midnight Founder Charles Hoskinson said proposed U.S. crypto legislation could take more than a decade to implement, fail to survive political change and structurally disadvantage new entrants while benefiting established cryptocurrencies. The Digital Asset Market CLARITY Act is still being negotiated in Congress, with lawmakers circulating updated text and trying to close final…
Bitcoin’s first-quarter slump capped an unusual run: nearly six months of underperformance against U.S. equities, a stretch that has no precedent. “That’s never happened,” said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin lagging stocks consistently since early October. The trend has raised fresh questions about whether the asset is behaving more…
WisdomTree does not see pending U.S. crypto legislation as a prerequisite for innovation, even as policymakers debate new rules for digital assets. “I don’t [think] it would inhibit anything that we’re trying to do,” said Will Peck, the firm’s head of digital assets, referring to the proposed Clarity Act. “We don’t view it as a…
