Crypto
Cryptocurrency, blockchain, and digital asset news.
Crypto trader applies legendary HODL strategy to EUR/USD forex bet
A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODLing strategy to forex.
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.
Two blockbuster AI IPO's on the horizon could leave crypto further behind
A wave of blockbuster AI listings is drawing billions of dollars from global investors, reinforcing a rotation away from crypto.
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Korea’s digital asset bill.
SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
SWIFT launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster cross-border payments.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
Santiment reported that bitcoin supply is at its lowest since 2017 and ether since 2015, adding that it doesn’t guarantee prices will move higher but helps set up crypto’s next bull cycle.
Regulators invited Binance to seek new licenses after MiCA setback, co-CEO says
Binance is exploring new licensing paths into Europe while continuing to expand its regulatory footprint in Asia, says co-CEO Richard Teng.
Russia's largest private bank Alfa-Bank tests crypto trading
Alfa-Bank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services.
Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak
U.S. spot bitcoin ETFs lost a net $84 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million
Bank of Japan may speed up rate hikes, pushing borrowing costs above 2%, ex-BOJ official warns
Former BOJ official issues interest-rate warning as yen continues to slide against the dollar.
'CASHCAT' trader turns $800 into over $1 million on Robinhood's brand new blockchain
Robinhood's blockchain went live on July 1 to move stocks onchain. Its first breakout hit is a memecoin named after the mascot the company abandoned.
Wyden urges Senate leaders to keep dev protections in crypto bill
Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor.
Trader loses $1M after signing phishing token approval
Onchain scammers netted more than $14 billion last year, and approval phishing remains a primary attack vector.
AI is shortening the shelf life of crypto security audits, researchers warn
Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds.
XRP holds near $1.10 as traders watch long-term breakout setup
XRP defended the $1.00-$1.05 support zone, but the near-term chart remains capped below resistance as analysts track larger wedge and channel patterns.
Bitcoin, ether steady, gold slides as US-Iran tensions escalate again
Oil climbed for a third day and gold fell for a fourth while bitcoin is up 1.6% on the week.
AI boom fuels inflation fears, complicating Fed’s next rate move
Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve policymakers said.
Crypto VC Paradigm raises $1.2B to push into AI
Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund.