Bitcoin (BTC) and gold are showing very different profiles in 2026. Gold has climbed 153% since the start of 2024, while Bitcoin is down roughly 30% over the same stretch. One analyst said that the gap lines up with steady growth in global money supply, cooling appetite for risky tech stocks, and falling crypto exchange … Read more
This week, rumors of a “10 a.m. Bitcoin dump” blamed on quantitative trading company Jane Street gained traction online after it was sued by Terraform Labs’ court-appointed administrator, but market watchers said the data does not support a consistent, company-driven selloff. The accusations mounted a day after Jane Street was sued by Terraform Labs’ administrator … Read more
Key takeaways The EU’s new crypto tax rules do not introduce new taxes but expand tax transparency by ensuring that crypto transactions are reported and shared across member states. Reporting obligations fall primarily on crypto-asset service providers, requiring them to collect user identity information, tax residency details and transaction data in a standardized format. Information … Read more
The United Kingdom’s Gambling Commission is exploring how cryptocurrency could be used for payments at licensed online casinos, as the country prepares to bring more crypto activity under a new regulatory regime led by the Financial Conduct Authority (FCA). Tim Miller, the commission’s executive director for research and policy, said Thursday that the regulator wants … Read more
A small group of crypto wallets won more than $1.2 million betting on a Polymarket contract tied to an onchain investigation into decentralized finance (DeFi) trading platform Axiom, fueling fresh concerns that prediction markets can reward people with advance knowledge of market-moving disclosures. The eight most profitable wallets on the market collectively made about $1.2 … Read more
XRP Ledger Foundation has confirmed it patched a critical vulnerability found in a yet-to-be-enabled amendment of Ripple’s XRP Ledger, averting a potentially major exploit. On Feb.19, a security engineer at cybersecurity firm Cantina, Pranamya Keshkamat, and the Cantina AI security bot identified a “critical logic flaw” in the signature-validation logic of Ripple’s blockchain, XRP Ledger, … Read more
Bitcoin investors could finally be taking a break from selling, relieving some downward pressure on Bitcoin — though months of consolidation will likely lie ahead, says analyst Willy Woo. “This bearish sell-down by investors seems to have exhausted,” said Woo on X on Friday. This gives the price “a reprieve to consolidate sideways for maybe … Read more
Update (Feb.27, 1:25 Am UTC): This article has been updated to include more information on Block’s job cuts and earnings results. Jack Dorsey’s payments company Block is set to cut around 40% of its staff in a major shake-up, a decision the co-founder attributed to the rapid acceleration of AI at the company. “We’re already … Read more
Key takeaways: Bitcoin derivatives show persistent fear despite the current rally toward $70,000, as seen by futures premiums being pinned well below neutral levels. The markets’ cautious stance stems from broad risk-aversion and lingering concerns over institutional BTC liquidations and Bitcoin network security. Bitcoin (BTC) retested the $70,000 level on Wednesday, recovering from Tuesday’s low … Read more
As US policymakers scrutinize prediction markets platforms, many Polymarket users won bets over speculation as to which insider trading an online sleuth had exposed. Polymarket users betting on an employee at trading platform Axiom as the target of an insider trading investigation by ZachXBT were rewarded after the crypto sleuth announced the results on social … Read more