Key takeaways: BTC failed to hold $70,000 despite strong ETF inflows as selling by public miners offset recent institutional buying. Options markets reflect high demand for downside protection as a 17% put premium signals cautious sentiment. Bitcoin (BTC) failed to sustain Monday’s $70,000 level despite $471 million in net inflows into US-listed spot exchange-traded funds … Read more
Jay Clayton, the US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission (SEC), has penned a response to Tornado Cash co-founder Roman Storm’s motion for acquittal, criticizing his alleged criminal behavior. In a Tuesday filing in the US District Court for the Southern District of … Read more
Polymarket has become one of decentralized finance’s most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week of the second quarter, according to new data. That pace implies an annualized run rate of roughly $365 million if sustained, placing the onchain prediction platform among the industry’s top fee … Read more
Cryptocurrency investment products recorded minor inflows last week despite mixed geopolitical signals and increasingly hawkish investor expectations. Global crypto exchange-traded products (ETPs) clocked $224 million in inflows last week, following a $414 million outflow a week before, CoinShares reported on Tuesday. The fresh inflows brought total assets under management to about $131.8 billion, roughly in … Read more
The challenge to solving the quantum threat to Bitcoin could be more social than technical, according to Grayscale’s head of research, especially if the community fails to come to an agreement on certain contentious issues. Google released a paper that drew attention in the crypto industry on March 30, suggesting that a quantum computer could … Read more
Onchain evidence was key to securing the conviction of three individuals for terrorism financing in Indonesia in 2024 and 2025, reflecting a clear shift in the way courts value onchain evidence. “Indonesian courts have demonstrated that cryptocurrency evidence — wallet addresses, transaction histories, on-chain flows — is not only admissible but can anchor a terrorism … Read more
Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing a budget dispute and disagreements over how Aave should manage risk. “This decision was not made in haste,” Chaos Labs founder Omer Goldberg said in a post to X on Monday. … Read more
Prediction platform Polymarket is overhauling its exchange infrastructure in the coming weeks, introducing a new collateral token and upgraded trading system that give the platform greater control over settlement and risk as it moves toward closer alignment with US regulatory expectations. In an announcement on Monday, Polymarket said it will deploy new exchange contracts — … Read more
Bitcoin (BTC) is trading within a bear flag pattern that projects a breakdown toward the sub-$50,000 area, or roughly 30% below current levels. However, Michael Saylor’s Strategy could spoil the bears’ plans. BTC/USD three-day price chart. Source: TradingView Key takeaways: Bitcoin has avoided a bear flag breakdown for weeks as Strategy keeps buying BTC. The … Read more
US Senate Banking Committee member Bill Hagerty said Monday that he expects a potential path for a digital asset market structure in the coming weeks after months of delays in Congress. Speaking at the Digital Assets and Emerging Tech Policy Summit at Vanderbilt University, he said his fellow Republican lawmakers planned to move the bill … Read more