The Bitcoin price surged through the $96,000 level this afternoon, pushing decisively above a key resistance zone and signaling a renewed wave of bullish momentum after weeks of choppy, range-bound trading. At the time of writing, the bitcoin price is trading around $96,000 up roughly 4.4% over the past 24 hours, according to market data. … Read more
Perpetual decentralized exchanges (DEXs) are gaining traction as traders turn to blockchain-based platforms that promise lower costs and fewer intermediaries than traditional centralized venues. Perp DEXs are blockchain-based venues for trading perpetual futures contracts, allowing traders to bet on the underlying asset’s price with leverage and without an expiry date. Crypto research firm Delphi Digital … Read more
Animoca Brands doubled down on digital collectibles by acquiring gaming and collectibles company Somo, expanding its footprint in Web3-native entertainment and adding Somo’s playable, streamable and tradable collectibles to Animoca’s portfolio of blockchain-based platforms. The company said Wednesday it plans to integrate Somo into its broader Web3 ecosystem, leveraging cross-promotion, shared infrastructure and its global … Read more
Galaxy Digital warned that a draft crypto market structure bill released by the US Senate Banking Committee would hand the Treasury Department sweeping new surveillance and enforcement tools, describing it as the biggest expansion of financial oversight authority since the US Patriot Act. In a research note published Tuesday, Galaxy said the Senate proposal goes … Read more
Financial regulators in France have reportedly flagged 90 crypto firms that remain unlicensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework ahead of a key deadline in June. France’s Autorité des Marchés Financiers (AMF) warned that around 30% of the unlicensed firms have not responded to the authority’s request on whether they plan … Read more
The United Kingdom’s Prime Minister Keir Starmer’s government has dropped plans to make a centralized digital ID mandatory for workers, softening a flagship policy that would have required every employee to prove their right to work via a government‑issued credential rather than traditional documents like passports. The move follows months of backlash from critics, including … Read more
Active users on the Ethereum network have overtaken major layer 2s as long-term development strategies begin to pay off. The number of active addresses on Ethereum exceeded 791,000 on Monday, higher than that of the network’s major L2 players, including Base, Arbitrum and Optimism, according to data from Nansen. Daily average transaction costs have also … Read more
Recent US regulatory action seeking to restrict prediction markets hasn’t slowed activity in the first weeks of 2026, with trading volumes hitting a record $701.7 million on Monday. Prediction market Kalshi accounted for two-thirds of total trading volume at $465.9 million, while competitors Polymarket and Opinion tallied $100 million worth of trades, Dune Analytics data from … Read more
Ethereum digital asset treasury (DAT) BitMine has just staked another huge batch of Ether, bringing its total amount staked to over 1.5 million ETH. Tom Lee-chaired BitMine Immersion Technologies (BMNR) added 186,560 ETH (worth around $625 million) to the “Beacon Depositor” address, reported Lookonchain on Wednesday. This brings the total amount staked by the world’s … Read more
Rulemaking involves individual regulators and agencies fleshing out the details of a law passed by legislators. It can include publishing proposed rules and seeking public comment. It could take many years for the crypto market structure bill to be implemented due to a lengthy rulemaking process, according to Paradigm’s vice president of regulatory affairs, Justin … Read more