The long-awaited crypto Clarity Act may be further delayed as August recess fast approaches. Despite optimism last week from top crypto companies — like Coinbase — and backing from top financial institutions, lawmakers appear to be prioritizing other bills to vote on before their five-week break starting Thursday or Friday. Democratic Senator Elizabeth Warren was … Read more
Boltz, a non-custodial Bitcoin swap service, says it is disabling its service until further notice after a rise in AI-assisted hacking attempts over the last few months. In a post to X on Monday, Boltz said the decision came after seeing a steady increase in “automated AI-assisted probing” of its infrastructure this year. “Over the … Read more
Bitcoin treasury company Strategy’s CEO Phong Le brushed aside concerns investors may have about the Nasdaq-listed company selling its stash. Speaking on CNBC Monday, Le said that Strategy would continue doing what it’s always done, and outperform Bitcoin during the next bull run. Strategy (MSTR) on Monday revealed that it had sold 1,638 Bitcoins for … Read more
Publicly traded Bitcoin treasury and mining company American Bitcoin’s stock jumped on Monday following news that the firm’s crypto holdings had increased. The company (NASDAQ: ABTC) reported a second-quarter loss on Monday due to the decline in Bitcoin’s price but still added the largest cryptocurrency to its holdings, boosting its stack from 7,021 to 8,002 … Read more
Hashdex said it will liquidate its eponymous spot-price Bitcoin exchange-traded fund this month, distributing the cash to all remaining shareholders and selling the fund’s roughly 225 BTC holdings. In a filing on Monday, the fund issuer said the decision was made after evaluating factors including trading liquidity, operating costs and investor interest. The 200,000 shares, … Read more
The Clarity Act is widely viewed as the crypto industry’s most important piece of U.S. legislation, with supporters arguing it would establish clear rules for digital assets, reduce regulatory uncertainty and unlock broader institutional adoption. Analysts say passage would improve market sentiment by giving banks, asset managers and exchanges greater confidence to invest in blockchain … Read more
Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research. Markus Thielen, founder of 10x Research, said in a Monday report shared with Cointelegraph that Bitcoin closed July below the threshold needed to confirm a technical bottom. A monthly close near $63,000 would turn several of 10x … Read more
Treasuries rallied across the curve as the oil move eased inflation worries, taking the 10-year yield down four basis points to 4.69% after it hit its highest since January 2025 last week. Nasdaq 100 futures and European share futures both gained 0.8%. Gold added 0.3% to about $4,060 an ounce. Falling oil, falling yields and … Read more
Hold onto your hats, crypto enthusiasts! We are seeing a seismic event rock the Bitcoin world right now, proving that even the most trusted security measures can sometimes falter. The cryptocurrency market is reeling from the news of a massive hack targeting Coldcard hardware wallets, long considered one of the safest havens for your precious … Read more
Senators Ruben Gallego and Thom Tillis sent a proposed revised ethics provision to the White House on Thursday, after drafting the compromise the day before, an industry source familiar with the talks told CoinDesk. As of midafternoon on Friday, the White House had not officially responded to the proposal. Ethics remains the biggest outstanding issue … Read more