Bitcoin Open Interest Falls 31% In Bullish Deleveraging Signal
Open interest in Bitcoin derivatives markets has declined over the past three months, resulting in dwindling leverage that has become bullish for the overall market...
DeFi
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Ex-NYC Mayor Eric Adams Claims He Didn’t Profit From NYC Token
A spokesperson for former New York City Mayor Eric Adams has refuted accusations that he moved money or profited from the NYC Token, which launched...
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Manhattan DA Urges Lawmakers to Strengthen Crypto Enforcement Tools – Decrypt
In brief Manhattan DA Alvin Bragg urged New York lawmakers to strengthen crypto enforcement, warning that crypto now underpins money laundering and organized crime. He...
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$200M Tokenized Water Infrastructure Planned For Southeast Asia
Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the...
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Russia Plans Bill to Open Crypto to Retail: Report
Russia will reportedly move to open up crypto to retail investors, with a new bill set to soon be introduced to the country’s legislature. Anatoly...
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Crypto Fear and Greed Hits Greed as Bitcoin Climbs Two Month High
The Crypto Fear and Greed Index, a metric tracking crypto investor sentiment, has registered a “greed” score for the first time since the $19 billion...
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Crypto Industry Splits Over CLARITY Act Market Structure Bill
A division appears to be forming among crypto industry executives regarding the market structure bill, with crypto giants such as Coinbase pulling support, but others...
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TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens – Decrypt
In brief TD Cowen cut its Strategy price target to $440 but kept a buy rating. Strategy recently raised a further roughly $1.25 billion and...
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Senate Banking Cancels Crypto Market Structure Bill Markup
Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance. The...
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X Tightens Grok Image Generation Following International Backlash – Decrypt
In brief X restricted Grok image generation and editing features and limited access to paid subscribers. The changes followed reports of non-consensual sexualized AI images,...
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Visa Partners with BVNK on Stablecoin Payout Pilots
Visa has chosen United Kingdom‑based stablecoin infrastructure provider BVNK to power new Visa Direct pilots, allowing some business customers to pre‑fund cross‑border payouts in stablecoins...
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US Senator Hints Crypto Market Structure Bill May Be Delayed
The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders...
