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Search Results for: crypto market

Bhutan Sells $22.4M in Bitcoin as Sovereign Crypto Holdings Drop Over 70%

Bhutan has shifted millions worth of Bitcoin from its sovereign wallets this week amid a broader crypto downturn that has seen its overall crypto asset holdings decline by more than 70% from its peak level of $1.14 billion.   On-Chain analytics platform Arkham reveals that Bhutan’s sovereign investment arm, Druk Holding

February 5, 2026 2 mins read

CFTC Withdraws Proposed Ban on Sports and Political Prediction Markets

The CFTC has pulled its 2024 proposal that aimed to ban sports and political prediction markets, saying it will not proceed with final rules on the issue. CFTC Chairman Michael S. Selig said the agency will instead initiate new rulemaking based on a sound interpretation of the Commodity Exchange Act.

February 5, 2026 3 mins read

Bitwise Acquires Chorus One to Boost Crypto Staking

Crypto asset manager Bitwise has acquired Chorus One, a move that pushes the firm deeper into blockchain infrastructure and staking services. The acquisition aligns with Bitwise’s strategy to broaden institutional offerings beyond passive investment products. Growing attention around Ethereum network growth and evolving DeFi market trends shows how staking now

February 4, 2026 2 mins read

Nevada Regulators Move to Halt Coinbase Prediction Markets

The regulators of Nevada have taken a new action against the crypto exchange Coinbase. The action is taken to put a stop to the prediction market offerings of the company in the state as tensions surge between federal derivatives oversight and state gambling laws.  On February 2, the Nevada Gaming

February 4, 2026 2 mins read

TRM Labs: U.S. Treasury Probing Crypto Exchanges Over Iran Sanctions Evasion

The U.S. Department of the Treasury is reviewing whether crypto exchanges and digital asset infrastructure have been used by Iranian-linked actors to circumvent international sanctions. The U.S. regulators are also paying attention to the centralized exchanges, stablecoin routes, and liquidity providers that could act as repeatable access points for the

February 4, 2026 2 mins read

Polymarket Announces Free NYC Grocery Store and $1 Million Food Bank Donation

Polymarket unveiled a new community-based initiative in New York, where it planned to set up a free food store, which would provide basic grocery items to the public, as well as a $1 million donation to support food insecurity in the area. The New York-based crypto prediction platform, Polymarket, shared

February 4, 2026 2 mins read

Gold Prices Rally Amid US-Iran Tensions, Crypto Prices Under Scanner Again

The US-Iran conflict saw a new incident, following which the market noted a rally for Gold prices. Its rise as an alternative safe haven for investors has again brought crypto prices under the scanner. All leading tokens are below the major milestones, possibly waiting to review developments on Friday between

February 4, 2026 2 mins read

Canada Introduces New Crypto Custody Rules to Protect Investors After QuadrigaCX Collapse

The Canadian Investment Regulatory Organization (CIRO) has announced that Canada has introduced new crypto custody rules for the exchanges to reduce the risk of investor losses and prevent failures, as the QuadrigaCX collapse happened in 2019.  This move immediately takes effect after the direct response to the past crypto failure,

February 4, 2026 2 mins read