Recently, a survey was released by Bitwise and VettaFi which revealed that 32% of financial advisors allotted to crypto in client accounts in the last year, up from 22% in 2024. With this, a milestone of an all-time high of the series was set up. This leap can be attributed
The recent US regulatory action looking to prohibit prediction markets has surged activity in the first weeks of this year, having trading volumes hit a milestone with $701.7 million on January 12. Two-thirds of total trading volume is attributed to prediction market Kalshi, with total trading volume sitting at $465.9
Bitcoin hovered near $92,000 on early Monday as the Asian market opened comparatively higher than previous days. Investors are also looking for the US inflation data to be released this week, another on Washington’s tariff fight and the Federal Reserve’s increased political drama. The China and Hong Kong markets have
An anti-decentralised finance group is running ads on Fox News pushing the public to put pressure on their senators to pass crypto market structure legislation that leaves DeFi provisions identified to be threatening to the banking industry. On January 9, two screenshots were shared on X by Crypto in America
Next week, a markup event on legislation on digital asset market structure is scheduled. It is anticipated that representatives from cryptocurrency firms will reach Washington, D.C., to engage with policymakers on the bill. The chief executive officer, Cody Carbone, of crypto advocacy organisation The Digital Chamber, mentioned that it was
The US Secretary of Commerce, Howard Lutnick, has expressed optimism for the growth of the US in 2026. He has highlighted that the manufacturing sector, among others, could boom while generating employment for millions of Americans. The success of America could possibly pump up the crypto sector by the end
A research-driven crypto investment firm, Paradigm, recently filed an amicus brief supporting the co-founder of Tornado Cash, Roman Storm. In the filing, the court argued that the jury needs to be clearly briefed on the definition of the law of what the functioning of a money-transmitting business involves. On June
Following the agreement to restore a truce between the US and Chinese officials, the crypto market saw a rise. The agreement was made after discussions in London in the last two days. Both countries finally agreed to enter the Pre-Liberation status quo. After this deal, the price of Bitcoin once
The Digital Asset Market Clarity Act has recently passed two major House Committees and is now moving forward for a full floor vote. On June 11, the bill got a 32-19 vote from the House Committee and a 47-6 vote in the House Agricultural Committee on June 10. The House
The government of the United States has requested that the Supreme Court accept the Coinbase users’ challenge against the Internal Revenue Service’s effort to obtain their crypto transaction records. On May 30, Solicitor General D. John Sauer claimed in his filing that the user of Coinbase, James Harper, has no
