Crypto-focused political committees are flexing their growing bipartisan political muscle in Texas, spending more than $9 million on races this cycle as Tuesday’s primaries deliver a string of wins for industry-backed candidates across both parties. Houston Democrat Christian Menefee defeated fellow Democrat Rep. Al Green… Read More
The United Kingdom has imposed sanctions on a group of cryptocurrency exchanges, payment firms and individuals accused of helping Russia evade Western restrictions and finance its war in Ukraine, including crypto exchange Huobi. The sanctions package from the U.K. Foreign, Commonwealth & Development Office targets… Read More
Bitcoin BTC$77,234.04 traded at $76,600 on Tuesday, down 0.8% since midnight UTC, as Monday’s brief bounce to $77,800 fades. The move leaves the largest cryptocurrency potentially forming another lower high in a bearish structure that has been in place since October, and down 7% over… Read More
The coming week appears to be macro-led, with U.S. economic data carrying the main calendar risk. Inflation, growth, jobless claims and housing numbers all land before the open, giving markets insight on whether the Fed has room to cut rates. Prediction markets and the CME’s… Read More
Latest developments: Hyperliquid is outperforming much of the crypto market as traders rotate back into higher-risk assets. Hyperliquid’s HYPE token hit a new all-time high after two HYPE ETFs launched in the U.S. Van de Poppe said European traders have increasingly moved to Hyperliquid because… Read More
The Clarity Act’s biggest outcome may be the creation of an entirely new market for “yield-as-a-service,” according to Joe Vollono, chief commercial officer at stablecoin infrastructure firm STBL. At the center of the debate is Section 404 of the proposed legislation, which would prohibit Digital… Read More
