Crypto News
Breaking cryptocurrency news on Bitcoin, Ethereum and the altcoin market, plus regulation developments and blockchain sector coverage.
Breaking cryptocurrency news on Bitcoin, Ethereum and the altcoin market, plus regulation developments and blockchain sector coverage.
Canada Trade War Triggers US Backlash Amid Rising Price Concerns
The U.S. Securities and Exchange Commission (SEC) has officially published its “Regulation Crypto Assets” proposal in the Federal Register, initiating a 60-day public comment period. This comprehensive framework aims to define when a crypto asset ceases to be an investment contract, marking a significant regulatory step for the industry.
XRP recorded its best weekly performance since November 2024, surging over 50% this week, driven by the US Treasury's bond buyback announcement. This move ignited market hopes for yield curve control and boosted risk appetite for crypto assets.
A new study by the Federal Reserve Bank of Cleveland reveals that cryptocurrency investors hold sharply different views on returns and risk compared to traditional investors. The research indicates that information regarding Bitcoin's past performance can increase both desired crypto allocations and actual purchases.
Crypto card spending, primarily with stablecoins, has more than tripled over the past year, exceeding $1 billion. USDC and USDT accounted for over 70% of this spending, increasingly used for everyday purchases like groceries, rides, and subscriptions.
XRP experienced a sharp decline of over 11% over the weekend, following a week of significant gains in the cryptocurrency markets. The drop is largely attributed to liquidations of leveraged positions and a broader market correction.
The UFC announced UFC 334 at Madison Square Garden on November 14 and UFC 335 at T-Mobile Arena on December 12. Notably, the crypto-based prediction market Polymarket's title sponsorship for UFC 334 highlights the growing intersection of sports and finance.
Fairmint CEO Joris Delanoue warns that tokenized stocks risk recreating Wall Street's 1960s paper crisis through fragmented systems and standards. Delanoue emphasizes the importance of interoperability and clear ownership records.
The European Union is considering bringing decentralized finance (DeFi) lending vaults under the scope of its Markets in Crypto-Assets (MiCA) Regulation. However, the "fully decentralized" nature of these vaults complicates the determination of regulatory responsibility, creating market uncertainty.
Crypto markets experienced a robust rally driven by US Treasury bond buyback plans, regulatory advancements, and record short liquidations. Bitcoin and Ethereum surged significantly, while Elon Musk's X platform is reportedly exploring stablecoin payments for creators.
Zcash (ZEC) experienced a significant rally, climbing over 40% to a multi-year high, driven by Grayscale's progress in converting its Zcash Trust into a spot ETF and increased futures trading volume. This institutional push is reigniting interest in privacy-focused cryptocurrencies.
Speculators on the prediction market platform Kalshi anticipate that Bitcoin will most likely conclude 2026 close to its current trading levels. Despite recent significant rallies, market participants maintain a cautious stance on long-term expectations.
The U.S. Treasury's expanded long-term bond buyback program, interpreted by markets as a 'not-QE' strategy, has driven Bitcoin prices higher. This strategic move, coupled with falling bond yields and a weaker dollar, boosted interest in risk assets, while Metaplanet expanded into the U.S. and Cypherpunk made a significant Zcash mining investment within the broader crypto ecosystem.