Live updates: Zcash climbs 6% as majors slide ahead of Fed rate decision
The privacy token is up 130% over 30 days and trades near its alltime highs from 2016, while bitcoin sits at a threeandahalfweek low below $76,000.…
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding…
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the stateowned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and…
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.…
What Altman, Amodei, Huang and Zuckerberg are saying about the raging AI debate
A product conference at software giant Salesforce turned into the battleground on the new debate on whether there should be a slowdown in artificial…
Ethereum, Base give up on common wallet standard after months of talks
Ethereum is moving ahead with EIP8141 while Coinbasebacked Base backs EIP8130, leaving wallets and apps that span both networks facing different transaction…
Zcash holders overwhelmingly back faster transactions and bitcoin-style halvings
Nearly 2.4 million ZEC participated, with 99.9% backing 25second blocks and 98.9% voting to preserve the network’s existing halving schedule. Source:CoinDesk
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Source:CoinDesk
Crypto industry turns to US regulators after CLARITY setback
The CLARITY Act could still be revived after Senator Thom Tillis moved to reconsider the failed cloture vote, though industry executives are divided over…
BIS paper finds major gap in Bitcoin onchain transfer estimates
A BIS study found widely used crypto metrics can obscure economic activity, with measurement challenges spanning Bitcoin, Ethereum and stablecoins.…
The Fed’s expected interest-rate hike on Wednesday could be the start of something more troubling for investors
Investors are largely anticipating the Fed will raise its benchmark interest rate on Wednesday, but a single rate hike is not what’s creating angst on Wall…
US Senate fails to advance CLARITY Act
The failed procedural vote leaves the CLARITY Act facing an uncertain future after months of negotiations over crypto oversight and ethics provisions.…