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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The anticipated US crypto market structure bill, seen as a landmark piece of legislation following the GENIUS Act, is unlikely to pass this year as Senate Banking Committee Chair Tim Scott announced the postponement of a committee vote. Instead, discussions regarding the bill are expected to resume in early 2026. Pushing Crypto Bill Discussions To Next Year In a statement released on Monday, a spokesperson for Chair Scott, a South Carolina Republican, noted that the Senate Banking Committee is actively negotiating with its Democratic counterparts in pursuit of…
Bitcoin plummeted below $85,000 today, but $600M in liquidations hides a much scarier macro catalyst
Bitcoin slipped below $85,000 overnight, triggering nearly $600 million in liquidated long positions across crypto markets within 24 hours as expectations mounted that the Bank of Japan will hike interest rates this week.As of press time, Bitcoin recovered slightly to around $86,000. The drop wiped out $218.7 million in Bitcoin long positions and $213 million in Ethereum longs, with Coinglass data showing more than $200 million in liquidations concentrated within roughly an hour as the price fell toward $86,700.Market reports linked the selloff to renewed fears that the BoJ will tighten monetary policy at its meeting this week, threatening the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After receiving a 15-year sentence last week, Terraform Labs’ co-founder and former CEO, Do Kwon, could face another major sentence in a potential second trial if extradited to his home country, South Korea. Terra’s Do Kwon May Face Second Trial On Monday, South Korean news media outlets affirmed that the legal troubles of Terraform Labs’ co-founder, Kwon Do-hyung, also known as Do Kwon, may not be over, despite recently being sentenced to over a decade in prison in the US. According to a report by The Korea…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure North Korean-linked hackers are using fake Zoom calls to drain crypto wallets in what security researchers say has become a near-daily threat to the cryptocurrency community. According to multiple security reports, the campaign has already netted roughly $300 million in stolen funds and shows few signs of slowing. Fake Zoom Meetings Used To Drain Wallets According to Security Alliance (SEAL) and other researchers, attackers first contact targets through messaging apps such as Telegram. They then invite victims to a video call that looks legitimate. During the call,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple, the issuer of the fast-growing RLUSD stablecoin, has recently announced an ambitious multichain strategy aimed at enhancing its presence in the crypto space. This initiative will see RLUSD integrated into Layer-2 (L2) solutions on the Ethereum (ETH) blockchain, facilitated by a partnership with Wormhole, one of the largest protocols for cross-chain interoperability. Ripple Targets Broader Blockchain Integration In a press release issued on Monday, Ripple and Wormhole detailed their plans to initiate testing on several notable L2 networks, including Optimism (OP), Base, Ink, and Unichain. The…
Nexo has secured a multi-year agreement with Tennis Australia to become the Official Crypto Partner of the Australian Open and the Summer of Tennis.The deal covers the Australian Open alongside the Summer of Tennis series, which includes the United Cup, Adelaide International, Brisbane International, and Hobart International, the company announced Tuesday.Nexo’s branding will appear through the “Nexo Coaches Pod,” with visibility on on-court coaching areas across the tournament’s major venues during matches.The 2026 Australian Open begins January 12 in Melbourne and is expected to draw hundreds of millions of viewers globally, as it typically does each year.Tennis offers brands access…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Monday, 15 December 2025 – Bitcoin Hyper (HYPER) has raised a total of $29.5 million in presale funding, positioning itself by addressing one of Bitcoin’s most persistent constraints without making any changes to the Bitcoin network itself. With BTC recently dropping back below $90,000, questions are resurfacing about what truly drives Bitcoin’s price. Historically, its value has been anchored more in conviction than in real economic activity, and that limitation is becoming increasingly visible. Bitcoin Hyper aims to push beyond that boundary by creating an environment where…
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