The U.S. Senate may soon vote on legislation that would establish U.S. regulations for the issuers of stablecoins, also marking the first time the chamber has considered a major crypto bill. Senate Majority Leader John Thune, a South Dakota Republican, started the ball rolling to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins…
Polygon’s price action over the past week has been characterized by a moderate pullback following what initially appeared to be a decisive breakout above the $0.20 level. This dip, rather than signaling weakness, may in fact represent a healthy retracement as the cryptocurrency prepares for a new upward move. The price structure appears bullish on…
Users are hoarding NSFW models and looking for a new home after Civitai turned its back on them to allegedly appease Visa. Users are hoarding NSFW models and looking for a new home after Civitai turned its back on them to allegedly appease Visa. Artificial Intelligence Decrypt
Canary Capital filed an S-1 with the SEC on Thursday, seeking approval for an ETF that would give investors SEI exposure. Canary Capital filed an S-1 with the SEC on Thursday, seeking approval for an ETF that would give investors SEI exposure. Markets Decrypt
The U.S. Treasury Department proposed cutting off the Cambodia-based Huione Group from the U.S. financial system, citing the cyber-crime help the illicit marketplace gives to North Korean hackers and other criminal groups. The Telegram-based operation has been a “critical node for laundering proceeds of cyber heists” and aiding in so-called “pig butchering” scams that typically…
The final week of April delivered a jolt of optimism to a crypto market that has spent most of the year wrestling with macro cross-currents. Bitcoin’s resilience above the psychological $90,000–$95,000 level, an unexpected surge in stablecoin issuance and a swarm of textbook bullish patterns across large-caps and meme names have converged to create what…
Publicly listed companies have bought roughly 157,957 Bitcoin (BTC) as of May 1, accounting for 96% of the 164,250 BTC projected to be mined throughout the year. Bitcoin Treasuries data shows that private companies added another 16,799 BTC to their holdings during the same period, while Bitcoin exchange-traded fund (ETF) issuers acquired 34,968 BTC. Combined,…
Trump Organization Executive VP Eric Trump said that his family being targeted by banks was what drove him to embrace cryptocurrency. Trump Organization Executive VP Eric Trump said that his family being targeted by banks was what drove him to embrace cryptocurrency. , Business Decrypt
Tether, the company behind the world’s largest stablecoin by market capitalization, has released its financials for the first quarter of 2025, disclosing nearly $120 billion in exposure to US Treasurys and over $1 billion in operating profit. According to Tether’s Q1 2025 financial report, the company’s assets include $98.5 billion in direct US Treasury bills,…
Strategy’s Bitcoin-focused investment operation achieved a year-to-date BTC Yield of 13.7% and a BTC $ gain of $5.8 billion as of April 28, according to its first quarter earnings report. The firm also raised its full-year BTC Yield target from 15% to 25% and increased its BTC gain projection from $10 billion to $15 billion….
