US Treasury Seeks Public Input on Tools to Detect Crypto Money Laundering
The U.S. Treasury Department is seeking public feedback on innovative methods to detect crypto money laundering, following requirements under the recently enacted GENIUS Act. The 60-day comment period, ending October 17, focuses on artificial intelligence, blockchain monitoring, digital identity verification, and application programming interfaces as potential tools for regulated financial institutions to combat illicit digital […]
Crypto’s Biggest Names Launch Tax-Exempt Nonprofit ‘Education’ in DC — But There’s a Catch
Some of the cryptocurrency industry’s biggest names have banded together to launch a new Washington-based nonprofit, promising to “educate” lawmakers about emerging technologies like blockchain and artificial intelligence. But while the American Innovation Project (AIP) bills itself as a neutral educational effort, its tax-exempt status and deep ties to crypto lobbying raise questions about whether […]
Arbitrum Price Prediction: Can $ARB Rebound Above $0.60 This Week?
A partnership with the U.S.-based zero-commission trading platform Robinhood and Ethereum’s push above $4,000 favors a bullish Arbitrum price prediction despite the latest pullback that the token has experienced. In the past 7 days, ARB has delivered gains of more than 15% as the native asset of this Ethereum layer-2 protocol has capitalized on what […]
Bitcoin Price Prediction: Is BTC Crashing Below 100k as Investors Enter Profit-Taking Mode
Bitcoin (BTC) is hovering at $115,650 after falling into a descending channel. It’s now bumping against the lower boundary of the channel at $114,400 which is a key level to hold. The drop has raised questions if this is broad market weakness or just profit taking from investors who were sitting on gains at all […]
Tom Lee Frames ETH Retreat as Necessary Step Toward $5,100
A prominent Ethereum (ETH) evangelist is interpreting the cryptocurrency’s recent sharp decline as a beneficial pause rather than a bearish reversal. Tom Lee of Fundstrat sees the drop toward $4,150 not as a reason for alarm, but as a “healthy” development that could set the stage for a run toward $5,100. A Strategic Pullback Before […]
XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark
XRP saw aggressive swings before an abrupt halt capped the session, leaving traders to debate whether institutional flows or technical glitches drove the erratic pattern. The token moved in a 5% range before trading froze at the $3.00 mark. News Background • XRP gained as much as 5% from $2.97 to $3.10 during the August […]
Google Becomes Largest TeraWulf Shareholder at 14%
Google becomes TeraWulf’s largest shareholder with a $3.2B stake in AI expansion. Fluidstack has exercised its option for CB-5, a 160 MW expansion at TeraWulf’s Lake Mariner site. Shares surged to $10.52 intraday before closing at $9.38 with a slight after-hours decline. Google has become the largest shareholder of bitcoin miner–turned–AI infrastructure firm TeraWulf (Nasdaq: […]
Who Sells First? These Bitcoin Investors Most Prone to Panic in Downturns
Bitcoin is currently hovering a little above $115K. Amidst the market turbulence, an important cohort of BTC holders is behaving like impatient traders. While they lack multi-cycle experience and frequently capitulate, such a trend could spur renewed market strength post-drawdowns. BTC Holders Behaviours A new analysis found that Bitcoin holders in the 3-5 year age […]
Crypto Braces For Impact As JPow’s Jackson Hole Speech Looms
The crypto market slid into the week in a holding pattern, with price action grinding sideways and positioning increasingly tethered to one catalyst: Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Policy Symposium. “The only big, big event is going to be this,” said analyst Josh Olszewicz in his August 18 Macro […]
SharpLink Ether Holdings Top $3.1B, Trailing BitMine in Pace of ETH Acquisition
SharpLink Gaming (SBET), the Nasdaq-listed ether (ETH) treasury firm led by Ethereum co-founder Joe Lubin, said it bought 143,593 ETH through last week, bringing total holdings above $3 billion. To finance the purchases, SharpLink raised $537 million in net proceeds during the week ended Aug. 15. The company secured $390 million through a registered direct […]
State of Illinois Moves to Regulate Crypto Firms and Digital Kiosks
Illinois has passed two new laws to regulate cryptocurrency activity and protect consumers. On Monday, Governor JB Pritzker signed the Digital Assets and Consumer Protection Act and the Digital Asset Kiosk Act. These measures place Illinois among the first states in the Midwest to introduce crypto-specific safeguards. ILLINOIS ENACTS FIRST MIDWEST CRYPTO CONSUMER PROTECTIONS Governor […]
CoinDesk 20 Performance Update: Chainlink Drops 4.3% as Nearly All Assets Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4076.62, down 1.2% (-51.06) since 4 p.m. ET on Monday. One of 20 assets is trading higher. Leaders: ADA (+1.0%) and BCH (-0.3%). Laggards: LINK (-4.3%) and APT (-3.2%). […]