Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986. Source:CoinDesk
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. Source:CoinDesk
Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
The White House has circulated some details of the conflictofinterest limits the president agreed to with Republican negotiators, but talks are still underway.…
Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say
BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.…
White House pushes Senate Democrats to take 'historic' crypto Clarity Act ethics deal
Without revealing any details about the actual agreement from President Trump on potential presidential restrictions, his White House is urging its acceptance.…
Movement Labs files for Chapter 11 bankruptcy months after token scandal and strategic overhaul
The filing comes after months of upheaval that included a controversial marketmaking agreement, an internal investigation into its MOVE token launch, a Binance…
Claude's Fable 5 just solved an 87-year-old math problem, and it matters for bitcoin
Claude Fabel 5 disproved the Jacobian conjecture over the weekend, landing days after the capabilities of China's Kimi AI became the biggest force moving…
Galaxy sets up $5 million fund to help shield Bitcoin against quantum computing threats
The crypto financial services firm is funding developers to strengthen the blockchain's security before quantum computers become powerful enough to steal…
Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors
While citizens still cannot use Bitcoin to buy groceries, the Kremlin is officially letting companies use digital tokens to bypass sanctions and other global…
Augustus raises $180 million to build a clearing bank for the AI and stablecoin era
The firm, freshly valued at $1 billion, aims to replace legacy correspondent banking with alwayson infrastructure that connects traditional payment systems and…
MoneyGram's CEO says blockchain works best when customers don't know it's there
In an interview with CoinDesk, MoneyGram CEO Anthony Soohoo said that their blockchain strategy has evolved from early experimentation into a broader effort to…
Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls
The proposed threeway merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned. Source:CoinDesk