Altseason, analysts suggest, typically follows a pattern in the crypto market's 4-year cycle - starting with Bitcoin, then large-cap tokens like ETH and SOL, and finally spreading to smaller altcoins
US President Donald Trump has signed the first federal stablecoin law, calling it a major leap for US crypto leadership; measure sets strict rules for dollar backing and boosts dollar's global reserve
The largest single Bitcoin liquidation, valued at $88.5 million, was on the exchange HTX. Overall, about $1.29 billion in positions were wiped out across all tokens, the most this year
The US Senate on june 18, passed the GENIUS Act, a landmark bill that aims to regulate stablecoins, the type of cryptocurrency that’s pegged to the US dollar.
Crypto talks, trade and a rare military handshake-Trump's unexpected White House lunch with Pakistan's army chief signals more than diplomacy
Analysts believe that the regulatory developments such as the GENIUS Act and Thailand's recent five-year tax exemption policy are shaping a new global crypto landscape
Crypto profits are no longer invisible to tax authorities. The government has built a strong data trail with crypto exchanges and is cross-verifying transactions in real time.
RBI Governor Sanjay Malhotra on Friday said the central bank is concerned about cryptocurrencies as it can hamper financial stability. Malhotra was replying to a question during a media interaction post the RBI monetary policy about the developments in the backdrop of the Supreme Court's observation on crypto currency last month. "There is no new development as far as crypto is concerned. A committee of the government is looking after this. Of course, as you are aware, we are concerned about crypto because that can hamper financial stability and monetary policy," Malhotra said. The Supreme Court has last month asked the Centre to formulate a "clear cut" policy on regulating cryptocurrency, while underlining its impact on the economy. A Supreme Court bench termed the Bitcoin trade as an illicit trade more or less like "hawala" business. India is currently working on a discussion paper for cryptocurrencies and an inter-ministerial group (IMG), comprising officials from RBI, Sebi and
US Vice-President J D Vance on Wednesday praised the cryptocurrency industry and urged it to remain active in US politics and policymaking, highlighting the Trump administration's close ties to a deep-pocketed industry that's become a powerful force in Washington. Speaking at a bitcoin conference in Las Vegas, Vance urged the crypto executives and enthusiasts to keep pressure on Congress to pass pro-crypto legislation supported by the White House. We have a once-in-a-generation opportunity to unleash innovation and use it to improve the lives of countless American citizens, Vance said in his address. But if we fail to create regulatory clarity now, we risk chasing this $3 trillion industry offshore in search of a friendly jurisdiction. Vance's speech comes after Trump promised to make the US the crypto capital of the planet when he addressed the same bitcoin conference in Nashville last year in the middle of the presidential campaign. The crypto industry, which felt unfairly attac
Market analysts called the current consolidation healthy and said it indicates investors are waiting for clearer breakout or breakdown signals
Market analysts believe that Bitcoin has recovered after macro concerns about US-European trade tariffs made it retest support around $106,500
However, the newspaper said that the bank consortium discussions are in early, conceptual stages and could change
President Donald Trump rewarded top investors in one of his cryptocurrency projects with a swanky dinner on Thursday night, an event that showed the ascendance of an emerging financial industry and also the president's willingness to mix public office with personal profit. Some 220 of the biggest investors in the $TRUMP meme coin were invited to Trump's luxury golf club in Northern Virginia, where they dined on filet mignon and halibut. According to participants' posts on social media, Trump spoke for about half an hour before dancing to the song YMCA. Despite the White House insisting that Trump would be attending the event in his personal time, he stood behind a lectern with the presidential seal as he touted an industry that's generating profits for his family business. After feeling unfairly targeted under President Joe Biden, the crypto industry has quickly become a powerful political force, donating huge sums to help Trump and friendly lawmakers. The U.S. Senate is advancing
A wave of optimism is buoying Bitcoin after the advancement of a key stablecoin bill in the US senate fueled hopes of greater regulatory clarity for crypto operators
The Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure. Monday's 66-32 procedural vote keeps one of President Donald Trump's top legislative priorities on track for passage and highlights the growing political strength of the cryptocurrency industry, which spent heavily in last year's election and has amassed a large war chest for next year's midterms. Several Democrats reversed and voted to move forward with the legislation after negotiations with Republicans in recent days. The fate of the legislation, which would regulate how stablecoin issuers operate in the U.S, had been uncertain in recent weeks despite early bipartisan support. Senate Democrats blocked it earlier this month in part over concerns about how Trump and his family were benefiting from private crypto endeavors, including a newly launched stablecoin. Republicans won support from Democrats after strengthening ...
Bitcoin's consolidation around the $104,000 level, Riya Sehgal, research analyst at Delta Exchange, said, signals a maturing market showing resilience despite a sharp drop in spot ETF inflows
Among other altcoins, Cardano (ADA) was down 4.18 per cent, Solana (SOL) declined 4.08 per cent, Ripple (XRP) fell 2.18 per cent, and Binance Coin (BNB) dropped 1.7 per cent
Bitcoin recently recorded its highest number of active addresses in six months, with over 925,000 addresses active in a single day
Top trending cryptocurrencies included Ripple (XRP), Pudgy Penguins (PENGU), Casper (CSPR), Bubblemaps (BMT), and Walrus (WAL)
Trump's $TRUMP memecoin sees a dramatic rise after an exclusive dinner invite for top holders. Investors now have a shot at meeting the president at his DC golf club on May 22