The total crypto market capitalization has fallen to an eight-month low, wiping out all gains this year, as analysts remain bearish in the short-term. Total market capitalization fell to $2.93 trillion in late trading on Thursday, its lowest level since April, according to CoinGecko. The total market value of crypto has declined by around 33%…
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The US Securities and Exchange Commission has flagged in a lawsuit that third-party Bitcoin mining hosting services can be a securities offering, a position strongly opposed by one industry executive. The SEC sued the Bitcoin (BTC) mining company VBit and its founder, Danh Vo, in a Delaware federal court on Wednesday, accusing them of fraud…
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Analysts and investors are questioning why crypto isn’t in a bull market, given the amount of positive drivers that have taken place this year. “At some point, we need to admit that something is structurally broken in the crypto market,” CNBC crypto contributor Ran Neuner said on Tuesday. He said that multiple favorable factors should…
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United States President Donald Trump offered positive remarks about pro-crypto Fed chair nominee Chris Waller at a recent press conference, as speculation continues over his final choice. “I think he’s great. I mean, he’s been a man who’s been there a long time. Somebody that I was very involved with and sense of his career,…
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The response from Bitcoin developers on the risk of quantum computing to the cryptocurrency is weighing down its price and affecting capital flow, crypto industry executives have argued. Adam Back, a cypherpunk the and co-founder of Bitcoin infrastructure company Blockstream argued in a series of X posts on Thursday that it is good for Bitcoin…
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XRP exchange-traded funds have surpassed $1 billion in assets due to the long-standing recognition of the token among mainstream market participants, combined with its strong price performance over the past few years, according to a crypto executive. It comes as spot Ether (ETH) ETFs continue to post outflows, while spot Bitcoin (BTC) ETFs have recorded…
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The long-awaited Digital Asset Market Clarity Act, or CLARITY Act, is moving closer to passage, with a Senate markup expected in January, says White House artificial intelligence and crypto czar David Sacks. Sacks posted to X on Thursday that Senate Banking Committee Chair Tim Scott and Agriculture Committee Chair John Boozman had confirmed that the…
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Coinbase, the largest US-based crypto exchange, has appointed George Osborne, a former United Kingdom chancellor of the exchequer, to run the company’s internal advisory council. The decision to appoint Osborne, who began working as a Coinbase advisor in 2024 during its battle with the US Securities and Exchange Commission (SEC), is part of Coinbase’s strategy…
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A new Federal Reserve discussion paper finds that the US dollar’s role in global bond markets has risen and fallen in cycles over the past six decades, with no clear long-term trend toward either greater dollar dominance or de-dollarization. Using the Bank for International Settlements’ (BIS) international debt securities database, the authors identify three distinct…
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Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing near-term inflation pressure and reviving risk appetite across markets. Key takeaways: The lower-than-expected CPI print…
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