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WASHINGTON, D.C. — Donald Trump was elected president again one year ago this week, though some of the crypto industry’s lobbyists quietly say they feel like they’ve aged many years in this tumultuous 12 months, which saw a range of lofty highs and deep frustrations in the young sector’s hunt for U.S. policies.President Trump surged back into the White House with wide support from crypto voters and optimism from many of the most prominent U.S. leaders of the industry that he’d secure their place in the U.S. financial system. In many ways, that faith in the politician has paid off.He…
A very rough week in crypto markets appears on track to conclude on a slightly positive tone.About an hour ahead of the close of U.S. stock market trade Friday, the price of bitcoin BTC$103 380,31 has managed to climb back above $103,000 — up about 2% over the past 24 hours — after falling back to the $99,000 area earlier in the session.It’s some solace for the bulls after bitcoin plunged from above $110,000 at one point Sunday to below $99,000 about 48 hours later.The bounces in some altcoins were even larger on Friday, with ether ETH$3 461,85, XRP$2,3467 and solana SOL$163,35…
Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings.Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fallen 11% to 14% this week, according to Google Finance data, erasing recent gains and underscoring the fragile sentiment surrounding crypto-linked equities.On Oct. 30, Coinbase reported stronger-than-expected earnings and revenue as it advanced its “Everything Exchange” initiative, aimed at expanding the volume and diversity of tradable assets on its platform. Yet, despite the upbeat results, shares failed to maintain…
The Balancer Decentralized Autonomous Organization (DAO) issued an onchain notice to the wallet holder behind an exploit this week that resulted in more than $100 million in digital assets being stolen.In a Friday X post, Balancer posted a copy of the message it sent to the individual or group responsible for the incident tied to the platform’s V2 Composable Stable Pools. The decentralized exchange offered them until Saturday to return the funds in exchange for an unspecified bounty, or it would use “technical, onchain, and legal measures” to pursue matters.“We understand that affected users are awaiting further updates,” Balancer said…
Coinbase executives are urging US lawmakers to view stablecoin and market structure bills as interconnected pieces of a broader crypto regulatory framework, as Congress continues to deliberate over industry rules.Speaking to Cointelegraph at the Blockchain Futurist Conference on Thursday, Coinbase Chief Business Officer Shan Aggarwal weighed in on how a market structure bill could affect US markets. According to Aggarwal, both the market structure currently being considered in the US Senate — called CLARITY when it passed the House of Representatives — and the GENIUS stablecoin bill passed in July act “effectively like oil for the onchain economy.”“GENIUS laid the…
World Liberty Financial (WLFI), linked to US President Donald Trump, recently announced its plan to expand its presence on the Solana blockchain. According to the announcement, the plans involve forming fresh partnerships with Bonk, a memecoin platform, and Raydium, a decentralized exchange built on the Solana blockchain that combines automated market making (AMM), order book trading, and has token launch capabilities. The announcement was made by Official World Liberty Financial WLFI $0.1156 0.06% on 5 November 2025 as a shift in strategy to bring USD1, its stablecoin, into Solana’s rapidly growing decentralized finance (DeFi) space. As part of our mission…
Coinbase Hit With $24.7M Fine After “Critical” Tech Errors Left Suspicious Transactions Unscreened
Marathon’s third-quarter filing carried a quiet but definitive policy change, in which the company stated that it will now sell a portion of newly mined Bitcoin (BTC) to fund its operations.The shift occurred as MARA held approximately 52,850 BTC on Sept. 30, paid around $0.04 per kilowatt-hour at its owned sites, and recorded a purchased-energy cost per Bitcoin of around $39,235 in the third quarter as network difficulty increased.Transaction fees contributed just 0.9% of mining revenue in the quarter, underlining weak fee tailwinds. Cash usage was heavy year-to-date, with approximately $243 million allocated to property and equipment, $216 million in…
Marathon’s third-quarter filing carried a quiet but definitive policy change, in which the company stated that it will now sell a portion of newly mined Bitcoin (BTC) to fund its operations.The shift occurred as MARA held approximately 52,850 BTC on Sept. 30, paid around $0.04 per kilowatt-hour at its owned sites, and recorded a purchased-energy cost per Bitcoin of around $39,235 in the third quarter as network difficulty increased.Transaction fees contributed just 0.9% of mining revenue in the quarter, underlining weak fee tailwinds. Cash usage was heavy year-to-date, with approximately $243 million allocated to property and equipment, $216 million in…
Fourteen of Europe’s leading banks are pushing back against the European Central Bank’s plan for a digital euro. They argue the project could weaken private payment systems ahead of crucial parliamentary discussions in Brussels this week. Lawmakers are now calling for a scaling back of the initiative, arguing that it lacks clear benefits and risks duplicating market-led innovation. Meanwhile, the EU’s crypto regulation framework may unintentionally advantage US issuers.Sponsored Bank Revolt Challenges Digital Euro PlanThe European Central Bank’s ambition to launch a digital euro by 2029 is encountering growing resistance across the continent. Fourteen major lenders —including Deutsche Bank, BNP Paribas, and…
