Anthropic restores AI models Fable, Mythos after the U.S. lifts export controls
Anthropic is restoring access to its two most advanced AI models after the U.S. government lifted the export controls that forced it to pull them last month.
Digital Assets
XRP holds above $1 after leverage flush as network activity improves
XRP is still pinned near $1, but the selling pressure is no longer coming from the same crowded leverage that drove the earlier decline. The token slipped 1% over the session, then bounced from suppor…
Bitcoin’s 20% June crash looks even deadlier on the charts. Here’s why
The June candlestick, a charting tool summarizing entire month's price action into a single visual, looks like a solid red brick with virtually no wicks, a clear sign of complete and "uninterrupted" b…
Taiwan’s sweeping crypto law raises the bar with licensing, reserve mandates, and tough penalties
Taiwan has taken a major step forward in overseeing its digital asset sector by enacting comprehensive new regulations for cryptocurrency operations.
U.S. senators seek to block foreign adversaries from AI technology in new bill
The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republica…
Trump pocketed more than $1 billion from crypto ties as industry headed toward slump
President Donald Trump earned more than $1 billion from crypto sales and royalties last year while living in the White House and pursuing aggressively pro-crypto policies in his administration.
Companies spending the most on AI are growing jobs, Ramp study finds
Ramp, a financial operations platform, said companies making the largest investments in artificial intelligence are expanding their workforces rather than shrinking them, according to a new study that…
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
Circle shares (CRCL) cratered on Tuesday after the new Open USD stablecoin network rattled investors, but analysts say it's too early to conclude the consortium poses a serious threat to USDC.
Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The team behind one of Hyperliquid's highest-profile private-company trading projects has found a new home.
SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
The U.S. Securities and Exchange Commission is reexamining how it approaches novel exchange-traded funds, including those focused on crypto, and is inviting public input on its automated system to app…
Chinese exile once linked to Trump strategist gets 30-year sentence in $1 billion fraud
A U.S. judge sentenced Chinese businessman Miles Guo, the billionaire behind the fraudulent crypto venture Himalaya Coin, to 30 years in prison, long after a trial jury found the well-connected defend…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Circle (CRCL) shares were lower by 8% in Tuesday morning trading after a consortium backed by some of the biggest names in payments, banking and crypto unveiled Open USD, a new stablecoin designed to …
Jefferies warns of crypto market volatility as Clarity Act faces Senate test
The Clarity Act still faces significant hurdles despite clearing the Senate Banking Committee, with investment bank Jefferies warning that political uncertainty could fuel volatility across crypto mar…
Tokenized securities need competition, not gatekeepers
Paper certificates gave way to book-entry records. Trading floors gave way to electronic markets. Manual processes gave way to faster settlement, automated clearing, and global access. Each step raise…
Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous
The range itself is normal. Bitcoin spent much of 2024, from March to October, consolidating between $55,000 and $70,000 with occasional overshoots in both directions. What makes the current setup ris…
MetaMask launches Money Account with stablecoin yield and spending in one wallet
MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to become broader financial platfo…
New York Life makes tokenization debut with onchain high-yield bond fund with Centrifuge
New York Life Investment Management (NYLIM), the $807 billion asset management arm of major life insurer New York Life, is bringing its first investment strategy onto blockchain rails, joining a growi…
Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether tested critical multiyear support levels, with ether at a price it has bounced from twice before and bitcoin near its lowest since late 2024.
Nasdaq expands distribution of its market data into blockchain infrastructure
Nasdaq is expanding the distribution of its market data into blockchain infrastructure, making one of its flagship equity data products available through the Pyth Network as financial firms increasing…
SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit
A federal judge in New York entered a $5.5 million default judgment against NanoBit Limited and five related defendants over an alleged relationship-investment scam built on a fake crypto trading plat…
UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
The U.K.'s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations.
Strategy heads for eleventh losing month in twelve as bitcoin weakness continues
Strategy (MSTR) stock is set to end the month around 41% lower, its worst monthly performance since 2022, with one trading day remaining.
Live updates: BlackRock's IBIT sheds $300 million as bitcoin demand dwindles
U.S. spot bitcoin ETFs lost a net $231 million on Monday, with BlackRock's IBIT accounting for $300 million of outflows that other funds partly offset, including $50 million into ARKB and $35 million …
Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe
Crypto companies are looking more closely at the United Arab Emirates as the European Union’s Markets in Crypto-Assets regulation, or MiCA, approaches a July 1 deadline that will force firms without a…