All crypto stories, newest first.
Mexican billionaire Ricardo Salinas has increased his bitcoin holdings from 10% to 70% of his portfolio. He predicts bitcoin could eventually reach $1 million. This bold bet underscores growing institutional confidence in bitcoin as a long-term store of value.
Kentucky is moving to regulate prediction markets, putting it at odds with Donald Trump's stance that states should avoid firms like Kalshi and Polymarket. This clash highlights growing tensions between state-level innovation and federal policy in crypto-related markets.
Illinois has quietly added a new 0.2% tax on any business activity involving digital assets, catching the crypto industry off guard. The tax, included in the state's latest budget, is expected to stay in place, according to insiders.
Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act into law, imposing a 0.20% tax on the gross value of digital assets exchanged, transferred, or stored, effective January 1, 2027. This marks the most aggressive state-level crypto tax in the U.S.
Illinois has become the first state to impose a financial transaction tax on crypto, sparking backlash from industry leaders. The 0.1% tax applies to crypto trades over $1,000 and is expected to generate $300 million annually.
Abdulla Kanoo, heir to a 135-year-old Gulf trading dynasty, is building blockchain settlement infrastructure for the growing flow of trade between emerging economies, a market that could reach $32 trillion by 2030.
A Miami resident known as 'Bitcoin Rodney' pleaded guilty to his role in the HyperFund crypto scheme, which prosecutors say defrauded investors out of $1.8 billion. This is one of the largest crypto fraud cases in history.
1. OVERNIGHT MOVES
U.S. Congressman Nick Begich argues the government should stop selling seized Bitcoin and instead hold it as a strategic reserve asset, similar to gold. He also calls for a cautious approach to AI, comparing it to nuclear technology. The proposal highlights a growing recognition of Bitcoin's long-term value.
US lawmakers have included a temporary ban on a central bank digital currency (CBDC) in a housing bill, pushing any potential launch until at least 2030. The 21st Century Road to Housing Act aims to address housing affordability but includes this significant crypto-related provision.
A senior official from China's central bank has urged stricter oversight and international cooperation as stablecoins become more important in cross-border transactions. This comes as stablecoins gain traction in global payments, requiring closer monitoring.
Botanix's shutdown has sparked debate about the future of Bitcoin layer-2 solutions. The market may prefer simpler yield tools over complex programmable BTC applications.
Australia’s High Court unanimously ruled that Block Earner required a financial services licence, overturning a 2025 appeal decision.
VanEck says Bitcoin miners pursuing AI data center businesses face a roughly $50 billion funding gap, with investors increasingly rewarding companies that have already secured and energized AI infrastructure capacity while punishing those still relying on unproven pipeline projections.
Ripple has invested in Flutterwave's $3.2 billion Series E funding round, supporting the integration of its RLUSD stablecoin and XRP Ledger across 34 African markets. This move aims to boost financial inclusion and digital payments in the region.
A developer named Ben has created a modern, independent Bitcoin full node implementation in Rust called Satd. It addresses concerns about the network's reliance on a single C++ codebase for 15 years by offering features like built-in APIs, robust security, and easier maintenance. The project aims to reduce the risk of a single point of failure in the Bitcoin network.
An anonymous Polymarket trader turned about $4 million into a $9 million profit by betting against Spain's World Cup success. The unusual trade has raised questions about luck or insider knowledge.
Bitcoin's value doesn't rely on staking or inflation, says Michael Saylor. He proposes a five-layer 'Digital Asset Stack' that generates returns through Bitcoin-based credit and equity products. This could change how investors think about Bitcoin's utility beyond just price appreciation.
The IMF highlights the rapid adoption of stablecoins in Nigeria, warning that efforts to suppress their use are likely to be only partly effective. The country's reliance on stablecoins for financial transactions is growing, posing potential risks to its financial system.
Hyperliquid's newly launched ETFs have pulled in $172 million since their debut, while U.S. spot Bitcoin ETFs lost $5.6 billion over the same period. This divergence highlights a growing preference for alternative crypto investment products.