Newsroom
Measured reporting on crypto markets, protocols and policy.

Bitcoin Tops $77,000 as Treasury Policy and Record ETF Inflows Fuel Best Rally Since 2023
Bitcoin is on pace for its strongest weekly gain in over two years, powered by the U.S. Treasury's bond buyback plan and a second straight day of heavy ETF inflows — with traders now eyeing $80,000 as the next test.

Bitcoin Tops $71,000 as SEC Unveils First Major Crypto Rule
Bitcoin shattered a six-week trading range to top $71,000, wiping out $3 billion in short bets, just as the SEC's new "Regulation Crypto Assets" proposal opens the door to a friendlier U.S. regulatory era.

Robinhood's Tenev and Andrew Cuomo Both Sound the Alarm: America Is Falling Behind on Crypto Rules
Two prominent voices in U.S. finance — Robinhood CEO Vlad Tenev and former New York Governor Andrew Cuomo — separately warned this week that America risks losing the next wave of financial innovation unless regulators and Congress move faster on tokenization and the CLARITY Act.

Bitcoin Reclaims $64K as U.S. Treasury Unveils Landmark Stablecoin Rulebook
Bitcoin pushed back above $64,000 on August 18 as buyers returned after a rough week of ETF outflows, while the U.S. Treasury dropped a long-awaited proposal defining exactly who can legally issue and sell stablecoins to Americans under the GENIUS Act.

Spot Bitcoin ETFs log record weekly inflows as basis trade widens
Institutional demand returned in force this week, with regulated spot Bitcoin vehicles absorbing more supply than miners produced as the basis trade widened — a quiet but structural shift.

Ethereum ETF staking gets the green light
Regulators have cleared US spot Ether ETFs to stake their holdings, opening a native yield line that reshapes the product's appeal.

Ethereum fee market cools as blob capacity absorbs rollup demand
A year after proto-danksharding shipped, layer-2 settlement is cheaper and steadier as blob capacity absorbs rollup demand. The data suggests the scaling roadmap is doing what it promised.

Stablecoin settlement volume overtakes a major card network on-chain
Adjusted for wash and bot activity, dollar-pegged tokens are now clearing genuine payment volume at a scale that is hard to dismiss as a niche, on-chain settlement rivalling a major card network.

What a Fed rate cut means for crypto markets
Lower policy rates ease financial conditions and tend to lift risk assets — but the transmission to crypto is noisier than the headlines suggest.

Solana validators ship fee-priority overhaul to tame congestion
A revised local fee market aims to keep Solana responsive during demand spikes without pricing out ordinary users, reworking how priority fees are set and collected.

Regulators publish long-awaited framework for tokenised deposits
Regulators have published a long-awaited framework for tokenised deposits, drawing a clear line between bank-issued tokens and stablecoins with far-reaching consequences.

Bitcoin dominance climbs above 58% — what it signals
Bitcoin's share of total crypto market capitalisation has pushed above 58%, a pattern that has historically signalled caution more often than exuberance.

Mining difficulty hits an all-time high as hashrate migrates to cheaper power
Bitcoin's network has never been harder to mine. Behind the record difficulty sits a geographic reshuffle of hashrate toward stranded and renewable power.

A quiet week for altcoins masks rising dispersion beneath the index
Aggregate altcoin performance looks flat this week, but beneath the index the gap between winners and losers is the widest it has been in months.

Solana overtakes Ethereum in daily DEX volume
Decentralised exchange volume on Solana has edged past Ethereum during several recent sessions, powered by low fees and fast execution.

Tokenized treasuries cross $10B on-chain
On-chain tokenised US Treasury products have crossed the $10 billion mark as institutions bring the world's benchmark safe yield onto public blockchains.

Stablecoin supply hits an all-time high
The combined supply of dollar-pegged stablecoins has set a fresh record, a shift many desks read as dry powder waiting on the sidelines rather than committed risk.

Layer-2 TVL doubles as fees stay near zero
Total value locked on Ethereum's rollups has doubled over the past year while transaction fees have stayed a fraction of a cent, reshaping where activity happens.

Bitcoin miners diversify into AI data centers
Facing tight margins, several large bitcoin miners are repurposing their power and sites to host AI compute, chasing steadier revenue than block rewards alone provide.

MiCA is live: what EU crypto rules change
The EU's Markets in Crypto-Assets regulation is now in force, setting harmonised rules for issuers, stablecoins and exchanges across the entire bloc.

Restaking TVL surges as EigenLayer expands
Restaking — reusing staked ETH to secure additional services — has drawn billions in deposits, along with fresh questions about the layered risk that comes with it.

Grayscale files for a spot Solana ETF
A major asset manager has filed for a spot Solana ETF, testing whether regulators are willing to extend the exchange-traded template beyond bitcoin and ether.

Bitcoin realized cap sets a new record
Bitcoin's realized capitalisation — the value of every coin priced at the point it last moved — has set an all-time high, pointing to genuine capital entering the network rather than paper gains.

RWA lending markets top $1B in deposits
On-chain lending backed by real-world assets has passed $1 billion in deposits, pulling off-chain credit into DeFi and reshaping where yield now comes from.

Memecoin volume cools after a frothy quarter
Speculative memecoin trading has cooled sharply from its peak, a familiar pattern as attention and liquidity rotate elsewhere.

Coinbase Base network hits 1M daily active users
The Base layer-2 network has crossed one million daily active addresses, one of the clearer signs of consumer traction in crypto.

Bitcoin options open interest hits new high
Open interest in Bitcoin options has set a record, reflecting a maturing derivatives market and more sophisticated positioning.

US spot ETH ETFs see first month of net inflows
After a slow start, US spot Ether ETFs have recorded their first full month of net inflows, a sign demand may be broadening beyond Bitcoin.

Crypto market cap reclaims $3.5 trillion
Total crypto market capitalisation has climbed back above $3.5 trillion, led by Bitcoin and a firmer bid across large caps.

Ripple secures a national trust bank charter
A national trust bank charter would give the firm behind XRP a federal footing for custody and stablecoin operations, moving parts of its business under direct oversight.