24/7 Blockchain industry dynamics and breaking crypto news
A U.S. district judge questioned the legal standing of former President Trump's lawsuit against the Treasury Department and IRS, citing potential lack of genuine controversy. The Justice Department must clarify jurisdiction by May 20.
Read MoreThe CFTC has filed a legal brief asserting its exclusive jurisdiction over prediction markets, warning states against interfering with federal law. This marks the latest move in its ongoing clash with several state regulators.
Read MoreOn-chain data reveals a major Wall Street firm has significantly increased its Bitcoin holdings. The recent addition of approximately 120 BTC brings its total holdings to 1,834 BTC, valued at over $142 million, underscoring institutional accumulation.
Read MoreOpenAI has officially released GPT-5.5 and GPT-5.5 Pro models through its API. This major update provides developers with enhanced natural language processing capabilities, paving the way for innovative applications across various industries.
Read MorePakistan indicated recent Islamabad talks with Iran's foreign minister focused on reviving dialogue with the U.S. A broader trilateral meeting will be evaluated following this engagement, with timing for direct Iran-U.S. contact still unclear amidst a busy travel schedule.
Read MoreA US judge has dismissed fraud claims in Elon Musk's lawsuit against OpenAI and CEO Sam Altman. While this core allegation was thrown out, the remainder of Musk's lawsuit will proceed to trial, marking a new phase in the high-profile legal battle.
Read MoreMarket forecasts indicate a near-certain 99.5% probability the Fed will hold rates steady in April. Attention is shifting to June, where a small chance of a cut emerges, though maintaining rates remains the dominant expectation, reflecting a cautious policy stance.
Read MoreA federal judge questioned the viability of President Trump's $10 billion privacy lawsuit. Since Trump essentially controls both sides of the case, the judge requested an explanation on whether a genuine legal conflict exists, which is required for the court to have jurisdiction.
Read MoreOvernight on April 25th, the crypto space saw significant moves. Regulatory actions intensified in the US, while Ethereum proposed new privacy tech. Google's massive AI investment highlights the convergence of Web3 and artificial intelligence.
Read MoreUS presidential envoys will travel to Pakistan Saturday for urgent face-to-face talks, following a request from Iran. The White House has placed the Vice President on standby, highlighting the diplomatic flexibility in addressing this regional development.
Read MoreFed Chair Powell's term is ending, with his future as a governor uncertain. A recent shift of a criminal probe to the Fed's internal watchdog may influence his decision. Analysts suggest lingering uncertainties could lead him to depart soon rather than stay until 2028.
Read MoreOn April 25, Iran's Tasnim News Agency refuted Western media claims that Parliament Speaker Qalibaf would not accompany the Foreign Minister. Iranian officials stated no negotiations occurred with the U.S. in Islamabad, contradicting earlier White House signals about planned talks.
Read MoreTennessee has enacted a law banning all cryptocurrency ATMs statewide, effective July 1. Violators face up to a year in jail and fines, making it the second U.S. state with such a sweeping prohibition. This reflects growing regulatory concern over fraud risks, with over 20 states now tightening controls on these machines.
Read MoreSoftBank is repurposing a key Osaka plant into one of Japan's largest battery factories, targeting gigawatt-hour capacity. The primary goal is to power its own AI data centers, with future plans to supply other Japanese companies, marking a strategic shift into energy infrastructure.
Read MoreThe US government's investment in Intel has surged 300% in value following the chipmaker's improved financial outlook and sales recovery. This strategic stake has yielded massive returns, highlighting Intel's resurgence and renewed government confidence.
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