24/7 Blockchain industry dynamics and breaking crypto news
U.S. Treasury Secretary Scott Bessent confirmed the government holds approximately $17 billion in Bitcoin, stating it will not sell any existing holdings and plans to accumulate more, signaling a long-term strategic approach.
Read MoreThe IRS will mandate detailed cost-basis reporting for digital asset transactions starting in 2026. This major move aims to close the crypto tax gap and align digital asset taxation with traditional securities, requiring investors to maintain accurate records.
Read MoreA leading cross-chain protocol has launched an on-chain yield solution tailored for institutional clients. It consolidates over 20 yield strategies and integrates cross-chain execution across more than 60 blockchain networks.
Read MoreIran plans to activate alternative ports beyond its southern hubs to circumvent U.S.-led blockades at the Strait of Hormuz. This strategic shift aims to secure vital trade routes and reduce dependency on choke points, highlighting Tehran's adaptive response to maritime pressure.
Read MoreElon Musk announced Tesla's AI chip team completed the tape-out of the AI5 processor. The next-generation AI6 and Dojo3 chips are now in active development, signaling a major push to advance the company's autonomous driving and artificial intelligence computing capabilities.
Read MoreRecent analysis highlights a crucial threshold: spot Bitcoin ETF holders' average entry cost sits near $74,2K, acting as a key breakeven point. Short-term holder costs around $83,734 form the current primary resistance. Market structure improvement hinges on narrowing this gap.
Read MoreTempo Network expands its validator set with major global payment and financial institutions. This strategic move enhances network security, decentralization, and institutional trust, marking a pivotal step towards its transition to a permissionless validation model.
Read MoreSociete Generale's digital asset arm, in collaboration with Consensys, has integrated its USD CoinVertible stablecoin into the popular MetaMask self-custody wallet. This move expands the bank's reach in the cryptocurrency sector, offering users direct access to its digital currency.
Read MoreA major crypto wallet provider recently revealed a sophisticated, long-term social engineering attack linked to North Korean threat actors. Using AI to enhance their tactics, hackers infiltrated internal systems and stole approximately $100,000. The company confirmed user funds and core applications were safe and has implemented preventative measures, highlighting a new era of AI-powered cyber threats.
Read MoreBitcoin surged past the $74,000 milestone, reaching a new record high above $74,005. However, the market experienced a slight pullback with a 0.54% dip over 24 hours, indicating heightened volatility. Investors are advised to exercise caution.
Read MoreOn April 15, East Asia's two major stock markets showed impressive performance. The Nikkei 225 Index rose 0.44% to close at 58134.24 points, while the Korean Composite Index surged 2.07% to 6091.39 points. The collective gains signal positive regional economic momentum.
Read MoreA major crypto platform has launched a QR code payment service in Bolivia, allowing verified users to pay at merchants with over 100 cryptocurrencies like USDT and BTC, which are automatically converted to local currency.
Read MorePresident Trump indicated that progress has been made in US-Iran negotiations, suggesting a potential agreement could be reached before the upcoming visit of UK royalty to Washington later this month, offering a new diplomatic possibility.
Read MoreBlockchain intelligence reveals the Winklevoss brothers recently withdrew approximately $42.77 million in Bitcoin. This major move, following a $128.5 million deposit just over a month ago, sparks analysis about potential shifts in their high-profile crypto investment strategy.
Read MoreFormer U.S. Treasury Secretary Janet Yellen maintains that interest rate cuts remain possible later this year, despite oil price volatility from geopolitical tensions posing a broad supply-side challenge. She notes stable inflation expectations reduce the likelihood of further hikes.
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