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Key senators critical to advancing the crypto market structure legislation may soon be willing to move forward on the bill, individuals familiar tell CoinDesk.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.Crypto negotiators’ hopes are bubbling up over the Digital Asset Market Clarity Act, the Senate legislation that represents the top-priority policy hope for the sector. The key senators — those who’d dragged their feet over stablecoin yield — are reviewing what seems to be a final take from bankers on what their industry would…
Bitcoin has fallen back below $70,000 as selling pressure continues to dominate among crypto traders. Notably, there is currently little sign of strong buying demand that could stop further downside and the current structure still leaves room for a Bitcoin price drop below $60,000. Interestingly, technical analysis shows that the Bitcoin price action is beginning to resemble the pattern it created during the 2022 bear market, with long-term data showing that Bitcoin’s bear cycles have gradually become less severe over time. Related Reading Bitcoin’s Bear Market Cycles Are Shrinking Technical analysis of Bitcoin’s entire price history shows that post-cycle drawdowns…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean authorities are reportedly moving to exclude stablecoins from an incoming framework that will allow listed companies to invest in cryptocurrencies. The decision is reportedly tied to existing foreign exchange laws, but reflects a cautious approach in permitting institutional exposure to the digital asset market. South Korea’s FSC Leaves Stablecoins Out of Corporate Options According to a report by local media, Herald Economy, South Korea’s financial regulators are leaning toward omitting US dollar–pegged stablecoins such as USDC and USDT from the list of digital assets that…
Yuval Rooz has a blunt message for the smart contract sector: If you claim to be the future plumbing of global finance, you’d better show the cash flow.“People have assigned a lot of value to these networks based on what they say they’ll become,” said Rooz, CEO of Digital Asset and co-founder of the Canton Network. “But when you look at how much actual business they’re doing, there’s a massive disconnect.”The Canton Network is a privacy-enabled blockchain infrastructure that aims to connect financial institutions and their tokenized assets across interoperable, permissioned applications.“The issue isn’t about any single chain. Many smart…
Six asset classes now exceed $1 billion onchain, but just 12% of RWA-backed stablecoin supply has entered DeFi protocols.Tokenized real-world assets, excluding stablecoins, have crossed $25 billion in onchain value, nearly quadrupling from roughly $6.4 billion a year earlier, according to data from RWA.xyz.(RWA.xyz)The milestone, and continued growth, as RWAs hit the $20 billion mark at the end of 2025, continues a shift from early experimentation toward institutional-scale deployment. Asset managers, including BlackRock, Fidelity, and WisdomTree, have launched tokenized fund products over the past year, while the number of tokenized U.S. Treasury offerings alone expanded from 35 to over 50,…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A federal judge in Manhattan has thrown out a civil lawsuit accusing Binance, the world’s largest crypto exchange, and its founder Changpeng Zhao, popularly known as CZ, of facilitating financing for multiple terrorist attacks globally. This development represents a significant win for the Seychelles-based exchanges, whose commitment to AML/CFT principles has recently come under serious scrutiny. Binance Not Accomplice To Terror Attack Despite Illicit Transactions, Court Rules According to a Reuters report on March 7, around 535 plaintiffs, consisting of victims and relatives of certain terrorist attacks…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
A US healthcare company is settling with the victims of a cybersecurity attack that exposed patients’ personal identifying information. According to new court filings, Kentucky-based Norton Healthcare Inc. has reached a settlement regarding a cybersecurity incident that occurred in May 2023 and potentially leaked the information of patients and former patients. Norton Healthcare has set aside $11 million in its settlement fund and will be reimbursing $2,500 to each person affected by the leak. “On October 21, 2025, the Parties participated in a mediation…. Ultimately, the case settled at the mediation, with the Parties agreeing to resolve the case on…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Bitcoin seemed to have broken into a fresh rally after making a run towards $75,000 during the week. However, the premier cryptocurrency has been on a steady decline since hitting a new one-month high around $74,000. According to a prominent blockchain firm, this decline may not be over yet for the price of BTC. Whales Offload 66% Of BTC Purchase After $74K High In a Friday report, Santiment revealed that the price of Bitcoin could even fall lower from its current level due to…