Analysis: Cryptocurrencies

Bitcoin tops $100,000 on trade deal optimism

Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President...

Coinbase buys Deribit in $2.9 billion deal to expand crypto options base

Coinbase, the largest publicly traded cryptocurrency exchange, said on Thursday it will buy derivatives exchange Deribit in a $2.9 billion deal to expand into the crypto options markets. ...

Trump's crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing

Tensions on Capitol Hill over President Donald Trump's various cryptocurrency ventures escalated on Tuesday and threatened to derail the digital asset sector's hope of legislation by the end of this...

Ethereum's Pectra upgrade: can it break ETH out of its slump?

The upcoming Pectra upgrade marks an important step for Ethereum and could provide a compelling narrative for the ETH price.

Britain to bar consumers from borrowing to buy crypto under new regime

LONDON -Britain is to restrict consumers' use of credit cards to buy crypto and their access to crypto lending products, the regulator said on Friday, a move aimed at improving protection as ...

US moves to ban Cambodia's Huione over alleged money laundering

The U.S. Treasury plans to ban Cambodian financial firm Huione Group from the U.S. financial system, deeming it of primary money laundering concern over its alleged role in laundering illicit funds...

Nigerian judge adjourns Binance tax evasion case to May 12

ABUJA -A Nigerian judge on Wednesday adjourned a tax evasion case against the world's largest crypto exchange until next month after the revenue service asked for permission to serve court documents...

UK sets out new rules for crypto as it aligns with US on approach

LONDON -Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government signalled it would cooperate closely with the United States...

US senator raises concern about SEC oversight of Trump Media investment products

NEW YORK -Democratic Senator Elizabeth Warren asked the U.S. securities regulator on Friday about its plans to supervise exchange-traded funds due to be launched by a company founded and...

New US SEC chair says crypto sector deserves clear regulations

WASHINGTON -The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering regulatory uncertainty in...

South Korea says DeepSeek transferred user data, prompts without consent

South Korea's data protection authority said on Thursday that Chinese artificial intelligence startup DeepSeek transferred user information and prompts without permission when the service was still...

North Korean cyber spies created U.S. firms to dupe crypto developers

North Korean cyber spies created two businesses in the U.S., in violation of Treasury sanctions, to infect developers working in the cryptocurrency industry with malicious software, according to...

Derivatives exchange CME set to launch XRP futures in crypto push

CME Group will launch futures contracts tied to the XRP cryptocurrency next month, the derivatives exchange said on Thursday, aiming to tap into the growing interest in tokens other than bitcoin and...

Coinbase waives fees on PayPal's stablecoin in crypto payments push

Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's stablecoin and allowing its users to redeem the token directly for U.S. dollars, a...

Dinner with the president: Trump meme coin surges on offer to top buyers

NEW YORK -President Donald Trump's meme coin surged more than 60% on Wednesday after a post announcing the most EXCLUSIVE INVITATION in the world promised the top 220 buyers of $TRUMP a private gala...

Trump Media pushes forward with pivot to crypto, ETF plans

U.S. President Donald Trump's social media firm, Trump Media & Technology Group, said on Tuesday it had reached a binding agreement to roll out an array of retail investment products, including...

Cryptocurrency exchange Kraken cuts redundant roles amid traditional finance push

Kraken, one of the world's largest cryptocurrency exchanges, is reorganizing its workforce by reducing some positions and consolidating teams where redundancies exist, while continuing to hire in key...

The OM crash: a $5-billion wipeout that didn’t shake bitcoin

In one of the most dramatic implosions in recent crypto memory, Mantra’s OM token crashed by over 90% on April 13, wiping out more than $5.4 billion in market value in mere hours. The token plunged...

Russia should have own stablecoins, finance ministry official says

Russia should develop its own stablecoins pegged to other currencies after Russia-linked digital wallets holding the popular USDT stablecoin were blocked last month, a senior Finance Ministry...