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Bitcoin’s mining concentration just appeared in a rare 2-block reorg

Bitcoin’s mining concentration problem just surfaced on the blockchain itself, triggering a small “reorg”. At the center of the story is Foundry USA, the largest bitcoin mining pool, representing a group of miners who combine their computing power to verify transactions, mine blocks and split the rewards in BTC. On the blockchain, there are many […]

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Bitcoin, Ether, Solana Prices Move Higher As Gulf Allies Move Toward Joining Iran War

Monday’s cease-fire trading lasted about 18 hours. Bitcoin rose 3.1% to $70,352 on Tuesday morning, recovering from a weekend dip below $68,000, with ether (ETH), solana’s SOL, dogecoin and xrp rising between 2-4%. The Wall Street Journal reported on Tuesday that Saudi Arabia has agreed to allow the US military access to King Fahd Air

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Stablecoin dividends in the crypto Clarity Act do not allow rewards on balances, says the latest text

Crypto industry insiders got their first look at the revised market structure bill in the Senate, and the opening impression was that the language on the stablecoin dividend allowed was far too narrow and unclear, according to a person familiar with the current draft. The new language, announced Friday by Senators Angela Alsobrooks and Thom

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BTC Shows Modest Monday Gains, Remains Tied To Middle East Developments

Bitcoin BTC$70,915.07 held on to gains on Monday after an early rise above $70,000, but the fate of the rally now depends on what’s next between the US and Iran. The move followed US President Donald Trump’s announcement of a five-day pause in strikes against Iranian energy infrastructure, citing “productive” diplomatic talks. Iranian officials denied

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Polymarket Traders Bet on Iran Ceasefire Even as Oil Shock Concerns Continue: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) The Iran war has single-handedly soured the macro environment for risk-takers in the financial markets, and some participants are betting it could end soon. Onchain data tracked by Polymarket tracker PolymarketHistory shows that 10 wallets sprung to life on Sunday, betting a cumulative $160,000 on a

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The fund is aimed at institutions with new frameworks for privacy

The Solana Foundation is making a new proposition for large institutions: privacy as a customizable feature, not a trade-off. In a report released Monday by the foundation, “Privacy at Solana: A full-spectrum approach to the modern business“ the organization argued that the next phase of crypto adoption will depend less on transparency alone and more

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Prediction market boom spurs new VC fund backed by Polymarket, Kalshi CEOs

A new venture capital firm focused on prediction markets is launching with backing from Polymarket founder and CEO Shayne Coplan and Kalshi co-founder and CEO Tarek Mansour, Bloomberg reported. The firm, called 5c(c) Capital (named after a section of the Commodity Exchange Act that regulates prediction markets) may be the first venture fund built specifically

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Brazil’s finance minister delays divisive crypto tax plan

Brazil’s new finance minister, Dario Durigan, is expected to delay a public consultation on applying a tax on financial operations, known locally as Imposto sobre Operações Financeiras (IOF) to some cryptocurrency transactions, Reuters reported, citing sources familiar with the matter. Durigan took office on March 20 after Fernando Haddad resigned to run for governor of

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MSTR acquired 1,031 bitcoin last week at an average price of $74,326 each.

Michael Saylor’s strategy (MSTR) continued to increase bitcoin holdings last week, but at a greatly reduced pace from recent previous purchases. The leading bitcoin treasury company last week added 1,031 bitcoins for a total price of $76.6 million, or $74,326 per coin. Strategy’s total holdings now stand at 762,099 BTC, acquired for approximately $57.69 billion,

MSTR acquired 1,031 bitcoin last week at an average price of $74,326 each. Read More »

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