CryptoCryptocurrency

Predictors on Myriad are growing more bearish on Bitcoin, with sentiment shifting toward a potential drop to $69,000 rather than a rebound to $100,000 after the asset fell nearly 5% over the past week.

Chinese authorities have executed 11 members of the Ming family for running scam compounds and illegal gambling operations in Myanmar that generated more than $1.4 billion, following convictions for murder, fraud and organised crime.

Democrats on the Senate Agriculture Committee said Republicans have derailed negotiations on a US crypto market structure bill after advancing a party-line draft that passed committee despite unanimous Democratic opposition.

Ethereum will redeploy about 75,000 Ether worth roughly $220 million from unclaimed DAO-era contracts into a long-term security endowment to fund audits, tooling and incident response.

Tether has amassed around 140 metric tons of physical gold, turning the stablecoin giant into a market-moving bullion buyer.

Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralised physical infrastructure network projects, signalling selective investor appetite for infrastructure-heavy crypto bets.

OSL Group has raised $200 million in equity financing as it accelerates global expansion of its stablecoin trading and digital payments operations.

WisdomTree has expanded its tokenisation ecosystem to include the Solana blockchain, opening new onchain access for both retail and institutional investors.

Dubai Insurance has launched a crypto-enabled digital wallet in partnership with Zodia Custody, marking what it describes as the first such initiative within the UAE insurance sector.

The SEC has clarified how US securities laws apply to issuer-sponsored and third-party tokenised securities.

Universal Digital has launched USDU, the first US dollar-backed stablecoin formally registered by the UAE central bank for digital asset payments.

Sygnum has raised over 750 bitcoin for its market-neutral BTC Alpha Fund, which delivered 8.9% annualised returns in the fourth quarter.