The US Department of Justice indicted German citizen Owe Martin Andresen over allegations he laundered roughly $2 million in cryptocurrency linked to the former darknet marketplace Dream Market.
Crypto liquidations climbed to approximately $657.9 million during the past 24 hours as digital asset prices moved lower across the broader market.
China's growth slowed in April with investment declining and retail sales rising just 0.2%. HSBC's Jing Liu says the latest data should be viewed in the context of the Middle East conflict. "China is probably more resilient than others but no exception in terms of taking the hit," she tells Bloomberg Television.
Grayscale and VanEck filed updated S-1 registration statements for their proposed US spot BNB exchange-traded funds, moving the products closer to potential regulatory approval.
UK lawmakers proposed new emergency powers that would allow the government to order the shutdown of advanced artificial intelligence systems during situations involving national security threats or risks to human life.
Michael Saylor said Strategy may need to retain the ability to sell Bitcoin in certain circumstances to preserve confidence in the asset’s liquidity and financial utility.
The House Agriculture Committee urged Donald Trump to fill vacant seats at the Commodity Futures Trading Commission, warning the agency lacks sufficient leadership to manage its expanding regulatory responsibilities.
Brad Garlinghouse said XRP remains differentiated from other digital assets because of its transaction speed, low fees and payment-focused infrastructure.
Oil prices remained elevated above $100 after Donald Trump issued a warning to Iran following renewed tensions surrounding ceasefire negotiations and the Strait of Hormuz.
Oobit officially launched its crypto payments platform in Colombia, marking the company’s ninth active market as it expands further across Latin America.
Trading volumes increased across South Korea’s largest cryptocurrency exchanges over the past 24 hours, with XRP recording approximately $56.69 million in activity on Upbit and Bithumb.
Andreessen Horowitz’s crypto division said the US CLARITY Act could deliver broader economic and technological benefits by providing clearer rules for the digital asset industry.
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