CryptoCryptocurrency

House lawmakers have begun debating a package of cryptocurrency tax bills designed to simplify reporting requirements for digital asset users, investors, miners, stakers and brokers.

A Washington state man has been sentenced to five years in prison after admitting his role in laundering US$97.1 million in fraud proceeds through bank accounts and cryptocurrency exchanges linked to an international investment scam.

A key architect of the European Union’s Markets in Crypto-Assets Regulation (MiCA) has argued that policymakers should focus on tokenisation and real-world asset frameworks rather than introducing new rules for decentralised finance.

Solana Institute CEO Kristin Smith has urged the US Senate to preserve developer protections in the CLARITY Act, arguing that open-source developers and blockchain infrastructure providers should not be regulated as financial intermediaries.

Bitcoin fell below US$73,000 and about US$80 billion was erased from the cryptocurrency market after US airstrikes targeted Iranian military assets near the Strait of Hormuz on May 25 and 26, intensifying geopolitical tensions in one of the world’s most critical energy corridors.

The US House of Representatives has introduced a group of bills aimed at changing how cryptocurrency activity is taxed across mining, staking, donations, and reporting.

Nansen has added Hyperliquid perpetuals trading to its agentic trading platform as decentralised derivatives activity continues to grow across onchain markets.

Bank of America is advancing its global payments strategy with plans to enhance cross-border transaction services, highlighting the financial sector's growing focus on improving the speed and efficiency of international settlements.

Rumours of a massive Ethereum insider sell-off spread across social media this week after claims emerged that co-founder Vitalik Buterin had sold 110,000 ETH worth approximately $170 million in a matter of hours.

Dogecoin is trading near a critical support level that analysts believe could determine the direction of the cryptocurrency’s next major move, as on-chain data points to strong demand around current prices.

Echobit has entered a strategic partnership with X-Agent to integrate artificial intelligence agents into its cryptocurrency trading platform, aiming to automate trading workflows and simplify user interactions across digital asset markets.

Solana’s recent 17% decline appears to reflect more than a routine market correction, with on-chain data showing capital leaving the ecosystem, long-term holders reducing exposure and trading activity weakening simultaneously.