Crypto

Tom Emmer, the House majority whip, is also advocating for his Anti-CBDC Surveillance State Act, which has passed the House but has yet to pass the Senate. A pair of Republican lawmakers is calling for a permanent ban on a US central bank digital currency (CBDC) to be enshrined in the 21st Century ROAD to Housing Act, as the measure is expected to come up for a vote in the US House this week.  The bill released by the US Senate Committee on Banking, Housing and Urban Affairs in March mainly concerns revisions to federal housing programs but also includes a section banning the Federal Reserve System or any Federal Reserve bank from issuing a CBDC or similar instrument until Dec. 31, 2030. The US House has created its own amended bill, which Congressman Mike Flood said reverses the “backdoor green light for a CBDC” and aims to make the ban permanent. Read more

Ethereum Foundation researchers Julian Ma and Carl Beek have resigned, bringing the total number of major departures from the nonprofit to at least eight in 2026. The Ethereum Foundation saw the resignations of two top researchers on Monday, bringing the total number of high-profile departures at the organization to at least eight in recent months. Julian Ma and Carl Beek, both researchers at the Ethereum Foundation, ended their respective four and seven-year tenures at the organization. Ma contributed to Ethereum’s censorship-resistant properties and cross-layer bridge algorithms and strategy, while Beek contributed to the early design of the Beacon Chain, which introduced proof-of-stake to the blockchain. Read more

The Bitcoin miner said the investment will support development of its River Bend AI data center campus as the company expands its long-term AI infrastructure business. Bitcoin miner Hut 8 committed $16 million to expand water capacity in West Feliciana Parish, Louisiana, as part of development plans for its River Bend AI data center campus. According to a Tuesday announcement, the investment includes a new water well, about eight miles of water main and other system upgrades. Hut 8 said the assets will be transferred to the parish after completion, which is expected in the second half of 2026, at no cost to taxpayers. Hut 8 said Phase 1 of the River Bend campus represents a multibillion-dollar capital investment and is expected to support about 1,000 construction workers at peak build-out and at least 75 permanent jobs once operational. Read more

The platform combines crypto custody, trading, settlement, staking and stablecoin infrastructure services for banks and financial institutions. Crypto custody company BitGo launched a modular digital asset infrastructure platform for banks combining custody, trading, settlement, staking and stablecoin services for financial institutions exploring crypto products and onchain payments. The company said banks can integrate services individually while maintaining control over compliance, governance and client-facing operations. BitGo said the platform is already being used by institutions including Erebor Bank, Banco de Crédito del Perú, TowerBank and InvestiFi. BitGo said the system also includes “crypto-as-a-service” tools that allow banks to offer custody, wallet and trading services under their own branding. The company said institutions can adopt products in stages based on operational and regulatory requirements. Read more

Will the token finally break out of its prolonged consolidation phase?

Bitcoin has fallen about 6% from $82,000 to $76,800, and underlying data point to the drop being more than a routine pullback.

Echo Protocol halted cross-chain transactions while investigators examined the massive exploit.

The US Securities and Exchange Commission is ready to roll out a plan to enable the trading of crypto versions of securities.

The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.

Among those who used crypto for payments, over 25% said they did so because the business preferred crypto, citing speed, privacy and lower cost advantages. About one-tenth of US adults said they used or invested in crypto in 2025, the highest level in three years, according to a Federal Reserve report on the economic well-being of households.  Roughly 10% used crypto for any reason, up from 2023 and 2024, according to the Fed report published on Wednesday. Despite the rise, 2025’s figures still fell short of crypto adoption seen in 2021, when 12% of Americans reported having used crypto for any reason.   Read more

The hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC. Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain. Blockchain security firm PeckShield and analytics platform Lookonchain both reported the incident on Tuesday, noting that a hacker minted 1,000 synthetic Bitcoin (eBTC) worth around $76.7 million. “We are currently investigating a security incident impacting the Echo bridge on Monad.  All cross-chain transactions remain suspended while the investigation is underway,” Echo Protocol said on Tuesday.   Read more

Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether's total supply before the end of the year. Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile. Ether (ETH) has traded between $2,081 and $2,341 over the past seven days. It was trading at $2,128 as of Tuesday and was down 8.7% over the same period. “Over the past week, we acquired 71,672 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the alchemy of 5% sometime in 2026,” Lee said on Monday. Read more

Goldman simultaneously increased exposure to crypto infrastructure firms like Circle, Coinbase, and Galaxy Digital.

Several SEC officials reportedly didn’t support the decision, while tokenization platform Securitize flagged risks with enabling third-party platforms to issue tokenized stocks. The US Securities and Exchange Commission is reportedly making an “innovation exemption” for blockchain-based tokenized trading of public companies, even those that don’t consent to the third-party tokens tracking their share prices. Bloomberg reported on Monday that the exemption could come as early as this week, expanding the trading of public companies beyond traditional stock exchanges to decentralized crypto platforms.  The SEC reportedly spoke with “hundreds of market participants” for feedback on how best to tailor the rules for tokenized trading and proposed that third-party tokens carry the same benefits as common stock, such as voting rights and dividends, or risk being delisted. Read more

Bitcoin retail inflows to Binance remained at record lows as aggressive BTC futures selling and weakening spot demand pressured BTC below $77,000. Bitcoin (BTC) retail investor activity on Binance has fallen to its lowest level in history. Retail BTC inflows on Binance now average near 314 BTC per month in 2026, down sharply from the 1,200 BTC range recorded in March 2024. Bitcoin’s recovery in May also slowed as spot inflows on Binance weakened, with the 30-day net demand growth falling 73% over the past three weeks. CryptoQuant analyst Darkfost said retail Bitcoin inflows to Binance remained near its historic lows. The metric tracks BTC deposits from wallets holding less than 1 BTC, a common signal for retail investor activity. Read more

Many experts voiced concerns that the confirmation of Kevin Warsh as Federal Reserve chair would lead to uncertainty about the central bank’s independence, particularly in setting interest rates. Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about whether he'll do what US President Donald Trump hopes he does: Lower interest rates once in office. On Wednesday, the US Senate voted largely along party lines to confirm Warsh as the next Fed chair, succeeding Jerome Powell. While Trump nominated both Fed governors in different terms, the president repeatedly threatened to fire Powell in recent months, saying that the Fed chair “should be lowering interest rates.” Source: Kalshi Read more

The NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets. Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State Department of Financial Services (NYDFS), allowing it to expand regulated digital asset services to institutional clients in the state. The company said Monday that the approvals were granted to its subsidiary, GalaxyOne Prime NY, which provides trading and financing services to institutional investors. The licenses extend Galaxy’s regulatory reach into New York, one of the most tightly regulated jurisdictions for cryptocurrency businesses in the United States. Read more

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.

Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH.

Bitcoin positions itself for a rally above $80,000 after Strategy's $2 billion BTC buy, crumbling investor confidence in the US Treasury and a potential US-Iran deal. Key takeaways: Bitcoin (BTC) faced a rejection following a failed attempt to break above $82,000 on Thursday. A subsequent retest of the $76,000 level on Monday triggered $400 million in liquidations for bullish Bitcoin positions over a four-day period. While traders’ confidence took a hit from the 7% price decline, the prospects for recovering the $80,000 mark remain valid. Read more