Crypto

Analysts say new US stablecoin rules may hit yield distribution, not issuers, as USDC growth in payments and trading continues to accelerate. Circle’s shares sell-off on Tuesday may have been overdone as investors failed to see that the stablecoin issuer’s core business model remains unaffected by the proposed CLARITY Act, analysts at Bernstein said on Wednesday. In a note to clients, Bernstein analysts Gautam Chhugani, Mahika Sapra, Sanskar Chindalia and Harsh Misra said markets are conflating “who earns yield” with “who distributes yield.” “Circle earns. Coinbase distributes,” the analysts wrote, noting that the draft legislation primarily targets the distribution of yield to users — not the underlying reserve income earned by issuers like Circle. Read more

Ethereum 'Strawmap': 7 Hard Forks for Quantum Security by 2029 The post Ethereum Unveils 2029 ‘Strawmap’: 7 Hard Forks to Beat Quantum Threats appeared first on Cryptonews.

This shift could fundamentally reshape internet business models, Solana Foundation's Vibhu Norby believes.

The stablecoin incubator is targeting tokenized assets tied to AI hardware, energy and housing to move Sky’s ecosystem beyond "circular" crypto yields.

Bitcoin price remains stuck below $72,000, as investor distribution, low whale activity, and declining network growth cast doubt on BTC's short term prospects. Bitcoin (BTC) price struggled to break above $72,000, as several key onchain metrics highlighted weakening demand for BTC, casting doubts on its upside potential. Key takeaways: Bitcoin investors shift to distribution as whales and smaller cohorts aggressively sell under weak market conditions. Read more

Why Argentina is blocking Polymarket despite global growth, focusing on gambling laws, user protection concerns and regulatory pressure on prediction markets. Argentina’s nationwide ban on Polymarket shows that rapid global growth does not shield platforms from local regulation, especially when their core activity resembles unlicensed gambling. Authorities applied an “economic reality” approach, focusing on user behavior rather than the technology, and concluded that staking money on uncertain outcomes aligns with traditional definitions of gambling. Weak identity and age verification measures were a major concern, with regulators highlighting the risks of underage participation and inadequate user safeguards as justification for enforcement. Read more

Even with the ongoing progress, SHIB's price remains under pressure. What's behind the downturn?

Cardano is attempting to turn the imminent mainnet launch of the Midnight network, a privacy-focused sidechain, into a repair job as market data signals extreme negative sentiment toward its native ADA token. Data from Santiment shows that the average wallet active on the Cardano network over the past year has earned a negative 43% return […] The post Cardano ADA shorts spike to highest since June 2023 as 71% crash meets Midnight launch this week risk appeared first on CryptoSlate.

Fundstrat co-founder Tom Lee said BitMine’s Ethereum staking platform, MAVAN, was set to become the world’s largest following its debut.

Plus: Solana developer platform, Balancer Labs to shut down and Bitcoin mining concentration triggers small reorg.

South Korea Rethinks Crypto Tax After $110B in Outflows The post Regulatory Backlash: $110B in Outflows Forces South Korea to Rethink Crypto Tax appeared first on Cryptonews.

The guidelines ban profit-sharing and guaranteed return arrangements, aiming to prevent conflicts of interest and manipulative trading.

The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power toward Circle and away from Coinbase.

The effort to protect Ethereum from quantum computing threats has been underway for eight years and is now producing working code.

The move expands access to U.S. markets as tokenized securities gain traction among digital investors.

Prime Minister Keir Starmer announced an immediate freeze on crypto donations to political parties, following the independent Rycroft review.

Decentralized crowdfunding supports NFT artists through market crashes. Onchain purchases deliver direct capital and visibility when centralized platforms fail. Opinion by: Joshua Kim, CEO and founder of DonaFi. Traditional crowdfunding has always been pitched as a lifeline for creators. For non-fungible token (NFT) artists, most centralized models feel out of sync with reality. Fees are high, visibility is inconsistent and platforms increasingly optimize for momentum rather than need. During a market downturn, when liquidity dries up dramatically, the deck is stacked even higher against artists. Decentralized crowdfunding ensures a more direct, transparent capital flow onchain from collectors who care about art, as opposed to quick flips. The recent effort led by longtime collector Batsoupyum and curator Lanett Bennett Grant makes the case very well. Read more

Cipher Digital revealed a 15-year lease deal and a $200 million revolving credit facility, continuing its shift away from Bitcoin mining.

The Vienna-based crypto broker announced its Ethereum layer-2, aimed at helping European banks and fintechs issue tokenized assets under MiCA and MiFID II. Bitpanda said Wednesday it is building Vision Chain, an Ethereum layer-2 that the Vienna-based broker said is aimed at helping European banks and fintechs issue and manage tokenized assets using infrastructure designed for compatibility with the European Union’s Markets in Crypto Assets Regulation (MiCA) and the Markets in Financial Instruments Directive (MiFID) II. Bitpanda is pitching Vision Chain as a layer-2 for tokenized assets, combining Optimism’s OP Stack with institutional custody and compliance tooling so that regulated companies in Europe can tokenize and trade traditional assets such as stocks, bonds and funds on an Ethereum-based rollup.  Bitpanda argued that this positioning, along with its existing bank partnerships in Germany and Austria, will make it easier for traditional institutions to go onchain than building their own infrastructure f...

BitMine is the world's largest ETH holder, with over 100,000 staked tokens.