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Tag: News

Bitcoin Perpetual Funding Rates Surge to 20-Month Highs Amid Market Rally

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Bitcoin perpetual contract funding rates across major exchanges have reached their highest levels in 20 months, signaling heavy bullish positioning among leveraged traders. The spike in funding rates reflects a strong demand for long positions, though it also elevates the historical risk of sudden long squeezes if market momentum stalls. Analysts are closely monitoring derivative metrics as open interest continues to climb alongside spot...

Breaking, Cryptocurrencies, News

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Treasury Proposes Rules on Stablecoin Issuance and Sales Under GENIUS Act

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U.S. Treasury issues NPRM implementing Section 3 of the GENIUS Act on payment stablecoin issuance and sales. Licensed issuers required starting January 18, 2027; platform restrictions begin July 18, 2028. Public comments due by October 19, 2026. Proposal aims to clarify definitions for regulatory certainty in the stablecoin market. The U.S. Department of the Treasury on August 17 issued a Notice of Proposed Rulemaking seeking public comment...

Crypto regulation, Cryptocurrencies, News, Regulation, Stablecoins

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Public Bitcoin Miners Shed 21% Hashrate as AI Colocation Revenue Surges

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Public miners’ realized hashrate fell 13.4% to 319 EH/s in Q2 2026 from 368.3 EH/s in Q4 2025, outpacing the network’s 10.6% decline. Excluding Bitdeer, the drop reached 21.2%; Core Scientific generated $136.7 million in colocation revenue versus roughly $27.5 million from mining. TeraWulf reported $31.9 million in HPC lease revenue, accounting for 71% of total, amid sector-wide AI contracts exceeding $70 billion. Publicly traded...

Cryptocurrencies, News

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Trump Expected at White House Meeting With Crypto and Prediction Market Executives

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President Donald Trump is expected to attend a Wednesday White House meeting with crypto and prediction market executives. The session is scheduled for 2:30 p.m. ET at the Eisenhower Executive Office Building. Invitees include leaders from Coinbase, Ripple, Gemini, Robinhood, Polymarket, Kalshi and others; CFTC Chair Michael Selig is also expected. The gathering serves as a kickoff for the CFTC Innovation Advisory Committee’s first...

Crypto regulation, Cryptocurrencies, News, Regulation

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BNB Chain Prepares to Activate Pasteur Hard Fork, Bringing New Technical Upgrades

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BNB Chain has announced the upcoming activation of the Pasteur hard fork across its network environments. The upgrade aims to introduce significant technical optimizations, enhancing overall network stability, performance, and developer capabilities. Developers and node operators are advised to update their software ahead of the scheduled hard fork activation timeline. BNB Chain is preparing to implement a major network upgrade known as the...

Breaking, Cryptocurrencies, News

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