Can Bitcoin Seal its Best Weekly Close in Over Three Months?

Bitcoin (BTC) eyed $79,000 into Sunday’s weekly close as crypto markets continued to be guided by the US-Iran war. Key points: Bitcoin circles a key weekly level into the weekly close, with the highest close in several months on the table. Analysis sees the mid-$80,000 zone and higher coming back into play. Liquidity grabs form…

Crypto, AI Super PACs Flood Midterms As Poll Finds Most Americans Distrust Both Industries

Crypto and AI industry groups are pumping tens of millions of dollars into the 2026 midterm elections, but a new poll shows most Americans don’t trust either industry. 45% of Americans say investing in cryptocurrency is not worth the risk and 44% say AI is developing too fast, according to an April survey by Public…

Iran Crypto Exchange Nobitex Tied to Kharrazi Family, Reuters Finds

Nobitex, Iran’s biggest crypto exchange, was founded by two brothers from one of the Islamic Republic’s most influential families with ties to the supreme leaders, according to a Reuters investigation. The exchange, which now accounts for the majority share of Iran’s crypto activity, was launched by Ali and Mohammad Kharrazi. The duo operated under the…

Bitcoin Posts Strongest Monthly Gain In 12 months In April

Bitcoin has posted its best-performing month in a year, prompting analysts to forecast what could lie ahead for May, which has historically delivered returns of about 8%. “Long way to go back to ATHs, but good to see some green,” Coin Bureau founder Nic Puckrin said in an X post on Friday, referring to Bitcoin’s…

Figure’s $1 billion month signals breakout moment for tokenized credit

Mike Cagney has been here before, just not with blockchain. In the early 2010s, he helped reshape consumer lending with SoFi by connecting borrowers directly with capital. Now, at Figure Technology Solutions (FIGR), he said he’s trying to do something similar on a much larger scale: rebuild the infrastructure of credit markets themselves. The plan…

NY Forces Uphold to Pay $5M Over Fraudulent Crypto Product

New York Attorney General Letitia James has secured more than $5 million from cryptocurrency platform Uphold over its role in promoting a fraudulent investment product. The settlement centers around Uphold’s promotion of CredEarn, a product offered by Cred, LLC and its CEO Daniel Schatt. Between January 2019 and October 2020, the platform marketed CredEarn to…

Crypto Industry Will Be ‘Just Fine’ If CLARITY Act Doesn’t Pass: Chris Perkins

The US crypto industry’s momentum won’t be derailed in the long term even if the much-anticipated CLARITY Act, aimed at bringing more regulatory clarity to the crypto industry, doesn’t make it through Congress, according to 250 Digital Asset Management CEO Chris Perkins. “If not, we’re going to be just fine,” Perkins said on Cointelegraph’s Chain…

Sen. Tillis Won’t Back Crypto Bill Without Ethics Provision

Republican US Senator Thom Tillis said he won’t support the Senate’s crypto market structure bill unless it includes ethics provisions limiting how White House officials can use crypto. “There has to be ethics language in the bill before it leaves the Senate, or I’ll go from one of the people working on negotiating it to…

Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in the bill. The text bars crypto firms from paying interest…

Bitcoin Preserves 12% April Gains But the S&P 500 Steals the Show

Bitcoin (BTC) eyed $77,500 on Friday after US stocks posted fresh record highs on strong tech earnings. Key points: Bitcoin continues a rebound after the monthly close as stocks hit record highs. Strong tech earnings propel the S&P 500 over 7,200 points for the first time in history. PCE inflation data nears its highest levels…