Real-Time Crypto Crime Network Launched By Major Firms

A collective of crypto and traditional finance firms, law enforcement and security researchers has formed a new “crypto crime response network” — known as the Beacon Network — to identify and freeze illicit funds on the blockchain.  TRM Labs on Wednesday said the “Beacon Network” creates “an unprecedented level of industry collaboration to block off-ramps…

ETH Futures Neutral As Onchain Data Points To Price Rebound

Key takeaways: Ether’s futures premium and derivatives remain stable, reflecting resilience despite the recent price downturn. Onchain metrics highlight Ethereum’s dominance in fees and TVL, supporting stronger long-term recovery potential. Ether (ETH) appears to have found support near $4,070 on Wednesday after a sharp six-day, 15.1% drop. The move erased $817 million in bullish leveraged…

Fed Governor Waller Tells Peers, Bankers Not To Be Scared Of DeFi

US Federal Reserve Governor Christopher Waller told his peers and the private banking sector that there’s “nothing to be afraid of” about crypto payments despite it operating outside the traditional banking system. “There is nothing scary about this just because it occurs in the decentralized finance or DeFi world — this is simply new technology…

Bitcoin Demand Cools While “Crypto Capital is Getting More Selective,” OKX’s Gracie Lin Warns

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin steadied in Asia Thursday at $114,610 (+1.4%), clawing back some…

Judge Unfreezes $57.6 Million in Stablecoins

A US judge has unfrozen $57.6 million in USDC (USDC) stablecoins tied to the Libra token scandal in February, giving memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow access to the funds. US judge Jennifer L. Rochon froze the funds in May as part of a hearing in a…

ETH Futures Neutral As Onchain Data Points To Price Rebound

Key takeaways: Ether’s futures premium and derivatives remain stable, reflecting resilience despite the recent price downturn. Onchain metrics highlight Ethereum’s dominance in fees and TVL, supporting stronger long-term recovery potential. Ether (ETH) appears to have found support near $4,070 on Wednesday after a sharp six-day, 15.1% drop. The move erased $817 million in bullish leveraged…

What Happened In Crypto Today

Today in crypto, US Senator Cynthia Lummis said the digital asset market structure bill is on track to arrive on President Trump’s desk by the end of the year, China’s cabinet will reportedly review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, and Santiment says Bitcoin’s dip below $113,000 saw retail traders flip…

Kraken, Backed Expand Tokenized Stocks Product to Tron

On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, is taking hold. According to the announcement, Backed will deploy the stocks as TRC-20 tokens. Previously, Kraken and Backed launched…

Bitcoin And Altcoins Bounce Off Daily Lows As Bulls Buy Dips

Key points: Bitcoin’s drop has resulted in net outflows from BTC ETFs on Tuesday, but buyers are likely to step in and arrest the decline near $110,530. Ether bulls are trying to flip the $4,094 level into support, indicating a positive sentiment. Bitcoin (BTC) is attempting to bounce off the immediate support near $112,000, but…

Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair

Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination….