Author: Kryptonews

Crypto industry executives have urged the US Securities and Exchange Commission to shift its thinking on blockchain privacy tools, pitching that there are legitimate applications for them outside of criminal use.The SEC hosted crypto and finance executives for a discussion and panel on financial surveillance and privacy on Monday, the agency’s sixth crypto-focused roundtable this year, as it seeks to overhaul its approach to crypto.StarkWare general counsel Katherine Kirkpatrick Bos, who participated in a panel discussion, told Cointelegraph after the event that a major takeaway was that there shouldn’t be an assumption that those using and creating privacy tools are…

Dogecoin lost a critical technical level after a sharp, high-volume selloff, signaling a change in short-term market structure and forcing traders to reassess near-term risk.News backgroundDogecoin declined 5.5% over the past 24 hours, falling from $0.1367 to $0.1291 as selling pressure intensified across the broader crypto market. The move came amid weaker risk sentiment and declining participation in higher-beta assets, with meme tokens absorbing outsized downside relative to majors.While no single catalyst drove the selloff, the move coincided with continued rotation out of speculative exposures and thinner liquidity conditions. DOGE remains range-bound on a higher timeframe, but the latest drop…

Key Takeaways Gemini has launched a predictions market platform available in all 50 US states with no trading fees for a limited time. The Commodity Futures Trading Commission approved Gemini’s entry into prediction markets, signaling increased regulatory support for crypto-related derivatives. Share this article Gemini has officially rolled out its predictions market platform, joining a growing list of companies offering forecasting tools for users to speculate on the outcome of real-world events ranging from elections to market movements. Introducing Gemini Predictions, now live across all 50 US states 🇺🇲 Users can trade on outcomes of real world events with near…

Amid a steep rise in health-insurance premiums and persistent concerns over affordability, President Donald Trump has clarified the top priority of his domestic policy chief: the construction of a triumphal arch in Washington, D.C. While speaking at a White House holiday party, Trump praised Vince Haley—his former speechwriter and a longtime Newt Gingrich aide who now runs the Domestic Policy Council—for his “unbelievable” policy chops, according to a report in the Guardian. Trump then revealed that Haley’s “primary thing” will be overseeing the design and construction of a monument modeled on the Arc de Triomphe in Paris. The structure, he…

The US Senate Banking Committee has postponed markup hearings on crypto market structure legislation until 2026, despite earlier hopes for a hearing this week. In a statement on Monday, a spokesperson for Senate Banking Committee chair Tim Scott confirmed that the committee will not hold a market structure markup this year.“Chairman Scott and the Senate Banking Committee have made strong progress with Democratic counterparts on bipartisan digital asset market structure legislation,” the spokesperson said.They added that Chairman Scott had been clear that the effort should be bipartisan. “He has consistently and patiently engaged in good-faith discussions to produce a strong bipartisan product…

Key Takeaways:Bitcoin’s global hashrate dropped an estimated 8%, with roughly 400,000 miners shutting down in Xinjiang.The decline follows widespread mining farm closures in the region, according to Nano Labs founder Jack Kong.Analysts expect difficult adjustments to stabilize the network, while global mining power continues shifting away from China.Bitcoin’s network just experienced one of its sharpest short-term drops of the year. A significant segment of China’s underground mining capacity appears to have gone dark almost simultaneously, removing a large block of computing power from the global pool. Industry observers are now assessing what this disruption means for network stability, miner profitability…

BitMine Immersion Technologies Inc. has strengthened its position in the digital asset space, purchasing over 102,000 Ethereum, as co-founder Tom Lee argues that the company’s long-term strategy remains solid despite market volatility. Summary The purchase brings BitMine’s Ethereum holdings to approximately 3.97 million ETH, valued at $12.2 billion, placing the company on track to meet its goal of acquiring 5% of the Ethereum network’s total supply. Lee, also the chair of BitMine, expressed confidence in the digital asset market, citing upcoming regulatory developments and his belief in the long-term potential of AI and blockchain technologies. As the company expands its…

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.With just two weeks left in the year and many desks in Hong Kong operating with a skeleton staff after Friday’s Asia session as the Christmas holidays begin, crypto markets are shifting from momentum to scorekeeping. One of the starkest year-end verdicts is coming from Polymarket, where traders now assign only a 2% chance that bitcoin ETFs will beat…

President Donald Trump’s leading candidate to succeed Federal Reserve Chair Jerome Powell, White House economic adviser Kevin Hassett, is facing mounting resistance from top advisers, lawmakers, and markets just weeks before Trump is expected to announce his choice for the central bank’s next leader. According to a report, individuals close to Trump have privately expressed concerns about Hassett’s candidacy, arguing his deep alignment with the president could undermine perceptions of the Fed’s independence and unsettle financial markets. . Some advisers reportedly fear that nominating a loyalist could further politicize the central bank. Surprisingly, this connection had earlier made Hassett a…

What if entering a project at just $0.0004023 could lead to major upside? That idea is driving strong interest in the Milk Mocha ($HUGS) presale. This is more than a simple launch. It is a structured setup that has many discussing possible 2000x outcomes. Many people searching for the best crypto to invest in are now watching this project closely. Presale activity remains strong, showing belief in its early-stage potential. Supporters see a clear route where a small entry could expand over time, similar to early phases of well-known tokens. The interest comes from structure and planning, not blind excitement.…