Author: admin

In brief The joint committee called crypto donations an “unnecessary and unacceptably high risk” and wants a binding moratorium written into the Representation of the People Bill. The report demands a new national Political Finance Enforcement Unit inside the National Crime Agency and tighter rules on overseas donors. An expert told Decrypt that KYC-based bans would create “a massive honeypot” for adversaries by forcing parties to centralize donor data. A UK parliamentary committee has urged an immediate ban on crypto donations to political parties, but at least one industry expert warns the move could backfire, creating new cybersecurity risks even…

XRP (XRP) is trading just above a level heavily targeted by derivative traders, making it a critical zone for near-term price action.The payments-focused cryptocurrency changed hands at around $1.50 at press time, placing just above a notable concentration of options activity at $1.40 on crypto exchange Deribit. XRP is used by Ripple to facilitate cross-border transactions. Options are derivatives contracts whose value is derived from an underlying asset, in this case XRP. They give traders the right, but not the obligation, to buy or sell XRP at a specific price (known as the strike) before a set expiry date. Call…

Centralized crypto exchanges recorded a spike in Bitcoin hourly inflows on Monday as the crypto market rallied, with one analyst warning it could signal selling pressure. Hourly Bitcoin flows into exchanges spiked to 6,100 BTC on March 16, the highest since Feb. 20, reported head of research at CryptoQuant, Julio Moreno, on Tuesday. He added that the share of large inflows reached 63% of total inflows, which is the highest since mid-October 2025. It comes as Bitcoin has rallied around 12% so far this month, hitting a six-week high of around $76,000 on March 17.Traders often send Bitcoin (BTC) to exchanges in preparation…

The number of whale wallets holding more than one million of US President Donald Trump’s memecoin has surged to a five-month high after announcing a luncheon at his Florida home for top holders last week. There are now 83 wallets holding more than 1 million TRUMP (TRUMP) (equating to $3.7 million), making it the highest showing for the memecoin since Oct. 8 last year, Santiment said in an X post on Monday. The luncheon with Trump is set for April 25 at his Mar-a-Lago residence in Florida, according to the Trump team. The top 297 token holders are invited, with the…

The US Securities and Exchange Commission has cleared up longstanding ambiguity about how crypto assets should be treated.  The SEC issued an interpretation on Tuesday clarifying how federal securities laws apply to certain crypto assets and transactions involving cryptocurrencies. This is a “major step in the Commission’s efforts to provide greater clarity regarding the treatment of crypto assets,” it stated. The guidance also “complements Congressional endeavors to codify a comprehensive market structure framework into statute.” The Commodity Futures Trading Commission (CFTC) also joined the interpretation, confirming that it will apply the Commodity Exchange Act to crypto assets. SEC: Cryptos Are…

Within minutes of the first U.S.-Israeli missiles striking Tehran on Saturday morning, a different kind of exodus was already underway.  Crypto outflows from Nobitex, Iran’s largest cryptocurrency exchange, surged 700%, according to blockchain analytics firm Elliptic. The spike was capital flight, executed in real time, by Iranians racing to move money out of a country suddenly under full-scale military bombardment. Nobitex processed $7.2 billion in crypto transactions in 2025 and serves more than 11 million users, Elliptic said. It allows Iranians to convert rials into crypto and withdraw to external wallets which is a direct pipeline around the country’s crippled…

In brief Circle shares rose another 15% Monday, extending gains to roughly 60% since last week’s Q4 earnings. Analysts point to short covering, accelerating USDC growth, and regulatory clarity under the GENIUS Act. The rally comes as Bitcoin steadies near $68,000 amid the rising U.S.–Iran tensions. Stablecoin issuer Circle’s shares jumped another 15% Monday, extending gains to roughly 60% since last week’s fourth-quarter earnings release, as investors poured into stablecoin-linked equities while broader crypto markets held firm.The move follows the company’s announcement of 72% growth in its stablecoin USDC to $75.3 billion and 77% revenue growth to $770 million, despite…

Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs pulled in $458 million, according to data curated by SoSoValue, marking one of the quarter’s strongest inflow days despite the ongoing conflict with Iran.The inflows suggest institutional investors are treating bitcoin’s recent volatility stemming from the war as contained rather than systemic.Singapore-based trading firm QCP Capital said in a recent note that the roughly $300 million in long liquidations triggered by the weekend headlines were “notable but contained,” arguing that positioning had already been materially lightened in recent weeks.Options markets told a similar story, QCP wrote, with one-day implied volatility…

Shares in Core Scientific moved lower on Monday after the Bitcoin miner and artificial intelligence compute provider’s fourth-quarter earnings missed analyst expectations amid a late-year drop in crypto markets.Core Scientific reported Q4 revenues of $79.8 million, down 16% from the year-ago quarter and missing Wall Street expectations of $90.4 million. Its crypto mining revenue fell by nearly half compared to Q4 2024, to $42.2 million.The company posted a net income of $216 million for the quarter, largely boosted by a fair value gain of $330.3 million in its non-cash holdings. Its adjusted EBITDA showed a loss of $42.7 million. Shares…

The effective closure of the Strait of Hormuz following US-Israeli strikes on Iran has triggered an unprecedented energy supply crisis, with Asian economies bearing the heaviest burden as tanker traffic through the world’s most critical oil chokepoint grinds to a halt.Japan and South Korea face the greatest risk, with both nations being overwhelmingly dependent on fossil fuel imports that transit the Strait.Tanker Traffic at a StandstillThe cost of hiring a supertanker to ship oil from the Middle East to China surged to an all-time high of over $423,000 per day on Monday, doubling from Friday’s levels, according to LSEG data.…