Crypto News

Another day in crypto, another reminder that this industry somehow manages to juggle quantum fears, phishing blunders, big‑bank deals, and state‑level Bitcoin reserve plans all at once. Let’s walk through what actually mattered as the sun sets on today’s market. South Korea delivered a cautionary tale in what not to do with digital assets. Prosecutors in Gwangju reportedly lost around $47 million in seized bitcoin (BTC) after private keys were exposed in what looks like a phishing attack. The incident has sparked an internal investigation and raised tough questions about whether traditional law enforcement is ready to be its own crypto custodian. If the people seizing coins cannot keep them safe, expect a louder push toward using professional, regulated custody for government-held digital assets. On the policy front, Washington tried to move the ball forward on crypto rules, but the ground is still pretty muddy. The Senate Agriculture Committee advanced a new crypto market stru...

Bitcoin is back in the driver’s seat, and this time it brought friends. After chopping sideways for days, Bitcoin (BTC) finally punched higher, blasting through its recent range and making a run toward the $94,000–$96,000 resistance zone. Strong inflows into U.S. spot Bitcoin ETFs, cooler inflation data, and a generally friendlier regulatory mood helped push BTC above $96,000 at one point, marking its strongest day in weeks and lifting total crypto market cap to roughly $3.2–$3.3 trillion. But this wasn’t just a Bitcoin-only show. As BTC gathered momentum, traders started rotating into the rest of the market. Privacy coins and older alt names suddenly looked very 2021 again: Dash (DASH) ripped more than 45% in a short squeeze that liquidated crowded shorts, and Monero saw renewed speculative interest as privacy plays outperformed. Zcash (ZEC) caught a quieter but important tailwind too, after the SEC closed a years-long probe into the Zcash Foundation without taking action, sen...

Bitcoin is back in the driver’s seat, and this time it brought friends. After chopping sideways for days, Bitcoin (BTC) finally punched higher, blasting through its recent range and making a run toward the $94,000–$96,000 resistance zone. Strong inflows into U.S. spot Bitcoin ETFs, cooler inflation data, and a generally friendlier regulatory mood helped push BTC above $96,000 at one point, marking its strongest day in weeks and lifting total crypto market cap to roughly $3.2–$3.3 trillion. But this wasn’t just a Bitcoin-only show. As BTC gathered momentum, traders started rotating into the rest of the market. Privacy coins and older alt names suddenly looked very 2021 again: Dash (DASH) ripped more than 45% in a short squeeze that liquidated crowded shorts, and Monero saw renewed speculative interest as privacy plays outperformed. Zcash (ZEC) caught a quieter but important tailwind too, after the SEC closed a years-long probe into the Zcash Foundation without taking action, sen...

Monero stole the spotlight today, and it didn’t do it quietly. The longtime privacy veteran (XMR) ripped through major resistance to set a fresh all-time high near $610, climbing more than 20% and muscling its way into the top 15 coins by market cap. Traders aren’t just cheering the price action; they’re dusting off some classic chart history. Veteran trader Peter Brandt compared Monero’s long-term chart to silver’s famous inverse head‑and‑shoulders breakout, the one that preceded a monster rally. That analogy, plus Monero’s decoupling from the broader market, has turned it into the unexpected “serious asset” of the day, not just another privacy token. The move also comes in the shadow of fresh regulatory pressure. The UAE recently banned privacy coins, and Zcash has largely faded, yet Monero has rallied right through the noise and re‑cemented its status as the category leader. It’s a reminder that every time regulators draw a line around privacy, a chunk of the crypto crowd runs str...

Crypto’s Sundown story today is all about power: who controls the money, who writes the rules, and who gets left holding the bag. Let’s start in Washington, where Coinbase is suddenly not feeling so cooperative. The exchange is threatening to withdraw its support for the CLARITY Act and related market structure bill if lawmakers move ahead with restrictions on DeFi and bans on stablecoin rewards programs. Translation: if Congress turns staking and yield into a bank-only game, Coinbase is ready to walk. Between CLARITY, rising enforcement, and political posturing, it’s increasingly clear that U.S. crypto policy is now being negotiated in public, and the big platforms are no longer pretending to be neutral. That battle over control is showing up in the stablecoin world too, and no one sits closer to the fire than Tether (USDT). In Venezuela, USDT has quietly become a backbone of the economy: it’s used in oil trade despite U.S. sanctions and on the street by citizens trying to outrun in...

If you stepped away from the screens today, you missed one of those quietly pivotal days in crypto – the kind where prices don’t necessarily explode, but the scaffolding of the future market gets rearranged. Let’s start with the drama. Zcash (ZEC) had what can only be described as a governance earthquake. The entire core team at Electric Coin Company, the original Zcash developer, resigned in one shot. They’re spinning up a new company and a cypherpunk-focused wallet called CashZ, after a long-simmering fight over nonprofit funding rules, worries about “privatizing” the project, and frustration with price volatility driven by whale accumulation. ZEC dumped about 20% on the headlines before recovering part of the move. The Zcash Foundation, for its part, rushed to reassure everyone that the chain is still decentralized, open source, and fully operational. Translation: the tech is fine, but the social layer is under real stress. It’s a reminder that in crypto, code may be law, but peop...

If you stepped away from the screens today, you missed one of those quietly pivotal days in crypto – the kind where prices don’t necessarily explode, but the scaffolding of the future market gets rearranged. Let’s start with the drama. Zcash (ZEC) had what can only be described as a governance earthquake. The entire core team at Electric Coin Company, the original Zcash developer, resigned in one shot. They’re spinning up a new company and a cypherpunk-focused wallet called CashZ, after a long-simmering fight over nonprofit funding rules, worries about “privatizing” the project, and frustration with price volatility driven by whale accumulation. ZEC dumped about 20% on the headlines before recovering part of the move. The Zcash Foundation, for its part, rushed to reassure everyone that the chain is still decentralized, open source, and fully operational. Translation: the tech is fine, but the social layer is under real stress. It’s a reminder that in crypto, code may be law, but peop...