Category: Crypto News
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BTC Falls Under $60,000 As Traders Predict A Relief Bounce
Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. A relief bounce should enter soon, they say, with targets closer to $70,000. US-Iran peace progress has little bullish…
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DeFi TVL Down by $45B in 2026 Despite More Resilient Market Structure
Total value locked (TVL) in decentralized finance (DeFi) has fallen by about 39% in 2026 so far, declining to just over $70 billion from roughly $115 billion in January. A Wednesday report from crypto data aggregator CryptoRank attributed the decline to the broader market correction that followed the October 2025 crypto market peak. After Bitcoin…
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Ripple Secures Preliminary MiCA Approval Ahead of EU Deadline
Luxembourg’s financial regulator granted Ripple preliminary approval for a crypto asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said Tuesday. Ripple said in a statement that the approval, once finalized, would allow it to offer regulated crypto services to banks, fintechs and other businesses across all 30…
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XRP Escrow Supply: Hard Money Debate Explained
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team…
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ETHLabs Emerges as Former EF Researchers Start New Venture
TLDR ETHLabs launched as a new Ethereum-focused nonprofit led by five former Ethereum Foundation researchers. BitMine, SharpLink, and Ethereum co-founder Joseph Lubin joined the initiative as anchor funders. ETHLabs aims to support Ethereum’s growth as a global financial settlement layer. The organization plans to connect application developers with Ethereum’s core protocol teams. More than 50…
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She Won $71.5 Million, Then a Rule Change Froze Her Lottery Payout
Key Takeaways Jackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout. Texas Rangers probe may reshape courier-app rules affecting DraftKings and lottery sales. Jane Doe sued on May 19, 2025; courts could decide if retroactive bans can stand. An 83-year-old Texas retiree hit the Lotto Texas jackpot on 2/17/2025, only…
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Law Enforcement, Catholics Warn Against CLARITY Act
A group of law enforcement organizations and a coalition of Catholic organizations have become the latest two groups urging caution over the US CLARITY Act, which is heading for a key hearing in July. In letters sent Tuesday, four law enforcement organizations reached out to White House officials with concerns that the CLARITY Act could…
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THORChain Resumes Trading More Than a Month After $10M Exploit
THORChain has resumed activity after over a month of security verifications and upgrades, following a $10.7 million exploit that prompted a trading halt on May 15. In a Tuesday X post, THORChain said it restored its network, including trading, signing, swaps and liquidity provider actions. On Sunday, the protocol said it had confirmed the safety…
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Securitize And tZERO Patent Fight Brings Tokenized Securitie
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR PACER Monitor lists Securitize, Inc. v. tZERO Group, Inc. et al as Case No. 1:26-cv-00712 in Delaware District Court. The dispute centers on tokenized securities infrastructure and patent claims. The case matters because tokenization is becoming a major…
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Ethlabs Launches to Scale Ethereum for Institutions
Former Ethereum Foundation contributors and Ether treasury firms Bitmine and Sharplink have backed a new research and development nonprofit that aims to make Ethereum ready for institutional use. Sharplink said on Monday that the organization, Ethlabs, was formed to “ready Ethereum for the next phase of institutional adoption,” with the company pitching in with Bitmine,…
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