Despite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a mention during the campaign.“I think it’s a missed opportunity,” Independent Reserv

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday! Crypto is trading hotter than the desert heat of Dubai at TOKEN2049, with bitcoin back above $97,000 and green candles ligh

A wave of failures on a previously unimaginable scale has swept over the crypto market at the start of 2025, with a record 1.8 million tokens collapsing during the first quarter. That is almost 25% of all crypto tokens issued since 2021, says a repor

By Dow Jones Newswires StaffStock futures indicated a higher start for the open, with Dow Industrials up nearly 0.5%, S&P stock futures up 1.0% and Nasdaq futures gaining 1.4%, while most European markets were closed for labour day.Apple and Amazon r

0927 GMT - Bitcoin rises slightly following upbeat U.S. tech earnings and news that the Trump administration is inching closer toward trade deals. Microsoft and Meta reported stronger-than-expected first-quarter results. This suggests robust consumer

Big banks are going to regret going after crypto individuals and political individuals, according to Eric Trump, Executive VC at The Trump Organization and the son of U.S. President Donald Trump."Our system is broken. Modern finance is absolutely bro

Abu Dhabi-based investment firm MGX will use a stablecoin linked to US President Donald Trump’s family to settle a $2 billion investment in Binance, the world’s largest cryptocurrency exchange.The World Liberty Financial USD (USD1) US dollar-pegged s

By Kimberley KaoSam Altman's project that aims to scan the irises of every single person on Earth in exchange for cryptocurrency has made its debut in the U.S., even as concerns around biometric data collection and processing remain.The U.S. rollout

A stablecoin launched by Donald Trump's World Liberty Financial venture is being used by Abu Dhabi-backed investment firm MGX for its $2 billion investment in cryptocurrency exchange Binance, one of the project's founders said on Thursday.The announc

U.S. President Donald Trump’s media company, called Trump Media & Technology Group, is exploring yet another crypto-related venture, the company said in a letter to shareholders on Tuesday."As part of a rewards program, we're exploring the introducti

0924 GMT - Bitcoin rises slightly as optimism over the Trump administration softening its stance on tariffs improves investor appetite towards risky assets. The cryptocurrency is also supported by news that Arizona has passed a bill allowing the stat

Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions.The trade tensions are fracturing the monetary, political and in

A group of key crypto players are calling on the White House to stop prosecuting open-source software in light of Tornado Cash co-founder Roman Storm's imminent trial.In a letter led by the DeFi Education Fund to White House AI and Crypto Czar David

Bitcoin rises, supported by improved risk appetite on hopes for easing geopolitical tensions, Zaye Capital Markets analyst Naeem Aslam says in a note. "President Trump's disappointment with Russia and mention of potential deals with Ukraine hint at a

CME Group, a leading derivatives provider, has announced the launch of cash-settled XRP futures. This cryptocurrency-tied derivative product will be launched on May 19 after necessary regulatory approvals. It’s also worth noting that CME successfully

Top Stories of The WeekNew SEC chair will be good for Bitcoin Michael SaylorMichael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for new US Securities and Exchange Commission (SEC) Chair Paul At

A lot happened this week in crypto, marking developments expected to continue shaping the industry. Important headlines came from administrative decisions, ecosystem developments, and analysts probing the market outlook. In case you missed it, the fo

Recent months have seen the ebb and flow of a certain pattern: US President Donald Trump will take some objectively harmful action to the US economy, and the markets will crash. Seeing this, Trump turns to Jerome Powell, chair of the Federal Reserve,

Bitcoin this week reclaimed the $94,000 region, but the party may be lacking one key ingredient: real users. The cryptocurrency network is “like a ghost town” even with the record price increase, a crypto expert said.Bitcoin Surges In Price—Yet Netwo

By Frances YueBitcoin bulls have long been frustrated to see the crypto trade in a fashion similar to stocks and other assets perceived as risky, rather than as a store of value such as gold. Now, some think they see tentative signs of a shift.They'v