American Bitcoin Posts $57.2 Million Q2 Loss, Expands Holdings Past 8,000 BTC
The Trump-linked miner narrowed its quarterly deficit while delivering record production and growing its Bitcoin treasury amid lower prices
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Treasury Secretary Presses Senate for Immediate CLARITY Act Vote Ahead of August Recess
Scott Bessent demands action on the crypto market structure bill, defending key provisions amid ethics disputes and falling passage odds before lawmakers leave Washington
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Tech Giants Urge U.S. to Preserve Open-Weight AI Models Amid China Competition
Nvidia, Meta, Microsoft and more than 20 other firms warn against broad curbs on open models as policymakers weigh limits on Chinese systems
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White House Accuses Chinese AI Startup Moonshot of Stealing US Technology for Kimi K3 Model
The US government has alleged that Moonshot AI used covert distillation techniques on Anthropic’s Fable model to develop its latest offering, intensifying tensions in the global AI race
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Tether Leads $7 Million Investment in Pact Labs for USA₮ Payroll Push
Tether has invested in Pact Labs to integrate its USA₮ stablecoin into the $11 trillion US payroll sector, aiming for faster wage payments through blockchain infrastructure
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OpenAI GPT-5.6 Receives US Clearance for Broad Release
OpenAI plans to launch GPT-5.6 and its variants this Thursday following Department of Commerce approval after a security review
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Trump Memecoin Leaves Nearly One Million Buyers With Billions in Losses
Blockchain data shows President Trump received $636 million from the TRUMP token while roughly 989,000 wallets recorded combined losses of $3.81 billion after a 97% price drop
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Republicans Overtake Democrats in US Crypto Ownership for First Time
A Pew Research Center survey shows 22% of Republicans have engaged with crypto compared to 17% of Democrats, marking a clear shift in partisan adoption patterns
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160 Security Veterans Urge Senate to Pass CLARITY Act for Stronger Crypto Oversight
Over 160 former national security and law enforcement officials have joined the Blockchain Association in calling on the US Senate to advance the CLARITY Act, arguing the legislation provides critical tools to combat illicit finance while bringing digital asset markets under clear American rules and oversight
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CFTC Greenlights Crypto Perps: Coinbase Opens Global Derivatives to US Traders
The U.S. Commodity Futures Trading Commission has taken major steps to integrate perpetual futures and options into regulated markets, approving Kalshi's Bitcoin contracts while granting Coinbase a key position to offer global crypto derivatives domestically
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