Crypto

KuCoin has agreed to settle with the US CFTC and pay a $500,000 civil penalty.

Borrowing cheaply in yen and deploying those funds into higher-risk assets abroad is becoming less attractive as Japanese yields rise.

While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate. Two US Republican senators have introduced the “Mined in America Act” in an attempt to bring more Bitcoin mining manufacturing back to the US and codify US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. Introduced by US Senators Bill Cassidy and Cynthia Lummis on Monday, the new bill seeks to create a voluntary “Mined in America” certification for crypto mining facilities and mining pools. Certified facilities would be required to phase out mining equipment manufactured by companies tied to “foreign adversaries,” and support the domestic manufacturing of mining hardware.  “Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said in a statement on Monday. Read more

A notable bid-ask imbalance for Bitcoin exists near $66,000, possibly raising the chance for a relief rally to $71,000. Bitcoin (BTC) data flashed a rare bid-side imbalance when it traded below $65,000 on Sunday. The bid-ask ratio showed strong buying pressure across multiple depth levels, which may have confirmed a short-term bottom for BTC price.  With more than $1.6 billion in short leveraged positions at risk of liquidation near $71,000, the setup centers on the possibility of a relief rally if BTC can hold above $66,700 on the daily chart.  Data from Hyblock captured a sharp bid-side skew near $65,000 on Sunday. The imbalance ranked in the 99th percentile across the 1%, 2%, 5% and 10% orderbook depth, marking one of the strongest buying responses in recent weeks.  Read more

Polymarket pundits are giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026, while veteran trader Peter Brandt said he doesn't expect a new high until Q2 2027. It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this is all guesswork.” Pundits on the crypto prediction platform Polymarket are similarly pessimistic, giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026. Read more

Senator Richard Blumenthal wants the agency to answer whether it softened enforcement against allies of President Donald Trump.

The Labor Department on Monday proposed a rule following an executive order from President Donald Trump that directed regulators to expand access to digital assets in retirement portfolios.

Bitcoin and altcoins sold off as the Monday US market open reflected traders’ fear over oil prices, US employment data and the future of the ​​US and Israel-Iran war. Key points: Bitcoin’s recovery is expected to face selling near $69,000, but if the bulls prevail, a rally to $74,508 is possible. Most major altcoins remain below their resistance levels, indicating that the bears continue to exert pressure. Read more

Members of the House and Senate asked the CFTC and federal ethics office to remind government employees it's illegal to make insider derivatives trades.

There are now more than 47 million tokens across major chains, spreading available liquidity thinner than at previous points in the cycle.

Microsoft's Copilot Researcher now puts GPT and Claude to work in sequence—and the combination just outscored every AI system around.

Ripple joins Singapore’s BLOOM cross-border trade finance sandbox scheme, Bhutan continues its massive Bitcoin sell off: Asia Express

Sens. Bill Cassidy and Cynthia Lummis introduced legislation to support Bitcoin miners, arguing that the industry needs government help.

CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person. The National Football League (NFL) has reportedly sent letters to Kalshi, Polymarket and other prediction market platforms in an effort to block the companies from offering trades on football events that can be easily manipulated or determined in advance.  According to a Monday ESPN report, the letters to the prediction market companies said that the NFL objected to certain types of event contracts offered on the platforms, including those that could be easily manipulated by a single person — such as an announcer’s words, player signings, coach firings and bets related to injuries on the field. League executive vice president Jeff Miller reportedly said the letter followed talks with the US Commodity Futures Trading Commission (CFTC).  “When a league raises manipulation concerns about a contract proposed to be listed on a prediction market...

A decade of building is paying off. Massive Institutional presence, deep focus on agentic commerce make the event in Miami one for the ages.

The Blockchain Leadership Fund is a new hybrid PAC launched to support pro-crypto candidates in the 2026 midterm elections.

A $53 million Bitcoin short position from a trader on Hyperliquid DEX could be a sign that pro traders expect BTC downside this week. Key takeaways: A Hyperliquid whale’s $53 million Bitcoin short and its bets against silver suggest a cautious outlook for global markets. Traders remain on edge as the US and Israel-Iran war and upcoming US jobs data drive risk-averse behavior this week. Read more

WTI crude oil closed above $100 per barrel for the first time since 2002.

Almost half of the Bitcoin supply is sitting at a loss, analysts said, as the top crypto asset remains about 47% off its all-time high.

Rolling out over the coming month, a Block executive said Bitcoin payments at point-of-sale will be automatically enabled and settled in US dollars by default. Square, the payments platform of Block, has begun rolling out Bitcoin payments at its point-of-sale terminals for eligible US sellers, with the automatic feature going live today as part of a phased rollout over the coming month. The announcement was shared Monday in a post on X by Miles Suter, Bitcoin product lead at Block, and reposted by CEO and longtime Bitcoiner Jack Dorsey. Suter said the feature is designed to make it easier for “millions of businesses” to accept Bitcoin, adding that eligible US sellers will have payments automatically enabled and will receive US dollars by default when customers pay in Bitcoin (BTC). Merchants will also have the option to automatically “stack” Bitcoin from daily sales. Read more