Crypto News

DOJ Seeks 20-Year Sentence for Celsius Founder Alex Mashinsky

Prosecutors argue that Mashinsky's crimes sparked losses of $550 million, while he personally profited by more than $48 million.Source link

UK Government Releases Draft Crypto Rules

The U.K. government released its consultation papers on draft legislation for the crypto sector."This will see the creation of new regulated activities such as operating a cryptoasset trading exchange and stablecoin issuance, as well as market abuse and admissions and disclosures regimes," the Governments website said on Tuesday.The country launched a consultation on the crypto regime when the Conservatives were still in power in 2023, despite Labour coming into power last year, its former Economic Secretary Tulip Siddiq said that the Government intended to ensure that most of all the previous governments crypto plans will be fulfilled.Read more: UK Regulator Intends to Start Authorizing Crypto Firms in 2026Source link

Bitcoin ETFs Outstrip Gold as Investors Turn to ‘Better Hedge’ Against US Assets

The gap between Bitcoin ETF and gold ETF flows has reached $4 billion, the largest it's been since the the U.S. presidential election in November.Source link

8 Eye-Opening Bitcoin Price Predictions Show Crypto’s Bullish Fire Still Burns

It has been a turbulent year for bitcoin, with the leading cryptocurrency soaring to an all-time peak of $109,356 before retreating to a trough of $74,434. Amid volatile price swings and persistent macroeconomic unease, optimism for bitcoin’s trajectory in 2025 remains notably strong. $250K Bitcoin? 8 Predictions Reveal a Wild Road Ahead for Crypto Consider,Source link

Miden Spins Out From Polygon Labs, Raises $25M to Launch Own Chain

Miden has raised millions to spin out from Polygon Labs, expand its team, and launch a blockchain protocol focused private transactions.Source link