Illinois Lawmaker’s Crypto Bill Aims To Tighten Regulations And Address Fraud
Illinois Senate has advanced a bill to establish comprehensive regulations for crypto businesses operating in the state and address concerns about digital assets-related fraud cases, which saw over $160 million in losses in 2023. Illinois Advances Crypto Consumer Protection Bill On Thursday, Illinois’ Senate Executive Committee passed Senate Bill...
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What Bull Run? Ethereum (ETH) Posted 4 Straight Months of Losses
The predominant belief is that the cryptocurrency market is in a bull market state that started somewhere around the US elections. Although the past few months didn’t go all that well for most cryptocurrencies, many analysts believe this is just a traditional correction in the broader bull cycle. But...
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Smart money still hunting for memecoins despite end of ‘supercycle’
The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump. The industry’s most successful cryptocurrency traders by returns...
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Crypto climbs as stocks crater: Bitcoin holds steady, altcoins take flight in tariff turmoil
Cryptocurrencies, including certain altcoins, outperformed global stocks this week as the fear and greed index dropped to its lowest level in years. Bitcoin (BTC) is holding firm while the stock market melts down, with several altcoins soaring as global markets…...
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Why OFAC Delisted Tornado Cash
Last month, the U.S. Treasury Department’s Office of Foreign Asset Control delisted Tornado Cash from its sanctions list, months after an appeals court ruled that the watchdog could not designate the mixer’s smart contracts. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and...
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Africa Crypto Week in Review: DePIN Summit Comes to Kenya, South Africa Tops in Merchant Crypto Payments, Nigeria Enacts New Securities Law
Africa crypto news: Kenya crypto news was dominated by the DePIN Summit in July, as South Africa crypto news shows that the country leads merchant payments. In Nigeria, will this new crypto law spark growth? Unsurprisingly, South Africa is the most sophisticated crypto market on the continent, primarily due...
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3 New Crypto Projects to Watch as Bitcoin Investors Load Up Again
It’s been a wild ride on Wall Street this week. The Dow Jones Industrial Average (DJIA) plunged over 2,2K points on April 4, 2025, marking its worst day since 2020. And with the latest U.S. jobs report blowing past expectations, traditional investors are bracing for impact. But in crypto?...
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Legal Battle Forces Singapore-based AI firm to Halt Bitcoin Purchases—What Happened?
Singapore-based artificial intelligence company Genius Group is facing significant restrictions on expanding its Bitcoin holdings due to a recent legal ruling in the United States. A recent press release revealed that on March 13, a New York District Court issued a preliminary injunction and temporary restraining order against the...
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‘Shock’ Fed warning risks crashing Bitcoin, altcoin prices
After Donald Trump announced his Liberation Day tariffs, Bitcoin and most altcoins outperformed stocks. Bitcoin (BTC) remained between $80,000 and $90,000, while Ethereum (ETH) was stuck slightly below $2,000. The total market cap of all cryptocurrencies dropped from $2.7 trillion…...
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NODO Gains Momentum with Sui’s Backing for AI-Powered DeFi Infrastructure
NODO, a rising project in decentralized finance (DeFi), has secured strong support from the Sui Hydropower Cohort. The project focuses on merging agentic AI with DeFi to build what is now called DeFAI – decentralized finance powered by autonomous artificial […] The post NODO Gains Momentum with Sui’s Backing...
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