Crypto News
Here’s What Happened in Crypto Today
Bitcoin surged past $65,000 following a weaker-than-expected July jobs report that dimmed expectations for near-term Federal Reserve rate hikes, while a critical security vulnerability in Coldcard hardware wallets resulted in the theft of $116 million in Bitcoin from over 5,200 users. The crypto market also grappled with ongoing regulatory uncertainty as the Senate postponed a...
Bitcoin Rallies Past $65K on Weak Jobs Report, Rate Hike Bets Fade
Bitcoin surges past $65,000 as disappointing July jobs report dims near-term Federal Reserve rate hike prospects, marking a sharp reversal from Thursday’s weakness and signaling renewed investor appetite for risk assets. The report, which showed 23,000 jobs lost instead of the forecast 80,000 gain, has shifted market expectations materially in crypto’s favor heading into next...
XRPL 3.3.0 Deploys Privacy, Batch, and Tokenization Features Amid XRP Price Weakness
The XRP Ledger has released version 3.3.0 with five major protocol amendments designed to unlock privacy, institutional tokenization, and settlement efficiency—marking a pivotal upgrade for the blockchain’s evolution into enterprise finance. However, the features remain inactive pending validator approval, even as XRP price struggles at $1.03 amid broader altcoin weakness and mixed market conviction. The...
July Jobs Report Today: Crypto Braced for Rate Expectations Shift
The July employment report releases in hours, and crypto traders are braced for volatility as the labor market data could reshape Federal Reserve expectations and trigger a shift in positioning across digital asset markets. Bitcoin sits near $64,400 as spot ETF inflows return and derivatives traders lock in downside protection, but sentiment remains decidedly neutral...
Senate Delays Clarity Act Vote, Regulatory Uncertainty Deepens
The U.S. Senate has officially cancelled its vote on the Digital Asset Market Clarity Act before its August 10 recess, marking a significant setback for the crypto industry after months of intensive lobbying and elevating regulatory uncertainty heading into the final months of 2026. Senate Majority Leader John Thune, who had signaled confidence in a...
Coldcard Exploit Drains $116M Bitcoin From 5,200 Wallets in Days
An attacker has systematically drained 1,816 Bitcoin worth approximately USD 116 million from over 5,200 Coldcard hardware wallet addresses since July 30, exploiting a five-year-old firmware vulnerability that crippled the device’s random number generation. The breach, which accelerated through multiple coordinated waves of theft, exposes a critical vulnerability in the self-custody narrative that has anchored...
Here’s What Happened in Crypto Today
A major Bitcoin theft from Coldcard hardware wallets has exposed a $130 million vulnerability just as Senate lawmakers face a critical deadline on the CLARITY Act, with odds for passage hitting historic lows. The Federal Reserve’s hawkish stance continues to weigh on crypto valuations, while shifting liquidity patterns show institutional capital moving between platforms and...
Hyperliquid ETF Inflows Stall as U.S. Regulated Platforms Rise
Hyperliquid’s momentum in crypto derivatives has stalled sharply since June as institutional capital pivots toward U.S.-regulated trading venues, according to JPMorgan Chase analysis released today. The decentralized exchange, which led non-Bitcoin crypto fund inflows in May and June, is now facing headwinds from both regulatory competition and crowded prediction markets that threaten its market position....
RLUSD Flips to XRP Ledger Amid Record Coinbase Withdrawals
For the first time, more of Ripple’s RLUSD stablecoin now lives on the XRP Ledger than on Ethereum, marking a significant structural shift in DeFi deployment. Yet despite this bullish on-chain milestone, XRP price action tells a starkly different story, with the token trading near $1.06 and facing record withdrawal pressure from institutional exchanges. The...
Fed’s Hawkish Hold Locks Crypto Into Higher-For-Longer Regime
The Federal Reserve’s July 29 decision to hold interest rates steady while fielding three hawkish dissents has locked crypto markets into a “higher-for-longer” monetary regime that is now reshaping both institutional inflows and retail positioning. One week after that decision, Bitcoin remains anchored near $64,800 with modest spot ETF demand, while on-chain metrics signal neither...
Senate CLARITY Act Vote Hangs on 48-Hour Deadline as Odds Hit Historic Lows
The Senate’s final 48 hours before recess represent crypto’s make-or-break moment for comprehensive statutory regulation, with the Digital Asset Market Clarity Act facing a 67-70% failure probability despite bipartisan support and historic industry backing. Senate Majority Leader John Thune confirmed a floor vote is still planned this week, but unresolved ethics disputes and Democratic skepticism...
Coldcard Hack Exposes $130M Bitcoin Theft as Market Watches
A five-year-old vulnerability in Coldcard hardware wallets has triggered three waves of coordinated attacks over the past week, with blockchain-monitoring firms now estimating total losses at more than $130 million in Bitcoin stolen from approximately 4,585 addresses. The exploit, which affected firmware version 4.0.1 released in March 2021, compromised the wallet seed generation process on...