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White House economists oppose prohibiting crypto platforms from offering yields on stablecoin deposits as Clarity Act debates heat up. White House economists, part of the Council of Economic Advisers, reported today that banning crypto firms from offering customers yield on stablecoins won’t have a meaningful effect on community banks. This marks the latest developments in a notable conflict between the banking industry and the crypto industry. According to the Council: “The conditions for finding a positive welfare effect from prohibiting yield are simply implausible. […] In sort, a yield prohibition would do very little to protect bank lending, while forgoing…

Funding rates have been oscillating between -12% and +7%, pointing to a derivatives market with no dominant directional bias. Bitcoin futures open interest has dropped by half, falling from $42 billion in October 2025 to $21 billion as of April 8, 2026. This is according to data supplied by analytics platform BIT, whose analysts suggested the sharp dip in leveraged positions is because the market has undergone a reset, leaving BTC “priced for a move” after months of rangebound trading. Open Interest Reset Leaves BTC Market Less Crowded On-chain technician Markus Thielen wrote BIT’s report, which said that positioning has…

Bitcoin climbed back above $71,000 after news of a conditional U.S.–Iran ceasefire tied to reopening the Strait of Hormuz. Bitcoin Bounces Back… For Now According to today’s QCP Market Colour, after the announcement of the ceasefire risk assets rallied, equities rose and oil cooled into the low-$90s. However, the report warns that all of this looks more like a temporary pause than a lasting resolution. Let’s not forget that, according to President Donald Trump himself, the ceasefire hinges on how Iran handles the Strait of Hormuz in the weeks ahead. 🚨 President Donald J. Trump makes a statement on Iran:…

As geopolitical tensions rattle global markets, Bitcoin is struggling to maintain the momentum many had predicted for the first half of 2026. The world’s largest cryptocurrency has slid alongside Ethereum and Solana, leaving investors looking for a hedge that doesn’t rely on simple price speculation. The market is increasingly fatigued by Bitcoin’s inherent limitations as a medium of exchange, particularly its slow block times and the high transaction costs during periods of volatility. This has paved the way for a resurgence in Layer 2 development, shifting focus from pure store-of-value back to Satoshi’s original promise of a global payment system.…

15 months of pain. An 80% drawdown from the peak. And a chart that — if you squint — might just be forming a bottom.I Mined DOGE in 2014Before we talk charts, let me tell you something embarrassing.Back in 2014, I was mining Dogecoin. Real GPU mining. Back when it was a joke — a dog meme slapped on a fork of Litecoin that nobody took seriously.I still have a wallet with around 500,000 DOGE sitting in it. Untouched. Unreachable.The problem? I forgot the password. I’ve tried brute-forcing it — no luck. At this point, my only real option is…

It appears that the era of loud, energy-draining mining rigs is coming to an end, or at least to a change in 2026. The cryptocurrency market has matured considerably and is moving away from speculative noise toward functional utility that actually pays. Investors are no longer happy with holding coins – they want their assets to work for them. In fact, a lot of the regulatory lobbying is focused that way as well. This shift has sparked a considerable surge in passive BTC models, which allow users to earn the world’s most valuable digital asset without having a degree in…

Make CryptoSlate preferred on Circle’s biggest selling point may be becoming its biggest liability. On-chain investigator ZachXBT’s “Circle Files” allege that the USDC issuer has inconsistently applied its freeze powers.Circle was too slow in 15 cases involving more than $420 million in allegedly illicit funds since 2022, yet broad enough to sweep 16 operational business wallets in a sealed US civil matter. The wallets were tied to exchanges, casinos, and forex services that ZachXBT said did not appear connected.Why this matters: USDC is a core settlement asset in crypto, widely used by exchanges, traders, payment flows, and DeFi protocols. Circle’s…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean state-affiliated group, according to a detailed incident update published by the team earlier on Sunday.The attackers first made contact around fall 2025 at a major crypto conference, presenting themselves as a quantitative trading firm looking to integrate with Drift. They were technically fluent, had verifiable professional backgrounds, and understood how the protocol operated, Drift said. A Telegram group was established and what followed were months of substantive conversations around trading strategies and vault integrations, interactions that are standard for how…

Crypto markets, especially altcoins, could react fast once the Middle East war reaches a turning point, said the AI. Over a month has passed since the initial strikes against Iran took place on February 28, and the war scene in the Middle East has been rather controversial, to say the least. Trump has remained very vocal on the topic, but many of his statements have contradicted each other. Some examples include stating after the first several days that there are no targets left in Iran to hit, while most recently, he outlined over 3,000 such possible sights that remain. He also said initially…