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News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

US Senate Crypto Hearing Derailed by Bizarre Outburst
US Senate Crypto Hearing Derailed by Bizarre Outburst

Senator John Kennedy’s bizarre outburst at a crypto hearing, focusing on campaign contributions, underscores the delicate balance of bipartisan support for crypto legislation.

BeInCrypto·2025/07/09 16:26
Bitcoin starts week near record high as 80K BTC moves after 14 years
Bitcoin starts week near record high as 80K BTC moves after 14 years

As Satoshi-era wallets saw over $8 billion worth of BTC on the move, Congress is gearing up for “Crypto Week”

Blockworks·2025/07/09 16:10
Litecoin Price Correlation Ratio to BTC Hits 88%: What to Expect if Bitcoin Crosses $120K
Litecoin Price Correlation Ratio to BTC Hits 88%: What to Expect if Bitcoin Crosses $120K

Litecoin price jumped to $92.87 following Bitcoin’s rally above $113,000, with on-chain data revealing an 88% correlation between the two cryptocurrencies over the past month.

Coinspeaker·2025/07/09 16:00
Flash
  • 16:17
    ZachXBT: Indian Exchange Suspected of Hack, Estimated Losses Around $44.2 Million
    According to Jinse Finance, on-chain investigator ZachXBT revealed on his personal channel that a centralized Indian exchange, referred to as "a certain exchange," was allegedly hacked nearly 17 hours ago, resulting in losses of approximately $44.2 million. The incident has not yet been disclosed to the community. The attacker's address received 1 ETH in funds from Tornado Cash and subsequently bridged part of the stolen funds from Solana to Ethereum. ZachXBT further noted that the affected exchange's hot wallet is not publicly labeled and there is no recent proof of reserves, so attribution had to be done manually by reviewing counterparties. In addition, ZachXBT reminded the community that he does not have a YouTube account and that all his personal channels are publicly available on the X platform.
  • 16:08
    GSR Markets and Amber Group May Serve as Market Makers for ERA (Caldera)
    Odaily Planet Daily reported that, according to on-chain analyst Ai Yi's monitoring, the market makers for ERA (Caldera) may be GSR Markets and Amber Group. Amber Group is making a market with 2.5 million tokens, while GSR Markets is making a market with 2 million tokens.
  • 16:07
    Sources: Bank of England reviewing dollar risk exposure of lenders
    ChainCatcher News, according to Jintou, sources say the Bank of England has asked some banks to test their resilience against potential shocks to the US dollar. This is the latest sign of how the Trump administration's policies are eroding trust in the US as a cornerstone of financial stability. People familiar with the matter said the Bank of England has asked some banks to assess their US dollar funding plans and the extent of their reliance on the dollar. Another source said that on one occasion, a UK-based global bank was asked to conduct a stress test, including a scenario where the US dollar swap market could completely dry up. An analyst noted that this reflects a new pattern, where trust in international cooperation appears to be breaking down.
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