On-chain data analytics provider CryptoQuant issued a fresh market analysis suggesting that Bitcoin (BTC) may already be transitioning into a bear market phase, driven by a notable decline in demand growth since early October 2025. According to the report, most incremental buying pressure that had supported BTC price during the cycle may have been absorbed, diminishing key demand drivers. The firm highlighted that Bitcoin’s price has moved below its 365-day moving average, a critical long-ter...

On-chain data analytics provider CryptoQuant issued a fresh market analysis suggesting that Bitcoin (BTC) may already be transitioning into a bear market phase, driven by a notable decline in demand growth since early October 2025. According to the report, most incremental buying pressure that had supported BTC price during the cycle may have been absorbed, diminishing key demand drivers. The firm highlighted that Bitcoin’s price has moved below its 365-day moving average, a critical long-ter...

According to Lummis, the legislation aims to resolve long-standing regulatory ambiguity that has prevented traditional banks from fully engaging with digital assets. Rather than relaxing oversight, the bill seeks to formally integrate crypto-related services into the existing banking regulatory system, subjecting them to the same standards of capital adequacy, risk management, and consumer protection. For years, major U.S. banks have largely stayed on the sidelines of the crypto market, despi...

According to Lummis, the legislation aims to resolve long-standing regulatory ambiguity that has prevented traditional banks from fully engaging with digital assets. Rather than relaxing oversight, the bill seeks to formally integrate crypto-related services into the existing banking regulatory system, subjecting them to the same standards of capital adequacy, risk management, and consumer protection. For years, major U.S. banks have largely stayed on the sidelines of the crypto market, despi...

1. Legal compliance and US market access Poly Market, built on the blockchain (Polygon), was fined $1.4 million by the CFTC in 2022 and banned from providing services to U.S. users, relying only on VPNs and overseas users, limiting its growth in the U.S.Kalshi, by contrast, is a “designated contract market” (DCM) fully regulated by the CFTC. It sued the CFTC in 2023 for expanding categories (politics, sports, etc.) and won the case, getting a legal moat that can be traded in US dollars (no cr...

1. Legal compliance and US market access Poly Market, built on the blockchain (Polygon), was fined $1.4 million by the CFTC in 2022 and banned from providing services to U.S. users, relying only on VPNs and overseas users, limiting its growth in the U.S.Kalshi, by contrast, is a “designated contract market” (DCM) fully regulated by the CFTC. It sued the CFTC in 2023 for expanding categories (politics, sports, etc.) and won the case, getting a legal moat that can be traded in US dollars (no cr...

The Solana Foundation has officially launched Kora, a new infrastructure service designed to simplify on-chain transactions by removing the requirement for users to hold SOL in order to pay network fees. Instead, Kora enables transactions to be executed via a fee-relayer mechanism, allowing applications to accept alternative SPL tokens—such as USDC or custom app tokens—as transaction fees. While this may appear to be a user-experience improvement on the surface, Kora represents a deeper shift...

The Solana Foundation has officially launched Kora, a new infrastructure service designed to simplify on-chain transactions by removing the requirement for users to hold SOL in order to pay network fees. Instead, Kora enables transactions to be executed via a fee-relayer mechanism, allowing applications to accept alternative SPL tokens—such as USDC or custom app tokens—as transaction fees. While this may appear to be a user-experience improvement on the surface, Kora represents a deeper shift...