#crypto industry

[onlytiktoks]

Investors cheer new crypto law while critics warn of potential for crisis

President Donald Trump signed the Genius Act into law on Friday afternoon.

[rwatimes]

BitGo Cuts 15% of Workforce as Crypto Infrastructure Tightens Costs

BitGo Holdings said it cut nearly 15% of its workforce on Thursday, a move its CEO framed as a “one-time” restructuring as the company directs more resources toward security, trading, stablecoins and AI-driven infrastructure. CEO and co-founder Mike Belshe shared the decision on ...

➤ BitGo has reduced its workforce by approximately 15% as part of a strategic restructuring aimed at focusing resources on key areas like security, trading, stablecoins, settlement, and AI-driven infrastructure. ➤ The company frames these layoffs as a one-time action to become 'sharper and more focused' in response to the evolving crypto landscape, despite continuing to list open job roles. ➤ This move occurs amidst a broader trend of job cuts across the crypto sector and the tech industry in general, driven by efficiency improvements and market conditions, with BitGo's stock experiencing a decline following the announcement.

[rwatimes]

Crypto Industry Enters ‘Show Me’ Era as Users, Revenue Gain Importance

The cryptocurrency industry has moved beyond a growth phase driven by vision statements and white papers and into one where projects are judged by act

➤ The cryptocurrency industry has shifted from a vision-based growth phase to a 'show me' era, emphasizing tangible metrics like users, revenue, and transaction volume. ➤ This shift is driven by the increasing involvement of traditional financial institutions, such as BlackRock, Fidelity, and JPMorgan, launching real-world products. ➤ Projects must now demonstrate concrete achievements and organic user adoption to gain market validation and trust.

[rwatimes]

Crypto Industry Urges Congress to Pass Staking Tax Bill

A coalition of crypto industry advocacy groups has asked U.S. lawmakers to move forward with a narrowly tailored tax bill for mining and staking rewards without further changes, arguing the proposal would resolve long-running uncertainty in how such rewards are taxed and reduce l...

➤ Crypto industry groups are urging Congress to pass the 'Tax Clarity for Mining and Staking Act' as introduced, aiming to resolve tax uncertainty and reduce liquidity pressure. ➤ A proposed amendment limiting tax deferral to five years is criticized by the industry as undermining the bill's core compromise and producing negligible revenue. ➤ Traditional finance groups, like the American Bankers Association, argue the bill unfairly favors cryptocurrencies over other asset classes, highlighting a broader debate on tax treatment.

[rwatimes]

Farewell, Bitcoin: The Underlying Logic of the Crypto World Has Been Rewritten

Bitcoin dropping below $70,000 is not the end of the crypto industry, but a historic turning point where crypto completely breaks free from Bitcoin's dominance.

➤ The crypto industry is undergoing a fundamental shift, moving away from Bitcoin's dominance towards a USD-denominated real-world economy, driven by AI's capture of speculative capital and stablecoins replacing Bitcoin as the market's base currency. ➤ New infrastructure and projects are emerging, focusing on revenue, user growth, and underlying connectivity (like cross-chain privacy and USD settlement), rather than solely on Bitcoin's price movements. ➤ This marks a maturation of the crypto space, where individual projects are evaluated on their own fundamentals, and Bitcoin's role is reduced to one sector among many, rather than the industry's sole driver.

[rwatimes]

Trump criticizes former SEC Chair Gensler for harming crypto industry

Trump accuses former SEC Chair Gensler of nearly destroying the US crypto industry, as the new administration rolls back enforcement and pushes stablecoin legislation.

➤ Former President Trump criticizes ex-SEC Chair Gary Gensler for allegedly harming the US crypto industry. ➤ The new administration is shifting towards a less enforcement-heavy approach, focusing on clearer regulations and stablecoin legislation. ➤ The article warns that regulatory gains could be temporary if not codified into law, citing the FTX collapse as a cautionary tale.

[rwatimes]

Why Stablecoins Are Becoming the Backbone of the Crypto Industry in 2026

The cryptocurrency market has entered a new phase in 2026.

➤ Stablecoins are evolving from trading tools to the foundational infrastructure for global payments, DeFi, and tokenized assets in 2026, driven by institutional adoption and regulatory clarity. ➤ Key advantages include faster, cheaper, 24/7 settlement, making them attractive for cross-border transactions and integration into online businesses, gaming, and fintech. ➤ Despite strong momentum, regulatory concerns around consumer protection, reserve transparency, and AML compliance remain, influencing the future landscape of digital asset innovation.

[rwatimes]

Coinbase y Brian Armstrong destinan $25.5 millones a Fairshake para influir en elecciones de EE. UU.

Fairshake supera los $116 millones mientras Coinbase y la industria cripto expanden su influencia política en EE. UU.

➤ Coinbase and CEO Brian Armstrong have donated $25.5 million to Fairshake, a political action committee influencing US elections. ➤ This significant contribution highlights the crypto industry's aggressive and coordinated strategy to shape favorable digital asset regulation in the US. ➤ The funds will support pro-crypto candidates and oppose those seen as hostile to the industry, aiming to define the regulatory landscape for the next decade.