Alcoa is nearing a deal to sell its idle upstate New York Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.
United States News
The United States has maintained the highest gross domestic product in the world since 1871, making it a critical player in the evolution of commerce, finance and technology. The U.S. has been home to some of the most successful, long-standing crypto exchanges and other businesses in the industry.
Over 10 years later, the role of Bitcoin (BTC) in the U.S.’s evolution into digital finance and commerce is still unclear, as U.S. cryptocurrency regulation is still inconsistent, hazy or, at best, done in a patchwork fashion across the 50 states and other territories.
Stay tuned as Cointelegraph covers all the important updates and stories regarding the regulation, maturation and evolution of the crypto space.
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Spot Bitcoin ETFs recorded nearly $1 billion in weekly inflows, their strongest performance in over three months amid improving risk sentiment.
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Traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%.
2161 - Price Analysis
Bitcoin pole vaulted to $78,000 and altcoins soared after Iran said that the Strait of Hormuz was fully open. Will bulls be able to sustain the upward momentum?
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Bitcoin surged above $77,000 as oil futures fell 10% after Iran’s foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the US, Israel and Iran.
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Meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional.
1496 - Market Update
Bitcoin’s futures funding rate has remained negative even as BTC bounced back above $75,000. Should traders be worried?
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Democratic lawmakers called out Michael Selig for unilaterally advancing policies at the regulator that's normally led by a bipartisan group of five commissioners.
1453 - Analysis
Investors in the cryptocurrency Ponzi scheme OneCoin may finally get some relief through a Department of Justice program, some 12 years after the project launched.
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Ukrainian authorities detained a suspect linked to a $100 million cybercrime network targeting the US and Europe, seizing $11 million in assets, of which $3 million was in cryptocurrency.
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Crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washington DC-based think tank.
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The committee, led by Tether’s head of government affairs, reported spending $3 million on advertising through a company co-founded by Tether US CEO Bo Hines.
1324 - Price Analysis
A Bitcoin daily candlestick close above $76,000 would complete a bullish trend reversal and shift the bulls’ short-term price target to $84,000. Will altcoins follow the rally?
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Potential conflicts of interest in the state’s gubernatorial race and a pro-crypto Super PAC endorsing a Republican candidate for Senate could cloud the 2026 race.
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The Massachusetts Democrat has been critical of private companies, including non-bank entities, issuing their own dollar-pegged stablecoins.
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