CryptoNews

CFTC Uses Microsoft AI Tools to Surveil Crypto and Prediction Markets, Chairman Tells Congress

CFTC Chairman Michael Selig told the House Agriculture Committee this week that the agency is deploying artificial intelligence (AI) and automated surveillance tools to police digital asset markets, prediction platforms, and traditional commodity derivatives as lawmakers pressed him on suspected insider trading, staffing cuts, and the urgent need for crypto market structure legislation. Key…
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CryptoNews

Virginia Enacts Crypto Unclaimed Property Law Requiring In-Kind Transfer to State

Virginia Gov. Abigail Spanberger signed House Bill 798 into law April 13, 2026, requiring crypto exchanges and custodians to transfer dormant digital assets to the state in their native token form rather than converting them to cash. Key Takeaways: Virginia Gov. Abigail Spanberger signed HB 798 on April 13, 2026, requiring exchanges to transfer dormant crypto to the state in-kind after 5…
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CryptoNews

Grayscale Signals $2.2T Crypto Inflow Potential as $110T Wealth Transfer Accelerates Allocation Shift

A generational shift in wealth ownership is expected to reshape investment strategies, with Grayscale highlighting how digital assets could gain importance as younger investors take control. Changing preferences and broader market forces may gradually increase crypto’s role in diversified portfolios. Key Takeaways: Grayscale highlights $110 trillion wealth, with 2% implying $2.2 trillion crypto…
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CryptoNews

Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze

Bitcoin pushed toward the $75,000 level on Monday, April 13, 2026, as traders covered short positions following President Trump’s order to blockade the Strait of Hormuz, sending the price from a morning low of $70,741 to intraday highs above $74,900. Key Takeaways: Bitcoin climbed toward $75,000 on April 13 after millions in short positions were liquidated within hours. U.S.-Iran Strait of…
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