As of Oct. 20, 2025, Washington’s still stuck in neutral—no deal, no compromise, and the House has hit snooze again, stretching recesses to Oct. 19. On Monday morning, White House economic adviser and National Economic Council Director Kevin Hassett told CNBC that the ongoing shutdown—what he cheekily dubbed the “Schumer shutdown”—is “likely to end sometime […]

Crypto ETFs Bleed $1.5 Billion in Heavy Week of Outflows
https://news.bitcoin.com/crypto-etfs-bleed-1-5-billion-in-heavy-week-of-outflows/

It was a brutal week for crypto ETFs as investors pulled $1.23 billion from bitcoin funds and $312 million from ether products. After nearly two weeks of inflows, the tide reversed sharply across the board. Red Week With $1.23 Billion Out of Bitcoin and $312 Million from Ether After two weeks of steady inflows and […]

Crypto Leaders and Senate Democrats to Debate DeFi Rules at Pivotal Washington Forum: Report
https://news.bitcoin.com/crypto-leaders-and-senate-democrats-to-debate-defi-rules-at-pivotal-washington-forum-report/

Top crypto CEOs and U.S. lawmakers are converging in Washington to craft digital asset rules that could redefine market structure, drive institutional clarity, safeguard innovation, and keep the U.S. at the forefront of global crypto leadership. Crypto CEOs Join Lawmakers to Forge US Framework Balancing Innovation and Oversight Growing efforts in Washington to define cryptocurrency […]

Polymarket and Kalshi Dominate as Prediction Market Weekly Volume Rockets Past $2 Billion
https://news.bitcoin.com/polymarket-and-kalshi-dominate-as-prediction-market-weekly-volume-rockets-past-2-billion/

Dune Analytics data shows prediction markets are buzzing this week, racking up more than $2 billion in total volume across Myriad, Limitless, Kalshi, and Polymarket — with the latter pair pocketing most of the betting frenzy. Over on Polymarket, open interest shot up to $202 million by Monday, proving that traders aren’t just watching—they’re piling […]

Bitmine Acquires Over 203,000 ETH, Now Holds 2.7% of ETH Supply
https://news.bitcoin.com/bitmine-acquires-over-203000-eth-now-holds-2-7-of-eth-supply/

The acquisition of 203,000 ETH by Bitmine Immersion in the past week has grown its total holdings to $13.4 billion, securing 2.7% of ether’s total supply. Bitmine Crosses $13.4 Billion in Crypto and Cash Holdings Bitmine Immersion Technologies (NYSE: BMNR) has revealed a new purchase of 203,826 ETH over the past week. This latest buy […]

Jack Dorsey Doubles Down on Satoshi’s Original Vision: Bitcoin Is Money
https://news.bitcoin.com/jack-dorsey-doubles-down-on-satoshis-original-vision-bitcoin-is-money/

Block founder Jack Dorsey has recently highlighted the relevance of bitcoin as a transactional element, allowing peer-to-peer settlements between two parties away from centralized organizations. “ Bitcoin is money,” he stressed, commenting on Square’s zero-fee processing for BTC payments. Jack Dorsey Pushes Satoshi’s Original Medium of Exchange Thesis: ‘ Bitcoin Is Money’ The Facts: Jack […]

UK Tax Authority Targets Crypto Investors with 65,000 ‘Nudge’ Letters
https://news.bitcoin.com/uk-tax-authority-targets-crypto-investors-with-65000-nudge-letters/

The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 “nudge” letters in the 2024–25 tax year. Surge in ‘Nudge’ Letters Revealed by FOIA The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has escalated its crackdown on crypto tax non-compliance, issuing approximately 65,000 “nudge” letters to […]