NYC mayor lays out crypto plans as city residents vote in Democratic primary

Bitcoin's hashrate—a measure of the total computing power miners are putting into the network—just dropped 11% after hitting a record high earlier this month. This sudden dip raises questions about whether miners are losing confidence or simply adjusting their operations, which could signal shifts in Bitcoin's stability or future price movements.

Editor’s Note: The hashrate isn't just tech jargon—it's a pulse check on Bitcoin's health. When miners pull back, it could mean they're worried about profitability (maybe due to energy costs or Bitcoin's price), or they're just upgrading equipment. Either way, big swings in hashrate can hint at bigger trends, so traders and crypto watchers are keeping a close eye on this.

Injective (INJ) is making waves in the crypto market with a sharp 26% rebound after hitting recent lows, and analysts are buzzing about a potential major breakout. The token is now trying to push past a key resistance level, which could signal even bigger gains ahead—if it holds.

Editor’s Note: For crypto traders, this isn’t just another blip—Injective’s rebound could be the start of a bigger rally, especially if it breaks through that critical price barrier. It’s a sign that even in a volatile market, some assets are finding momentum, and INJ might be one to watch closely.

The US and UK are teaming up to keep a closer eye on digital assets like cryptocurrencies. Top regulators from both countries are forming a working group to coordinate oversight, share data, and align policies—basically making sure the fast-moving world of crypto doesn’t spiral out of control.

Editor’s Note: This isn’t just bureaucratic shuffling—it’s a sign that governments are getting serious about crypto. With two major financial hubs joining forces, we could see tighter rules or even a global framework emerge. For investors, that might mean more stability (or more red tape), depending on how it plays out. Either way, it’s a big step toward legitimizing—or at least taming—the wild west of digital assets.

Polymarket, a prediction market platform where users bet on real-world events, is reportedly close to securing a massive $200 million investment led by Peter Thiel’s Founders Fund. This would value the company at a cool $1 billion, putting it in the coveted "unicorn" club.

Editor’s Note: A $1 billion valuation is a big deal—it signals that investors see serious potential in Polymarket’s blend of betting and decentralized finance, even as regulatory scrutiny around prediction markets lingers. Thiel’s involvement adds credibility, but it also raises questions: Will this fuel mainstream adoption, or will regulators push back harder? Either way, it’s a major moment for the niche world of crypto-based prediction platforms.

Ethereum's price is on the rise again, breaking past $2,220 and showing bullish signals that could push it toward $2,550. It's currently holding steady above $2,320, with a supportive trend line forming around $2,390. If ETH can clear the $2,500 resistance level, we might see another solid uptick.

Editor’s Note: For crypto traders and Ethereum holders, this upward momentum is a hopeful sign after recent market fluctuations. Clearing key resistance levels could signal stronger confidence in ETH, potentially drawing more investors—or at least giving current ones some relief. Whether this rally holds depends on broader market trends, but for now, the charts are looking optimistic.