Crypto News

The US government is actively moving large quantities of seized Bitcoin, with reports of moves totaling $1 billion from the Bitfinex hacker seizure, while Bitcoin itself faces downward pressure amid geopolitical tensions and is nearing a 3-week low. On the regulatory front, Rep. Hill is pushing the CLARITY Act through a lame-duck session even as the IMF warns that tokenized markets could amplify financial risks. Amid the market uncertainty, some altcoins are rallying significantly—notably Algorand, which surged 72% after announcing quantum-proof upgrades and hiring the former Chainlink CEO—while other sectors like privacy coins are struggling with Zcash down 16%.