Key Takeaways Senator Bill Hagerty introduced the GENIUS Act to regulate stablecoins with bipartisan support. The proposed legislation requires stablecoin issuers to provide monthly audited reports and meet reserve requirements. Share this article Senator Bill Hagerty will introduce legislation Tuesday to create a comprehensive regulatory framework for stablecoins, marking the latest Republican push to establish…
Key Takeaways Coinbase is urging US banking regulators to enable banks to offer crypto custody and trading services. Coinbase seeks confirmation that state-chartered banks can provide and outsource crypto services under current laws. Share this article Coinbase is calling on US banking regulators to revise their stance on crypto services, pushing for changes that would…
Key Takeaways SEC lawyers now need approval from politically appointed commissioners to start formal investigations. The change follows a leadership transition at the SEC, with Mark Uyeda appointed as Acting Chair. Share this article The SEC is now requiring its lawyers to obtain top-level approval before formally launching an investigation, according to two sources familiar…
Este artículo también está disponible en español. Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is…
Key Takeaways Eric Trump expressed bullish sentiment towards Ethereum, calling it a great time to buy. World Liberty Finance’s movements of Ethereum have raised questions in the crypto community. Share this article Eric Trump expressed bullish sentiment towards Ethereum in a tweet today, stating “In my opinion, its a great time to add $ETH.” The…
Key Takeaways President Trump has ordered the creation of a US sovereign wealth fund to be established within a year. Speculation arises about the fund potentially investing in Bitcoin under Bitcoin advocate Howard Lutnick. Share this article President Donald Trump signed an executive order on Monday, instructing the Treasury and Commerce Departments to create a…
Key Takeaways Bitcoin surged to nearly $100K after recovering from a drop below $92K, following Trump’s announcement to pause Mexico tariffs for one month. Markets remain volatile as details of established tariffs with Canada and China keep traders on edge. Share this article Bitcoin is nearing the $100,000 mark after a sharp rebound fueled by…
Key Takeaways Bybit CEO estimates crypto liquidations could reach up to $10 billion. API limitations can cause discrepancies in reported liquidation data. Share this article Bybit CEO Ben Zhou estimates total crypto liquidations across exchanges could reach between $8 billion and $10 billion. According to Zhou, his platform alone recorded $2.1 billion in liquidations in…
Este artículo también está disponible en español. The entire cryptocurrency market has experienced a steep decline over the past 24 hours, with its total market cap plunging by double digits following a barrage of volatile price swings. Unsurprisingly, this sharp downturn has led to widespread liquidations among multiple assets within the past trading day. Notably,…
Key Takeaways Coinbase received FCA approval to offer direct crypto services in the UK. The registration positions Coinbase as the largest digital assets player in the UK market. Share this article The UK’s Financial Conduct Authority (FCA) has greenlit CB Payments Ltd. (CBPL), Coinbase’s UK-based subsidiary, to offer crypto services directly in the country, according…
