DeFi Demands Threaten U.S. Crypto Market Stability
Senators are finalizing a U.S. market structure bill, but decentralized finance demands remain unaddressed, risking crypto community withdrawal if unmet. #Update #Crypto
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Senate Republicans Push Crypto Bill Vote
Senator Cynthia Lummis indicates a Banking Committee draft on cryptocurrency legislation is in circulation, while the Agriculture Committee seeks a bipartisan version. #Update #Crypto
Bitcoin Pulls Back to $90K After Rally Fails
Bitcoin retraced to $90,000 after a failed rally attempt on Friday, amidst mixed U.S. employment data and rising inflation expectations. #Update #Crypto $BTC
OKX Cuts Institutional Staff Amid Restructuring
@OKX has restructured its institutional business, resulting in about one-third of its sales team leaving the company. #Update #Crypto
Tether Invests $50 Million in Ledn Lender
Tether has reportedly invested up to $50 million in crypto lender Ledn, valuing the company at approximately $500 million. #Update #Crypto $USDT
Ripple Gains FCA Approval in UK
@Ripple has secured registration with the Financial Conduct Authority (FCA) through its U.K. subsidiary, a significant step in the UK’s regulatory framework for cryptocurrency. #Update #Crypto $XRP
Ruble Stablecoin Surges Amid Sanctions Success
A7A5, a ruble-linked stablecoin, has outperformed USDT and USDC over the past year, highlighting its growth amid international sanctions. #Update #Crypto $USDT $USDC
Bitcoin Outflows Erase Early Gains 3 Days
Bitcoin ETFs have seen net outflows exceeding $1 billion over three days, diminishing earlier optimism and erasing month-to-date gains. #Update #Crypto $BTC
XRP Slips to $2.12 After Liquidations
XRP slips to $2.12 after a two-step liquidation reset, leaving the price trapped between $2.07 support and $2.17 resistance. #Update #Crypto $XRP
Bitcoin Holds Steady Near $91K as Tariff Ruling Awaits
Bitcoin holds near $91,000 as prediction markets indicate low odds of a definitive Supreme Court ruling on tariffs, which has historically caused short-term volatility in the cryptocurrency. #Update #Crypto $BTC
Trump Rejects Pardon for Sam Bankman-Fried
Former President Donald Trump stated he will not pardon ex-FTX CEO Sam Bankman-Fried, nor assist Sean Combs or Nicolás Maduro, as reported by the New York Times. #Update #Legal $BTC
Bitcoin Gains Approval for Prediction Markets Expansion
@Bitnomial receives regulatory approval for prediction contracts focused on digital asset movements and economic indicators, expanding its offerings in the derivatives market. #Update #Crypto $BTC $ETH
Bitcoin Remains Deeply Undervalued Amid Bear Market
‘Deeply undervalued’ $BTC is in a bear market, with experts suggesting a rally may only occur when long-term holders are exhausted and institutional capital enters the market. #Update #Crypto $BTC
XRP ETFs Face $40M Outflows After Inflows
XRP ETFs experienced $40M in outflows after an eight-week inflow streak, largely driven by a $47.25M redemption from 21Shares’ TOXR. #Update #Crypto $XRP