Stablecoins Discussed in White House Meeting
White House officials met with crypto and banking representatives to discuss stablecoins, following the Senate Banking Committee’s recent postponement of the CLARITY Act markup. #Update #Crypto
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White House officials met with crypto and banking representatives to discuss stablecoins, following the Senate Banking Committee’s recent postponement of the CLARITY Act markup. #Update #Crypto
@ParaFiCapital has invested $35M in Solana-based @Jupiter, marking its first outside capital with a market-priced token purchase and extended lockups. #Update #Crypto $SOL
@Bed Bath & Beyond plans to acquire Tokens.com to develop a platform for tokenized real estate assets, marking its expansion beyond e-commerce post-bankruptcy. #Update #Crypto
Bitcoin ($BTC) struggles near 16-month lows, closing its fourth consecutive month in red; analysts predict further declines if it drops below $74K support. #Update #Crypto $BTC
US President Donald Trump nominated Kevin Warsh to lead the Federal Reserve, raising liquidity concerns that contributed to a $250 billion drop in crypto market cap over the weekend. #Update #Crypto $BTC
Crypto ETPs experienced two consecutive weeks of outflows totaling $3.43 billion, contributing to $1 billion in year-to-date losses, as reported by CoinShares. #Update #Crypto
Citrea’s Bitcoin rollup experiment aims to determine BTC’s capacity for a full DeFi and stablecoin stack, reigniting discussions on the complexity of Bitcoin’s base layer. #Update #Crypto $BTC
Bitcoin ($BTC) trades below the average cost basis of US spot ETFs after $2.8B in outflows over two weeks, with total assets down 31.5% since October peak. #Update #Crypto $BTC
The Zamoskvoretsky Court in Moscow has ordered BitRiver CEO Igor Runets to remain under house arrest due to ongoing tax evasion charges. #Update #Legal $BTC
Bitcoin dropped to $75,892 following US President Donald Trump’s nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve chair, prompting @MicroStrategy’s Michael Saylor to signal a buy. #Update #Crypto $BTC
Crypto protocol @CrossCurve has reported a breach, with $3 million stolen due to a vulnerability in its smart contracts; users advised to pause interactions. #Breaking #Crypto $ETH
Bitcoin’s recent sell-off has led to negative dollar-weighted returns for investors in @BlackRock’s iShares Bitcoin Trust. #Update #Crypto $BTC
Bitcoin’s recent sell-off has pushed investor returns in BlackRock’s IBIT ETF into negative territory, erasing cumulative gains since its launch amid broader crypto product outflows. #Update #Crypto $BTC
Bitcoin ($BTC) struggles below $50,000, with bearish sentiment following a 6% drop; traders eye CME futures gaps for potential short-term relief amid fears of an extended bearish phase. #Update #Crypto $BTC