Crypto Firms Unite Against Bank Stablecoin Ban
Over 125 cryptocurrency companies, including @Gemini, @Coinbase, and @kraken, urged Congress to maintain the GENIUS Act amid banking pressure to limit stablecoin rewards. #Update #Crypto $USDC
Over 125 cryptocurrency companies, including @Gemini, @Coinbase, and @kraken, urged Congress to maintain the GENIUS Act amid banking pressure to limit stablecoin rewards. #Update #Crypto $USDC
@Blockstream CEO Adam Back criticized @CastleIslandVC’s Nic Carter for raising quantum computing concerns about Bitcoin, asserting the community is addressing it quietly. Carter claims many developers are in denial. #Update #Crypto $BTC
The U.S. Federal Reserve seeks public input on new “payment accounts” aimed at easing access for financial firms, including crypto, to its payment systems, with a 45-day comment period. #Update #Crypto
Two Hyundai buildings in Seoul evacuated after bomb threat demanding 13 $BTC ransom; no explosives found. Similar threats targeted Samsung and Korean telecom firms this week. #Breaking #Security
Solana ($SOL) attempts to hold above $123 after a 7.7% surge; analysts debate potential rally sustainability amid recent price volatility. Crypto $SOL
Federal prosecutors return seized cryptocurrency after court-ordered forfeiture in elderly scam, enabling restitution as authorities trace $BTC and $USDT in multistate fraud. #Update #Legal $BTC
Fidelity’s Jurrien Timmer predicts Bitcoin may enter a bear market in 2026, with support between $65K-$70K after a recent peak at $125K. #Update #Crypto $BTC
@Coinbase has filed lawsuits in Connecticut, Michigan, and Illinois challenging state regulators’ authority over prediction markets, asserting CFTC jurisdiction. This legal battle could impact crypto market regulations nationwide. #Update #Legal $BTC
@ETHGas raises $12M in seed funding led by Polychain Capital to enhance Ethereum’s blockspace trading, aiming for faster transactions and a gasless future. #Update #Crypto $ETH
$DOT remains steady at $1.7793, with trading volume 55% above average as institutional buyers accumulate. Support is strong at $1.72-$1.74, while resistance caps upside at $1.86 #Update #Crypto $DOT
Ronald Spektor, 23, charged with $16M crypto theft from 100 Coinbase users via phishing scheme; assets seized include $400K in digital currency. #Breaking #Legal
Ethereum struggles below $3,000 as derivatives leverage hits all-time high on Binance, indicating growing trader optimism despite fragile spot market. #Update #Crypto $ETH
The Bank of Japan raises interest rates by 25 basis points to 0.75%, signaling potential future hikes. Markets react as if this shift is already priced in. #Update #Finance
Senator Cynthia Lummis will retire in 2027, focusing on crypto legislation as her final legacy, highlighting her advocacy for Bitcoin. #Update #Crypto