Ethereum Crashes 9% Amid $670M Liquidations
Bank of America anticipates US banks adopting stablecoins and tokenized deposits under new regulations, with FDIC rules expected by 2026. #Update #Crypto #Stablecoin
BingX Surges to 40 Million Users
@BingX reaches 40 million users, doubling its base in a year, while investing $300 million in AI tools and launching the Beyond the Alpha campaign. #Update #Crypto
Aave Protocol Faces Price Crash Risk
@Aave is embroiled in a governance dispute over millions in swap fees diverted to Aave Labs instead of the DAO treasury, raising concerns about revenue ownership and potential losses for $AAVE holders. #Update #DeFi $AAVE
Bitcoin Support Launches on MetaMask After 10 Months
@MetaMask has added support for $BTC, allowing users to buy, swap, send, and receive Bitcoin. This follows previous integrations with Solana and Sei, marking a significant multichain expansion. #Update #Crypto $BTC
Bitcoin Plummets $500 Million in Bullish Bets
Crypto markets faced a significant leverage reset with over $584 million liquidated, primarily in long positions, as $BTC and $ETH saw $174.3 million and $189 million wiped out, respectively. #Update #Crypto $BTC
PayPal Launches Utah Bank for Lending
PayPal files with Utah regulators and FDIC to form an industrial bank, aiming to enhance crypto and PYUSD operations by originating loans and holding deposits directly. #Update #Finance
Ethereum Crashes Below $3K Volatility Looms
Ethereum’s price fell below $3,000, consolidating losses and facing resistance at $3,120. A further decline could occur if it drops under $2,920. #Update #Crypto $ETH
Visa Launches Stablecoin Advisory for Banks
Visa is advancing stablecoin payments with a new advisory practice for banks and fintechs, amid rising adoption. #Update #Crypto
Bitcoin Bullishness Soars as Fundamentals Strengthen
Fundstrat’s Tom Lee asserts that market dynamics favor long-term bullishness for crypto, citing only four million Bitcoin wallets with $10,000 compared to 900 million global IRA accounts. BitMine Immersion added 102,259 Ethereum to its holdings. #Update #Crypto $ETH
Gemini Launches Predictions Market Nationwide
Gemini launched its predictions market platform, Gemini Predictions, across all 50 US states with no trading fees temporarily, following CFTC approval. #Update #Crypto
Crypto Regulation Framework Launches in the UK
The UK plans to integrate cryptocurrencies into its financial regulatory framework by 2027, enhancing consumer protection and market transparency under the oversight of the Financial Conduct Authority (FCA). #Update #Crypto
SEC Hosts Financial Privacy Roundtable Today
The U.S. SEC Crypto Task Force is hosting a financial privacy roundtable today from 1 P.M. to 5 P.M. ET, addressing privacy risks in crypto markets after a rescheduling due to a government shutdown. #Update #Crypto
Trump Investigates Samurai Wallet Co-Founder Conviction
Former President Donald Trump is considering a pardon for recently convicted Samurai Wallet co-founder, adding to his previous pardons of @Binance founder Changpeng Zhao and Silk Road founder Ross Ulbricht. #Update #Legal
Yen Stablecoin Launches for Global Settlements
@StartaleGroup and @SBI_Holdings plan to launch a regulated yen-denominated stablecoin for global settlement by Q2 2026, targeting the $300 billion stablecoin market. #Update #Crypto $USDSC