As Congress debates stablecoin yield, banks oppose it to protect deposits, while the crypto industry argues for consumer returns. This shift could redefine financial intermediation and deposit expectations. #Update #Crypto $USDC
PwC reports institutional crypto adoption is irreversible, marking a structural shift. Meanwhile, $BTC trades at $89,100 amid market decline. #Update #Crypto $BTC
Bitcoin’s price is reportedly mirroring key patterns from 2021, suggesting potential historical repetition. Analysts are closely monitoring these developments for future market impacts. #Update #Crypto $BTC
Blackrock’s latest outlook positions Ethereum ($ETH) as a key player in stablecoin adoption and tokenization, highlighting a shift towards financial infrastructure use. #Update #Crypto $ETH
The crypto market reacted cautiously as President Trump threatened a 100% tariff on Canadian goods if trade ties with China strengthened, impacting market sentiment; Bitcoin at $89K, Ethereum around $2,948. #Update #Crypto $BTC $ETH
Pierre Rochard of Strive states tax policy, not technology, hinders $BTC payments; US lawmakers may limit de minimis tax exemptions to stablecoins, prompting backlash from the Bitcoin community. #Update #Crypto $BTC
Bitcoin has dropped 6.6% as geopolitical tensions rise, while gold gains 8.6%, highlighting bitcoin’s role as a liquid asset during crises compared to gold’s stability. #Update #Crypto $BTC
Ethereum Foundation forms Post-Quantum team led by Thomas Coratger, focusing on LeanVM and $2M in prizes to enhance security against quantum threats. #Update #Crypto $ETH
Chainlink remains indecisive as daily candles show no clear direction, with $LINK’s next move hinging on Bitcoin’s momentum. Traders await a breakout or breakdown. #Update #Crypto $LINK
This weekend, silver hit $103/oz as @StoicTrader claimed dealers offered 30% below spot for his 1,000 ounces, sparking debate on X. #Update #Commodities
Trump’s endorsement boosts @BlackRock’s Rick Rieder to 57.5% odds for Fed Chair, ahead of Powell’s term end on May 15. Policy views diverge as the nomination decision nears. #Update #Crypto $BTC
Bitcoin nodes supporting Bitcoin Improvement Proposal 110 (BIP-110) have increased to 2.38%, with 583 out of 24,481 nodes signaling support for the temporary soft fork aimed at limiting transaction data. #Update #Crypto $BTC
During the World Economic Forum, @Coinbase CEO Brian Armstrong revealed a top bank executive stated crypto is their “number one priority,” highlighting banks’ urgent shift towards crypto infrastructure. #Update #Crypto
Sen Hok Ling must repay $7.6M to UK authorities or face extra jail time after laundering Bitcoin for Zhimin Qian’s Ponzi scheme. Ongoing civil proceedings involve 61,000 BTC seizure. #Breaking #Legal
