The Senate is advancing crypto initiatives, with Mike Selig’s CFTC nomination moving forward. Time is running out for Congress to finalize market structure legislation before the midterm elections. #Update #Crypto $BTC
The Senate Agriculture Committee has released a draft bill addressing digital commodities and CFTC oversight, marking progress in crypto regulation discussions. #Update #Crypto
Sam Bankman-Fried’s appeal faced skepticism from the Second Circuit Court, with judges questioning claims of bias and fair trial, potentially marking his last chance for early release. #Update #Legal $BTC
In a recent study, 18% of Americans reported using crypto, while only 3% are familiar with decentralized finance (DeFi). Interest in DeFi is growing as consumers seek alternatives to traditional finance. #Update #Crypto $BTC
Investors are shifting towards multi-signature custody for enhanced security and transparency, challenging traditional banking models, while the crypto market awaits leadership for a potential rally. #Update #Crypto $BTC $ETH
The U.S. government shutdown, now the second-longest in history, threatens crypto legislation progress as Congress misses key deadlines; optimism remains for a Thanksgiving markup hearing. #Update #Crypto $BTC $ETH
Ethereum’s Fusaka upgrade successfully completed its final test on the Hoodi network, paving the way for mainnet activation. Meanwhile, @BOB introduced a Bitcoin Vault Liquidation Engine for BTC-backed stablecoin lending. #Update #Crypto $ETH
Federal Reserve Governor Christopher Waller proposed a “skinny master account” for crypto firms, allowing limited access to Fed payment rails while managing risks. This could benefit stablecoin issuers. #Update #Crypto $USDC
During D.C. Fintech Week, experts discussed the challenges of ensuring compliance in decentralized finance (DeFi), highlighting developers’ liability and regulatory alignment as critical issues. #Update #Crypto $ETH
U.S. lawmakers’ negotiations on cryptocurrency market structure legislation continue amid a government shutdown, with contentious DeFi proposals facing industry backlash. #Update #Crypto $ETH
Digital assets saw a recovery in Q3, with Bitcoin up 6.4%, while institutional demand drove $8.78B and $9.59B inflows into bitcoin and ether ETFs, respectively. #Update #Crypto $BTC $ETH
The U.S. government shutdown delays crypto policymaking, impacting ETF launches and market structure legislation, with potential for extended partisan disputes if the shutdown continues. #Update #Crypto $SOL $LTC
The U.S. government shutdown may stall crypto market structure legislation, impacting policymaking. Congress needs bipartisan support to pass a budget by Sept. 30, 2025. #Update #Crypto $BTC $ETH
Ethereum developers plan to launch the Fusaka hard fork on December 3, aiming to enhance scalability; meanwhile, @Plasma’s stablecoin blockchain will debut its mainnet beta on September 25. #Update #Crypto $ETH $USDT
