Crypto News

Bitcoin BTC cooled off during U.S. trading hours Monday after nearly topping $123,000 earlier in the session, but market top calls are premature, analysts said.BTC slipped below $120,000 late in the U.S. day, shedding most of its overnight advance, but holding on to a modest 0.6% gain over the past 24 hours. Ethereum's ether ETH slid back below $3,000, while dogecoin DOGE, Cardano's ADA ADA and Stellar's XLM XLM declined around 2%-3% on the day.Among majors, XRP XRP, SUI SUI and Uniswap's UNI UNI outperformed with 2.5%, 10% and 6% gains, respectively.Crypto-linked stocks also retraced some of their morning gains, with Strategy (MSTR) and Galaxy (GLXY) still higher 3%-4%, while Coinbase (COIN) gained 1.5%After BTC surged over 10% in less...

Favorable regulatory tailwinds and XRP's potential usefulness have impressed investors, analysts said.Source link

U.S. regulators just cleared a critical path for banks to offer crypto asset safekeeping, signaling new momentum for compliant, risk-managed institutional entry into digital finance. US Banking Regulators Issue Joint Statement on Crypto A renewed regulatory focus is opening the door for banks to engage with crypto asset safekeeping, provided they meet established risk standardsSource link

When Congress established the Securities and Exchange Commission in 1934, it was responding to myriad failures of an antiquated financial system. The regulatory architecture that emerged provided the foundation for nearly a century of American financial dominance. Today, Congress faces a comparable moment: the opportunity to modernize America's financial infrastructure for the digital age.Two pieces of legislation now before lawmakers, the GENIUS Act on stablecoins and comprehensive market structure reform, represent more than incremental policy adjustments. Together, they constitute America's response to a fundamental shift in how money moves around the world.The stakes are considerable. The $240 billion stablecoin market, projected to reach $3.7 trillion by 2030, has emerged as critical financial infrastructure largely outside formal regulatory frameworks. Nearly all...

Bitcoin and ether exchange-traded funds (ETFs) continued their historic run with $2.72 billion and $907.99 million in net weekly inflows, respectively. This marks the fifth consecutive green week for bitcoin ETFs and the ninth for ether ETFs. Record-Breaking Momentum: Bitcoin and Ether ETFs Extend Green Run The momentum is undeniable. As digital assets soar, soSource link