Crypto group counters Wall Street bankers with its own stablecoin principles for bill

The current impasse over stablecoin yields in the U.S. Senate’s crypto market structure bill is now in writing, and the crypto side is holding the line on needing some forms of rewards for stablecoin users. A White House meeting between Wall Street bankers and crypto executives hit a wall this week, despite officials in President…

Is A Short Squeeze Next?

Ether (ETH) traded back above $2,000 on Friday, and its gains extended after the US Consumer Price Index (CPI) print came in cooler than expected. The recovery put ETH/USD on track for its first bullish weekly candle close since mid-January, fueling speculation for a rally toward $2,500.  Key takeaways: Ether futures’ open interest fell by…

Bitcoiners Face Test As Inflation Cools: Pompliano

Bitcoin investors are being forced to rethink why they hold the asset as inflation data cools, according to Bitcoin entrepreneur Anthony Pompliano. “I think the challenge for Bitcoin investors, can you hold an asset when there is not high inflation in your face on a day-to-day basis?” Pompliano said during an interview with Fox Business…

ETH ETF Outflows Top $242M Despite Ether Holding $2K

Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions. Key takeaways: Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.  High interest rates and rising ETH supply make the current staking yield less attractive for long-term…

Banks Should Embrace Stablecoin Yield in CLARITY Act: White House Adviser

Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White House crypto adviser Patrick Witt. Witt said…

ETH ETF Outflows Top $242M Despite Ether Holding $2K

Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions. Key takeaways: Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.  High interest rates and rising ETH supply make the current staking yield less attractive for long-term…

ETH ETF Outflows Top $242M Despite Ether Holding $2K

Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions. Key takeaways: Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.  High interest rates and rising ETH supply make the current staking yield less attractive for long-term…

Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs

Key points: Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508. Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers. Bitcoin (BTC) has risen above $68,500, as buyers attempt to form a higher low near $65,000. According to Glassnode, BTC is…

Trump-linked Truth Social seeks SEC approval for two crypto ETFs

Yorkville America Equities, the asset manager behind a series of exchange-traded funds (ETFs) tied to U.S. President Donald Trump’s Truth Social brand, has filed registration documents for two new cryptocurrency ETFs, expanding its push into the digital asset market. According to a filing with the U.S. Securities and Exchange Commission (SEC) submitted Friday, the firm…

Is Bitcoin Trading Like a Tech Stock?

Bitcoin (BTC) was once pitched as digital gold — a hedge against monetary instability and market turmoil. But recent price action tells a different story. As institutional participation has grown, particularly through exchange-traded funds and other traditional vehicles, Bitcoin has increasingly traded in lockstep with risk assets. The latest downturn in software stocks, fueled by…