‘Liking Bitcoin’ Is Not Enough For US Government: David Bailey

David Bailey, a former crypto advisor to the Trump administration, argues that the US government could be doing more to support Bitcoin adoption.  “At the end of the day, liking Bitcoin is not enough,” Bailey said during the Bitcoin Investor Week Conference in New York, which was published to YouTube on Tuesday. “The Trump administration…

TradFi Will Move to 24/7/365 Crypto Rails: Bitwise

Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran. In a post on Tuesday titled “The weekend that changed finance,” Hougan said crypto perps futures…

Trump Hits Out at Banks Over Stalled Crypto Bill

US President Donald Trump has taken a shot at banks for stalling the crypto market structure bill from advancing in the Senate over stablecoin yield payments. “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” Trump posted on his Truth Social…

Will Bitcoin Rise Or Fall As A Result?

Key takeaways: Bitcoin shows resilience by decoupling from traditional equities and gold despite increasing US dollar strength. Institutional demand for Bitcoin remains robust, as evidenced by the $1.5 billion in recent ETF net inflows in seven days. Bitcoin (BTC) successfully defended the $68,000 level on Tuesday despite a 1% decline in the Nasdaq 100 Index…

Analysts Say Ethereum Price Must Hold $1.8K to Avoid Breakdown

Ether’s (ETH) rally stalled late Monday just above $2,000 due to stiff overhead resistance, as the technical setup suggested that downward momentum would increase if the ETH/USD pair breaks below $1,800. Key takeaways: ETH price must hold above $1,800 to avoid another leg down.  Ether’s bearish charts and onchain indicators converge on ETH prices below…

Ray Dalio Warns Against Bitcoin as a Safe Haven

Billionaire investor Ray Dalio has warned against Bitcoin as a long-term store of value and safe-haven asset, arguing that it has little central bank support and has lingering concerns over its privacy limitations and quantum resistance. Dalio dismissed the idea that Bitcoin (BTC) can function as a digital gold, telling the All-In Podcast on Tuesday…

Why Bermuda Is Testing a Fully Onchain Economy Instead of Crypto Mandates

Bermuda’s disciplined path to an onchain economy When Bermuda announces its ambition to become the world’s first fully onchain national economy with support from Circle and Coinbase, you could picture a dramatic, quick overhaul. However, that is not the case. To be a fully onchain economy, Bermuda has not taken a hard route, which might…

Ether Exchange Supply Falls To 6-Year Low on Binance

The balance of Ether (ETH) held on exchanges has slid to a multiyear low, with more than 31 million ETH leaving centralized exchanges in February, marking the largest monthly withdrawal since November.  While the ETH price remained near $2,000, derivatives data shows a split between small buyers and larger sellers, raising the question of how…

JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks

JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening an ongoing debate over U.S. crypto legislation. In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who pulled support for the proposed CLARITY…

Prediction Markets Risk Trading Block in Nevada After Court Ruling

Two US federal court rulings have increased the risk that Nevada regulators may seek to halt prediction-market trading in the state after a judge sent a dispute involving Polymarket’s parent company Blockratize and Kalshi back to state court in two separate rulings. A federal judge rejected arguments that US regulation under the Commodity Exchange Act…