Fed’s Proposed Stablecoin Rules Put GENIUS Act’s Dollar Test to Work
Key TakeawaysThe Fed proposes at least $1 in permitted reserves behind every $1 in stablecoins.Michael Barr wants clear redemption rights and scrutiny of...
Bitcoin Flashes Signal Seen at Start of 2019 and 2023 Bull Markets
Key TakeawaysGlassnode says a bitcoin valuation measure has moved above its one-year average.The same crossover appeared near the start of the 2019 and...
Iran’s 7-Day Hormuz Proposal Hits an Already Nervous Market
Key TakeawaysIran says Hormuz could reopen within 7 days if U.S. pressure and its blockade ease.Bitcoin traded near $84,000 as Treasury yields and...
Crypto Casino Duelbits Hit With $7M Hack, Taken Offline
Key TakeawaysDuelbits, an online casino platform, confirmed a hack early Thursday.A founder said that about $7 million worth of funds were stolen in...
Bitcoin Price Stalls at $84K as $80M Long Liquidation Wave Hits
Key TakeawaysBitcoin’s price held flat near $84,000 on Thursday after a sharp pullback from $87,000.Volatility triggered over $80 million in bitcoin long liquidations...
Bitcoin ETFs Erase 2026 Outflows With $4.6 Billion Rebound
Key TakeawaysU.S. bitcoin ETFs drew $4.6B since Aug. 19, erasing 2026 outflows and pushing BTC above $86K.ETF demand edged crypto marketcap toward $3T,...
NY AG Sues Polymarket, Calls Prediction Market Illegal Gambling
Key TakeawaysNew York AG Letitia James sued Polymarket, alleging the prediction market illegally offered gambling to New Yorkers.Polymarket advertised its platform as “legal...
Raiffeisen’s 18M-Customer Crypto Push Expands Bitpanda Access Across 11 CEE Markets
Key Takeaways:Raiffeisen Bank International and Bitpanda are developing a digital-asset-services group-wide framework in Central and Eastern Europe (CEE).Bitpanda Enterprise will be responsible for...
Wall Street Opens Door to $24.54B Privacy Coin Boom in 5 Months
Key TakeawaysPrivacy coins added billions in 5 months, with ZEC and XMR accounting for nearly all of the growth.ZEC jumped from $319 to...
