Trump Pushes for Swift Passage of Groundbreaking Stablecoin Legislation
President Donald Trump has called on the House of Representatives to move quickly in passing the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), signaling his eagerness to sign the legislation into law without delay. “This bill just cleared the Senate — a historic step that will put the U.S. at the […]
CZ Urges Platforms to Add Crypto Inheritance Features
Changpeng “CZ” Zhao, the founder and former CEO of Binance, is encouraging crypto platforms to introduce a built-in feature that helps users pass on their digital assets in case of death. In a recent post on X, CZ remarked, “It’s not a pleasant subject, but mortality is inevitable. Every crypto service should implement a ‘will […]
Bitcoin Gets Boost From Fed Pause, Eyes $106K as Short Squeeze Potential Builds
Bitcoin could be entering a bullish phase as the Federal Reserve holds off on further interest rate hikes, according to fresh analysis. In a recent Quicktake update, on-chain data provider CryptoQuant highlighted new supportive factors emerging for Bitcoin’s price trend. Fed Pause Adds Momentum, Binance Data Supports Upside CryptoQuant noted that Bitcoin has a history […]
JPMorgan Launches JPMD Token Pilot on Base, Touts Deposit Tokens Over Stablecoins
JPMorgan Chase is expanding its blockchain ventures by piloting its new deposit token, JPMD, on the Base network—Coinbase’s Ethereum layer-2 platform. Naveen Mallela, who leads blockchain initiatives at JPMorgan’s Kinexys division, confirmed to Bloomberg that a test batch of JPMD tokens will soon be transferred to Coinbase. The transaction will occur on Base, which, since […]
US Senate Approves Landmark Stablecoin Bill in 68–30 Vote
The United States Senate has moved forward with a major piece of crypto legislation, passing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act with a 68-30 vote. This brings the bill one step closer to becoming law. The legislation, introduced by Senator Bill Hagerty of Tennessee around six weeks ago, now heads […]
BBVA Recommends High-Net-Worth Clients Allocate Up to 7% in Crypto
BBVA, Spain’s second-largest banking group, is encouraging its wealthier clientele to consider allocating a portion of their portfolios to cryptocurrencies, including Bitcoin (BTC). According to a report by Reuters, BBVA has suggested that private banking clients invest between 3% and 7% of their assets in crypto, depending on their risk tolerance. This strategic recommendation marks […]
Metaplanet Surpasses Coinbase with 10,000 BTC Holdings
Japanese investment firm Metaplanet has reached a major milestone, amassing a total of 10,000 Bitcoin, officially overtaking Coinbase to become the seventh-largest publicly listed company with BTC on its balance sheet. On Monday, the firm revealed a fresh acquisition of 1,112 BTC valued at 16.88 billion yen (approximately $117 million), pushing its total reserves past […]
Truth Social Submits Filing for Bitcoin and Ethereum ETF
Donald Trump’s social media platform, Truth Social, has taken a significant step into the crypto space by submitting an S-1 registration form to the U.S. Securities and Exchange Commission (SEC), aiming to launch a dual exchange-traded fund (ETF) focused on Bitcoin and Ethereum. Filed this past Monday, the proposed ETF—officially titled the Truth Social Bitcoin […]
El Salvador Adds 240 BTC Despite IMF Agreement to Halt Accumulation
El Salvador, the first country to officially recognize Bitcoin as legal currency, has continued to expand its Bitcoin holdings even after securing a $1.4 billion loan from the International Monetary Fund (IMF) that discouraged further government BTC acquisitions. According to data from the country’s Bitcoin Office, El Salvador’s national crypto treasury now holds 6,209 BTC. […]
Bybit Plans Q3 Launch for Solana-Powered DEX ‘Byreal’
Crypto exchange Bybit has revealed its intention to debut a new decentralized exchange called Byreal, built on the Solana blockchain. The platform is expected to roll out its testnet at the end of June, with a full mainnet launch targeted for the third quarter of 2025. In a recent post on X (formerly Twitter), CEO […]