Polymarket Traders See High Odds for US Stablecoin Bill Becoming Law
Crypto enthusiasts are placing their bets on the likelihood that new legislation aimed at regulating payment stablecoins will move forward in the United States, following a key Senate vote and vocal support from former President Donald Trump, who said he wants the bill “on [his] desk.” As of Thursday, Polymarket — a decentralized betting platform […]
Trump-Linked Firm Reduces Ownership in World Liberty Financial by 20%
A business tied to former U.S. President Donald Trump and his family has scaled back its investment in World Liberty Financial (WLF), a cryptocurrency-focused firm, according to a new report. Forbes revealed Thursday that DT Marks DeFi LLC — a Trump-affiliated entity — has gradually decreased its ownership in WLF. While it held a 75% […]
X by Musk to Introduce Payments and Investment Tools in 2025
Elon Musk’s social media platform, X, is preparing to roll out a range of financial features that will allow users to manage payments and investments directly within the app starting in 2025. In an interview with the Financial Times, X CEO Linda Yaccarino revealed that the platform aims to become a one-stop destination for financial […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]