Bitwise CIO Matt Hougan took aim at JPMorgan, challenging America’s biggest banks’ moves to push lawmakers to curb stablecoin yields. It comes as crypto’s clash with Wall Street escalates, culminating in one of Washington’s most explosive lobbying battles in years. Bitwise Rebukes JPMorgan Amid Wall Street–Crypto Showdown The Bitwise CIO slammed JPMorgan, following comments from…
US banking groups are intensifying pressure on lawmakers to amend the recently passed GENIUS Act, warning that its current structure risks destabilizing the financial system by indirectly enabling crypto exchanges to offer yield on stablecoins. It marks a subsequent attack from banking giants against crypto, after reports that they are trying to disrupt Coinbase and…
New projections from Coinbase suggest that the stablecoin sector could swell to $1.2 trillion by 2028. Yet, this explosive growth raises questions about the ripple effects on US Treasury yields and global liquidity. Coinbase Models $1.2 Trillion Stablecoin Market by 2028 The forecast comes as the stablecoin market progressively becomes one of the most critical…
Two months after Elon Musk criticized the Trump administration’s dealing with of the nationwide debt, reviews point out that the US has added one other $1 trillion in federal debt in simply 48 days. Deficit spending has develop into the most important macro driver with the least mainstream consideration. Bitcoin, Ethereum, and decentralized finance (DeFi)…
London’s once-prized IPO market has slumped to its weakest degree in three many years, even because the US enjoys a resurgence powered by crypto and AI listings. The distinction displays a structural realignment in world capital flows, with new-economy sectors selecting New York over London as their most well-liked launch pad. London IPO Market Stumbles…
Welcome to the US Crypto Information Morning Briefing—your important rundown of a very powerful developments in crypto for the day forward. Seize a espresso as a result of not each crypto-treasury experiment ends in glory. For WindTree Therapeutics, adopting BNB as a part of its steadiness sheet proved extra cautionary than visionary. Crypto Information of…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee as markets debate whether fresh liquidity signals relief, or whether deeper stresses are quietly building beneath the surface. Crypto News of the Day: Treasury’s Record Buyback Highlights Liquidity Stress as Markets…
US President Donald Trump recently opened the door for cryptocurrencies and other alternative assets inside 401(k) retirement accounts. The move came as the White House attempts to align long-term household savings with one of today’s fastest-growing asset classes. With nearly $12.5 trillion held in 401(k)s, the potential inflows into Bitcoin, Ethereum, and tokenized assets could…
The Federal Reserve’s Reverse Repo Facility (RRP) dropped to its lowest level in 1,596 days, suggesting a crack in the liquidity backbone of global markets. This turnout, which points to tightening financial conditions, raises alarm bells across Wall Street and crypto circles. Experts Warn as Federal Reserve Reverse Repo Drops to a 5-Year Low Malone…
China is reportedly considering allowing the use of yuan-backed stablecoins for the first time. The yuan stablecoin roadmap is expected to be discussed at the Shanghai Cooperation Organisation (SCO) Summit in Tianjin later this month. At the summit, China will promote the wider use of its currency in trade settlements. China is Considering Yuan-Backed Stablecoin…