In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries. Summary Banks are…
Despite the latest developments on the US/Iran war front, most cryptocurrencies have remained stable. Bitcoin experienced some volatility on Sunday evening after the unsuccessful conclusion of the peace talks in Switzerland, but it rebounded from $63,300 and was stopped at $64,800. Most larger-cap altcoins have remained stable as well, with ETH closing at $1,750…
JustLend DAO has expanded its lending platform by launching support for supply and borrowing of U, a TRC-20 stablecoin pegged to the U.S. dollar. Summary JustLend DAO has enabled direct supply and borrowing of the U stablecoin after adding it as a new market on June 20. The U market launched with a 0% collateral…
Altura will begin winding down its stablecoin yield vault after a sharp rise in withdrawal requests over the weekend. Summary Altura processed more than 8.5m USDT in instant redemptions before announcing the stablecoin vault wind-down. Withdrawal pressure followed Main Street’s msUSD depeg, though Altura said it had no direct exposure. Some portfolio positions need standard…
Trump’s comments came as the high-level meeting between the US and Iran was supposed to start in Switzerland. Bitcoin’s price has been quietly regaining some momentum, slowly increasing to just over $64,000 over the weekend, but that stable progress could be halted in the following hours. The promised peace deal between the US and…
Ripple is expanding its artificial intelligence focus as the XRP Ledger adds support for AI agent payments using XRP and Ripple USD. Summary Ripple launched XRPL Starter Kit so agents can pay using XRP and RLUSD through x402. Crypto.news noted USDC still dominates x402 activity despite Ripple’s push into machine payments for now. Ripple’s GenAI…
The current dynamic reflects protocol-driven activity, with high volume but low per-transaction value. Despite the bears still being in control, the Bitcoin network is seeing a surge in transaction activity. Given the nature of this network activity, market participants may wonder whether the development is a bullish signal or a cause for concern. According…
A $1.5 trillion asset manager just filed to take the most boring mechanism in investing, the dividend reinvestment plan, and quietly point it at Bitcoin. The filing made no headlines. It may be one of the most structurally interesting crypto products yet proposed. Summary Franklin Templeton filed two ETFs that would reinvest stock dividends into…
After Bitcoin’s decisive breakdown from a multi-month rising channel, the largest crypto is still under immense pressure. While buyers managed to defend the $60K support region and trigger a short-term rebound, the broader structure still favors the sellers unless BTC can reclaim several important resistance levels overhead. Bitcoin Price Analysis: The Daily Chart On the…
Ethereum co-founder Joseph Lubin defended Vitalik Buterin after some community members questioned Buterin’s decision to write a science-fiction novel focused on decentralized governance. Summary Joseph Lubin called Vitalik Buterin Ethereum’s key steward while defending his governance fiction project publicly. Crypto.news earlier reported Buterin paused regular essays to write science fiction about decentralized governance online. The…
