BITPRISMIA
Former SEC official Marc Fagel confirms Ripple paid its $125 million penalty in cash, not XRP, and denies rumors about the U.S. government's interest in XRP reserves.
The U.S. House of Representatives passed a procedural vote on crypto bills, including the GENIUS Act, with a final vote expected soon, marking a significant step for crypto legislation.
Shiba Inu (SHIB) is experiencing a bullish trend with significant whale accumulation and potential price targets, driven by technical patterns and increased investor optimism.
The GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act have gained bipartisan support in the House, with Donald Trump helping to secure GOP backing, potentially leading to their passage and regulation of stablecoins and crypto oversight.
Bitcoin is attempting to break past the $119,000 resistance level, with key support and resistance levels identified, while RSI indicates neutral momentum and macroeconomic factors contribute to volatility.
XRP is currently hovering around the $3 mark, with potential for a breakout or pullback, influenced by technical indicators, Bitcoin's movement, and institutional interest.
Citigroup is actively evaluating the launch of a Citi-issued stablecoin, supported by strong earnings and a $4 billion stock buyback, as part of Wall Street's increasing interest in stablecoins.
The Singapore High Court has overturned an earlier decision, allowing a revote on WazirX's restructuring plan and extending Zettai's moratorium, which could lead to the platform's reopening.
Investors are shifting capital from low-yield U.S. Treasuries and money market funds to high-yield DeFi stablecoin lending platforms, driven by expected Fed rate cuts and the appeal of higher returns on networks like Ethereum, Solana, and Sui.
Cosmos has decided to halt its Ethereum Virtual Machine (EVM) platform launch to focus on multi-chain interoperability via its Inter-Blockchain Communication Protocol (IBC), while strengthening the Cosmos Hub's role in the Layer-1 services market.