Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says
Description
The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking.
Latest News
- US seeks to claim $2.4M in Bitcoin seized from ransomware group2025-07-29 06:57:27
- Google search volume for stablecoins hit peak amid ‘parabolic’ growth2025-07-29 06:05:20
- Bakkt sells loyalty business to focus on being ‘pure-play crypto’2025-07-29 05:51:12
- SharpLink’s Joe Lubin wants to buy ETH faster than any other firm2025-07-29 05:32:00
- BitMine tanks 27% despite touting ETH’s implied value at $60K2025-07-29 05:16:01
More Reading
Institutional ETF Investments Drive Down Bitcoin Volatility, Foster Steady Growth
05:45 28-07-2025 (1 day ago)
Major financial institutions' adoption of Bitcoin exchange-traded funds (ETFs) has substantially decreased Bitcoin's price volatility while fueling sustained price appreciation. Products like BlackRock's iShares Bitcoin Trust (IBIT) have channeled significant institutional capital into the cryptocurrency, fundamentally altering its market dynamics. Since the debut of prominent Bitcoin ETFs, Bitcoin's value has surged by approximately 250%, exhibiting markedly reduced volatility compared to...
XRP and Solana ETFs Fuel Bullish $4 and $250 Price Targets
08:50 27-07-2025 (2 days ago)
Analysts project XRP could surge to $4 while Solana aims for $250, driven by accelerating ETF speculation and regulatory tailwinds. The optimistic mid-year forecasts hinge on growing institutional engagement and cleared regulatory pathways. XRP's $4 target intensifies amid discussions for a dedicated spot ETF, bolstered by recent regulatory clarity that revitalizes market confidence. Meanwhile, Solana's spot ETF approval has unlocked...
SEC Delays Decision on Truth Social Bitcoin ETF to September 18
01:12 29-07-2025 (6 hours ago)
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin Exchange-Traded Fund (ETF), backed by Trump Media & Technology Group. Regulators extended the review period for the proposed ETF from August 4 to September 18, granting them additional time to evaluate the application. This delay extends beyond the Truth Social Bitcoin ETF. Other crypto-related...
NEAR Protocol Shows Bullish Potential; Technical Pattern and Staking Strength Point to Upside
00:22 29-07-2025 (7 hours ago)
NEAR Protocol (NEAR) is exhibiting significant bullish momentum, highlighted by a confirmed double bottom pattern in its technical analysis. This classic reversal formation, identified with strong support near $1.78, indicates potential for substantial upward movement. Market technicians project a price target of $8 for NEAR if the token consistently maintains levels above the critical resistance point of $2.93. This optimism...
XRP/KRW Pair Dominates Upbit’s $3.14 Billion Korean Won Trading Market
04:02 28-07-2025 (1 day ago)
South Korean cryptocurrency exchange Upbit registered $3.147 billion worth of trading volume within 24 hours, highlighting robust activity in the Korean won market. The XRP/KRW trading pair emerged as the dominant force, capturing 14.05% of market share with $440 million in transactions. Ethereum secured second position with $258 million in trading volume, representing 8.24% market share, followed by GLM at...
Crypto News Outlet Urges Followers to Enable Alerts for Real-Time Market Updates
07:13 27-07-2025 (2 days ago)
Readers seeking comprehensive cryptocurrency market coverage are encouraged to enable notifications on a prominent news outlet's social media channels. Activating alerts ensures subscribers receive immediate updates on breaking news, crucial Bitcoin insights, and in-depth market analyses directly as they happen. This prompt specifically highlights the need for timely financial information delivery via popular platforms like Twitter and Telegram. By turning...
South Korean Exchange Upbit Lists OP Token for KRW Trading
04:26 28-07-2025 (1 day ago)
Major South Korean cryptocurrency exchange Upbit has announced the listing of the OP token on its spot trading platform. The newly added trading pair allows traders to buy and sell the OP token directly using the Korean Won (KRW), Upbit's native market currency. This listing significantly enhances access to the OP token for the large user base within Upbit's trading...
PENGU Trading Volume Surpasses DOGE on Upbit Amid Market Cap Disparity
16:11 27-07-2025 (2 days ago)
PENGU has recorded higher trading volume than Dogecoin (DOGE) on South Korea's Upbit exchange, despite possessing a market capitalization less than one-thirteenth of DOGE's valuation. This divergence highlights intensified speculative activity around emerging altcoins within the cryptocurrency market. The volume surge signals growing trader interest in newer digital assets like PENGU, though DOGE retains significantly greater market capitalization due to...
BNB Price Surge Past $850 Boosts Changpeng Zhao’s Net Worth Beyond $75 Billion
13:49 28-07-2025 (18 hours ago)
Binance Coin (BNB) has surged to a new all-time high above $850, significantly increasing the net worth of Binance co-founder Changpeng Zhao. Zhao, who owns over 64% of BNB's circulating supply, now holds assets valued at more than $75.8 billion due to this unprecedented price appreciation. The token's growth is closely tied to Binance Smart Chain's ecosystem expansion, where total...
XRP Shows Bullish Signals Setting Sights on Key $3.79 Resistance Breakout
12:06 27-07-2025 (2 days ago)
XRP is exhibiting signs of bullish momentum as technical indicators point toward potential further gains, with analysts eyeing a decisive breakout above the $3.79 resistance level. The cryptocurrency currently consolidates near $3.17, suggesting strong positioning for continuation above $3.70. Key technical tools reinforce this optimistic forecast, showing Bollinger Bands tightening with the upper band positioned at $3.79 while the Relative...
BNB Smashes All-Time High on Institutional Demand and Ecosystem Growth
11:14 28-07-2025 (20 hours ago)
BNB has surged to a historic peak as rising institutional interest, Binance ecosystem expansion, and deflationary token burns propel its bullish momentum. The token registered over 7.7% gains in the past 24 hours, trading around $857 with a year-to-date increase of 45%, reflecting renewed market confidence. Network activity on Binance Smart Chain shows robust growth, with its total value locked...
Solana (SOL) Under Selling Pressure as Long-Term Holders Exit, New Investor Interest Wanes
21:42 27-07-2025 (1 day ago)
Solana (SOL) is experiencing notable downward pressure, with its price retreating below the $200 mark. The decline is primarily attributed to increased selling activity by long-term holders, combined with a significant drop in new investor engagement. Blockchain analytics indicate that the network's 'liveness' metric has risen, reflecting this heightened selling pressure and contributing to a bearish market sentiment. Adding to...