Congress Reaches Deal on Housing Bill With CBDC Ban

The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency…

Illinois Governor Signs Illinois Budget Including Crypto Tax

Illinois is going ahead with a 0.2% “privilege tax” on crypto transactions involving its residents under a new $55.9 billion state budget bill signed Tuesday. Governor JB Pritzker signed the…

XRP Whale Withdrawals Rreach 720M As Risk Metric Favors Bulls

Since June 3, more than 720 million XRP (XRP) tokens have left crypto exchanges, and Upbit’s share of XRP wallet flows has climbed to its highest level since May 2024. …

HYPE Bulls Target $80 As TradFi Piles Into Hyperliquid DEX

Key takeaways: Hyperliquid defies the crypto bear market with $3 billion HYPE open interest, a 32% growth in a week. Hyperliquid’s TradFi innovation, like SpaceX pre-IPO trading, signals that the…

Senators Urge Treasury Ensure State Authority in GENIUS Rules

A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the ability to regulate stablecoin issuers as…

Crypto PAC Has $5M Stake in Senate Primary Runoff as Alabama Voters Head to Polls

Defend American Jobs, the cryptocurrency company-backed political action committee (PAC) affiliated with Fairshake, reported spending millions of dollars to support a Republican candidate’s run for a US Senate seat in…

BTC Sharpe Ratio Points To New Accumulation Phase: Will It Last?

Bitcoin’s (BTC) risk-adjusted return profile is approaching levels historically aligned with long-term accumulation zones. The Sharpe ratio, a metric that measures return relative to volatility, dropped to -20, a threshold…

Bitcoin Rallies To $67K As US-Iran Make Peace: Will Both Hold?

Key takeaways: Bitcoin derivatives show weak conviction with 2% futures basis and elevated put options premium signaling caution. Institutional buying via $86 million ETF inflows plus Strategy’s (MSTR US) ongoing…

Bitcoin Miners Face $50B Funding Gap As AI Pivot Separates Winners From Losers

A new framework from asset manager VanEck is drawing clear lines between Bitcoin miners that are genuinely transforming into artificial intelligence infrastructure providers and those that are still selling a…

Tokenized RWA Market Tops $43B, According to Token Terminal

The market for tokenized real-world assets (RWAs) continues to expand despite broader weakness in crypto markets, with the value of onchain financial assets climbing sharply over the past six months…