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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A coalition of leading cryptocurrency firms is urging lawmakers on the Senate Banking Committee to reject specific provisions concerning stablecoins outlined in the recently passed GENIUS Act.  This push, coordinated by the Blockchain Association, comes as more than 125 participants from the crypto industry voice their opposition to a proposed reinterpretation of an existing prohibition on stablecoin interest. Among the organizations backing this letter are the Bitcoin Policy Institute, the Crypto Council for Innovation, the DeFi Education Fund, the Solana Policy Institute, the Digital Chamber, as well…

In brief Bitcoin’s rally after soft CPI data reversed rapidly, triggering over $500 million in liquidations from leveraged long positions. The sell-off was driven by derivatives traders taking profits, unlike prior moves led by spot sellers, per on-chain data. The Bank of Japan’s first rate hike in 30 years threatens the yen carry trade, a key source of global market liquidity. Bitcoin whipsawed again after Thursday’s soft inflation report signaled a recovery, triggering over $500 million in crypto liquidations.With headline and core inflation coming in at 2.7% and 2.6%, respectively, below 3% forecasts, the crypto market outlook seemed bullish. Bitcoin…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Shiba Inu ecosystem’s long-running tension between “official messaging” and meme-coin marketing resurfaced this week after Oscar (@oscar_shibainu) published a public break with the @Shibtoken X account, accusing it of drifting into promotional behavior that benefits individuals rather than the broader SHIB community. In a statement posted on X, Oscar said it had previously defended the Shiba Inu account “in good faith,” but now considers that effort misplaced. OSCAR Blasts Shiba Inu Account “For a long time, we believed that something positive could emerge from the SHIB…

An investor who famously nailed the Great Financial Crisis of 2008 by shorting mortgage-backed securities is issuing a new warning on the US economy. Former Scion Asset Management head Michael Burry is sharing a chart from Wells Fargo and Bloomberg showing the percentage of the average US household’s net worth allocated to real estate and stocks. The data appears to show that US households have more of their net worth in stocks than real estate, which Burry points out has sometimes led to bear markets in the past. “This is a very interesting chart, as household stock wealth being higher…

On-chain data shows the distribution of the underwater Bitcoin supply has been shifting recently with the share of long-term holders rising. 23.7% Of Bitcoin Supply Is Currently Being Held At A Loss In its latest weekly report, on-chain analytics firm Glassnode has discussed about the latest trend in the Bitcoin Total Supply in Loss. This metric measures, as its name suggests, the total amount of the cryptocurrency’s supply that’s currently carrying a net unrealized loss. The indicator works by going through the transaction history of each token in circulation to see what price it was last moved at. If this…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In its latest effort to provide clearer regulatory clarity, the US Securities and Exchange Commission (SEC) has published detailed guidelines for broker-dealers on the custody of crypto assets. SEC Clarifies Crypto Custody Standards For Broker-Dealers On Wednesday, the SEC’s staff of the Division of Trading and Markets issued a statement addressed its views on the application of paragraph (b)(1) of Rule 15c3-3 to crypto assets that are considered securities, including tokenized versions of an equity or debt security. Under Securities Exchange Act of 1934, Rule 15c3-3 requires…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is increasingly struggling to maintain a convincing bullish narrative as market sentiment continues to deteriorate. Price action remains fragile, and a growing number of analysts are openly discussing the possibility that Ethereum is transitioning into a broader bear market phase. Repeated failures to sustain upside momentum have weakened confidence, while risk appetite across the crypto market continues to fade. As volatility persists and capital rotates defensively, ETH finds itself at the center of a debate between structural weakness in price and resilience beneath the surface. According…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent crypto crime report, blockchain intelligence firm Chainalysis has uncovered a troubling trend in crypto theft. As of now, over $3.4 billion worth of digital assets has been stolen, surpassing the total amount reported in the previous year. Notably, North Korean hackers have been implicated in the majority of these thefts. Crypto Theft Escalates The report, published on Thursday, highlights significant alterations in how these thefts are occurring. One alarming statistic shows that compromises of personal wallets have surged, escalating from just 7.3% of the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senior researcher at on-chain analytics firm Glassnode has explained how the recent Bitcoin shark “accumulation” is not a sign of organic buying. Bitcoin Shark-Sized Entities Have Been Growing Recently In a new post on X, Glassnode senior researcher CryptoVizArt.₿ has talked about the recent growth in the supply attached to the Bitcoin sharks. “Sharks” are defined as the entities carrying between 100 and 1,000 BTC. At the current exchange rate, the range of this cohort converts to $8.7 million at the lower end and $87 million at…

In brief A senior IcomTech promoter was sentenced to 71 months for running a crypto Ponzi scheme that promised guaranteed returns from mining and trading. The scheme collapsed after victims were unable to withdraw funds, resulting in millions of dollars in losses. The sentence also covered Mendoza’s illegal reentry after deportation, following decades of unlawful residence and repeated removals from the U.S. A senior promoter who helped orchestrate a multimillion-dollar crypto Ponzi scheme targeting working-class Spanish-speaking investors was sentenced Thursday to 71 months in federal prison.Magdaleno Mendoza received a sentence for his role in IcomTech, a purported crypto-mining and trading…