This is a busy week in crypto featuring essential product launch, fever debate around Ethereum, movement of Stablecoin law, and High -profile hearings in “Debanking.”
David Sacks, Crypto and Ai Czar, will hold a high-profile press conference with the leadership of the SenateAs Senator Hagerty, of Tennessee, a introduced New Stablecoin Bill. The proposal, which outlines a regime administration for the issuance of Stablecoin, is building a bill that passed the Chamber last year but fell into the Senate. It is more likely to pass this year, now that the Republicans are in control. CoinDesk’s Jesse Hamilton had news.
The Senate will also hold hearings in the co-ordinated policy of institutions Like FDIC To reject financial services to crypto companies during Biden (aka debanking). Nathan McCauley, CEO Anchorage Digital, a custodian of the institutional, testified (and also wrote about His experience with CoinDesk). Consensys founder Joe Lubin said his company is that -debank also twiceIan Allison reported.
Ondo Finance introduced a new tokenization blockchain, preparing for a expected wave of interest at the RWW institution. Crisis sandor and helene braun There was a story. Trump immediately bought World Liberty Financial $ 470,000 costs ondoplatform management token. Kris Sandor and Francisco Rodrigues have been reporting about it.
The other big launch of the week came from Berachain, which debuted a mainnet and a 79 million-powerful airdrop, Shaurya Malwa reported. At the time of writing, Bera’s market cap was over $ 800 million. Shaurya also provided a Prescient analysis of XRP price, earlier in its denial by Trading Patterns. Meanwhile, meanwhile Michael by Michael Saylor re -rebrandedFalling “Micro” but not the promise of buying as much bitcoin as possible. Soon, James Van Straten reported Blackrock has taken 5% ownership with the company.
News around Ethereum is less rosyAs has happened in a few months now. JPMorgan Ether said unchanged because of competition from rivals like Solana, and because it lacks a compelling narrative (such as Bitcoin), Will Canny report. But Ethereum moved forward with PECTRA upgrading and its cheerleaders Run deeply, even on Wall StreetMargaux Nijkerk said. So better days may be early (definitely Eric Trump tweets a endorsement).
Bitcoin is called the “digital gold” of some, but outside of it, the actual precious metal also moves with cryptocurrencies. The historical run of gold has seen prices beyond the traditional market, which captures crypto gold. The air -highlighting Francisco Rodrigues How and why Tokens such as PAXG and XAut are among the best performing tokens this year, which is more than “digital gold,” due to the bullion rally.
Finally, in an important case for Internet privacy, Alexey Pertsev, one of the developers of Tornado Cash, an Ethereum mixer, was released from the jail waiting for the appeal. He was punished 64 months within the past year. Happy weekend, everyone.
