The GENIUS Act promises safer, fully reserved dollar stablecoins and faster payments, but by steering issuers toward T-bills and cash, it may also hardwire a new demand engine for US debt.
Republican leaders released a final staff report going over claims of debanking by federal regulators in what some have called «Operation Choke Point 2.0.»
Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%.
FDIC acting chair Travis Hill will inform the House Financial Services Committee that the regulator plans to propose how it will apply the GENIUS Act this month.
Buterin warns that quantum computers could threaten Ethereum’s cryptography sooner than expected and outlines how the network can prepare safely.
Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000.
Ether price held $2,800 support amid ETF inflows and undervalued signals, but $3,000 resistance and Bank of Japan rate hike fears stopped the recovery.
Bitcoin’s first monthly MACD rollover this cycle, alongside onchain data, raised the odds of a deeper pullback, as BTC price forecasts now include the mid-$60,000s.
Bitcoin fell further thanks to Wall Street selling pressure, while analysis predicted a key few days for the 2025 BTC price candle.
Bitcoin’s decline to $84,000 was driven by US dollar stablecoin concerns, a weakening global macroeconomic outlook and other factors beyond Japan’s bond market stress.