The potential end of the 40-day US government shutdown is decreasing “financial uncertainty” among investors, leading to growing institutional crypto accumulation.
The potential end of the 40-day US government shutdown is decreasing “financial uncertainty” among investors, leading to growing institutional crypto accumulation.
Several XRP ETFs appear on DTCC ahead of potential launches, as the token rallies following US Senate deal to end the longest-ever US government shutdown.
Guidance from the Internal Revenue Service appears to offer additional regulatory clarity for crypto staking through exchange-traded products.
The Senate Agriculture Committee has released a draft bill outlining the proposed regulatory jurisdiction of the country’s two main financial market regulators.
Despite October’s crash, the end of the US government shutdown could bring “bulk approvals” for altcoin ETFs, catalyzing the next wave of institutional inflows, according to Sygnum.
Once a simple stablecoin issuer, Tether now mirrors central bank mechanics with reserves, profits and policy-like decisions.
Bitcoin made major gains on the back of the US government potentially ending its shutdown, while planning to give many Americans a $2,000 tariff “dividend.”
The reopening of the US government could fuel Bitcoin price recovery, as exchange order-book liquidity placed $112,000 on top of the list for bulls.
XRP price recovery may be hindered by stiff resistance at $2.80, as a recent 240% jump in profit-taking highlights investor caution.
ZEC has reached its most overbought reading on record, increasing the risk of a sharp 60% or more correction in the coming weeks.