Reason to trust
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Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg…
Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins.The move pushed Circle's stock…
In brief
Coinbase and Circle shares jumped double digits following Senate passage of the GENIUS Act, which could bring regulatory clarity to stablecoins.
The companies split interest revenue from USDC reserves—$297M for…
In brief
The House Financial Services Committee has advanced the CLARITY Act in a 32-19 vote.
The House Agriculture Committee also passed the bill 47-6 on Tuesday.
If passed in Congress, the Act…
Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision.In a June 5 resolution,…
Argentina’s Anti-Corruption Office has cleared President Javier Milei in the Libra crypto controversy, saying he didn’t break any public ethics rules. The investigation looked into a post-Milei made back in…
In brief
Aave’s token surged 20% as Congress advanced the GENIUS Act, a bill that could bring regulatory clarity to stablecoins.
The protocol, which supports lending and borrowing of major stablecoins, recently…
AAVE's explosive rally broke through multiple resistance levels with increasing trading volume, particularly during the late-night hours when it surpassed the $250 psychological barrier.The cryptocurrency has established support around $240…
Key Takeaways:U.S. Senate passes motion to advance the GENIUS Act with a 66-32 voteOver 15 Democrats, including Cortez Masto and Adam Schiff, reversed their initial stanceThe GENIUS Act aims to…