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Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approv…
XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRP’s spot price slid.At the time of reporting, XRP was trading around $1.86, down more than 8% in the last week. That gap between ETF growth and a falling spot …
In a recent social media post, Elon Musk has opined that energy is the true currency.Bitcoiners have treated this take as an endorsement of the leading cryptocurrency because it validates the core philosophy of proof-of-work money. They see Musk's post as an indirect admission that Bitcoin is the su…
The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders.Expand…
Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would not seek reelection to the Senate in 2026. She was elected to a six-year term and assumed of…
Sen. Cynthia Lummis — a leading force behind efforts to pass sweeping cryptocurrency legislation and to codify a strategic bitcoin reserve — said she will not seek reelection.The Wyoming Republican's term is set to end in January 2027. In a post on X on Friday, she said this past fall had taken a to…
Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice, the US Securities and Exchange Commission said that it had obtained final conse…
CoinDesk Bitcoin Price Index is up $3291.82 today or 3.89% to $87960.93Largest percentage increase since Dec. 2, 2025, when it gained 6.60%Snaps a two day losing streakDown 2.50% this weekWorst weekly performance since the week ending Nov. 21, 2025, when it fell 10.32%Down 3.7% month-to-dateDown 5.8…
SunPump runs an AI-powered on-chain interaction campaign featuring SunAgent. From December 19 to 25, users can interact with the AI agent via wallet-connected commands and share their experience on X to participate in a 500 USDT prize pool. Participation requires completing at least one on-chain int…
Illuvium has opened its Christmas Sale, scheduled to go live on December 19 at 12:00 UTC.The sale includes Arena + Beyond Bundles featuring exclusive seasonal cosmetic items.The offer is strictly limited to 200 Arena bundles and 150 Beyond bundles and will be distributed on a first-come, first-serve…
XRP is trying to end 2025 with a number that sounds easy at first glance but is difficult in reality — a close above $2. The daily Bollinger Bands on the chart by TradingView show why the margin is thin; the price is still sitting under the centerline of the Bollinger Bands range, so the market has…
CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to the data, the amount of ETH held on crypto exchanges has crashed to unexpected lows. The decline coincides with growing institutional accumulation, …