Author: John Smith
SEC cuts payment stablecoin haircuts to 2%, boosting on‑chain settlement economics for broker‑dealers. Summary New SEC FAQ says staff “would not object” if broker‑dealers apply a 2% capital haircut to qualifying payment stablecoins, versus the prior de facto 100% deduction. The shift follows the GENIUS Act, aligning compliant stablecoins with conservative money market funds and enabling $100 of tokens to count as $98 toward net capital. BTC trades near $68.1k on ~$33B volume, ETH around $1.96k on ~$18B, while USDT holds $1 with roughly $57B–$68B in 24h turnover as the largest dollar‑linked stablecoin. The Securities and Exchange Commission has quietly…
Bitcoin and most altcoins, including popular names like Dogecoin, Shiba Inu Coin, and XRP, were in the green today, February 20, as investors bought the dip after some key catalysts. Summary Bitcoin and most altcoins rose on Friday, with the market capitalization of all tokens rising to over $2.3 trillion. The rally happened after the Supreme Court ruled against Donald Trump’s tariffs. They also rose after the latest US GDP report, which showed that the economy slowed in Q4. Bitcoin (BTC) jumped to $68,000, while Dogecoin (DOGE), Shiba Inu Coin (SHIB), and Ripple (XRP) rose by over 4%. The market…
The crypto market staged a cautious recovery on Friday after the US Supreme Court ruled against Donald Trump’s tariffs. Summary The crypto market rose after the Supreme Court struck down Donald Trump’s tariffs. Bitcoin and most tokens rose modestly, while the stock market erased the earlier losses. The ongoing recovery may be short-lived as Trump has tools to implement tariffs. Bitcoin (BTC) price rose to $68,200, while the market capitalization of all coins rose by close to 1% to over $2.3 trillion. Some of the gainers in the crypto market were Kite, Morpho, LayerZero, and Render, which rose by over…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With over half of all ETH now staked, platforms like SolStaking are positioning themselves to serve investors shifting from short-term trading toward structured yield strategies. Summary More than 50% of Ethereum’s circulating supply is locked in staking, signaling a market shift toward long-term participation and reduced liquid supply. SolStaking offers fixed-term automated staking plans executed via smart contracts, targeting predictable returns and hands-off participation. Its infrastructure emphasizes institutional safeguards, including audits by PwC and custody insurance from Lloyd’s of…
Longtime Bitcoin critic Peter Schiff has reignited debate over the cryptocurrency’s outlook, warning that a break below $50,000 could trigger a steep drop toward $20,000, an 84% decline from its all-time high. Summary Peter Schiff warned that if Bitcoin breaks below $50,000, it could fall to $20,000 — an 84% drop from its all-time high — urging investors to “sell Bitcoin now.” Schiff argued that while Bitcoin has suffered similar drawdowns before, the current market carries greater risk due to increased leverage, institutional ownership, and overall market size. His comments sparked backlash on X, with users pointing to his long…
A federal judge in Tennessee has granted a preliminary injunction preventing state officials from enforcing gambling laws against prediction market platform Kalshi, marking a significant win for the federally regulated exchange in its escalating legal battles with state regulators. Summary A Tennessee federal court granted a preliminary injunction blocking the Tennessee Sports Wagering Council from enforcing state gambling laws against Kalshi while litigation continues. U.S. District Judge Aleta A. Trauger signaled Kalshi is likely to succeed in arguing its sports event contracts fall under federal derivatives law regulated by the Commodity Futures Trading Commission, not state betting statutes. The ruling…
Crypto traders are bracing for fresh volatility as the U.S. prepares to release December Personal Consumption Expenditures (PCE) data, the Federal Reserve’s preferred inflation gauge, later today. Summary Forecasters anticipate both headline and core PCE rising 0.37% in December (4.5% annualized), pushing core to 3.0% year-over-year — the highest since February 2025 — and headline to 2.9%, the highest since March 2024. BTC is trading around $67,852, up 1.27% on the day, with RSI at 36.86, recovering from oversold levels but still showing muted momentum as traders await macro direction. The BTC/ETH ratio stands at 34.5806, reflecting continued Bitcoin dominance…
AAVE is holding the $120 demand zone as real-world asset deposits on Aave cross $1 billion, indicating rising institutional demand. Summary Aave price is hovering near the mid of its weekly range, up 10% but still down over the past month. Real-world asset deposits on Aave Horizon have surpassed $1B. $135 remains the key resistance level for a confirmed bullish shift. Aave (AAVE) was trading at $123 at press time, up 0.6% in the past 24 hours. The token sits near the middle of its weekly range between $110.29 and $131.29. It has gained 10% over the past week, though…
XRP slips below support as funding drops ~80% today on bearish leverage. Summary XRP funding rate dropped nearly 80% on Thursday, signaling aggressive short bias and sustained downside positioning in derivatives markets. Open interest declined alongside negative funding, showing leveraged traders are de-risking as spot price trades below its short-term moving average and key Fibonacci support. XRP trends lower with RSI nearing oversold while crypto Fear & Greed prints “Extreme Fear” and BTC dominance climbs, pointing to rotation away from altcoins. Daily XRP (XRP) funding rates declined nearly 80% on Thursday, February 19, according to derivatives market data, indicating continued…
Blockchain analytics firm Arkham Intelligence says the United Arab Emirates has amassed approximately $700 million worth of Bitcoin through state-linked mining operations. Summary Arkham Intelligence says UAE government-linked wallets contain roughly 6,300 BTC worth about $700 million. The holdings stem from industrial-scale mining via Citadel Mining, not seizures or open-market purchases. With an estimated 9,300 BTC mined in total, the UAE ranks near sixth globally among publicly identified government Bitcoin holders. UAE amasses $700M BTC war chest via state-linked miner According to Arkham’s on-chain research, wallets identified as controlled by the UAE government hold around 6,300 Bitcoin (BTC), valued near…