Major US Banks Mulling Joint Stablecoin Venture: Report

Major US banks, including JPMorgan and Bank of America, are discussing a joint stablecoin venture to compete with crypto, pending legislation and market demand.
Toobit: Unpacking A Full-Service Crypto Exchange For Modern Traders | Bitcoinist.com

Toobit is a rising crypto exchange offering flexible trading modes, API integrations, copy trading, and low fees. With 3M users and $15B daily volume, it caters to both retail and institutional traders.
From Wall Street to Crypto: Sebastian Bea on the Institutional Playbook for Digital Assets – Interview Bitcoin News

Coinbase’s Sebastian Bea discusses the Bitcoin Yield Fund for institutional investors, evolving crypto attitudes, bitcoin ETFs’ impact, and macroeconomic trends driving adoption as a store-of-value asset.
Illicit Bitcoin Service Lands US Man 6-Year Sentence, Must Surrender $1.5M

A Massachusetts man was sentenced to six years in prison for running an unlicensed Bitcoin operation that laundered money for scammers and drug dealers, forfeiting $1.5M in proceeds.
US big banks hold early talks on joint crypto stablecoin: WSJ

Major US banks including JPMorgan, Bank of America, Citigroup, and Wells Fargo are in early talks to jointly issue a crypto stablecoin, amid regulatory developments and growing stablecoin demand.
Trump’s Meme Coin Dinner Draws Protests Calling For End to ‘Crypto Corruption’ – Decrypt

Protesters gathered outside Trump’s meme coin dinner, calling it ‘crypto corruption.’ Advocacy groups organized the event, while Democrats introduced a bill to ban presidents from crypto ownership during their terms.
Anthropic’s debuts most powerful AI yet amid ‘whistleblowing’ controversy

Anthropic launched Claude Opus 4 and Claude Sonnet 4, its most powerful AI models yet, amid controversy over a testing feature that reports users for ‘immoral’ behavior.
CFTC to Greenlight Crypto Perpetual Futures ‘Very Soon’: Outgoing Commissioner

CFTC outgoing commissioner Summer Mersinger suggests crypto perpetual futures will soon be approved in the US, highlighting benefits for the industry and economy.
U.S fiscal crisis boosts Bitcoin’s appeal – Is it finally the new safe haven?

Bitcoin hit a record high as U.S. fiscal debt concerns weakened traditional markets, with experts suggesting BTC may now be a safe-haven asset like gold amid economic uncertainty.
Bitcoin Exchange Activity Declines Sharply Since July 2022 – Accumulation Or Apathy? | Bitcoinist.com

Bitcoin exchange activity has sharply declined since July 2022, with weekly trading volumes dropping from 2.9 million BTC to 426,000 BTC. This suggests long-term holding behavior and reduced sell-side liquidity, potentially fueling bullish momentum amid current price surges.