‘There is no legitimate use case for crypto’ — US Representative Stephen Lynch
US lawmakers criticize crypto as a scam, advocating for CBDCs while opposing anti-CBDC legislation. They claim crypto facilitates illegal activities and lacks legitimate use cases, amid global CBDC debates.
XRP Price Hits 6-Month High as Open Interest Soars to Record Levels – Decrypt
XRP price surged to a six-month high as open interest for perpetual futures hit $8.8B, reflecting bullish sentiment. Analysts cite retail interest and regulatory tailwinds as key drivers.
Republican Lawmaker Votes NO On GENIUS Act Over Missing CBDC Ban – Details | Bitcoinist.com
The US House rejected the GENIUS Act due to missing CBDC ban provisions, sparking debate on crypto regulation. Rep. Greene opposed it over privacy concerns, while Trump remains optimistic about future passage.
Cardano in Line For Institutional-Grade Upgrade Via Apex Fusion and Well-Typed Partnership
Apex Fusion and Well-Typed partner to enhance Cardano’s ecosystem with institutional-grade upgrades, focusing on VECTOR for improved DeFi and institutional use.
Roman Storm prosecutors seek to block testimony on crypto kidnappings
Prosecutors in Roman Storm’s trial seek to block testimony about crypto-related kidnappings, arguing it’s irrelevant and inflammatory. Storm faces charges tied to Tornado Cash operations.
Liquidity Unification Breakthrough: Tether’s USDT0 Launches on Bitcoin’s Rootstock! News ETHNews
Tether launches USDT0 on Bitcoin’s Rootstock via LayerZero, unifying liquidity across blockchains. This enables tighter spreads, deeper order books, and simplifies BTCFi app development with a single stablecoin.
SOL news update: Will multi-exchange liquid staking trigger rally to $185?
Liquid Collective launched a liquid staking token on Solana (SOL) with major exchange partners. SOL’s price shows bullish signals, potentially reaching $185 if resistance breaks, but risks remain if it falls below key support levels.
You Won’t BELIEVE Ethereum’s Next Move: Sub-10s Proofs & Censorship-Proof Nodes To Trigger Institutional Domination News ETHNews
Ethereum’s roadmap focuses on ZK-powered scalability with sub-10-second proofs and censorship-resistant nodes, backed by Cathie Wood. The foundation aims for institutional adoption through efficient validation and decentralized verification.
Crypto Bills Create A Casino For Billionaires: Rep. Maxine Waters
Rep. Maxine Waters criticizes Republican-led crypto bills, calling them a ‘casino for billionaires’ and warning of risks to consumers and the financial system while targeting Trump’s crypto ties.
Is Altcoin Season finally here? ETH Leads the Altseason Surge as Bitcoin Steadies – Brave New Coin
Altcoin season appears to be emerging as Ethereum and other Layer-1 tokens surge with double-digit gains, signaling a shift from Bitcoin dominance and memecoin hype to projects with fundamentals.
