Altcoin ETFs approval ‘to 90% or higher,’ Bloomberg analysts predict
Bloomberg analysts predict a 90%+ chance of altcoin ETF approvals as SEC engagement increases. Despite market downturns, institutional interest in altcoins like Solana and XRP remains strong.
‘Public Good’: Wyoming Plots August Debut for WYST Stablecoin – Decrypt
Wyoming plans to launch its state-backed WYST stablecoin on August 20 at the Wyoming Blockchain Symposium. The stablecoin, pegged to the US dollar, will support multiple blockchains and fund education through interest earnings.
Interest Rate Showdown: Trump vs. Powell, Massie vs. the Fed – Economics Bitcoin News
President Trump criticizes Fed Chair Powell over interest rates, while Rep. Massie questions the Fed’s influence. The debate highlights concerns about U.S. monetary policy and economic competitiveness.
Czech Government Survives No-Confidence Vote Over $45M Bitcoin Donation
The Czech government survived a no-confidence vote after accepting a $45M bitcoin donation from a convicted criminal, sparking controversy over potential money laundering.
Private Banker Faces Lifetime Industry Ban After Allegedly Stealing $3,437,536 From Customer Accounts Over Three Years: OCC – The Daily Hodl
The OCC has banned a former private banker for allegedly stealing $3.4M from customer accounts over three years. William Garrow faces 71 months in prison and must pay restitution.
XRP News Today: Ripple Accused of Delaying Lawsuit as SEC Seeks Relief—What’s Next for XRP? – Brave New Coin
Ripple and the SEC seek to modify legal remedies in the XRP lawsuit, with Ripple pushing to lift an injunction on XRP sales. The SEC is cooperating, signaling a potential shift in enforcement.
Federal Reserve Governor Says Interest Rate Cuts Could Materialize As Early as July – The Daily Hodl
Federal Reserve Governor Christopher Waller suggests potential interest rate cuts as early as July, citing favorable inflation trends, though the FOMC may not fully agree.
FedNow Rumors Debunked: XRP Not Used in Fed’s Payment Network News ETHNews
Ripple lawyer Bill Morgan debunks rumors of U.S. government seizing XRP from escrow or using it in FedNow. XRP’s recent price decline is attributed to market correction and profit-taking.
US Treasury Secretary Predicts 15x Stablecoin Growth — Bitcoin ‘Super Cycle’ To Follow? | Bitcoinist.com
US Treasury Secretary predicts stablecoin market could grow to $3.7 trillion, potentially fueling a Bitcoin super cycle. Analysis links stablecoin liquidity to BTC price rallies.
Court Clears Haru Invest CEO of $650M Fraud Charges
South Korean court acquits Haru Invest CEO Lee Hyung-soo of $650M fraud charges, citing lack of criminal deception proof. COO Kang Mo convicted of embezzlement. FTX collapse contributed to losses.
