Crypto news today
Zcash and XRP jump 10%, Bitcoin returns to $80,000
Why it matters: The outcome of the CLARITY Act vote and the Fed's rate decision will determine the market's direction this week.
Bitfinex: Tokenized Stock Debate Goes Beyond Issuer Consent
Why it matters: The debate will determine how tokenized stocks are regulated and what rights their holders will receive.
Bitcoin at $79,200: $107M Short Squeeze Amid BTC Reserve Law Expectations
Why it matters: The short squeeze amplified gains ahead of the CLARITY Act vote and the U.S. bitcoin reserve bill review, with volatility set to persist.
SecondFi Prepares Asset Recovery Tool After $2M Cardano Exploit
Why it matters: Recovering assets without revealing keys sets a standard for compensation after hacks in the Cardano ecosystem.
AVAX Breaks Triangle: $8.70–8.80 Target on UAE Adoption
Why it matters: The breakout on rising volume and national adoption in the UAE could boost demand for AVAX, but holding the $7.00 support will be decisive.
Bitcoin Tops $79,000 Ahead of Fed Meeting, Strategy Didn't Buy BTC
Why it matters: The market is pricing in a Fed rate hike, and the regulator's rhetoric will determine BTC's next move at key resistance of $80,000.
Aave V4: DAO to Cover First Layer of Bad Debt in WETH, USDC, USDT
Why it matters: The mechanism shifts bad debt risk from liquidity providers to the DAO and underwriters, changing the risk model of the largest DeFi lending protocol.
Dormant 13-Year Bitcoin Wallet Moves 113 BTC Worth $8.8M
Why it matters: The activation of old wallets may signal preparation for selling and weighs on market sentiment.
Maryland Attorney General Opposes Crypto Bill
Why it matters: It strengthens state resistance to the federal crypto bill, which could affect its passage.
Analyst: Bitcoin forms bullish pattern, but caution ahead of FOMC
Why it matters: The outcome of the Fed meeting could sharply alter Bitcoin's dynamics despite bullish chart signals.
Balancer proposes shutdown and $9M treasury return to BAL holders
Why it matters: The closure of one of the oldest DeFi protocols signals pressure on the sector and sets a precedent for returning funds to holders.
Grayscale: chances of CLARITY Act passing this year rise to 29%
Why it matters: The CLARITY Act will determine regulation of the U.S. spot crypto market, and rising chances of its passage support market expectations.
Morgan Stanley reaffirms Bitcoin as digital gold thesis
Why it matters: A formal allocation recommendation from a major bank strengthens institutional demand for Bitcoin as a defensive asset.
ETH breaks $2,600, up 3.68% on the day
Why it matters: The break above $2,600 strengthens Ethereum's bullish momentum amid expectations for the Fed decision and the CLARITY Act vote.
Robinhood Chain: TVL hits $1B, daily DEX volume reaches $1.88B
Why it matters: Robinhood Chain's rapid growth intensifies competition with Ethereum and Solana for tokenized assets and liquidity.
StoneX analyst names four growth drivers for Robinhood Chain
Why it matters: The network's growth strengthens Robinhood's position in stock tokenization and memecoin trading, which could support HOOD shares.
SBF says court barred defense from responding to $10B FTX loss claims
Why it matters: The outcome of the Supreme Court appeal could influence evidentiary practices for harm and forfeitures in crypto cases.
XRP could break $1.50 on expectations for CLARITY Act passage
Why it matters: Passage of the law would lower regulatory risks for XRP and could open the way to gains above $1.50.
Tokenized stock trading volume on Base hits $792.2M over 30 days
Why it matters: Tokenized stocks are becoming a notable growth source for Coinbase and Base, intensifying competition for the blockchain equities market.
WLFI proposes voting incentive program for holders
Why it matters: The program could reduce WLFI circulation and boost governance activity, but rewards are not guaranteed and depend on the ecosystem's budget.