Analysis
Legislation
Congressman Tom Emmer revives anti-CBDC bill, calls digital dollar a ‘surveillance tool’
House Majority Whip Tom Emmer reintroduces a bill to ban development of a federal CBDC, citing privacy concerns and potential government overreach.
Exchanges
Coinbase plans US market leap with tokenized securities initiative
Coinbase sees potential for tokenized securities as regulatory landscape evolves under the Trump administration.
Adoption
Robinhood CEO touts blockchain as antidote to stock market inefficiencies
Tenev believes blockchain can unlock round-the-clock trading for stocks, mirroring the efficiency of crypto markets.
Adoption
Bitwise CIO predicts Bitcoin likely to predominant core of US crypto reserve
Hougan argued that Trump's US crypto reserve will predominantly be made up of Bitcoin and will likely be larger than anticipated.
Analysis
Bitcoin faces continued downside risk amid geopolitical uncertainty – StanChart
Kendrick said that Bitcoin's recovery reliant on geopolitical stability and strategic influences despite signs of a bottom.
Analysis
Bitcoin reclaims $88k to reverse the day’s losses amid market turbulence
Bitcoin and the wider crypto market rebounded from losses as fears over Trump's crypto reserve announcement ease.
Legal
US court delays Do Kwon hearing as prosecutors unveil 4 terabytes of evidence
Prosecutors presented 4 terabytes of new evidence that needs to be reviewed, prompting court to delay Do Kwon's hearing for review.
CBDCs
Israel joins global CBDC discussions with digital shekel proposal
The Bank of Israel is exploring a multipurpose digital shekel amid ongoing public consultations and technical trials.
Regulation
SEC concludes Yuga Labs, Bored Ape Yacht Club investigation with no charges
The SEC's decision marks a significant regulatory victory for Yuga Labs, indicating a shift in the agency's stance on NFTs as non-securities.
Adoption
Saylor predicts Bitcoin’s monumental rise under Trump’s crypto initiative
Saylor envisions Bitcoin as a transformative asset with a potential $200 trillion market cap, advocating its inclusion in a US strategic reserve to bolster the crypto industry.
Regulation
House lawmakers launch bipartisan Congressional Crypto Caucus to mobilize legislative support
The Congressional Crypto Caucus aims to overcome bipartisan hurdles and establish clear digital asset guidelines to benefit the industry.
Analysis
StanChart warns of further downside for Bitcoin over the weekend akin to August 2024
Standard Chartered sees parallels to past Bitcoin sell-offs amid volatile weekend projections.