Politics
This small House Republican caucus held US stablecoin bill hostage until Trump cracked the whip
Trump brokers GOP truce to save 'Crypto Week' and secure progress on digital asset bills.
Liam 'Akiba' Wright 3 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.4%
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Technology
Coinbase and Ripple execs join California officials to streamline state operations
Separately, Coinbase is backing federal political efforts through Fairshake, contributing $25 million to mid-terms.
Crypto
GameStop CEO says firm’s Bitcoin bet is an inflation hedge, not long-term strategy
GameStop CEO emphasizes capital discipline with strategic Bitcoin hedging, not crypto expansion.
Latest US Crypto News & Analysis
Deals
Cantor Fitzgerald SPAC nears $4B deal with Blockstream’s Adam Back to amass 30,000 Bitcoin
Combined with the Twenty One Capital SPAC, Cantor could accumulate nearly $10 billion in Bitcoin this year.
Politics
Fairshake secures $141M to champion pro-crypto candidates
Critics says Fairshake is using its funding announcement to pressure Congress during pivotal 'Crypto Week.'
ETF
ProShares debuts 2x leveraged daily exposure to Solana and XRP in new ETFs
Both funds track futures contracts rather than holding the underlying tokens, mirroring the structure ProShares uses for its Bitcoin and Ethereum offerings.
Legislation
House rejects crypto rule package despite Trump’s call, push for second vote later today
Despite the rejection, a second vote on the proposals might happen later today.
Stablecoins
JPMorgan to test stablecoin services alongside proprietary deposit token in bid to speed settlements
Jamie Dimon framed the decision as defensive, as fintech companies already design products that mimic checking accounts, payments networks, and loyalty platforms.
Legal
DOJ and CFTC end probes into Polymarket, clearing path for potential registration
Shayne Coplan said the platform “cooperated and engaged” with authorities and “has been cleared of any wrongdoing,” adding that “justice prevailed.”
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Analysis
Bitcoin slips below $120k amid US inflation concerns and $461 million liquidation storm
Exchanges
Coinbase’s $100 billion milestone sparks trillion-dollar company speculation
Stablecoins
Ripple expands RLUSD globally as US Fedwire shift and EU MiCA compliance align
Analysis