“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan. Read More at https://cointelegraph.com/news/crypto-turns-contrarian-as-ai-stocks-dominate-investor-attention-bitwise-cio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Cardano’s TapTools to wind down after 5 execs exit
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform. Read More at https://cointelegraph.com/news/cardano-protocol-taptools-winds-down-after-five-execs-exit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK Lords warn BoE could regulate pound stablecoins into irrelevance
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation. Read More at https://cointelegraph.com/news/lords-warn-bank-of-england-not-to-regulate-gbp-stablecoins-into-irrelevance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US lawmakers push back on Labor Department plans to include crypto in 401(k)s
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk. Read More at https://cointelegraph.com/news/democrats-labor-department-digital-assets-retirement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC makes digital assets strategic priority through 2030
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets. Read More at https://cointelegraph.com/news/sec-makes-digital-assets-strategic-priority-through-2030?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto correction vaporized $176B in investor funds: Are bears back in control?
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets? Read More at https://cointelegraph.com/markets/crypto-correction-vaporized-176b-in-investor-funds-are-bears-back-in-control?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto PACs pour $3M into Maryland races as California voters head to polls
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month. Read More at https://cointelegraph.com/news/crypto-pacs-maryland-races-media-buys-california-primaries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Read More at https://cointelegraph.com/news/coinbase-invests-proshares-etf-tailored-stablecoin-reserve-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise
A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case. Read More at https://cointelegraph.com/markets/bitcoins-224k-fair-value-could-emerge-if-sovereign-debt-fears-deepen-bitwise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin gets new $50K target after BTC price crashes 6% in a day
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. Read More at https://cointelegraph.com/markets/bitcoin-gets-new-50k-target-after-btc-price-crashes-6-in-a-day?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound