US President Donald Trump is reportedly set to sign an executive order that could allow American 401(k) retirement plans to invest in alternative assets outside of stocks and bonds, such as cryptocurrencies. The executive order could be signed sometime this week, the Financial Times reported on Thursday, citing three people who have been briefed on…
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political…
Key takeaways: ETH is increasingly viewed as a reserve asset for the digital dollar economy, with over 54% of stablecoins issued on Ethereum. Fidelity sees Ethereum as a sovereign digital economy, with ETH acting as both a store of value and a medium of exchange. Recent reports argue that ETH’s fee drop was a strategic…
Key takeaways: DOGE formed a double bottom after breaking a long-term downtrend, hinting at a rally to new year-to-date highs. DOGE’s futures open interest, spot volumes, and holders’ profit show rising demand and reduced sell pressure. Dogecoin (DOGE) shows strong signs of rallying higher as technical indicators and onchain metrics align to support bullish continuation….
Key takeaways: DOGE formed a double bottom after breaking a long-term downtrend, hinting at a rally to new year-to-date highs. DOGE’s futures open interest, spot volumes, and holders’ profit show rising demand and reduced sell pressure. Dogecoin (DOGE) shows strong signs of rallying higher as technical indicators and onchain metrics align to support bullish continuation….
As home prices in Australia continue to outpace incomes, a company is rolling out a Bitcoin-backed mortgage, offering crypto holders a new way to access the property market without selling their assets. On Wednesday, Block Earner launched the country’s first Bitcoin-backed home loan after fighting with regulators in court for over two years. The product…
Investment company Canary Capital filed an S-1 application for a staked INJ (INJ) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Thursday. INJ is the governance, staking and utility token for the Injective Protocol, a layer-1 blockchain network focused on decentralized finance (DeFi) operations. One of the main objectives of…
Key takeaways: ETH is increasingly viewed as a reserve asset for the digital dollar economy, with over 54% of stablecoins issued on Ethereum. Fidelity sees Ethereum as a sovereign digital economy, with ETH acting as both a store of value and a medium of exchange. Recent reports argue that ETH’s fee drop was a strategic…
The Nasdaq stock exchange filed an application with the US Securities and Exchange Commission (SEC) on Wednesday on behalf of BlackRock to add staking to the asset manager’s iShares Ether (ETH) exchange-traded fund (ETF). If the application is approved, the fund would give investors exposure to staking rewards accrued from using the underlying Ether as…
Key point: Bitcoin (BTC) has been consolidating after hitting the all-time high of $123,218. Although BTC has not given up much ground, its falling dominance of the total crypto market capitalization shows that money is flowing into altcoins. Will Sui (SUI) be one of the beneficiaries this altseason? Let’s analyze the charts to find out….
