Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance. The US Senate Banking Committee has cancelled its markup of a crypto market structure bill slated for Thursday, citing the need for further negotiation. Committee Chairman Tim Scott said late on…
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Major US crypto exchange Coinbase says it has withdrawn its support for the Digital Asset Market Clarity Act, with CEO Brian Armstrong arguing that it would cause far more harm than good to the crypto industry in its current form. “This version would be materially worse than the current status quo. We’d rather have no…
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Cryptocurrency industry leaders, US lawmakers and experts are weighing in on a digital asset market structure bill set for a markup in the Senate Banking Committee on Thursday, and each group has voiced different views about whether to support or oppose certain aspects of the legislation. In a Tuesday notice, Republicans on the Banking Committee,…
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Key takeaways: Bitcoin’s move above $97,000 lacks confirmation in derivatives markets, with the options skew signaling caution toward any sustained rally. Geopolitical risks, falling treasury yields, and weakening equities reinforce a risk-off setting that continues to limit Bitcoin’s upside. Bitcoin (BTC) price surged to its highest levels in more than 60 days after posting a…
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Key points: Bitcoin is showing considerable strength in the short term, opening the gates for a rally to $100,000 and then to $107,500. Select major altcoins are showing strength, but Monero (XMR) is leading from the front. After the sharp rally on Tuesday, Bitcoin (BTC) bulls are attempting to extend the gains above $97,000. The…
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The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation. The foundation behind Zcash (ZEC) said that the US Securities and Exchange Commission (SEC) will not pursue an enforcement action into the privacy coin after the end of an investigation launched…
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Bitcoin’s (BTC) start-of-year recovery continued into the second week of January as the cryptocurrency made fresh 2026 highs above $96,000. The rally confirmed a new higher high structure, and traders are hopeful that a rally above $100,000 is the next target. Bitcoin one-day chart. Source: Cointelegraph/TradingView Key takeaways: Bitcoin secured a daily close above $95,000,…
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Key takeaways The GENIUS Act was designed to keep stablecoins as payment tools rather than savings products. As a result, it bans issuers from paying interest or yield to stablecoin holders. Community banks argue that a loophole exists because exchanges and affiliated partners can still offer rewards on stablecoin balances, even if the issuer itself…
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Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November PPI data. Bitcoin (BTC) spiked to $97,000 at Wednesday’s Wall Street open as crypto markets shrugged off resurgent US inflation. Key points: Bitcoin reaches fresh eight-week highs, shrugging off high US PPI inflation data for November. The Supreme Court…
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Crossmint has secured a Markets in Crypto Assets Regulation (MiCA) authorization from Spain’s securities regulator CNMV to operate as a crypto asset service provider (CASP), positioning it as a regulated stablecoin infrastructure provider across all 27 European Union member states. Miguel Angel Zapatero, Crossmint general counsel, told Cointelegraph that the company was held to “the…
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