Regulatory Landscape - US Senate Agriculture Committee releases bipartisan crypto market structure draft to regulate digital commodities under the CFTC [1] - New IRS guidance gives exchange-traded products a clear path to stake digital assets [3] - UK's BOE proposes a £20K (20 thousand) cap on individual stablecoin holdings and £10M (10 million) for businesses [3] Market Trends & Investment - Fed Governor predicts stablecoin market could hit $3 trillion (3000 billion) in the next 5 years, potentially pushing down interest rates [2] - Rumble will acquire crypto miner Northern Data in a $767M (767 million) stock deal [3] - Coinbase is launching a token sales platform for retail investors and issuers [3] - Strategy added another 487 $BTC this week, worth about $50M (50 million) [3] - Bitmine bought 110K (110 thousand) $ETH last week, lifting holdings to 3.505M (3.505 million) $ETH worth $12.42B (12.42 billion) [3] - Crypto ETPs saw $1.17B (1.17 billion) in outflows last week [3] Macroeconomic Factors - US Senate advances a funding bill to end the government shutdown [2]
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Cointelegraph·2025-11-11 02:30