Today, Bitcoin rises after the Senate passes a deal to bring the government shutdown to an end. We explain why the Trump administration wants to allow cryptobacked mortgages. And Sam Callahan with Orange BTC breaks down what's driving Bitcoin's price as the Senate deal brings the government closer to reopening.Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos. Bitcoin is in the green to kick off the week after senators took a critical step toward a potential deal to end the historic US government shutd ...

Closing bell market zone. Mackenzie Sagallos is breaking down some big moves in the crypto space. K.Rogers looking at restaurant stocks. They are feeling the heat big time this week and 314's Warren Pies is helping us close down the countdown into the close. Mac, we start with you.>> Scott, crypto markets are rebounding to close out what has been a choppy week of trade that saw Bitcoin slip below that key $100,000 threshold midweek as macro uncertainty weighed on risk assets. Now on the institutional side, ...

Steve Leeman, our senior economics correspondent, joining us with that. What do we know here, Steve. >> Uh, interesting comments from Steven Myron, the new Fed governor who is on a leave of absence from the administration about stable coins and the potential effect on monetary policy.He calls stable coins could be the multi-mill trillion dollar elephant in the room for central banks. Stable coins, he says, uh, could reach 1 to3 trillion dollars by the end of the decade, the uptake of it that is. and stable ...

Today, crypto prices take a break from this week's sell-off. A panel of federal judges expressed doubts they should grant an appeal of Sam Bankman Freed's fraud conviction. And Brad Garlinghouse, the CEO of Ripple, breaks down the company's growth plans from the firm's Swell Conference in New York City.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies are getting some reprieve after the two-day selloff which brought Bitcoin below $100,000 for the first time in four months yesterday.As ...

also Prediction Markets are denominated in stable coinsno draw down effects them.wonderful ...

Operational Error & Response - Paxos experienced a "technical error" that resulted in the minting of $300 trillion worth of stablecoins, an amount more than double the world's GDP [1] - The minting was a manual error, considered serious and regrettable by Paxos [2][3] - No customer funds were impacted, and no funds left Paxos' internal systems [3][4] - The mistakenly minted stablecoins were caught and rolled back within minutes [7] - Paxos has heard from partners and regulators and is working to rebuild trust through transparency and honesty [15][16][17] - Changes have already been made and more are committed to as a result of the incident [14] Blockchain & Transparency - The blockchain's transparency allowed for the detection of the error, even though it was internal [4][5] - Blockchain transparency can illustrate problems, but also leads to a more trusted financial system over time [9][10] - Blockchain provides more transparency than traditional systems, allowing understanding of ownership and potentially reducing fear during crises [9][13] Stablecoin & Market Confidence - Headlines about stablecoin errors may make people nervous about their durability and ties to the dollar [8] - Paxos emphasizes that the incident was an internal process mistake and that the company has been a stablecoin issuer for 7-8 years, minting over $160 billion [8][14] Binance & Industry Trust - The CEO of Paxos shared his opinion on the fairness of the treatment of CZ from Binance, stating that sending him to jail was not the right approach [18][19] - The CEO of Paxos acknowledged that Binance could have done things better [20]

Market Trends & Investment Opportunities - Gold is up approximately 50% this year, while Bitcoin is up about 33%, but historically Bitcoin Q4 returns average 60% [1][13] - Since 2020, the S&P is up 100%, but priced in Bitcoin, it is down 90%, indicating Bitcoin's potential as a hurdle rate for investment returns [8] - Bitcoin is increasingly being held in illiquid supply, suggesting long-term holding strategies among investors [10][11] - The market is evolving towards a digital financial ecosystem where Bitcoin serves as a savings account, stablecoins as a checking account, and other assets for brokerage accounts [23] Bitcoin's Value Proposition - Bitcoin's simple narrative of being a hedge against currency debasement is attractive to investors [6][7] - Bitcoin is backed by computing power, which is considered the most valuable commodity in the world [22] - Central banks and institutions are increasingly considering holding Bitcoin as part of their treasury reserves [15] Company Strategies - Some companies are adopting Bitcoin as a treasury reserve asset and building products/services to acquire more Bitcoin [18][19] - Companies aim to build financial institutions that focus on accumulating Bitcoin rather than dollars on their balance sheets [20]

Market Trends & Regulatory Landscape - Crypto is on a path to tens of trillions of dollars in market cap and significant adoption, confirmed by the SEC, the Fed, the OC, and central bankers [3] - Stablecoins are poised to reduce reliance on banks and potentially "eat up" the banking industry [6][7] - Institutional investors globally increased their allocations to digital assets and intend to continue to do so throughout 2025 [9] - Over three-quarters (75%+) of surveyed investors expect to increase their allocations to digital assets in 2025, with 59% planning to allocate over 5% of assets under management to digital assets or related products [10] - 84% of institutions are either already utilizing or expressing interest in utilizing stablecoins [11] - The industry is awaiting news from the President's Working Group on Digital Asset Markets, as well as Senate and House subcommittees on digital assets, and increased regulations like the Genius Act and the Clarity Act [12][13] Quant Network's Role & Technology - Quant Network is positioned as a key player enabling the future of finance, particularly in interoperability [7][21][35] - Quant Fusion is an institutional layer 2.5% rollup network designed to unify fragmented markets and enable seamless asset issuance, upgrade, and trade [17][18][19] - Quant's Overledger enables interoperability between enterprise permissioned (private) and public permissionless blockchains [24][37] - Quant, along with XDC and HBAR, were invited to SIBOS 2025, indicating their recognition as leading enterprise DLTs by Swift [26] - Quant is going all-in with programmable money, with a panel at SIBOS titled "Institutional Money in Transition, Real-time Programmable, and Sovereign" [27]

Got ALL the alpha ahead of@ADIChain_ ‘s main net launch.Thanks to the DeFi lead at the foundation.We covered…- Why stable coins?- Just HOW FAST && HOW CHEAP will these chains for governments be?- When TGE!? https://t.co/ifu0XBOHP4Easy (@EasyEatsBodega):Unreal opportunity to be able to speak with the CMO of @ADIChain_Mohammad RajabWe discussed- What is ADI?- What is with the stablecoin focus?- Why Abu Dhabi for target region?&& let me tell ya, it’s fascinating. https://t.co/BP8RDAUha0 ...

Today, Bitcoin and Ether climb after private payroll saw their biggest drop in more than two years. The co-founder of Tornado Cash asks a federal judge to dismiss conspiracy charges. And Summer Mercinger, the CEO of the Blockchain Association, explains a letter sent to lawmakers warning against efforts to roll back the Genius Act.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies are in the green following the latest release of private payrolls data from ADP which showed the biggest de ...