today at Coinbase uh backed off a little bit, but what are we expecting. Yeah, Mike, analysts anticipating a weak quarter of trading following that exuberance that we saw in Q1 as traders were of course still celebrating the new pro crypto Trump administration and all of the policies that would be to come. Come April, however, as Washington's focus shifted to tariffs, uh we saw speculative trading by retail slowed across centralized exchanges, including Coinbase, and it was inflows into crypto ETFs and buyi ...

Regulatory Landscape - The Genius Act establishes the first federal regulatory framework for stablecoins [1] - The Clarity Act creates a framework for categorizing digital assets as securities or commodities [1] - The Anti-CBDC Surveillance State Act prohibits the Federal Reserve from launching a central bank digital currency [2] Market Outlook - The industry views 2025 as a pivotal year for Bitcoin and crypto, marking a shift towards mainstream acceptance [2] - Wall Street banks are recognizing the need to actively participate in the crypto industry [3] - The industry anticipates mass adoption and a new era of distribution for Bitcoin and crypto assets [3] - Financial organizations are expected to package and integrate crypto assets into customer portfolios [4] - Recent legislative wins have created an environment conducive to the further development and integration of crypto [4] - A race has begun among financial firms to capitalize on the opportunities presented by crypto [4]

Today, Goldman Sachs and VNY team up on tokenized money market funds. Crypto custodian Bitco confidentially files to go public. And the CEO of OKXUS breaks down what regulatory advancements here in the states means for the crypto exchange.Welcome to CNBC's Crypto Worlds. I'm Tana McKiel. Digital currencies in the red this morning.By noon Eastern, Bitcoin slipped around a quarter of 1% to $118,600. Ether fell nearly 2% back to the $3,600 level. And Salana dropped 4.5% to $192.Okay, let's talk about the top s ...

Investors everywhere look to the charts to forecast the next market move, but they're often looking in the wrong place. You're looking in the wrong place. And that's because big money is moving behind closed doors through the over-the-counter or OTC market. And that's why when we saw a recently published report revealing the activity of OTC traders, we knew we had to cover it. So today we'll break down this report for you in simple terms and tell you what it could mean for the crypto market. My name is Nick ...

If you guys have been watching the videos, we have been tracking stable coins and tokenization closely. And the reason why is because these two are really directly correlated with one another. Stable coins enable almost everything around crypto.Um, think of them as pretty much the lifeline for everything, right. Because stable coins are liquidity for this market. Um, you utilize stable coins to transact with to tap into DeFi protocols for like liquidity pools, lending and borrowing.you name it. And stable c ...

A newly formed entity called the Ether Machine has entered into a business combination this morning. An agreement with a specialurpose acquisition company called Dynamix to go public. Purpose of all this creating an institutional Ethereum platform that is aimed at managing one of the largest Ethereum balance sheets out there.Joining us right now is Andrew Keys. He's co-founder and chairman of the Ether machine. Good morning to you.Uh this is sort of a fascinating transaction and a new fascinating uh public ...

Market Trends & Investment Opportunities - Financial services and crypto are converging, with Ethereum playing a crucial role [1][5] - A treasury vehicle is being created to accumulate Ethereum, aiming to secure and influence the network [1][6] - Stable coins, currently at $250 billion, could potentially reach $2 trillion, significantly impacting Ethereum network fees and dollar dominance [10][11] - The initiative is positioned as an early-stage investment opportunity, akin to getting in on Bitcoin early [1][10] - Robinhood is launching Ethereum and Solana staking for US users, aiming to surpass Coinbase in the crypto space [2] Company Strategy & Financial Details - Bitmine is undertaking a $250 million private placement, with all proceeds allocated to purchasing Ether [11] - The company's strategy revolves around the amount of Ethereum held per share, currently valued at $4 [13][14] - The company aims to increase its Ethereum holdings through yield generation, financing transactions, and appreciation in Ethereum's value [14] Ethereum's Role & Validation - Ethereum is considered the backbone of the stable coin industry [6] - Staking Ethereum is seen as a way to secure the fidelity of stable coins, particularly for entities like Goldman Sachs and JP Morgan [7][8] - Ethereum is a high-quality blockchain network, handling over 51% of stable coins and generating 30% of all fees on the Ethereum network from stable coin revenue [8]

Why don't we talk a little bit about where the markets stand overall right now. Because we're looking at both the S&P 500, the NASDAQ, and the NASDAQ 100, all closing at new highs again on Friday. It's the best quarter uh for technology since the second quarter of 2020.What's happening, and how do you see this playing out. Well, this is still the most hated V-shaped rally. And it of course has a lot to do with when stock stocks fell in a waterfall decline into April.Nobody likes to be sitting on stock. So a ...

Market Sentiment & Investment Opportunities - The crypto market is perceived to be in a "last chance zone" for current price levels, suggesting a potential upcoming bull run [1][2] - Rate cuts by the Federal Reserve are anticipated, which are expected to positively impact altcoins [3][4] - The market is shifting from retail-driven to Wall Street institutions and nation-state driven [1] - A specific altcoin, DMC (Delorean token), is highlighted as a promising project within the SUI ecosystem, having launched successfully [6] Regulatory Landscape & Institutional Adoption - The Federal Reserve is facing increasing questions about Bitcoin and crypto, with the Fed chair's responses being viewed as positive for the crypto market [7] - The Fed has removed "reputational risk" as a component in bank exams, seen as a positive step to depoliticize bank oversight, potentially encouraging bank involvement in digital assets [8][12] - Visa is expressing bullish sentiment on crypto and stablecoins, actively building infrastructure to embrace them [16][17] - The Genius Act has passed the Senate and is expected to pass the House, providing regulatory clarity for stablecoins [17] - The crypto market structure bill (Clarity Act) is considered a significant development that could allow exchanges to register with the CFTC, potentially reducing SEC oversight [18][20] Technological Evolution & Future Trends - Crypto is viewed as the next stage in the evolution of financial services, with shared infrastructure replacing traditional business logic [25][26] - The Robin Hood CEO believes that Bitcoin and crypto will replace traditional finance [23]

All right, five things to know ahead of today's opening bell. Israel and Iran trading air strikes for the sixth straight day. Current and former Trump administration officials tell NBC News that the president is considering a range of options, including a possible US strike on Iran.Amazon's chief exe executive Andy Jasse says that the company's corporate workforce will shrink in the coming years as Amazon adapts adopts more generative AI tools and agents. In a memo to employees, Jasse said, "We will need fe ...