Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said late Wednesday that the committee is delaying the markup of cryptocurrency market structure legislation amid opposition from industry figures.‘Brief Pause’ To Establish ConsensusScott said in a statement that the committee is taking a “brief pause” before moving to markup and that all stakeholders involved are “working in good faith.”David Sacks, the White House Crypto Czar, said that the passage of the market structure legislation is “as close as ...

Core Viewpoint - Coinbase has withdrawn support for the Senate Banking Committee's draft market structure bill for digital assets, expressing a preference for no bill over a poorly constructed one [1][2]. Group 1: Legislative Concerns - The Senate Banking Committee introduced a "manager's amendment" to the digital asset legislation, with a markup meeting scheduled shortly after [2]. - Coinbase CEO Brian Armstrong highlighted several issues with the draft, including a de facto ban on tokenized equities, prohibitions on decentralized finance (DeFi) that would allow government access to users' financial records, and amendments that would eliminate rewards on stablecoins [3]. Group 2: Industry Advocacy - Armstrong emphasized the need for a level playing field for cryptocurrency within the financial services sector to foster a safe and trusted industry in America [4]. - The company remains optimistic about achieving a favorable outcome through continued efforts and collaboration with stakeholders [4]. Group 3: Political Engagement - Cryptocurrency sector-backed political action committees (PACs) have emerged as significant fundraisers in the 2024 election season, raising approximately $54 million, primarily from corporate expenditures by companies like Coinbase and Ripple Labs [5]. - Armstrong's engagement with political figures, including a meeting with then President-Elect Donald Trump, indicates the industry's active involvement in shaping regulatory frameworks [5]. Group 4: Upcoming Regulatory Developments - March 2025 is noted as a critical period for the Senate regarding cryptocurrency market regulation efforts, highlighting the urgency of legislative action in the sector [6].

加密货币投资者正以一贯的姿态开启新年：大举涌入比特币ETF。统计数据显示，本周二，持有比特币 的十余只ETF共录得约7.6亿美元资金流入，创去年10月以来最大单日净流入。其中，比特币ETF- Fidelity(FBTC.US)贡献了主要部分，单日吸金3.51亿美元。 这类现货比特币ETF大多于两年前上市，2025年年末受加密货币价格回落影响，曾一度遭遇资金外流。 而在10月比特币、以太坊及其他多种代币集体暴跌之前，由于能为投资者提供便捷参与数字资产市场的 渠道，这类产品一直备受机构和散户投资者青睐。 但比特币价格——至少眼下——已呈现复苏态势，新年以来累计涨幅达10%，重新站上9.7万美元关 口。 分析师Eric Balchunas表示："随着ETF资金持续流入，若后续能延续前日的流入势头，将对币价形成有 力支撑。" 现货比特币ETF自上市以来的两年间，借助比特币价格上涨与加密货币行业日益获得主流认可的东风， 累计吸金超数百亿美元。但在10月加密货币市场暴跌后，这类产品开始面临资金外流压力，此次暴跌也 导致比特币迎来2022年以来的首个年度跌幅。2025年比特币全年跌幅超6%，与股市和贵金属的上涨行 情基本脱 ...

Like other L2 networks, Shibarium can be used to bundle together transactions and process them off-chain at a faster rate than Ethereum's L1 blockchain. Its holders can also "burn" their own tokens to reduce the total circulating supply, which currently sits at 589.5 trillion tokens. However, most of those tokens were burned by Vitalik Buterin, the co-founder of Ethereum, who was gifted over 500 trillion SHIB tokens from Shiba Inu's development team in 2020.Shiba Inu can't be mined like Bitcoin. Its entire ...

Coinbase CEO Brian Armstrong said his company would not support the latest version of crypto market structure legislation in the US Senate, saying it gave too much power to the Securities and Exchange Commission. Other issues Armstrong cited include the bill’s “defacto ban on tokenised equities,” “DeFi prohibitions,” and proposed amendments that would further restrict companies’ ability to pay “rewards” on users’ stablecoin holdings. “We appreciate all the hard work by members of the Senate to reach a b ...

Core Insights - Ethereum (CRYPTO: ETH) has increased by 5.4% in the last 24 hours, contrasting with a decline in the stock market, where the S&P 500 fell by 0.6% and the Nasdaq Composite dropped by 1% [1] - The rise in Ethereum's value follows the release of draft legislation by U.S. senators aimed at establishing a regulatory framework for the crypto industry [1][7] Regulatory Framework - The draft bill seeks to clarify regulatory jurisdiction over digital assets, coming after a significant decline in Bitcoin's value from $126,000 in October to $88,000 by the end of 2025, largely due to heavy selling by long-term holders [2] - Ethereum's blockchain is a leading network for decentralized finance (DeFi) and tokenization, making it particularly sensitive to regulatory developments, which could lead to substantial benefits if the draft bill is enacted [3][7] Market Context - Despite Ethereum's relative stability and established use cases, it remains a risky asset, and investors should be cautious. It is considered a solid option for risk-tolerant investors with a long-term investment horizon [4] - The Motley Fool Stock Advisor has identified ten stocks that they believe are better investment opportunities than Ethereum at this time, suggesting that Ethereum may not be the best choice for immediate investment [5][6]

Core Insights - The financial industry is transitioning from traditional custody, execution, and settlement models to custody-native settlement, with institutions now focusing on which architectural model best fits their operational needs [1][32] Market Developments - Tokenized US Treasuries reached $9.11 billion in November 2025, a significant increase from approximately $1 billion in January 2024, with BlackRock's BUIDL fund holding $2.5 billion across eight blockchains [2][21] - Deutsche Börse Group launched AnchorNote, a custody-native pledging solution, allowing institutional clients to trade across exchanges while keeping assets in regulated custody, marking a significant shift in the market [3][31] - Major acquisitions in the market include Coinbase's acquisition of Deribit for $2.9 billion and Ripple's acquisition of Hidden Road for $1.25 billion, indicating a trend towards vertical integration in the crypto space [4][27] Regulatory Changes - The implementation of MiCA in December 2024 established a comprehensive regulatory framework in Europe, requiring asset segregation and creating a clearer pathway for institutional participation [5][23] - In the US, the SEC rescinded SAB 121 in January 2025, allowing national banks to provide crypto custody without prior approval, further facilitating institutional engagement [5][25] Infrastructure and Technology - Off-exchange settlement infrastructure is emerging to allow assets to remain in custody while facilitating trading across multiple venues, addressing the operational challenges of pre-funding [6][7] - Three primary models for custody-native settlement have emerged: Copper ClearLoop, Fireblocks Off Exchange, and BitGo Go Network, each with distinct advantages and trade-offs [8][32] - Deutsche Börse's AnchorNote utilizes neutral middleware to connect custodians and exchanges, allowing for efficient trading without the need for proprietary custody solutions [15][32] Market Trends and Projections - The institutional crypto custody market is projected to grow from $3.2 billion in 2024 to $27.8 billion by 2033, reflecting a compound annual growth rate (CAGR) of 26.7% [28] - The broader real-world asset (RWA) market, including tokenized Treasuries, is expected to expand significantly, with projections of reaching $2 trillion to $4 trillion by 2030 [22]

The SEC's settlement with Ripple in August 2025 removed the final hurdle, affirming that XRP secondary market sales don't constitute securities transactions, allowing asset managers to allocate without compliance concerns. Five major issuers now offer products: Canary Capital, Bitwise, Franklin Templeton, Grayscale, and 21Shares.What makes this growth stand out is how the capital enters the market. ETF creations require direct spot purchases, moving XRP into custody rather than back onto exchanges. Each all ...

Key Takeaways Stable inflation and movement in crypto legislation has helped boost digital asset prices, according to experts. Shares of crypto-linked stocks including Coinbase and Strategy are echoing bitcoin's recent price gains. Bitcoin has broken out. Can this continue? The world's largest cryptocurrency started to climb meaningfully higher on Tuesday after the Bureau of Labor Statistics's report yesterday showed that inflation remained relatively stable at the end of last year. Bitcoin has ris ...

Core Insights - Bitcoin prices have reached a two-month high, nearing the $100,000 mark, driven by economic reports suggesting potential lower interest rates and advancing pro-crypto legislation [1][4] - The overall crypto market has seen a significant increase, with an aggregate market value rising from $3.17 trillion to $3.3 trillion, adding approximately $161 billion in value [3] Price Movements - Bitcoin's price increased by 3.5% in the last day to around $96,755, marking an over 8% rise since a recent low of $90,383 [1] - Other cryptocurrencies also experienced gains, including Ethereum (4.6%), XRP (1.6%), Solana (2.2%), and Dogecoin (3.1%) [2] Economic Influences - The rise in crypto prices is attributed to a mixed jobs report and lighter-than-expected inflation data, which have bolstered expectations for the Federal Reserve to lower interest rates [4] - Historical trends indicate that cryptocurrency prices tend to rise during periods of lower interest rates, as seen during the pandemic when Bitcoin surged from $5,000 to around $69,000 [4] Legislative Developments - The Senate is progressing towards advancing the Clarity Act, which aims to clarify the regulation of digital assets by the SEC and CFTC, potentially impacting the crypto market positively [4] - Previous legislative efforts during the Trump administration significantly boosted Bitcoin prices, with Bitcoin reaching over $120,000 when pro-crypto legislation was promoted [5]