Bitcoin price consolidation after a powerful rally to record highs is normal. Will the current bull pennant confirm and send BTC beyond $136,000? Source: cointelegraph.com (Read Full Article)
XRP tanks 10% but ATH comeback is still in play: Bitpanda exec
A crypto executive says it is “difficult to pinpoint” exactly where XRP is going, but reclaiming levels above the current all-time high is not off the table. Source: cointelegraph.com (Read Full Article)
Republicans propose 7% leaner SEC budget compared to Biden’s era
House Republicans have proposed a plan to trim the SEC’s budget and cut enforcement funding for a Biden-era rule requiring public companies to quickly report cyberattacks. Source: cointelegraph.com (Read Full Article)
Western Union joins stablecoin race, eyes crypto partnerships: CEO
Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity. Source: cointelegraph.com (Read Full Article)
What does the US GENIUS Act mean for stablecoins?
The Genius Act is a US law aimed at establishing federal oversight for stablecoin issuers, setting rules for reserves, redemption rights, and licensing requirements. Source: cointelegraph.com (Read Full Article)
FBI ends probe of Kraken co-founder, returns confiscated devices — Report
The investigation was reportedly not connected to Jesse Powell’s activities within the crypto industry. Source: cointelegraph.com (Read Full Article)
US Senate Republicans release draft bill for crypto market structure
Republican leaders on the Senate Banking Committee said the legislation “built on” the CLARITY Act passed in the House of Representatives last week. Source: cointelegraph.com (Read Full Article)
UK to ban public sector from making ransomware payments
The UK will prohibit its public sector, such as its health service and local councils, from paying ransomware in a bid to “smash the cyber criminal business model.” Source: cointelegraph.com (Read Full Article)
21Shares files with SEC for spot ONDO ETF
21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance. Source: cointelegraph.com (Read Full Article)
SEC approves, then instantly pauses Bitwise’s ETF conversion
SEC greenlights Bitwise ETF, then halts it hours later — analysts say politics or missing crypto rules could be behind the sudden reversal. Source: cointelegraph.com (Read Full Article)