US President Donald Trump’s son Eric told the New York Post that stablecoins could “save the US dollar,” and defended his family’s crypto ventures. Source: cointelegraph.com (Read Full Article)
Who’s in the running to become the next CFTC chair?
The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency. Source: cointelegraph.com (Read Full Article)
AI Has Designed Living Genomes—And They Worked in the Lab
In a landmark experiment, Stanford and Arc Institute scientists used “genome language models” to write and build 16 new viruses that infected E. coli—a first glimpse of machine-made evolution. Source: decrypt.co (Read Full Article)
What really drives altcoin seasons? A closer look
Key factors, such as Bitcoin dominance, liquidity shifts, market cycles and investor sentiment, drive altcoin season. Source: cointelegraph.com (Read Full Article)
Bitcoin price ignores PCE inflation as bears eat through $109K support
Bitcoin showed no sign of a major rebound after the release of major US inflation data, with bid liquidity clustered at $108,200. Source: cointelegraph.com (Read Full Article)
Tennessee Couple Hit With $6.8 Million Penalty for 'Blessings of God Thru Crypto' Fraud
The couple told investors “Coach Wendy” would guide crypto trades, but the platform was fake and the advisor’s identity remains unknown. Source: decrypt.co (Read Full Article)
As IPO rumors swirl, Kraken secures $500M funding at $15B valuation: Report
The reported funding round comes amid earlier indications that the crypto exchange is preparing for a potential public offering. Source: cointelegraph.com (Read Full Article)
Ether supercycle debate, Circle reversibility plan and Aster’s surge: Finance Redefined
Wall Street adoption may catalyze the first “supercycle” extending Ether’s price appreciation beyond the traditional four-year cycle, according to the largest corporate ETH holder. Source: cointelegraph.com (Read Full Article)
Crypto markets are down, but corporate proxies are doing far worse
Although crypto treasury companies have enjoyed short-term price gains, most have underperformed the underlying assets they hold. Source: cointelegraph.com (Read Full Article)
SoftBank, Ark May Back Stablecoin Giant Tether in Massive Funding Round: Report
The stablecoin issuer is seeking to raise up to $15-$20 billion for a 3% stake. Ark Invest and Softbank are in discussions to participate. Source: decrypt.co (Read Full Article)