US_Senators
6h Crypto Recap: USDC, Bitcoin, NEAR, Coinbase — policy meets pressure
#JPMorgan cut earnings forecasts tied to #Circle and #Coinbase after attention focused on a #Hyperliquid deal involving #USDC. The note framed the arrangement as a meaningful shift in how stablecoin distribution and revenue could be shared. ⚠️
#US_Senators moved to oppose a planned vote linked to the #CLARITY_Act, keeping a major crypto market-structure push in limbo. The dispute centered on whether the bill’s approach should advance as written. 🏛️
#Banking_groups urged the Senate to rewrite stablecoin rules that would affect yield features tied to #Stablecoins. The push highlighted concerns about how yield could be treated under the emerging framework.
#US_Senators have reintroduced the Proof Act to establish reserve standards for crypto firms.
#US_Senators have reintroduced the Proof Act to establish reserve standards for crypto firms. This move aims to enhance transparency and protect investors in the cryptocurrency market. 🏛️
The #Pi_Network has seen a significant comeback with its volume surging by 66% in just 24 hours. This resurgence highlights renewed interest and activity within the network.
#Ripple_Labs recently moved 200 million XRP, drawing attention from both enthusiasts and skeptics alike. The transaction underscores Ripple's ongoing influence in the crypto space.
New York's Attorney General is urging Congress to act on stablecoins as a means to potentially save the U.