Also: Zcash token falls after developer quits, Smart Cashtags and BTC quantum computing defense
The largest cryptocurrency extended its rally, pushing related equities higher as well.
The largest cryptocurrency is now facing a key “resistance” zone at $93,500-$95,000, which has capped its price for nearly two months.
Bitcoin options open interest continues to outpace futures, marking a move away from leverage-driven speculation toward volatility and risk-management strategies.
The LUIXX fund has been modified to hold short-term US Treasuries and meet stablecoin reserve standards. The DIGXX fund now offers an onchain share class.
The banking lobby’s efforts to revisit or reinterpret Congress’ decisions regarding stablecoin rewards are driven by attempts to re-litigate settled law and blunt competition after the fact, argues Blockchain Association’s Summer Mersinger.
The study suggests that Ethereum’s role in financial systems makes its token economics a concern for regulators, who may need to consider safeguards for its use in regulated finance.
The firm said it has agreed to acquire Distributed Technologies Research, a blockchain-based payment infrastructure provider.
The layer 1 blockchain token advanced on moderately elevated volume but underperformed key benchmarks, raising sustainability questions.
The Trump family–backed crypto venture has rolled out World Liberty Markets, a new DeFi app built on Dolomite. DOLO rose by 57% following the announcement.
Senate action on market structure legislation could end years of regulatory uncertainty, unlock institutional liquidity and re-rate crypto-linked stocks.
The largest Ethereum-focused crypto treasury firm lifted holdings to 4.17 million ETH but signaled limits ahead without authorization to issue fresh equity.