JPMorgan said the long-awaited Clarity Act would bring regulatory clarity, boost institutional participation and accelerate tokenization across U.S. crypto markets.
The drop extends a pattern where bitcoin sells off on geopolitical shocks before recovering, as the token’s 24/7 liquidity makes it one of the few large assets traders can exit over the weekend.
The pullback erased most of Wednesday’s push toward $70,000 as hot producer-price data and a post-earnings Nvidia decline dragged risk assets lower heading into the weekend.
Nine lawmakers asked the federal agencies to investigate the global crypto exchange after reports of potential funding channeled to terrorist groups.
Ryan VanGrack says states are misrepresenting federal law as they move to block prediction markets.
As Citi integrates Bitcoin into bank-grade custody and reporting frameworks, Morgan Stanley moves to bring crypto trading, lending exploration and tokenized products to mainstream wealth clients.
Market participants with long-term vision are buying downside protection.
At least 12 wallets collectively made over $1 million betting on the outcome of ZachXBT’s investigation before the findings went public, with one trader turning a $0.14 average entry on shares into $411,000 in profit.
Analysts say the latest drop appears to be a leverage flush and positioning cleanup rather than a structural trend reversal
While Jack Dorsey cites AI-enabled productivity gains as the reason for Block’s cuts, the deeper shift is in payments plumbing: stablecoin settlement threatens to compress the fee stack that fintech acquirers have relied on for years.
The proposal redirects stablecoin arbitrage from institutional market makers to large token holders and links voting rights to capital commitment.
The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.