The regulator rejected claims he’s doing President Trump’s bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.
Hoskinson’s remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano’s flagship conference and the shutdown of a prominent analytics platform.
The fund combines blockchain native issuance with established fund structures.
UMA voters ruled that Strategy’s June 1 disclosure counted for the June contract, even though the company said it sold bitcoin during the final week of May.
Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.
BlackRock’s IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid’s HYPE products as the only major crypto ETF category still pulling in net new money.
Presto Research says bitcoin’s drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.
Bitcoin rebounded to $64,000 after a sharp sell-off, with the move reflecting a typical bounce from oversold conditions rather than a confirmed trend reversal.
The selloff has triggered demand for protective options plays, pushing the fear gauge higher.
Lenders are particularly interested in blockchain’s back-office applications, but security failures are blocking wider adoption.
The American Bankers Association, which lobbies against the crypto sector over the Clarity Act’s stablecoin section, unveiled its new polling.
Jenny Johnson, Franklin Templeton’s CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.