Crypto-backed group gathers $141M funding to influence US elections

Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes.

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Solana in the Spotlight —$190 SOL Price Target in Sight

With CNBC adding Solana (SOL) to its real-time ticker, the sixth-largest cryptocurrency by market capitalization remains in the spotlight, driven by strong technicals, rising on-chain and social momentum, and growing institutional interest fueled by speculation surrounding exchange-traded funds (ETFs). Calling out this development, Steven, the research head at The Block, pointed out, “CNBC finally replaced

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Bitcoin Faces Critical $120,000 Zone Amid Rising US Inflation and Mixed Interest Rate Cut Expectations

Bitcoin faces a pivotal moment as rising US inflation dampens expectations for an imminent interest rate cut, keeping BTC below the critical $120,000 resistance zone. June’s Consumer Price Index (CPI)

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Altcoins Surge as Ethereum Signals New Beginnings

Altcoins expect bullish momentum following Ethereum's stabilization and potential price rally. Key indicators show reversal in ETHBTC, promising for broader altcoin surge. Continue Reading: Altcoins Surge as Ethereum Signals New Beginnings The post Altcoins Surge as Ethereum Signals New Beginnings appeared first on COINTURK NEWS .

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USD Dominant Ascent: BofA Securities’ Crucial Forecast

BitcoinWorld USD Dominant Ascent: BofA Securities’ Crucial Forecast In the dynamic world of finance, where every shift can ripple through markets, a recent pronouncement from BofA Securities has captured significant attention: the United States Dollar is forming clear USD uptrends . For anyone invested in the volatile realm of cryptocurrencies, or indeed any global asset, understanding the implications of a strengthening dollar is not just important, it’s absolutely crucial. Historically, a stronger dollar can put downward pressure on risk assets, including digital currencies, as investors might opt for the perceived safety and higher yields offered by dollar-denominated assets. This forecast isn’t just about currency exchange rates; it’s a signal that could reshape investment strategies and market sentiment across the board. Let’s delve into what BofA Securities is seeing and what it could mean for your financial future. Understanding the BofA Securities Forecast: Why USD Uptrends are Forming BofA Securities, a major player in global financial analysis, isn’t just making a casual observation; their forecast on USD uptrends is based on a meticulous examination of macroeconomic indicators and market dynamics. Their analysts point to several key factors that are converging to create a robust environment for dollar appreciation. At the heart of their thesis is the persistent resilience of the U.S. economy, which continues to outperform many of its global counterparts. While other major economies grapple with slower growth, persistent inflation, or geopolitical headwinds, the U.S. has shown remarkable adaptability, driven by strong labor markets and consumer spending. Another significant pillar supporting BofA’s outlook is the Federal Reserve’s monetary policy stance. Even as other central banks consider or begin easing, the Fed has maintained a relatively hawkish posture, keeping interest rates elevated to combat inflation. This creates a compelling interest rate differential, making dollar-denominated assets more attractive to international investors seeking higher returns. This ‘carry trade’ dynamic naturally increases demand for the dollar, pushing its value higher. Furthermore, in times of global uncertainty, the U.S. Dollar often acts as a safe-haven currency. When geopolitical tensions flare or economic instability looms elsewhere, capital tends to flow into the perceived safety of U.S. treasuries and dollar assets, reinforcing the dollar’s strength. BofA’s analysis also considers technical indicators, which are signaling bullish patterns for the dollar. Chart formations, momentum indicators, and trend lines are all aligning to suggest a sustained upward trajectory. This combination of fundamental economic strength, supportive monetary policy, safe-haven demand, and positive technical signals paints a comprehensive picture of an environment ripe for significant USD uptrends . Understanding these foundational elements is the first step in preparing for the potential shifts in the global financial landscape. The Mechanics Behind Dollar Strength: What’s Fueling the Surge? To truly grasp the implications of BofA’s forecast, it’s essential to understand the underlying mechanisms that contribute to dollar strength . It’s not just a random fluctuation; it’s a complex interplay of economic forces. Here’s a breakdown of the primary drivers: Interest Rate Differentials: Perhaps the most direct driver. When the Federal Reserve maintains higher interest rates compared to other major central banks (like the European Central Bank or the Bank of Japan), it makes dollar-denominated bonds and other financial instruments more attractive. International investors flock to these higher-yielding assets, increasing demand for the dollar to purchase them. This simple economic principle creates a powerful gravitational pull for capital towards the U.S. Economic Divergence: The U.S. economy has repeatedly demonstrated its resilience. Strong employment figures, robust consumer spending, and technological innovation continue to drive growth. In contrast, many European economies face structural challenges, and China’s post-pandemic recovery has been uneven. This divergence in economic performance makes the U.S. a more appealing destination for foreign direct investment and portfolio flows, further bolstering dollar strength . Global Risk Aversion (Safe-Haven Demand): In periods of geopolitical instability, economic uncertainty, or financial market turmoil, investors typically seek safety. The U.S. Dollar, backed by the world’s largest economy and deepest capital markets, is universally regarded as the premier safe-haven currency. When crises emerge, funds rapidly flow into dollar assets, regardless of interest rate differentials, simply for security. This flight to quality provides a consistent floor and potential surge capacity for the dollar. Monetary Policy Outlook: The Federal Reserve’s communication and actions regarding inflation and economic growth are pivotal. If the Fed signals a longer period of ‘higher for longer’ interest rates, or if it indicates a slower pace of rate cuts than its peers, it reinforces the perception of sustained dollar strength . Market expectations about future monetary policy are powerful determinants of currency movements. These factors often reinforce each other, creating a virtuous cycle for the dollar. For instance, strong economic data might prompt the Fed to maintain higher rates, which then attracts more capital, further strengthening the dollar. This feedback loop is what BofA Securities is observing and projecting forward. Navigating the Forex Market: Implications for Global Currencies and Commodities A strengthening dollar doesn’t operate in isolation; its ascent sends ripples throughout the entire Forex market and beyond, significantly impacting other major currencies and commodity prices. For investors, understanding these interconnected effects is paramount for strategic positioning. When the dollar gains ground, it typically means other currencies are losing value against it. Here’s how this plays out: EUR/USD: The Euro, as the second most traded currency, often bears the brunt of dollar strength. A stronger dollar makes European exports cheaper for U.S. buyers but makes U.S. goods more expensive for Europeans. This can weigh on European economic growth and potentially encourage the European Central Bank to consider more accommodative policies, further widening the interest rate differential with the U.S. GBP/USD: Sterling often follows a similar trajectory to the Euro. Economic challenges in the UK, coupled with a potentially less hawkish Bank of England compared to the Fed, can lead to a weaker pound against a surging dollar. USD/JPY: The Japanese Yen has been particularly susceptible to dollar strength due to the Bank of Japan’s ultra-loose monetary policy, maintaining negative interest rates while other central banks hike. This vast interest rate differential makes the Yen an attractive funding currency for carry trades, where investors borrow in Yen and invest in higher-yielding dollar assets, pushing the Yen lower. The impact extends to commodities as well, given that most global commodities are priced in U.S. Dollars: Gold: Often seen as an inverse relationship. A stronger dollar makes gold more expensive for holders of other currencies, reducing demand. Additionally, a rising dollar often correlates with higher real interest rates, which increases the opportunity cost of holding non-yielding assets like gold. This can put significant downward pressure on gold prices. Oil: Similarly, a stronger dollar makes oil more expensive for countries that pay in other currencies, potentially dampening global demand and thus prices. However, oil prices are also heavily influenced by supply-demand dynamics and geopolitical events, which can sometimes counteract dollar strength. Other Commodities: Industrial metals, agricultural products, and other raw materials priced in dollars will also become more expensive for international buyers, potentially leading to reduced demand and price corrections. Navigating the Forex market during a period of dollar appreciation requires careful attention to these cross-asset dynamics. It’s not just about one currency pair; it’s about understanding the cascading effects across the entire financial ecosystem. How USD Uptrends Influence the Global Economy and Your Portfolio The implications of USD uptrends extend far beyond just currency exchange rates, permeating the very fabric of the global economy and directly influencing various asset classes within your investment portfolio. For investors, particularly those in the cryptocurrency space, understanding these broader effects is vital for informed decision-making. Impact on the Global Economy: Trade and Competitiveness: A strong dollar makes U.S. exports more expensive and imports cheaper. While this benefits U.S. consumers through lower import costs, it can hurt American companies that rely on exports, potentially impacting corporate earnings and GDP growth. Conversely, it can make non-U.S. exports more competitive in global markets. Inflation Dynamics: Cheaper imports due to a strong dollar can help temper inflation within the U.S. by reducing the cost of imported goods. However, for countries whose currencies are weakening against the dollar, the cost of dollar-denominated imports (like oil) rises, potentially fueling their domestic inflation. Emerging Markets: This is where the impact can be most severe. Many emerging market countries and corporations have significant dollar-denominated debt. A stronger dollar makes it more expensive for them to service these debts, increasing the risk of defaults and financial instability. It can also lead to capital outflows from these economies as investors chase higher yields in dollar assets. Corporate Earnings: U.S. multinational corporations that derive a significant portion of their revenue from overseas operations will see their foreign earnings translate into fewer dollars when repatriated, potentially impacting their reported profits. Impact on Your Portfolio: For investors, particularly those holding diversified portfolios, USD uptrends necessitate a review of asset allocation: Equities: U.S. equities, especially those with significant domestic exposure, might benefit from the relative strength of the U.S. economy. However, as noted, multinationals could face headwinds. Non-U.S. equities might become cheaper for dollar-based investors, but their underlying companies could face challenges if their local currency is weakening significantly. Bonds: U.S. Treasury bonds remain attractive due to their safety and relatively higher yields. However, if the dollar’s strength is driven by rising U.S. interest rates, existing bond prices could fall. Cryptocurrencies: This is a critical area for many readers. Historically, there has often been an inverse correlation between the U.S. Dollar and Bitcoin, and by extension, the broader crypto market. When the dollar strengthens, it often signals a ‘risk-off’ environment, leading investors to pull capital from riskier assets like cryptocurrencies and move into safer, dollar-denominated assets. This can lead to downward pressure on crypto prices. Additionally, if the dollar is strong due to high U.S. interest rates, the opportunity cost of holding non-yielding digital assets increases. While crypto markets have their own unique drivers (halvings, adoption, regulatory news), macro factors like USD uptrends are undeniable influences. A sustained period of dollar strength could pose headwinds for crypto valuations, making it essential for investors to monitor these trends closely. Understanding these intricate connections is key to making informed decisions and adapting your investment strategy to the prevailing macro environment. Preparing for the Future: Actionable Insights on the Currency Outlook Given the BofA Securities forecast for sustained currency outlook shifts driven by dollar strength, what actionable steps can investors take to prepare their portfolios and mitigate potential risks, especially within the volatile cryptocurrency space? Proactive planning is always better than reactive scrambling. Strategies for Navigating a Strong Dollar Environment: Diversification Across Asset Classes: While a strong dollar might put pressure on some assets, others could benefit. Consider diversifying beyond just crypto into traditional assets that historically perform well during periods of dollar strength, such as certain U.S. equities (particularly those with domestic revenue focus) or U.S. Treasury bonds. Review International Exposure: If you hold investments in non-U.S. companies or funds, understand their currency exposure. A weakening local currency against the dollar could erode your returns when converted back to USD. This might be a time to re-evaluate the risk-reward of such holdings. Consider Hedging Strategies: For sophisticated investors with significant international exposure or those looking to protect crypto holdings from dollar strength, hedging instruments might be an option. This could involve using currency futures, options, or inverse ETFs designed to benefit from a stronger dollar or weaker foreign currencies. However, these come with their own risks and complexities. Focus on Strong Fundamentals in Crypto: In a ‘risk-off’ environment induced by dollar strength, lower-quality or highly speculative crypto assets are often the first to suffer. Focus on projects with strong underlying technology, clear utility, robust development teams, and sustainable tokenomics. These projects may be more resilient during market downturns. Dollar-Cost Averaging: For long-term crypto investors, a strong dollar and potentially lower crypto prices could present an opportunity for dollar-cost averaging, allowing you to accumulate more assets at a lower average price over time. This strategy mitigates the risk of trying to time the market. Monitor Key Economic Indicators: Stay informed about economic data releases (inflation, GDP, employment), Federal Reserve statements, and geopolitical developments. These are the primary drivers of the currency outlook and can provide early signals for shifts in dollar strength. Maintain Liquidity: In uncertain times, having a portion of your portfolio in highly liquid assets (like stablecoins or short-term U.S. Treasury bills) allows you to capitalize on opportunities or weather downturns without being forced to sell assets at unfavorable prices. The currency outlook , particularly for the U.S. Dollar, is a dynamic and multifaceted issue. While BofA Securities points to compelling reasons for continued uptrends, markets are always subject to change. Remaining agile and informed will be your greatest asset. Challenges and Counterarguments: What Could Derail the Dollar’s Ascent? While BofA Securities presents a compelling case for sustained USD uptrends , it’s crucial for any astute investor to consider the potential counterarguments and challenges that could derail the dollar’s ascent. No market forecast is absolute, and various factors could shift the momentum. A Dovish Federal Reserve Pivot: The primary driver of dollar strength has been the Fed’s relatively hawkish stance. If U.S. inflation cools faster than expected, or if the U.S. economy faces a significant downturn (e.g., a recession), the Fed might be compelled to cut interest rates more aggressively than anticipated. Such a pivot would reduce the interest rate differential, making dollar assets less attractive and potentially leading to significant dollar weakness. Unexpected Global Economic Rebound: Should other major economies, particularly the Eurozone or China, experience a stronger-than-expected recovery, it could reduce the economic divergence that currently favors the U.S. Stronger growth elsewhere could attract capital away from the dollar and into other currencies, diminishing its relative appeal. De-escalation of Geopolitical Tensions: If global geopolitical risks (e.g., conflicts, trade wars) significantly de-escalate, the demand for the dollar as a safe-haven asset could diminish. As risk appetite returns, investors might shift capital back into riskier assets or currencies previously shunned, weakening the dollar. U.S. Fiscal Concerns: While less immediate, long-term concerns about the U.S. national debt and fiscal deficits could eventually weigh on investor confidence in the dollar. Although the dollar’s reserve currency status provides significant resilience, sustained fiscal imbalances could become a factor over time. Coordination Among Central Banks: While unlikely in the short term, a coordinated effort by major central banks to de-emphasize the dollar’s role in global trade or finance, perhaps in favor of a basket of currencies or alternative payment systems, could pose a long-term challenge. These counterarguments highlight the dynamic nature of currency markets. While the current momentum favors dollar strength, investors must remain vigilant and adaptable to changing macroeconomic landscapes and unforeseen events that could alter the currency outlook . Conclusion: Navigating the Powerful Waves of Dollar Strength The forecast from BofA Securities, signaling persistent USD uptrends , is a crucial piece of information for every investor, from traditional asset holders to those deeply immersed in the world of cryptocurrencies. This isn’t merely a technical market call; it’s a reflection of deep-seated macroeconomic forces at play, including the resilience of the U.S. economy, the Federal Reserve’s firm stance on interest rates, and the dollar’s enduring role as a global safe haven. Understanding the mechanisms behind dollar strength – from interest rate differentials to economic divergence – allows for a more informed approach to portfolio management. The implications of a surging dollar are far-reaching, impacting the entire Forex market , commodity prices, and the delicate balance of the global economy . For cryptocurrency enthusiasts, the historical inverse correlation between dollar strength and digital asset performance cannot be ignored. While crypto markets have their unique narratives, they are not immune to the powerful currents of global macroeconomics. The actionable insights provided, from strategic diversification and hedging to diligent monitoring of the currency outlook , offer a roadmap for navigating these potentially challenging yet opportunistic times. Ultimately, financial markets are an ever-evolving landscape. While BofA’s forecast provides a strong directional signal, staying informed, maintaining flexibility, and understanding the interconnectedness of global finance will be paramount. By recognizing the potential impact of a dominant dollar, investors can position themselves not just to weather the storm, but potentially to thrive amidst the powerful waves of currency shifts. To learn more about the latest Forex market trends, explore our article on key developments shaping US Dollar liquidity. This post USD Dominant Ascent: BofA Securities’ Crucial Forecast first appeared on BitcoinWorld and is written by Editorial Team

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Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?

Rising US inflation tempers investors’ interest rate cut hopes, leaving Bitcoin at a critical juncture below $120,000.

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Is $5 XRP Inevitable? 2017 Bull Run Pattern Emerges as Whale Accumulation Mirrors Historic Setup

Now, a similar fractal appears to be forming, raising questions about whether XRP could revisit or even surpass the elusive $5 mark.

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OpenSea App Unveils Revolutionary All-in-One Crypto Experience

BitcoinWorld OpenSea App Unveils Revolutionary All-in-One Crypto Experience Are you tired of juggling multiple apps to manage your NFTs, trade tokens, and engage with DeFi protocols? Imagine a world where all your digital asset needs are met within a single, intuitive platform. This vision is now becoming a reality as OpenSea , the undisputed giant in the NFT space, unveils its groundbreaking OpenSea app . This isn’t just an update; it’s a complete reimagining of the crypto experience, designed to bring unparalleled convenience and power directly to your fingertips. OpenSea App: A Game Changer for Digital Assets? In a significant move that signals a new era for digital asset management, OpenSea has officially launched its all-in-one mobile application. This strategic development aims to consolidate the fragmented world of Web3 into a seamless user experience. Traditionally, users would navigate separate platforms for NFT discovery, token swaps, and decentralized finance (DeFi) interactions. OpenSea’s new app seeks to revolutionize this by integrating these core functionalities under one roof. The announcement, as reported by Cointelegraph, highlights OpenSea’s ambition to move beyond its reputation solely as an NFT marketplace . The platform acquired mobile token trading service Rally, which played a crucial role in accelerating this initiative. Rally provided OpenSea with the technological infrastructure and expertise needed to enhance its mobile and token trading capabilities. This integration promises a more fluid and efficient way for users to interact with their digital assets, from browsing the latest NFT collections to managing their cryptocurrency portfolios and participating in DeFi opportunities. Beyond the NFT Marketplace: Embracing DeFi Integration The crypto landscape is constantly evolving, and the lines between different sectors like NFTs, fungible tokens, and DeFi are blurring. OpenSea’s decision to embrace comprehensive DeFi integration within its new app is a testament to this trend. This move positions OpenSea not just as a place to buy and sell digital art, but as a central hub for all things crypto. What does this mean for the average user? Simplified Access: No more switching between MetaMask, Uniswap, and OpenSea. Users can potentially manage their assets, swap tokens, and explore DeFi protocols directly within the OpenSea app. Enhanced Portfolio Management: A unified view of all digital assets, including NFTs and various tokens, providing a holistic understanding of one’s crypto wealth. New Opportunities: Integration with DeFi features could open doors to staking, lending, and borrowing directly from the app, offering users more ways to utilize their crypto holdings. This strategic pivot is designed to attract a broader user base, including those primarily interested in token trading or DeFi, while retaining its loyal NFT community. The goal is to provide a truly comprehensive crypto experience that caters to diverse needs. Elevating Your Crypto Experience: What to Expect So, what can users truly expect from this revamped platform designed to elevate their crypto experience ? The focus is clearly on user-friendliness, security, and a robust feature set. OpenSea aims to provide a platform where both seasoned crypto enthusiasts and newcomers can navigate the complex world of Web3 with ease. Key features likely to be part of this integrated experience include: Feature Category Description Benefit to User NFT Management Browse, buy, sell, and manage your NFT collections with enhanced filters and discovery tools. Streamlined access to the world’s largest NFT marketplace. Token Trading Seamlessly swap various cryptocurrencies directly within the app, powered by Rally’s technology. Convenience and efficiency for portfolio adjustments and liquidity management. DeFi Interaction Access select DeFi protocols for activities like staking, lending, or yield farming. (Specifics TBD by OpenSea) New avenues for earning passive income and maximizing crypto assets. Wallet Integration Securely connect and manage multiple crypto wallets within the app. Centralized control over digital assets. Real-time Data Access to live market data, price charts, and portfolio performance tracking. Informed decision-making and better asset management. The success of this comprehensive approach will heavily depend on the seamlessness of these integrations and the platform’s ability to maintain high security standards, which is paramount in the crypto space. The Future of Web3 Innovation: OpenSea’s Vision OpenSea’s latest move is more than just a product launch; it’s a bold statement about the future of Web3 innovation . By bringing together NFTs, tokens, and DeFi, OpenSea is positioning itself as a central gateway to the decentralized internet. This holistic approach aligns with the broader industry trend of creating more integrated and user-friendly Web3 environments. The vision is clear: to onboard the next billion users into Web3 by removing friction points and offering a unified, accessible platform. This could significantly impact how individuals interact with decentralized applications (dApps), manage their digital identities, and participate in the creator economy. Challenges, however, remain. Competition from other integrated platforms, regulatory uncertainties, and the inherent complexities of Web3 technology will test OpenSea’s resolve. Yet, with its dominant market position in NFTs and a clear strategic direction, OpenSea is well-equipped to lead this charge. Seamless Token Trading: A New Era for Users One of the most anticipated features of the new OpenSea app is its promise of seamless token trading . The acquisition of Rally was a strategic masterstroke, specifically aimed at bolstering this capability. Rally’s expertise in mobile-first token trading means users can expect a highly optimized experience for buying, selling, and swapping various cryptocurrencies directly within the OpenSea ecosystem. This integration aims to eliminate the need for users to transfer funds between different platforms, reducing gas fees and potential security risks associated with multiple transactions. For NFT collectors, this means they can more easily acquire the specific tokens needed for purchases or convert earnings from NFT sales into other cryptocurrencies or stablecoins. For token traders, it offers a new, potentially more convenient venue for their activities, integrated with their NFT portfolio. The success of this feature will hinge on competitive trading fees, liquidity, and the range of supported tokens. If OpenSea can deliver a truly efficient and cost-effective trading experience, it could significantly enhance its value proposition to a wider audience. Actionable Insights for Users: Explore Early: Download the OpenSea app as soon as it’s available in your region to get a first look at the new features. Start Small: If you’re new to DeFi or token trading, begin with small transactions to familiarize yourself with the interface and functionalities. Security First: Always ensure you are downloading the official OpenSea app from legitimate app stores. Be wary of phishing attempts. Provide Feedback: OpenSea will likely be iterating rapidly. Share your feedback to help shape the future development of the app. What Challenges Lie Ahead? While the prospects are exciting, OpenSea’s ambitious integration isn’t without its hurdles: Security: Consolidating multiple functionalities increases the attack surface. Robust security measures will be paramount. User Adoption: Convincing users to switch from established DeFi platforms or token exchanges will require a superior user experience. Regulatory Landscape: The evolving regulatory environment for NFTs, tokens, and DeFi could pose compliance challenges. Performance: Ensuring the app remains fast and reliable, especially during peak network congestion, will be critical. In conclusion, OpenSea’s launch of an all-in-one app for NFTs, tokens, and DeFi marks a pivotal moment in the evolution of Web3. By acquiring Rally and integrating diverse functionalities, OpenSea is not just expanding its services; it’s aiming to redefine the comprehensive crypto experience for millions. This strategic move could pave the way for a more unified, accessible, and user-friendly decentralized future, making the complex world of digital assets more approachable than ever before. While challenges persist, OpenSea’s bold step promises to unlock new levels of convenience and opportunity for users worldwide. To learn more about the latest crypto market trends, explore our article on key developments shaping Web3 innovation and institutional adoption. This post OpenSea App Unveils Revolutionary All-in-One Crypto Experience first appeared on BitcoinWorld and is written by Editorial Team

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JUST IN: Three Major Cryptocurrency Bills Expected to Be Legislated in the USA Stalled: Voting Negative – Here are the Details

Cryptocurrency bills expected to be voted on in the US House of Representatives this week have been postponed due to a procedural vote failure. In today's vote, a proposal that would have paved the way for discussion of three important cryptocurrency bills was rejected by 223 “no” votes to 196. According to parliamentary sources, a retry is scheduled for midnight the same day. During what has been dubbed “Crypto Week,” two major bills were on the House agenda: the National Innovation Guidelines and Establishment for U.S. Stablecoins Act (GENIUS) and the Digital Asset Market Openness Act (Clarity). The GENIUS bill has already passed the Senate and is expected to reach President Trump's desk by the end of the week. The GENIUS law stipulates that stablecoin issuances must be fully collateralized only by US dollars or similar liquid assets, requires annual audits for issuers with a market capitalization over $50 billion, and establishes rules for overseas stablecoin issuance. Related News: Bitcoin and Cryptocurrency Hater JPMorgan CEO Jamie Dimon Backtracked Again: “I Still Don't Fully Understand It, But...” The Clarity Act, meanwhile, aims to clarify the regulatory framework for crypto assets by offering a more comprehensive approach. It clarifies the roles and jurisdictions of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), as well as requiring digital asset service providers to notify individual investors and segregate client funds from company assets. A vote was also expected in the House this week on a bill spearheaded by House Republican Deputy Chairman Tom Emmer, which aims to block the direct issuance of Central Bank Digital Currency (CBDC) to individuals. However, the procedural vote failed after 12 Republicans, including Marjorie Taylor Greene, Chip Roy, Michael Cloud, and Anna Paulina Luna, voted “no.” House Speaker Mike Johnson stated that some opposition lawmakers had demanded that all crypto bills be merged into a single text. *This is not investment advice. Continue Reading: JUST IN: Three Major Cryptocurrency Bills Expected to Be Legislated in the USA Stalled: Voting Negative – Here are the Details

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SharpLink Becomes Largest Corporate Holder Of Ether With 280,706 ETH, Usurping Ethereum Foundation

Nasdaq-listed SharpLink Gaming has become the world’s largest corporate holder of Ethereum (ETH) after boosting its treasury to 280,706 ETH.

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