Category: News

Political conflicts of interest emerge as Trump-backed USD1 stablecoin launches amid regulatory scrutiny

By coinspy Political conflicts of interest emerge as Trump-backed USD1 stablecoin launches amid regulatory scrutiny GENIUS Act proposal could dramatically expand Federal Reserve oversight of stablecoins $1.6B surge in stablecoin reserves coincides with growing institutional interest and profit-taking Unprecedented situation of a sitting U.S. president having financial ties to a regulated financial instrument Market stability […]

Key Takeaways: Ethereum’s Market Turbulence

By mrblockchain $165 million in long ETH positions liquidated amid recent price declines, signaling weakening bullish momentum. An inactive ICO participant moved 1,700 ETH ($3.18M) to Binance, raising concerns about impending sell pressure. Network activity declined, with daily transactions stagnating and active addresses dropping below 750k. Ethereum broke below the critical $2,200 support level, suggesting […]