The BIG Crypto Pretend-Out! Saylor & Tether FUD! Vanguard Crypto ETFs!
Crypto majors are inexperienced and reversing yesterday’s selloff, with BTC up 2% at $87,400, ETH flat at $2,820, BNB up 2% at $842, and SOL up 2% at $129. Amongst prime movers, Fartcoin (+14%), SPX (+12%), and PUMP (+9%) led positive factors. Vanguard introduced it can start permitting buying and selling of crypto ETFs and mutual funds on its brokerage platform, ending its long-standing opposition. Coinbase management and Marc Andreessen had been sued over an alleged years-long insider-trading scheme. Ripple secured a funds license in Singapore and expanded XRP and RLUSD fee companies there. Vitalik Buterin warned that shifting Zcash governance towards token-based voting may erode privateness protections. Federal Reserve Vice Chair Michelle Bowman said that financial institution regulators are engaged on stablecoin guidelines. Anthropic launched a report exhibiting that AI brokers found zero-day exploits in crypto protocols throughout testing and pose a menace to weak sensible contracts. In the meantime, Home Republicans issued a 50-page report on “Operation Chokepoint 2.0,” alleging that the Fed, FDIC, OCC, and SEC covertly pressured banks to keep away from crypto by way of pause letters, casual steering, and SAB 121, finally debanking greater than 30 corporations.