House Democrats Grill Bessent Over Trump-Linked Crypto Bank Bid

Democrats in the US House of Representatives are pressing Treasury Secretary Scott Bessent over how regulators are handling World Liberty Financial’s bid for a national trust bank charter to issue a dollar-backed token. In a letter on Thursday, 41 House Financial Services Committee Democrats led by Representative Gregory Meeks cited systemic risk, foreign ownership and potential political pressure on the bank chartering process.  They asked Bessent to explain what safeguards exist to prevent foreign government officials or politically connected investors from using the charter process to gain leverage over the…

XRP NEWS TODAY: Tom Lee’s $664 XRP Prediction Shocks the Market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #XRP #XRPNews #XRPToday “In a market fueled by emotion and noise, we thrive on data and composure.” Today, Tom Lee’s $664 XRP projection has jolted the market, forcing a serious conversation about whether XRP is being valued as a speculative token—or as future financial infrastructure. “While the retail crowd is reacting to the headline number, we are dissecting the underlying capital flow assumptions.” “In this briefing, we decode:” Tokenized TAM vs Market Cap: The $1 quadrillion figure is not a prediction of…

83% Of Crypto Slips Into Bear Trend

Altcoin breadth on Binance has deteriorated sharply, with a large majority of tokens now trading below a widely watched long-term trend level, an exhaustion signal that CryptoQuant contributor Darkfost frames as a liquidity problem as much as a price problem. In a post on X, Darkfost (@Darkfost_Coc) shared a CryptoQuant chart tracking the share of Binance-listed altcoins trading below their 50-week moving average alongside Bitcoin’s price. His headline claim: “LIQUIDITY CRUNCH PUSHES 83% OF ALTCOINS INTO BEAR TREND,” arguing that most investors exposed to non-Bitcoin, non-stablecoin assets are “now in…

Crypto market prediction as $2B Bitcoin options expire today

More than $2.4 billion in crypto options are set to expire at 08:00 UTC today on Deribit, a positioning event that could inject fresh volatility into the market. Summary Around $2.0B in Bitcoin and $404M in Ethereum contracts are set to roll off on Deribit, raising the potential for short-term volatility. Bitcoin’s put/call ratio of 0.59 and Ethereum’s 0.75 reflect constructive sentiment, with max pain at $70,000 for BTC and $2,050 for ETH. BTC faces resistance near $69,500–$70,000 and support at $65,000, while ETH must clear $2,000–$2,050 to confirm upside…

House Democrats Urge Treasury Probe Into Trump Family’s Crypto Venture

CNBC reported Thursday that a group of House Democrats are pressing the Treasury Department to examine potential conflicts of interest and national security risks tied to World Liberty Financial (WLFI), the crypto venture associated with the Trump family. Security Concerns Over Trump-Linked Crypto Venture In a letter sent Thursday to Treasury Secretary Scott Bessent, more than 40 Democratic lawmakers, led by Representative Gregory Meeks of New York, called for a formal review of the company’s structure and foreign investment ties.  The letter follows a tense House Financial Services Committee hearing…

Parsec Shuts Down Business Amid Crypto Market Volatility

On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. “Parsec is shutting down,” the company said in an X post on Thursday, while its CEO, Will Sheehan, said the “market zigged while we zagged a few too many times.” Sheehan added that Parsec’s primary focus on decentralized finance and non-fungible tokens (NFTs) fell out of step with where the industry has now headed. “Post FTX DeFi spot lending leverage never really came back in the…

Crypto, Banks Meet Again to Move Forward Crypto Bill

The White House has reportedly refocused talks between crypto and bank lobbyists on limiting how stablecoin rewards should be paid in the third meeting between the two groups over a crypto market structure bill. Crypto and banking industry representatives met at the White House on Thursday for the third time in 16 days to discuss stablecoin provisions that have stalled the crypto bill, which the Senate is looking to pass. No agreement was reached on Thursday, but executives at Coinbase and Ripple said progress was made, as one of the…

💣 EXPLOSION IMMINENTE ! 🌪️ FAILLITE DE BINANCE & BITCOIN À 0 ? LE SCÉNARIO CATASTROPHE 🆘

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔥 Découvrez l’Univers des Rois du Bitcoin ! 👉 Nouveau site officiel : 👉 Formation Gratuite 2 heures l’initiative des Rois 👉 🎯 Offres Exclusives à Ne Pas Manquer : “Partenaires de premier plan, entièrement régulés en France et en l’Europe.” 💎 Investir avec Swissborg en 3 clics : Bonus jusqu’à 100€ → 🎯 Discord Officiel : Rejoignez-nous pour des stratégies et analyses exclusives → 👍 Recommandations 💰 Libérez vos euros et cryptos : déposez, retirez, échangez, dépensez, sans limite ! avec…