U.S. regulators are igniting a crypto revolution as the CFTC kicks off a sweeping sprint to power the nation into digital asset dominance. CFTC and SEC Align—Is This the Dawn of US Crypto Supremacy? Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham disclosed on Aug. 1 that the agency will begin a “crypto […] Source CryptoX Portal
The cryptocurrency market experienced a significant downturn after starting the week positively, with many top digital assets declining by double digits. TRX was the only top 20 digital asset to gain, rising by 2.7%, while toncoin increased by 8.9%. Tariffs and Jobs Data Spark Market Rout After starting the week brightly, the cryptocurrency market closed […] Original
Ethereum has entered a correction phase after weeks of aggressive buying pressure that pushed the price to a local high of $3,940. Following this rally, ETH has retraced over 12%, breaking below the $3,450 level as the market digests recent gains. The sharp pullback has sparked concerns of a deeper correction; however, on-chain data and market fundamentals paint a more optimistic picture. Related Reading Despite the price drop, Ethereum’s underlying strength remains intact. Whale addresses continue to accumulate during this dip, signaling high-conviction buying from large investors who are positioning…
Shares of US crypto companies fell sharply on Friday amid a broader sell-off in risk assets, driven by disappointing economic data and renewed tariff threats. Shares of Coinbase (COIN), Riot Platforms (RIOT) and CleanSpark (CLSK) dropped between 7% and 16% in Friday trading. The declines mirrored broader market weakness, with the Dow Jones Industrial Average losing over 600 points, the S&P 500 falling 1.6% and the Nasdaq Composite down more than 2% in early trading. Coinbase’s losses extended a sell-off that began after hours on Thursday, following the company’s disappointing…
China airs 30-minute US crypto satire CCTV, China’s state broadcasting mouthpiece, aired a half-hour special on cryptocurrencies and how the US is attempting to solidify dollar dominance with stablecoins. The July 27 broadcast framed the new US stablecoin legislation GENIUS Act, as a geopolitical turning point. CCTV pinpointed that the new rules explicitly ban a Federal Reserve–issued central bank digital currency (CBCD) while allowing stablecoins to export US debt in digital form. The broadcaster said stablecoins backed by US Treasury bonds represent the third phase of dollar hegemony after Bretton…
Key Notes “Project Crypto” will draft new securities rules for tokenized assets and eliminate legacy regulations to boost capital formation. Most crypto assets won’t be classified as securities, with bright-line rules differentiating NFTs, stablecoins, and investment contracts. The initiative includes custody modernization and safe harbors for airdrops, enabling US investors to participate in on-chain finance. On July 31, SEC Chairman Paul Atkins announced the launch of “Project Crypto,” a sweeping regulatory initiative designed to modernize securities law and bring US financial markets onto blockchain rails. Speaking at the America First…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin and ether are in the green ahead of the Fed’s decision to keep rates unchanged. Plus, JPMorgan partners with Coinbase to let Chase customers link their bank accounts to their crypto wallets. And Crypto World looks back on 10 years of Ethereum and what’s next for the network. Chapters: 0:00 – Introduction 0:27 – Bitcoin rises 1:20 – The headlines 4:30 – Ethereum’s 10th anniversary For access to live and exclusive video from CNBC…
A U.S. senator has declared “this is the year for digital assets,” endorsing landmark federal efforts poised to transform crypto regulation, boost innovation and reshape financial markets. Senate Leadership Aligns With White House to Champion Crypto Revolution U.S. Senator Cynthia Lummis (R-WY) praised the President’s Working Group on Digital Asset Markets on July 30, describing […] Source CryptoX Portal
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, major cryptocurrencies climb after it was revealed that consumer prices rose less than expected in May as President Trump’s tariffs had yet to show significant impact on inflation. Plus, two House committees advanced the CLARITY Act crypto market structure bill, which now moves to the House floor. And, Stellar CEO Denelle Dixon discusses a new partnership between the Stellar blockchain and PayPal. Chapters: 00:00 – CNBC Crypto World, June 11, 2025 0:27 – Crypto rises…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin crossed the $120,000 level for the first time, marking a milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry. #bitcoin #cryptocurrency #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version