A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties. Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues. Nine Senate Democrats (including previous supporters) now oppose the bill’s current form, demanding stronger safeguards. What recently appeared as a rare opportunity for bipartisan agreement on cryptocurrency regulation has hit a significant roadblock, directly attributable to President Donald Trump’s expanding personal and business entanglements within the digital asset space. Congressional Democrats, citing concerns over potential conflicts of interest and personal enrichment, are now expressing strong reservations about advancing landmark…
Author: cryphedge
Arizona has made history by becoming the second U.S. state to officially create a Strategic Bitcoin Reserve. On May 7, 2025, Governor Katie Hobbs signed House Bill 2749 into law, giving the state the green light to invest in Bitcoin and other top digital assets using profits from unclaimed property.To be clear, there were four Bitcoin Reserve-related bills proposed in Arizona this year. Senate Bill 1025 was vetoed, but HB 2749 successfully passed and has now been signed into law.Under this new law, Arizona will take profits from old, unclaimed assets — like forgotten bank accounts or uncollected checks —…
Dogecoin (DOGE) has captivated investors for years with its meme-driven rallies and loyal community, but its attraction is slowly fading away. As this original “people’s crypto” cools off from its 2021 highs, a new contender dubbed RCO Finance (RCOF) is emerging that could offer even greater upside. With an explosive presale showing institutional confidence, a suite of AI-powered tools, and a roadmap that rivals the early days of Dogecoin, RCO Finance is positioning itself as the next must-own token ahead of its Binance debut. Among the many things that make RCO Finance (RCOF) a compelling investment opportunity are the massive…
The Dogecoin (DOGE) price, last around $0.17, is currently in the process of forming a “diamond bottom reversal” pattern, which one popular technical analysts thinks could signal a new uptrend for crypto’s biggest meme coin. According to an X post by Trader Tardigrade, such patterns often form around the time of a price bottom. #Dogecoin's daily chart appears to be forming a "Diamond Bottom" Reversal Pattern, suggesting a potential shift for $Doge from a recent downtrend to an uptrend. pic.twitter.com/6aSlEfUSMg— Trader Tardigrade (@TATrader_Alan) May 6, 2025 Trader Tardigrade’s bullish thesis was echoed by fellow trader Galaxy, who argued in an…
Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7.According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers.People with direct knowledge of the project said that discussions remain ongoing and that no final decision has been made regarding the technology partner or launch timeline. A spokesperson for Robinhood declined to comment on the matter. Representatives from Offchain Labs, the developer of Arbitrum, and the Solana Foundation also…
The cryptocurrency sector has seen incredible returns over the last decade and a half. Major financial institutions have also opened their doors to the budding asset class. Early investors have made generational wealth in the crypto field. While many think it’s too late to make it big with crypto, others believe there is still plenty of time to make enough money to retire early.Also Read: BRICS: Only 33% of Trade Settled in US DollarsTop 3 Cryptocurrencies To Help You Retire By 20351. Bitcoin (BTC)Source: Watcher GuruBTC is the original cryptocurrency. BTC is also one of the best-performing assets of the…
Bitcoin (BTC) remains in a technically critical zone controlled by short-term holders despite its recovery to nearly $98,000, which has eased financial stress across the network, according to a May 7 report by Glassnode.The report highlighted recent market behavior pointing to improved capital inflows and investor sentiment. Additionally, it warned that the current price structure remains vulnerable if key support levels fail.Bitcoin surged to $97,900 last week, marking its highest level over two months. The move temporarily alleviated underwater positions, with more than 3 million BTC returning to a profitable state after its correction to a low of roughly $74,000…
The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer crypto services, namely custody and execution, including through third-party providers, provided they adhere to sound risk management practices and legal compliance. The clarification, issued through Interpretive Letter 1184, confirms and expands on earlier guidance related to crypto activities.The OCC stated that institutions may buy and sell assets held in custody at the customer’s direction and outsource crypto-asset functions, including custody and trade execution services, to third parties. These activities remain subject to the same oversight and operational standards applied to…
As the crypto market matures and competition intensifies, finding early-stage gems and hidden alphas has become a critical edge for traders and investors alike. In an environment where trends emerge and vanish in hours, the right tools can help users identify promising tokens early, track smart money flows, and execute trades before the broader market catches on. We present the top 5 crypto tools for discovering early-stage gems and hidden alphas in 2025, in which Bitget Wallet Alpha topped the list. 1. Bitget Wallet Alpha: The Ultimate Alpha Hunting Hub With its integrated discovery engine, real-time alerts, and seamless multi-chain…
Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams. The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months.The report adds to ZachXBT’s previous investigations, which have attributed over $300 million in annual losses to similar scams targeting Coinbase customers. Working with fellow researcher Tanuki42, ZachXBT traced the latest thefts across multiple blockchains, finding that attackers exploit weaknesses in Coinbase’s user verification and compliance processes.Theft addresses disclosed include…
