Senate Banking Committee cancels crypto market structure markup
The committee’s Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.
Financial News
Crypto market structure bill markup delayed to last week of January, Senator Boozman says
Senate Agriculture Committee will finalize crypto market structure legislation by late January after talks advanced over the weekend, Boozman said.
Ethereum co-founder Vitalik Buterin warns decentralized stablecoins still have deep flaws
The Ethereum co-founder argues that price benchmarks, oracle security and staking incentives remain unresolved challenges for decentralized stablecoins.
The Senate moves toward a market structure vote: State of Crypto
Lawmakers will (finally) vote on a market structure bill next week.
Asia-session sell-off drags bitcoin, altcoins lower
Bitcoin BTC$92,783.58 and the wider crypto market succumbed to a wave of selling pressure during the Asia session, prompting a drop to about $91,530 at 10:00 a.m. UTC from around a local high of $93,750 at midnight. The sell-off follows a failed attempt at breaking… Read More
Ripple vs bitcoin chart sets up rare breakout
XRP slid to $2.27 after breaking below $2.32 support, but a high-volume flush into $2.21 drew bids and stabilized the move — leaving traders focused on whether the bounce can reclaim $2.31-$2.32 or if the market remains stuck in a descending channel. News background XRP… Read More