Author: driver789

US Federal Reserve Governor Michael Barr said Tuesday that clearer US stablecoin rules could speed the market’s growth, but warned that regulators still need to address money laundering risks, bank run risks and consumer safeguards as they implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.Speaking at a Federalist Society event on stablecoin regulation, Barr said the law provides “needed clarity” for issuers, but that “a great deal will depend on how federal and state regulators implement the statute.”Barr said stablecoins are still used mainly for crypto trading and as a US dollar store of value in…

Ethereum price rose nearly 7% on drawing closer to the $2,200 psychological resistance level after reports suggested that the U.S.-Iran war could end soon. Summary Ethereum price rose nearly 7% to $2,153, rebounding from recent losses. Risk sentiment improved after signals of a possible ceasefire between Iran and the U.S. A cup and handle pattern has formed on the daily chart. According to data from crypto.news, Ethereum (ETH) price rose to a six-day high of $2,153 on Wednesday, April 1. The recovery followed after the leading altcoin fell nearly 16% from its monthly high of $2,360 to $1,972 earlier on…

Crypto markets rallied on Wednesday as oil momentarily slipped below $100 per barrel after U.S. President Donald Trump said the war in Iran will end in “two to three weeks.”Bitcoin BTC$68,447.87 trades at $68,500 having risen by 0.4% since midnight UTC and 3.1% over the past 24 hours, while ether (ETH) is back at $2,130 after a brief stint below $2,000 last week.The broader crypto market remains in a downtrend dating back to October, although sentiment has shifted slightly following a period of consolidation between $62,500 and $75,000 since early February.A selection of altcoins have performed particularly well, notably algorand…

As we approach the end of 2026’s first quarter, a crypto market watcher has shared a bearish outlook for XRP, warning that the altcoin’s correction may not be over yet, and it risks a deeper pullback in the next few months. Related Reading XRP Risks 60% Correction In Second Quarter On Tuesday, XRP continued to move sideways, hovering between $1.30 and $1.35 for the fifth consecutive day. The cryptocurrency has been trading between two crucial levels, $1.21 and $1.55, for nearly two months. Markey observer More Crypto Online highlighted that since the early February correction, there hasn’t been any major…

Researchers at the California Institute of Technology theorize that a functional quantum computer may require far fewer qubits than previously thought, making it feasible for the first quantum computer to be deployed before the end of the decade. Caltech researchers, working with a Caltech-linked start-up, Oratomic, said that by reducing the errors that “riddle today’s rudimentary quantum computers,” a functional quantum computer could be built with as few as 10,000 to 20,000 qubits. It was previously thought that millions of qubits were necessary for a quantum computer to function properly, said Caltech. A qubit is the basic unit of a quantum computer…

Bitcoin sell pressure is rising as the bitcoin price drifts toward a sixth straight monthly loss, yet underlying flows show a split market where short-term holders exit while institutions absorb supply. Bitcoin price traded below $65,000 late Tuesday after falling from above $74,000 earlier in March. The move has come alongside a rise in exchange inflows, with about 22,000 BTC sent to trading venues during one session, signaling distribution from recent buyers.  Despite that pressure, price has held above the $60,000 range and remains above long-term support levels. The key question is where the coins are going. On-chain data points…

Interactive Brokers has introduced crypto trading for retail clients across the European Economic Area, with users gaining access to Bitcoin alongside a handful of other assets. Summary Interactive Brokers has launched crypto trading for retail users across the EEA through its regulated Ireland entity. Clients can trade 11 cryptocurrencies within existing brokerage accounts alongside traditional assets with 24/7 access. Details shared in a Tuesday announcement show that the offering is being delivered through the firm’s Ireland-based entity, which holds authorization as a crypto-asset service provider. The rollout arrives as the Markets in Crypto-Assets framework continues to shape how traditional financial…

Bitcoin has declined by about 50% this market cycle, far less than in previous cycles, Fidelity Digital Assets said, adding this trend could continue over time. Bitcoin’s post-all-time-high drawdowns have historically been steep, at about 80% to 90%, but this cycle has been about 50%, Fidelity Digital Assets research analyst Zack Wainwright said Tuesday.One can see the “diminishing returns” that have developed from cycle to cycle when looking at Bitcoin’s price performance from the perspective of the previous all-time high, he said.“Each cycle has been less dramatic to the upside than the previous,” he said. “Downside risk has been less dramatic…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is testing $2,000. The market is uncertain. And a few hours ago, one institution decided that uncertainty was the right time to commit another $340 million. Data from Arkham Intelligence has identified a transaction that stands in direct contrast to the current market mood: Bitmine staked an additional 167,578 ETH — approximately $340 million — within the last several hours. This was not a purchase. It was a commitment. Staking ETH means locking it, removing it from circulation, and declaring that it will not be sold.…

The market appears to be reassessing long‑term technological risks in crypto following Google’s major quantum computing research update on Monday.While leading coins like bitcoin BTC$68,814.42 and ether (ETH) have seen only modest moves in the past 24 hours, several cryptocurrencies tied to the quantum‑resistant narrative have surged sharply, with some gaining more than 50%.This outperformance of the so-called quantum-resistant tokens shows how quickly the market is pricing in potential technological risks, even if those are still theoretical. While quantum computers capable of attacking Bitcoin are still years away, traders are already signaling an appetite for “future-proof” assets.Late Monday, Google’s Quantum…