Author: driver789
Altcoins have endured a prolonged structural decline since the peak of the 2021 bull cycle. While Bitcoin has managed to preserve portions of its macro uptrend, most alternative tokens have printed persistent lower highs and lower lows across multiple timeframes. For many projects, what began as a cyclical correction has evolved into a multi-year erosion of capital, liquidity, and investor confidence. Related Reading Recent data shared by analyst Darkfost underscores the severity of the situation: approximately 38% of altcoins are now trading near their all-time lows. This figure exceeds the stress levels observed in the immediate aftermath of the FTX…
Indiana Gov. Mike Braun has signed legislation allowing bitcoin and cryptocurrency investments in the state’s public retirement and savings plans, opening the door for state employees to gain exposure to digital assets through self-directed accounts. The measure, House Bill 1042, requires Indiana’s public retirement boards, deferred compensation committees, and annuity savings programs to offer self-directed brokerage accounts that include at least one cryptocurrency investment option by July 1, 2027. The accounts will allow participants to allocate a portion of their retirement savings to bitcoin, crypto assets, or crypto-linked exchange-traded funds, subject to investment guidelines and oversight established by plan administrators.…
A new US housing bill includes a provision that temporarily bans the Federal Reserve from issuing a digital dollar to consumers until 2030. The move represents a shift from previous strong opposition to Central Bank Digital Currencies (CBDCs). Senate Advances Housing Bill With CBDC Ban The Senate on Monday advanced the 21st Century ROAD to Housing Act, a bipartisan bill focused on housing affordability. The legislation aims to merge the housing priorities of both the House and Senate with the Trump administration’s efforts to prevent large institutional investors from acquiring single-family homes. Senators voted 84-6 to move the bill forward…
Voters in North Carolina, Texas and Arkansas will decide on some of the first candidates for the 2026 midterm elections in the United States as primary season kicks off, potentially influencing the future of Congress and crypto legislation.In Texas, Democratic Representative Jasmine Crockett is running for Republican John Cornyn’s US Senate seat for Texas. Crockett, a member of the House of Representatives since 2023, voted for the stablecoin payments bill GENIUS Act in July and FIT21, the previous version of the digital asset market structure bill before the CLARITY Act, which she voted against. Crockett came under scrutiny in 2022 after…
JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening an ongoing debate over U.S. crypto legislation.In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who pulled support for the proposed CLARITY Act just one day before the Senate Banking Committee was scheduled to vote on it. Dimon argued that there needs to be a line between rewards paid on transactions and interest paid on stored balances.“Rewards are the same as interest,” Dimon said. “If you are going…
As major tech firms from traditional finance focus on building closed artificial intelligence (AI) systems, the BNB Chain is now releasing production-ready “skills” designed specifically for autonomous AI agents, enabling them to operate directly on blockchain infrastructure rather than through centralized intermediaries. These newly deployed capabilities allow AI agents to access live on-chain data, execute real transactions, manage wallets independently, and establish permanent on-chain identities using the ERC-8004 standard, or “Trustless Agents.” BNB Chain Advances Agent Economy With these Ethereum-standard tools, AI agents can implement automated trading strategies, rebalance portfolios, participate in decentralized governance, and conduct continuous data analysis. In…
Bermuda’s disciplined path to an onchain economy When Bermuda announces its ambition to become the world’s first fully onchain national economy with support from Circle and Coinbase, you could picture a dramatic, quick overhaul. However, that is not the case.To be a fully onchain economy, Bermuda has not taken a hard route, which might involve instantly building government services and pushing merchants to accept digital payments. Instead, the island is following a cautious path of well-thought-out, regulated innovation in finance.The island intends to begin with carefully designed pilots. It will work through licensed and supervised institutions, share the results with…
Bitcoin is the largest pool of pristine collateral in the world. It is scarce, globally settled, politically neutral, and cannot be diluted. Few assets combine monetary premium and liquidity at this scale. Yet borrowing against bitcoin remains expensive, fragmented, and short-term. That mismatch is not primarily about volatility. It is about market structure. BTC-backed lending exists. But BTC-backed credit markets, in the mature sense, largely do not. Loans Are Not Markets If you post BTC as collateral and borrow dollars, the mechanics are simple. Bitcoin is locked. Cash is advanced. If the loan deteriorates, the BTC is liquidated. That is…
OpenAI Abandons SWE-bench Verified After Finding 59% of Failed Tests Were Flawed – BitRss – Crypto World News Blockchain News 23 minutes ago 7 OpenAI reveals major contamination issues in SWE-bench Verified benchmark, showing frontier AI models memorized solutions and tests rejected correct code. (Read More) BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage Analysis OpenAI Abandons SWE-bench Verified After Finding 59% of Failed Tests Were Flawed BitRss World Crypto News | Market BitRss | Short Urls Design By New Web | ScriptNet
SoFi Technologies has partnered with Mastercard to enable settlement in its dollar-backed stablecoin, SoFiUSD, across Mastercard’s global payments network, allowing issuers and acquirers to settle card transactions using a bank-issued digital dollar.Under the agreement, SoFi Bank N.A. plans to settle its own Mastercard credit and debit transactions in SoFiUSD, while SoFi’s payments technology platform Galileo will give client banks and card issuers the option to use the stablecoin for transaction settlement across the number two processor’s network.The company said SoFiUSD is the first stablecoin issued by a US nationally chartered and insured deposit bank on a public, permissionless blockchain and…