Author: driver789
The Senate Committee on Banking, Housing and Urban Development included a provision temporarily barring the Federal Reserve from issuing a central bank digital currency in its bipartisan bill to boost housing in the U.S.The “21st Century ROAD to Housing Act,” introduced Monday by Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, respectively the top Republican and Democrat on the committee, aims to make it easier to build houses in the U.S.”Not only is this bill about cutting regulatory red tape, lowering costs, and expanding housing supply while generating no new spending, but it’s about making sure people like the…
Crypto funds demonstrated remarkable resilience this week as investment products recorded $1.06 billion in net inflows, effectively terminating a grueling five-week stretch of $4.0 billion in outflows. Summary Despite the US-Iran conflict, $1.06 billion in inflows ended a month-long $4.0 billion outflow streak as institutions bought the technical reset. Bitcoin led the recovery with $881.5 million in inflows, though $3.7 million in short-BTC positions highlights lingering caution over regional instability. Solana remains the year-to-date leader in altcoin inflows at $156 million, while Ethereum posted its best weekly performance in nearly two months. Crypto funds see $1 billion resurgence This pivot…
Solana has spent weeks compressing inside a tightening range, with price action forming a structure that suggests a breakout is brewing. As volatility contracts, pressure continues to build within the pattern. A decisive move above $88.60 could serve as the trigger bulls have been waiting for, potentially unleashing a sharp, impulsive rally as stored momentum is released. Volatility Squeeze On Solana — Triangle About To Resolve Solana has been trading within a tight sideways range for the past three weeks, gradually forming what appears to be a triangle pattern on the chart. Related Reading: Crypto Trader Predicts Solana 50% Price…
Ethereum is approaching a milestone that few investors would welcome: its longest run of consecutive monthly losses since the 2018 crypto winter.Since September 2025, ETH has posted six straight monthly declines, a stretch that has cut its price by roughly 60% from its August 2025 record high of $4,953 to below $2,000.A losing streak of this length is uncommon for a network that is simultaneously posting record transaction activity, and that contrast makes the current phase notable.Ethereum Monthly Returns Since January 2025 Till Date (Source: CoinGlass)As a result, the immediate issue is not only that ETH has been falling.The run…
Within minutes of the first U.S.-Israeli missiles striking Tehran on Saturday morning, a different kind of exodus was already underway. Crypto outflows from Nobitex, Iran’s largest cryptocurrency exchange, surged 700%, according to blockchain analytics firm Elliptic. The spike was capital flight, executed in real time, by Iranians racing to move money out of a country suddenly under full-scale military bombardment. Nobitex processed $7.2 billion in crypto transactions in 2025 and serves more than 11 million users, Elliptic said. It allows Iranians to convert rials into crypto and withdraw to external wallets which is a direct pipeline around the country’s crippled…
Aave’s “Aave Will Win” framework passed its Temp Check vote, clearing the first formal stage of the protocol’s governance process. On Sunday, the off-chain Snapshot vote closed with 52.58% voting in favor, 42% against and 5.42% abstaining. The result advances the measure to the Aave Request for Final Comment (ARFC) stage, where terms may be revised before any binding on-chain vote.The framework asks tokenholders to approve up to $42.5 million in stablecoins and 75,000 Aave (AAVE) tokens for Aave Labs. In return, the organization would route 100% of revenue from Aave-branded products to the Aave DAO treasury under a DAO-funded operating…
While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock.Since the House of Representatives passed the CLARITY Act last summer and sent the legislation to the other chamber, lawmakers have faced a historically long government shutdown, partisan divides on ethics and debates over stablecoin yield that have likely slowed progress on the bill, which could be further hampered by the upcoming US midterm elections in November.Eight months ahead of the midterms, one version of the market structure…
The crypto market is going up today, March 2, even as the geopolitical crisis in the Middle East escalated. Summary The crypto market remained stable on Monday even as the war in Iran started. This rally happened as the economic impact of the crisis remained limited. The crypto recovery could be a dead-cat bounce, a situation where a falling asset rebounds temporarily. Bitcoin (BTC) rose to nearly $70,000, while Ethereum (ETH) jumped to $2,065. Other top gainers were coins like Near Protocol, Morpho, Virtuals Protocol, Jupiter, and Pudgy Penguins. The market capitalization of all coins jumped to over $2.38 trillion.…
After dipping over the weekend as the U.S. began strikes against Iran, bitcoin BTC$69,062.02 shot higher on Monday, at one point nearing $70,000 before pulling back to the current $69,000.While any rally in bitcoin is welcome by the bulls, today’s move comes after a relentless months-long slide that has halved the price and weighed on sentiment. One analyst suggests Monday’s quick gains carry the hallmarks of a positioning squeeze, with traders who had bet on further downside forced to unwind those trades as prices rose.“This is clearly a flushing of shorts due to the confluence of the Iranian attacks causing…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As bearish pressure returns to the cryptocurrency market, the price of Ethereum has lost the $2,000 level. Despite the fact that volatility still lingers, conviction is building among investors again, as indicated by the steady inflows of capital into ETH accumulation wallet addresses. A Steady Stream Of Ethereum Flows Ethereum’s price may be struggling with ongoing volatility, causing it to revisit a key support level, but the activity of investors is painting a different story. A recent report indicates a persistent bullish sentiment and activity among ETH…