IQMM's historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act. ProShares’ record-breaking debut of its money market exchange-traded fund (ETF) last week underscores the enormous demand for cash-management products at a time when the asset class is increasingly being tokenized — and, as industry proponents argue, the shift could help funds remain competitive amid increasing US stablecoin adoption. Money market funds invest in short-term, high-quality debt instruments such as US Treasury bills, repurchase agreements and commercial paper. They are designed to preserve capital while offering modest yield and daily liquidity, making them a popular cash-management vehicle for investors. That backdrop makes the launch of the ProShares Genius Money Market ETF (IQMM) particularly notable. The actively managed fund, which primarily holds short-duration government securities, generated $17 billion in first-day trad...
XRP has formed a classic bearish pattern on its two-day chart, and if confirmed, a price drop to $0.80 could be in the cards over the next few weeks. XRP (XRP) may slide deeper as its bearish chart structure converges with renewed whale activity on Binance. Key takeaways: A developing bear pennant keeps an XRP price drop toward $0.80 in play. Read more
While Coinbase and others await decision on their applications, the federal banks regulator has already signaled friendliness to crypto companies through several conditional approvals. Crypto.com said Monday that it has secured conditional approval for a national bank trust charter from the US Office of the Comptroller of the Currency (OCC). In a Monday statement, the cryptocurrency exchange said that once fully approved as a federally regulated institution, it would be established to operate as a custodian across the US, subject to OCC oversight. The company submitted its application in October, saying at the time that it planned to provide custody services for digital asset treasuries, exchange-traded funds, and others. “This conditional approval is the latest testament to both our commitment to compliance and to providing customers trusted and secure services they expect from Crypto.com,” said Crypto.com co-founder and CEO Kris Marszalek. Read more
The nationwide RateFi product allows borrowers to count crypto holdings toward mortgage underwriting requirements without selling their assets. US mortgage lender Rate has launched a nationwide program that allows qualified borrowers to use verified cryptocurrency holdings to help meet underwriting requirements without liquidating their assets, marking a formal step toward integrating digital assets into traditional home financing. The product, called RateFi, operates within the lender’s existing non-qualified mortgage framework and permits borrowers to count verified crypto assets as qualifying reserves and, in some cases, as an income source. Kate Amor, EVP and head of enterprise products at Rate, told Cointelegraph that for underwriting purposes, RateFi assesses digital asset holdings through a proprietary valuation framework that factors in market price, liquidity and asset-specific volatility. The approach enables certain crypto assets to count toward borrower qualification without being liquidated, whil...
Bitcoin gained both upside and downside targets as the Wall Street open brought fresh BTC selling pressure and tariff reactions began. Bitcoin (BTC) battled US sellers at Monday’s Wall Street open amid mixed feelings over the short-term BTC price outlook. Key points: Bitcoin price targets include a $60,000 drop as well as a recovery amid uncertain moves. Read more
How many people really pay with Bitcoin? Survey data, payment processors and country case studies reveal where BTC is used for real-world payments. Measuring real Bitcoin payments is difficult because many transactions go through intermediaries, crypto cards or instant conversions. Surveys show that a sizable minority of crypto holders have used crypto to buy goods or services at least once but rarely distinguish Bitcoin from other assets. El Salvador’s experience suggests that making Bitcoin legal tender does not automatically lead to everyday retail use, especially when existing payment systems remain convenient. Read more
Bitcoin price more than doubled the last time Tether's crypto market capitalization dropped by $3 billion in two months, a signal that is flashing again in 2026. Bitcoin (BTC) may form a bottom in the coming weeks as Tether’s USDt (USDT) market cap dropped to levels that preceded BTC’s 2022 bear market lows. Key takeaways: Tether’s USDt triggers a signal that last time preceded a 100% Bitcoin price rally. Read more