Crypto

The bill pushed by the representative included a ban on lawmakers and their families from "launching, promoting, or trading in coins where they hold a personal financial interest.” Ben Waxman, a Democrat representing District 182 in Pennsylvania’s House of Representatives, has introduced legislation “to prohibit elected officials from profiting off cryptocurrency while in office.” Waxman introduced HB1812 on Wednesday with eight Democratic co-sponsors in response to what he called “corruption” perpetuated at the federal level by US President Donald Trump. The Pennsylvania lawmaker accused Trump of financially benefiting from crypto projects like his memecoin, Official Trump (TRUMP), and pushing policies to “roll back federal oversight of crypto markets, shielding these schemes from scrutiny.” Read more

Key names like Coinbase, Strategy, and Metaplanet have declined amid a lack of immediate market catalysts.

The commitment, made today by a high-ranking DOJ official, sparked mixed reactions from crypto leaders.

While the overall stablecoin market is up 4% in August, some synthetic stablecoins, such as Sky Dollar and Falcon USD, have had even more substantial gains. Ethena Labs on Thursday said its Ethena protocol has generated more than $500 million in cumulative revenue. Growth in both revenue and the circulating supply of its synthetic stablecoin, Ethena USDe (USDe), has accelerated since July as synthetic stablecoins gain market share. Ethena Labs shared the news via a post on X, saying that in the past week, protocol revenue hit $13.4 million and USDe supply hit an all-time high of $11.7 billion.  “Ethena’s revenue has been driven by strong inflows into USDe and favorable market conditions that have amplified returns from its delta-neutral hedging reserve model,” an Ethena Labs spokesperson told Cointelegraph. “The protocol’s momentum reflects growing demand for and confidence in USDe as a store of value.” Read more

Social engineering scams strike again as a Bitcoin investor loses $91 million. Here's how it went down, according to an on-chain sleuth.

Market sentiment on XRP has flipped, with bears now leading the way. Can XRP regain support, or is it headed back down to $2?

Bitcoin Price Prediction: Winklevoss’ $21M BTC bet, whale shift to ETH, and key $112K support test shape Bitcoin’s next move. Can bulls regain $116K? The post Bitcoin Price Prediction: Winklevoss $21M Bet, Whale Shift, $112K in Focus appeared first on Cryptonews.

Coinbase is listing USD1 from President Trump's World Liberty Financial, letting U.S. users access another stablecoin.

State Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction. According to an Aug. 21 statement, State Street Investment Management purchased the commercial paper for its Short Term Investment Fund.  The debt securities are issued, settled, and serviced using blockchain technology, delivering streamlined institutional market […] The post State Street issues $100M digital debt securities on JPMorgan’s proprietary blockchain appeared first on CryptoSlate.

The bank joins a list of financial services firms that have debuted or are considering stablecoin initiatives.

ChatGPT's XRP Analysis has detailed consolidation at $2.8993 under key EMAs with RSI 41, mixed MACD and light volume, as SWIFT has scheduled live trials for Nov. 2025 on a $150T network, with XRP and HBAR cited as candidates. Scenarios have outlined recovery toward $3.20–$3.40 or extended range. The post ChatGPT’s XRP Analysis Flags Bearish Setup Below EMAs – Eyes on SWIFT’s Integration appeared first on Cryptonews.

VivoPower, which has pivoted away from its sustainable energy focus to build an XRP treasury, is trying to gain ownership of Ripple shares.

The financial regulator said the bank’s “compliance with laws and regulations does not require the continued existence of the order,” first issued in April 2022. The US Office of the Comptroller of the Currency (OCC) said it had issued an order terminating a consent order made against cryptocurrency custody bank Anchorage Digital in 2022. In a Thursday notice, the OCC said it had dropped the order “to assure the safety and soundness” of Anchorage. The financial regulator’s April 2022 order was based on Anchorage’s “failure to adopt and implement a compliance program” in accordance with Anti-Money Laundering (AML) standards. However, the OCC said the bank’s “compliance with laws and regulations does not require the continued existence of the order.” “[W]e received—and have now resolved—feedback from regulators as we set the standard for federally-chartered custody of digital assets,” said Anchorage co-founder and CEO Nathan McCauley in a Thursday blog post, adding: Read more

One of the few companies that focused on Binance's native token as a treasury asset will be delisted from the prominent index, prompting its stock to plummet.

Pennsylvania lawmakers introduced new legislation on Aug. 20 that will require public officials to disclose digital asset holdings exceeding $1,000 and divest anything above that threshold within 90 days of the bill coming into effect. The legislation also prohibits officials from conducting crypto transactions during their term and for one year after leaving office. The […] The post Pennsylvania bill bans public officials from crypto transactions, mandates disclosures appeared first on CryptoSlate.

Bitcoin’s options expiry and tech-sector pressures will determine if the bull run truly ended or just took a pause. Key takeaways: Bitcoin bears hold strong incentives below $114,000, likely intensifying pressure ahead of the options expiry. AI-sector spending concerns add turbulence and weigh on investors’ broader risk appetite. Read more

The speech could be followed by “cautiously hawkish” remarks from Jerome Powell tomorrow, according to Bitwise’s Juan Leon.

Cynthia Lummis has outlined a Thanksgiving timeline for crypto market structure legislation, saying Congress will move the bill this year, with Banking and Agriculture reviews set for September and October as Senate backers court Democratic support amid opposition from Elizabeth Warren. The post Cynthia Lummis Eyes Thanksgiving Target for U.S. Crypto Market Structure Bill appeared first on Cryptonews.

Despite this month's trial conviction of Tornado Cash developer Roman Storm, the DOJ signaled to a crypto crowd in Wyoming that it's not chasing developers.

BTC Price Prediction: Bitcoin has set a $123K ATH in August and has retraced toward $112K as Arkham has shown 10,584 BTC moved from BlackRock to an exchange. RSI 32.93 and MACD weak. September has been soft for risk assets, and markets assign an 81% chance of a 0.25% Fed cut on Sep 15–16. The post BTC Price Prediction: Will Fed Cut Odds and BlackRock Flows Break Support? appeared first on Cryptonews.