The GENIUS Act includes an important rule: stablecoin issuers are prohibited from directly paying interest to holders. Formally, this was done to protect banks from deposit outflows, but in practice — an unexpectedly profitable regulatory loophole has opened up. Now, crypto exchanges and fintech platforms can take the yield from such stablecoins for themselves, turning
After a tense and volatile session on Monday, American indexes closed in the green. S&P 500 gained 1.6%, Nasdaq rose by 2.3%, and gold exceeded $4,150 per ounce for the first time ever, reports CNBC. The market is trying to recover after Friday’s panic, when Donald Trump’s new trade threats wiped out $2 trillion. Now…
Garrett Jin, former head of the now-defunct exchange BitForex, denied allegations that he profited from the market drop by allegedly knowing in advance about new US tariffs against China. On Monday, he published a post on X, stating that he “has no connection to the Trump family” and refuted rumors of insider trading. The accusations…
More than 1.66 million crypto traders were liquidated in the past 24 hours amid a sharp market crash. According to CoinGlass, the total amount of losses reached $19.33 billion. The sharp decline began after Donald Trump confirmed plans to impose 100% tariffs on imports from China. This increased macroeconomic uncertainty and hit all risk assets…
October 2025 brings more and more signals of an impending recession in the US. Economists and labor market data warn that almost half the country is already facing signs of a downturn, and it is becoming increasingly difficult to ignore key indicators. The American economy is sending alarming signals in several areas, from regional slowdowns…
According to the minutes published on Wednesday, the Federal Reserve plans two additional key rate cuts by the end of the year. Chairman Jerome Powell and most board members fully support this decision. The only remaining debate is whether to cut twice or three times. The meeting on September 16–17 ended with a vote of…
BitMEX co-founder Arthur Hayes stated that the 4-year crypto cycle really no longer works — but according to him, the reason is not the one usually mentioned. “As the fourth anniversary of the current cycle approaches, traders are trying to use the old model again and predict the end of the bull market,” he wrote…
According to top managers of Bitwise Asset Management and Aspen Digital, it is large capital that now sets the direction for the crypto market. They discussed this in an interview during the Token2049 conference in Singapore. Bitwise co-founder and CTO Hong Kim noted that the base of bitcoin investors has changed — funds and institutional…
Canary Capital is about to get the green light to launch its ETFs for Litecoin and HBAR. The company has submitted final documents with key amendments, including fees and tickers. However, since the US government has partially shut down, the launch is delayed. On Tuesday, Canary filed updates for its spot ETFs on Litecoin and…
According to a recent poll on the decentralized prediction platform Polymarket, 74% of participants are betting that the US government shutdown will not end before October 15. Polymarket: the US shutdown will last at least until October 15 On the page titled “When will the government shutdown end” almost 70% are sure that the government…
On October 5, the total crypto market capitalization soared to a new record — $4.35 trillion. The main reason is the almost vertical growth of Bitcoin, which broke through the $125,000 mark. Against this backdrop, the market has fully returned to a bull phase. The previous high, around $4 trillion, was set at the end
The leader of the Democrats in the House of Representatives Hakeem Jeffries stated that there is still a chance for a bipartisan budget deal. According to him, “the path to compromise is still open,” despite the ongoing shutdown. He spoke after a meeting at the White House with Donald Trump and members of Congress. On