Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Proposed US stablecoin legislation aims to create a clear regulatory framework for the issuance and management of stablecoins, emphasizing compliance, reserve requirements, and oversight. While this move could enhance market stability and investor protection, both early and recent reports raise concerns that the framework disproportionately benefits large financial institutions at the expense of small banks and emerging crypto projects. The compliance costs and regulatory barriers are expected to exclude smaller community banks, reducing competition and innovation, and consolidating stablecoin issuance among well-capitalized corporations. Consumer advocates warn that the bill’s stringent requirements could limit consumer choices and financial autonomy, potentially impacting the decentralized ethos of the crypto sector. For traders, the bill brings greater regulatory clarity but may also result in reduced diversity of stablecoin issuers and innovation within the digital asset space, affecting sector growth and market dynamics.

US Representative Bryan Steil, chair of the House Financial Services Subcommittee on Digital Assets, has reiterated the importance of keeping cryptocurrency regulation legislation focused and free from unrelated political issues. Steil argues that adding non-germane items delays the creation of clear, modern regulatory frameworks vital for the crypto sector. The push comes amid growing partisan tensions, especially after Democrats initially withdrew support for the GENIUS Act—focused on stablecoin regulation—due to concerns over former President Trump’s crypto activities, which Steil labeled as irrelevant. Despite these obstacles, the GENIUS Act passed a key Senate vote, and recent proposals build upon the FIT21 Act, with both bills seen as practical steps toward comprehensive digital asset market structure reform. Steil remains optimistic about bipartisan engagement and anticipates the passage of major crypto bills, such as his Stable Act and the GENIUS Act, which are designed to foster innovation, enhance consumer protection, and deliver regulatory clarity in the US. For crypto traders, progress on these legislative fronts could profoundly impact market stability, institutional confidence, and the regulatory landscape for digital assets.

ETHFI, the native token of the Ethereum-based liquid staking protocol ether.fi, saw significant gains—over 300% since April and a 21% surge to two-week highs, notably outpacing broader crypto market leaders like ETH and BTC. Key drivers were increased protocol revenue, sharp protocol fee growth, and the introduction of a token buyback program. The ether.fi Foundation completed substantial weekly buybacks, most recently purchasing 206,000 ETHFI tokens with 105 ETH (~$267,000) on May 24, 2025, using withdrawal fee revenues. Repurchased tokens are distributed to stakers, boosting appeal for holders. Ether.fi’s platform reported $2.4 million in April revenue, with DeFiLlama citing $179 million in annualized fees and $24 million in annualized revenue, while TVL rebounded to $6.8 billion, ranking it fourth among DeFi protocols. The protocol’s success has been further amplified by Ethereum-related positive sentiment, as highlighted by SharpLink Gaming’s $425 million ETH acquisition. Though ETHFI remains below its March all-time high of $8.57, it has rallied 263% from its $0.40 April lows. Technical and fundamental indicators point to ongoing bullish momentum, with analysts eyeing another leg up if current trends persist, but a drop below the $1.13 support could reverse this outlook. For traders, ETHFI emerges as a standout altcoin, buoyed by capital inflows, sustained buybacks, growing TVL, and strong network sentiment.

The US Securities and Exchange Commission (SEC) has charged Unicoin, a New York-based digital asset firm, and four senior executives—including CEO Alex Konanykhin, former president Silvina Moschini, ex-Chief Investment Officer Alex Dominguez, and general counsel Richard Devlin—with defrauding over 5,000 investors and conducting unregistered token sales. The SEC alleges Unicoin and its leadership ran a misleading investment campaign, falsely promoting Unicoin token rights certificates as being backed by billions in real estate and private equity, while the company actually held significantly less in assets. The firm also exaggerated its fundraising, claiming to have secured over $3 billion when the true figure was about $110 million. Additional violations include selling unregistered securities and misleading claims of regulatory compliance. Notably, Konanykhin sold nearly 38 million certificates directly, including to investors who should have been excluded for compliance reasons. All executives face antifraud charges; Unicoin and its CEO are also accused of offering unregistered securities, while general counsel Devlin agreed to settle civil penalties without admitting fault. This case highlights intensified SEC scrutiny on asset-backed crypto products and the importance of regulatory compliance. Crypto traders should note the ongoing regulatory focus on transparency and legal adherence in crypto fundraising and token offerings.

Renowned Bitcoin analysts have issued significant BTC price predictions, offering both bullish and bearish outlooks for crypto traders. Doctor Profit previously highlighted the role of macroeconomic factors and technical support zones, forecasting a rise to $87,000 and the potential for a retracement toward $70,000-$74,000, with critical implications if support levels fail. In an updated and bolder forecast, Josh Mandell, a well-known expert regarded for accurately predicting Bitcoin’s 2025 peak at $84,000, now projects BTC rallying sharply to $444,000 before undergoing a dramatic 81% correction back to $84,000. Both analysts stress the importance of risk management and timing in the face of such predicted volatility, emphasizing that traders should be prepared for both significant gains and deep drawdowns. These forecasts are shaping market sentiment and likely to influence BTC trading strategies, as traders navigate potential record highs and subsequent corrections.

Ethereum (ETH) has recently experienced a price rally and renewed optimism fueled by clear regulatory guidance on its status. This regulatory clarity has bolstered market confidence not only in Ethereum but also in emerging crypto projects like MAGACOIN FINANCE and established assets such as XRP. MAGACOIN FINANCE has reported strong presale results, indicating robust demand among investors seeking opportunities beyond established cryptocurrencies. Experts suggest that this transparent legal landscape could drive broader crypto adoption and increase market participation. As a result, there is positive sentiment and heightened trading activity, with both institutional and retail traders expected to boost volumes and liquidity in ETH, MAGACOIN FINANCE, and XRP as regulatory risks diminish and optimism rises.

An artificial intelligence-powered crypto hedge fund has surpassed $31 million in assets under management (AUM), reflecting growing investor confidence in AI-driven investment strategies across the digital asset sector. This milestone highlights the increasing role of AI innovation in crypto trading, as more investors show strong appetite for emerging technologies that blend blockchain and artificial intelligence. In contrast, Cardano (ADA) has shown price stability but limited upward momentum, hovering around the $0.73–$0.75 range. The ADA price has encountered sellers at $0.75, signaling weak demand and cautious sentiment among traders. While Cardano has held its support level despite wider market volatility, its lack of momentum underscores the current challenges faced by major altcoins. The interplay between strong AI-driven fund inflows and ADA’s resistance at key price levels suggests shifting market dynamics and evolving sentiment. Crypto traders should closely track both AI-related investment trends and Cardano price movements for signals of potential market shifts.

Recent on-chain data highlights notable whale activity involving Chainlink (LINK). Initially, 15 new or inactive wallets withdrew 2.52 million LINK (about $36.43 million) from Binance, sparking speculation about institutional or insider accumulation ahead of a potential Chainlink catalyst. This was followed by a single transfer of 2 million LINK—approximately $31.2 million—from Robinhood to an unknown wallet, further suggesting large holders are moving LINK off-exchange, likely for accumulation or long-term storage. These transfers have drawn significant attention from traders, as such patterns often precede price volatility or significant news in the crypto sector. At the time of these events, LINK’s price hovered around $15.46, showing modest daily gains but posting a decline of over 7% for the week. In parallel, Chainlink has announced the rollout of its CCIP v1.6 upgrade, now supporting integration with non-EVM chains—beginning with Solana (SOL)—enhancing scalability, interoperability, and cost efficiency. CCIP now connects over 57 blockchains, broadening Chainlink’s utility in the expanding cross-chain ecosystem. These developments signal potential for increased market action, and traders should monitor LINK for further volatility and technical advancements.

Former U.S. President Donald Trump has urged India and Pakistan to seek resolution of their longstanding disputes through strengthened trade and economic cooperation. This diplomatic stance signals a shift toward dialogue and engagement for both nations, with positive responses reported from both sides. Analysts note that enhanced trade relations between India and Pakistan could drive the implementation of blockchain technology and cryptocurrency for cross-border transactions, making payments more transparent and efficient. As major emerging markets, deeper integration of digital currencies in trade could foster innovation and elevate cryptocurrency acceptance across South Asia. For crypto traders, this development suggests new regulatory openings and practical use cases for assets like Bitcoin and blockchain-based solutions, supporting potential market growth and wider adoption of digital assets in the region. The news also indicates possible shifts in capital flows and regulatory environments within the South Asian crypto landscape.

Leading crypto analysts are increasingly bullish on altcoins, notably Shiba Inu (SHIB) and Cardano (ADA), identifying both as standout contenders with the potential for 100x returns. Expert Henry and other commentators underscore SHIB’s rising momentum, fueled by growing adoption of its layer-2 Shibarium network and consistent token burns. Since Shibarium’s 2023 launch, it has recorded over 1 billion transactions—a testament to surging on-chain activity. Analysts project that if ecosystem adoption improves, SHIB could exceed its previous all-time highs, with potential price growth of up to 790% cited. Cardano (ADA) remains a focal point for long-term investors, with analysts describing the asset as undervalued and robust. Price targets for ADA range from $1.60 in the near term to $3 by year-end, driven by infrastructure upgrades and scalability enhancements. Sentiment around both SHIB and ADA is buoyed by positive technical trends and upcoming catalysts. The articles highlight broader themes of renewed institutional interest, sustained adoption, and market optimism. Traders are advised to monitor these altcoins closely, as continued adoption and network upgrades could offer significant trading opportunities during bullish market cycles.

Recent analysis highlights a significant market shift as at least six of the top 10 cryptocurrencies by market cap—including XRP, BTC, BNB, ADA, TRX, and SUI—have surged above their 200-day simple moving averages (SMA), a widely recognized indicator of long-term market trends. Previously, only a few coins such as XRP, BTC, and TRX had achieved this milestone. The breakout above this key technical level across several major cryptos signals renewed bullish momentum and rising investor confidence, with technical analysts and major platforms like Coinbase indicating this development points to a broad-based bull market rather than isolated asset rallies. Additionally, ADA’s recent rally above both its 50-day and 200-day SMAs has further confirmed trend reversals for individual coins. Crypto traders should monitor whether these assets can sustain their positions above the 200-day SMA, as it may unlock new price targets and reflects improved short- and long-term sentiment. Diversified portfolios are now better positioned to benefit, as the rally extends beyond select coins to wider market participation.

Technical analysis for XRP has resurfaced bullish signals that have caught the attention of crypto traders. A notable recent development is the SuperTrend indicator generating a buy signal for XRP, as highlighted by analyst Ali. This tool, known for identifying trend reversals, suggests renewed upward momentum for XRP, especially as the buy signal coincides with improving sentiment around Ripple’s ongoing SEC litigation and growing adoption of XRP in cross-border payments. Additionally, a Stochastic RSI crossover above the 80 level on XRP’s 2-month chart, last seen before its 20x 2017 rally, has been identified by analyst JD. This pattern follows XRP’s breakout from a multi-year triangle consolidation. Traders are now weighing these technical bullish indicators against continued market volatility and the need for confirmation from other technical and fundamental factors. While short- and long-term investors may consider increasing XRP exposure in light of these signals, analysts urge prudent risk management and vigilance in monitoring key support and resistance levels. Overall, the convergence of positive technical signals and fundamental drivers points to potential short-term gains for XRP, though the scale of past rallies may be harder to replicate.

Cryptocurrencies are experiencing notable volatility, with Bitcoin (BTC) trading near $96,600 and RENDER (RNDR) up almost 97% over the past two months, currently near $4.9. Crypto analyst CAPO, known for his accurate calls during previous bear markets, now maintains a cautious yet bullish approach. He identifies $92,000 as a critical Bitcoin support level—any breach could trigger a sharp correction toward $60,000, a potential decline of over 37%. Conversely, as long as BTC holds above this level, further rallies in altcoins like RENDER and Solana (SOL) are possible. CAPO highlights $4.25 as a key reclaim for RENDER, targeting $6–$7 if momentum persists. Altcoins such as SOL could continue upward if essential supports ($170-$200) are respected, but CAPO cautions about profit-taking and a possible market correction or ’black swan’ event, especially towards month’s end. Macroeconomic factors, including upcoming China-US meetings and expected tariff decreases, may impact crypto prices. CAPO advises traders to hedge after significant gains and stresses monitoring both technical and macroeconomic signals for effective trading strategies. Key takeaways: watch Bitcoin’s support, altcoin trends, and pending global events for informed crypto trading.

Solana is advancing a major consensus upgrade to position itself as a contender against traditional financial exchanges like Nasdaq and NYSE. The new model, introduced by Anatoly Yakovenko and Max Resnick, would deploy multiple concurrent validators to enhance order fairness and prevent transaction censorship. This upgrade is designed to support Solana’s push for on-chain stock and equity issuance, strengthening its appeal to institutional and retail investors. Industry support remains strong, with backing from Paradigm’s Dan Robinson and traction from platforms such as Superstate’s Opening Bell, as well as Robinhood’s plans for EU access to U.S. equities via Solana or Arbitrum. Regulatory openness to blockchain-based securities is highlighted by SEC Commissioner Hester Pierce’s supportive stance on relevant exemptions. Solana’s adoption and revenue in April 2025 continued to exceed Ethereum, with over $800 billion in DEX volume. According to MEXC COO Tracy Jin, SOL’s price could break above key resistance levels at $153 and $180, potentially reaching $200 amid bullish market momentum, further supported by Bitcoin’s recent gains above $100,000. These developments position Solana at the forefront of blockchain-based capital markets and could accelerate its growth among global traders.

Charles Schwab, the largest U.S. online brokerage, and Morgan Stanley are making significant moves into the cryptocurrency market, planning to offer spot trading of Bitcoin and Ethereum. Schwab manages nearly $10 trillion in assets and has over 36.9 million brokerage accounts. According to the latest reports, Schwab and Morgan Stanley aim to meet growing client demand for direct crypto exposure, targeting primarily existing equity and bond investors looking to diversify holdings with small crypto allocations. Their expansion comes amid calls for greater regulatory clarity in the U.S. and reflects a cautious approach to digital assets. A Bernstein report highlights that while these Wall Street firms possess strong brand reputations and vast user bases, they are late entrants compared to established players like Coinbase, Kraken, and Robinhood. This late entry presents competitive challenges, but access to large, traditional investor pools could help Schwab and Morgan Stanley gain rapid market share. Their involvement is expected to heighten competition, enhance market legitimacy, open crypto trading to more conservative investors, and drive further mainstream and institutional crypto adoption. For crypto traders, increased participation from major financial institutions could boost market liquidity and long-term stability, while potentially reshaping the competitive dynamics of U.S. crypto exchanges.

VanEck has filed an S-1 application with the U.S. SEC to launch the first exchange-traded fund (ETF) tracking Binance’s BNB token and its blockchain, potentially including staking rewards. This ETF would give U.S. investors regulated access to BNB—the fifth-largest cryptocurrency by market cap—without direct ownership. The move comes as former Binance CEO Changpeng Zhao (CZ) has been advising governments on establishing national cryptocurrency reserves, fueling speculation about institutional and possibly sovereign adoption of BNB. Bloomberg analyst Eric Balchunas suggests VanEck’s timing may anticipate increased demand for BNB if it is used in national reserves. While the concept of sovereign crypto reserves remains exploratory and BNB faces considerable regulatory scrutiny and centralization concerns, especially in the U.S., VanEck’s filing highlights growing institutional interest and the ongoing integration of traditional finance with the crypto sector. Traders should monitor for SEC updates on the BNB ETF application, potential policy moves by governments regarding crypto reserves, and evolving regulatory frameworks. The development could broaden market acceptance and liquidity for BNB, but regulatory uncertainty continues to present significant risks for price action and adoption compared to assets like Bitcoin.

Cardano (ADA) has reached a new technological milestone by enabling bridgeless Bitcoin (BTC) transfers to and from its blockchain, as demonstrated by BitcoinOS and the Sundial Protocol. This advance eliminates the need for intermediaries, mitigating security risks associated with bridges and custodians, and paves the way for secure cross-chain BTC integration in Cardano’s decentralized applications (dApps). The development strengthens Cardano’s ambition to become a significant player in the Bitcoin DeFi and cross-chain ecosystem. Analysts note that although ADA is well-positioned for long-term growth, persistent macroeconomic challenges and upcoming US Federal Reserve announcements have generated short-term price volatility, with ADA possibly dipping to the $0.60-$0.56 range before potential recovery. Long-term optimism remains, with some experts projecting ADA to reach up to $10 in the next altcoin bull cycle, provided favorable global crypto policies and increasing demand for cross-chain solutions. Crypto traders should monitor ADA for increased activity and price action, especially as the news may fuel broader interest in cross-chain innovations.

A high-profile crypto whale, identified as MeCo, has made a significant move in the TRUMP token market by withdrawing 190,987 TRUMP tokens (worth $2.83 million) from Binance, ahead of an exclusive event dubbed the ’TRUMP dinner party’. This transaction lifted MeCo’s total TRUMP holdings to 1,389,000 tokens, now valued at approximately $20.59 million, positioning MeCo as the second largest TRUMP holder within the ecosystem’s top 25 addresses—second only to Justin Sun. These substantial acquisitions, and the consolidation of TRUMP tokens ahead of a major event, signal sustained interest from influential investors and could trigger speculation among traders. Such large withdrawals from exchanges can reduce available liquidity, potentially driving price volatility and influencing short-term trading strategies. The move highlights ongoing whale activity in TRUMP, underlining the significance of monitoring large wallets and memecoin dynamics for timely trading decisions.

In 2025, crypto rug pull losses have dramatically increased by 6,499%, totaling nearly $6 billion. This surge is majorly due to the Mantra (OM) network’s massive collapse, which alone accounts for 92% of these losses. The crisis was triggered by 43.6 million OM tokens worth $227 million being moved by 17 wallets to exchanges, causing the token’s price to plummet by over 90% within an hour. Although the frequency of such scams has decreased from 21 incidents in early 2024 to 7 during the same period in 2025, the financial impact of each has grown. This trend reflects a shift towards more sophisticated executions, especially in the memecoin sector. These developments underscore the importance of increased vigilance among traders, as the financial devastation of these scams can be significant, despite their reduced frequency.

A group of Democratic Senators, led by Elizabeth Warren, is criticizing the Department of Justice’s decision to dismantle its National Cryptocurrency Enforcement Team (NCET). The lawmakers argue that this move may lead to an increase in cryptocurrency-facilitated crimes such as money laundering and sanctions evasion. Elizabeth Warren and six other senators have written to Deputy Attorney General Todd Blanche, urging a review of this policy change. Blanche justified the closure, stating that the DOJ should focus on prosecuting individuals who directly harm crypto investors rather than acting as a digital assets regulator. NCET had previously played pivotal roles in major cases, including actions against Tornado Cash’s alleged money laundering. Additionally, concerns were raised about possible connections to former President Trump’s crypto-related activities and potential conflicts of interest. The senators have requested a comprehensive explanation of the DOJ’s decision and its impacts by May 1, fearing that the restructuring could weaken regulation enforcement in the crypto space.

Circle’s USDC Treasury minted 250M USDC, a large on-chain stablecoin issuance that expands market liquidity capacity. The mint is executed through regulated treasury smart contracts against corresponding USD deposits, and the USDC mint often routes to institutional partners and exchanges. Traders note that a USDC mint can act as a near-term “liquidity tailwind,” potentially improving execution quality (tighter spreads, lower slippage) and lifting trading volumes for major coins. The latest article also cites USDC scale—~$32B circulating and ~22% of the stablecoin market—along with average monthly minting near $1.2B. Historically, prior large USDC mints (300M in Mar 2023, 200M in Oct 2023, 400M in Jan 2024) were followed by BTC gains within ~30 days, so timing is often watched for momentum signals. This time comes amid cautious optimism after regulatory developments, with spot Bitcoin ETF demand and cross-border settlement interest increasing USDC’s utility. Bottom line: the USDC mint may support BTC/ETH trading conditions short term, but price direction still depends on overall risk sentiment and where the USDC ultimately flows (exchanges vs. DeFi).

MicroStrategy’s Strategy unit reported a large weekly Bitcoin accumulation and realized gains as it leans on preferred-stock financing. For the week ending March 15, 2026 the firm acquired 22,337 BTC at an average price near $70,194, spending $1.57 billion; this produced a reported weekly Bitcoin gain of 16,622 BTC (≈$1.2B). Funding came mainly from preferred shares ($STRC): 11.9 million STRC raised ~$1.18 billion (≈75% of the purchase), with ~$396 million from Class A common stock. Year-to-date Strategy has added 88,568 BTC and reported a BTC gain of 23,134 BTC (~$1.6B). Strong early-March momentum delivered 40,332 BTC in the first two weeks. Total holdings stood at about 761,068 BTC (~$56–56.5B) by March 16, 2026, and the company reiterated its target of 1 million BTC by end-2026, implying roughly 6,158 BTC per week over the remaining period. Strategy’s Bitcoin-per-share (BPS) rose ~3% to ~202,000 sats by March 15, driven by STRC demand; STRC issuance and trading dynamics have expanded as an alternative funding path. Traders should note: (1) sizeable weekly buys that can affect BTC liquidity and on-chain flows; (2) continued reliance on equity issuance (preferred and common) to fund purchases, which can alter share-class dilution and capital structure; and (3) the firm’s public 1M BTC target, which sets a predictable, sizable demand cadence that may influence market sentiment and order-book depth. Key terms: MicroStrategy, Bitcoin acquisition, BTC holdings, STRC, BPS, BTC yield.

US spot Bitcoin (BTC) exchange-traded funds recorded net outflows for a fifth consecutive trading day, with $103.5 million withdrawn on Friday and approximately $1.72 billion pulled over the five-day streak, according to Farside. The outflows spanned a shortened US trading week due to Martin Luther King Jr. Day. BTC spot price hovered near $89,160 at reporting, under the $100,000 psychological level and up about 2.4% over the past 30 days (CoinMarketCap). Market sentiment has weakened: the Crypto Fear & Greed Index sat at 25 (‘Extreme Fear’) since Wednesday. On-chain and social metrics provider Santiment described the market as “uncertain,” noting retail traders are exiting while capital and attention shift toward traditional assets; however, reduced social volume and supply-distribution signals could suggest a forming bottom. Macro commentator Nik Bhatia linked some BTC pessimism to strong precious-metals rallies. Analysts, including Bob Loukas, warned that deeply depressed sentiment can precede a countertrend rebound, implying potential short-term buying opportunities amid elevated volatility. Key takeaways for traders: persistent ETF outflows and extreme fear point to retail risk-off and higher short-term downside risk, but fear-driven conditions may create tactical buying windows if flows or on-chain indicators show stabilization.

HashKey Group has filed to list 240.57 million shares in Hong Kong under the city’s new virtual asset regulatory regime, proposing an offer range of HKD 5.95–6.95 per share (ticker: 3887). Pricing is due Dec. 16, 2025, with trading expected to begin Dec. 17. At the top end, the IPO could raise about HKD 1.67 billion (~USD 215m), with 24.06 million shares reserved for local retail. HashKey presents a regulated, multi-product stack: a licensed spot exchange (SFC Type 1 & 7), custody, institutional staking (≈HKD 29bn staked assets end‑Q3 2025), asset management (≈HKD 7.8bn AUM) and HashKey Chain tokenization (~HKD 1.7bn on‑chain RWAs). Revenue grew from HKD 129m in 2022 to HKD 721m in 2024, but net losses widened to HKD 1.19bn in 2024 due to heavy investment in tech, compliance and expansion; H1 2025 losses narrowed to HKD 506.7m. IPO proceeds are earmarked ~40% for technology/infrastructure, ~40% for international expansion/partnerships, 10% for operations/risk management and 10% for working capital. The filing is framed as a test of investor appetite for “compliance‑first” crypto infrastructure and a signal of confidence in Hong Kong’s tighter crypto oversight. Key trader takeaways: share count and price range, expected proceeds, regulatory licensing, substantial staking and RWA figures, strong revenue growth alongside persistent net losses, and capital allocation aimed at scaling products and global licensing.

Do Kwon, co-founder and public face of TerraUSD (UST) and LUNA, was sentenced to 15 years in U.S. federal prison after convictions for fraud tied to the 2022 collapse of the Terra ecosystem. Prosecutors said Kwon and associates marketed TerraUSD as a cash‑like stablecoin while concealing its reliance on algorithmic mechanisms linked to LUNA that would fail under stress. When the peg broke in 2022, UST de‑pegged and LUNA imploded, wiping out tens of billions of dollars. The conviction focuses on misleading representations about stability and reserves rather than ordinary market losses, and highlights legal accountability for how crypto projects portray risk. The ruling increases regulatory and enforcement scrutiny on algorithmic stablecoins and claims-based token ventures and may spur further civil actions and asset recovery efforts. Market-side notes in the reporting: JPMorgan executed a $50m commercial paper transaction for Galaxy Digital settled on Solana (on‑chain), and YouTube now offers creator payouts in PayPal’s PYUSD stablecoin. Traders should weigh renewed legal and reputational pressure around Terra-related tokens, contagion risk for other algorithmic stablecoins, and the potential for litigation or recovery actions to affect residual Terra assets.

Husky Inu has raised $905,239 in its ongoing pre-launch fundraising, surpassing the $900,000 mark. Since April 1, the project has implemented a dynamic pricing model, increasing the token price every two days from $0.00015. As of November 18, HINU trades at $0.00022594, with the next scheduled bump to $0.00022681. Funds will support platform development, marketing, and ecosystem expansion ahead of the March 27, 2026 launch. Meanwhile, the broader crypto market shows mixed trends: Bitcoin and Solana post gains, while Ethereum, Dogecoin, and Litecoin retreat. The divergence of Husky Inu’s fundraising success and price momentum from the wider market slump underscores its unique tokenomics and potential trading opportunities.

Crypto liquidations surged to $1.2 billion in the last 24 hours, affecting 308,750 traders, according to CoinGlass. Bitcoin led the downturn with $414.6 million liquidated—$331.2 million in longs and $82.8 million in shorts. Ethereum followed at $268.8 million, split between longs and shorts. Other tokens such as Solana (SOL), Dogecoin (DOGE) and XRP also saw heavy liquidations amid sideways market movement. The price of Bitcoin dropped from around $112,000 to near $105,000. This spike in crypto liquidations follows earlier data of $624.4 million in liquidations and 213,938 traders affected. It comes after a record $19 billion wipeout last week. Market volatility increased after the US announced new tariffs on China on October 10, triggering cascading sell-offs. Traders are reassessing risk management strategies as macroeconomic uncertainty persists. Ongoing US-China trade tensions and central bank rate decisions point to continued downside risks and heightened volatility.

The U.S. House’s GENIUS Act establishes a clear regulatory framework for stablecoins, classifying issuers as financial institutions under the Bank Secrecy Act. It mandates 1:1 USD backing, annual audits, and robust AML/KYC controls. This stablecoin regulation has prompted banks like JPMorgan, Citigroup and Bank of America to explore or issue bank-backed tokens. Payment giants Visa, Mastercard and PayPal have already integrated regulated stablecoins, signaling broader institutional adoption. For Ripple, the GENIUS Act accelerates the launch of RLUSD, its XRPL-based stablecoin fully backed by USD and short-term Treasuries. Real-time, SWIFT-agnostic settlements on the XRP Ledger boost demand for XRP and position RLUSD/XRP as tools to globalize a digital dollar layer by tokenizing U.S. debt. Analysts predict this compliance framework will drive institutional flows into regulated assets. Tether’s USDT faces challenges under the new rules: its multi-asset reserves and lack of independent audits conflict with the 1:1 USD/Treasury requirement. Traders may shift capital toward transparent alternatives such as RLUSD and USDC. The GENIUS Act’s 18–36 month compliance window marks a turning point, heralding a new era of institutional-grade stablecoins and blockchain-based dollar tokens.

In July, the US House approved three major crypto bills: the Digital Asset Market Clarity (CLARITY) Act (294–134) clarifying SEC and CFTC jurisdiction and enforcing fund segregation; the GENIUS Act (308–122) requiring fully reserved stablecoins; and the Anti-CBDC Surveillance State Act (219–210) banning a Fed retail CBDC. These crypto bills advance regulatory clarity and market oversight. The GENIUS Act heads to President Trump, who may sign it and issue an order to allow 401(k) plans to invest in cryptocurrencies. He also nominated Eric Tung to the Ninth Circuit Court, a move praised for bolstering compliance certainty. Critics warn of potential systemic risks, so traders should monitor Senate review, NDAA incorporation, and executive actions to gauge market stability and capital flows.