Hot Topics
White House to target banks as Trump claims bank discrimination
President Donald Trump claimed that JPMorgan and Bank of America discriminated against him by rejecting his deposits, prompting a White House executive order to investigate banks for "politicized or unlawful debanking" practices, potentially leading to penalties for violating anti-discrimination laws.
Gold Gains as Weaker Economic Data Boosts Fed Rate Cut Bets
Gold edged higher on Tuesday as weaker US economic data increased expectations for Federal Reserve rate cuts, boosting demand for the precious metal.
SEC Says Liquid Staking Doesn't Run Afoul of Securities Laws
The SEC stated that liquid staking does not require securities law disclosures, suggesting compliant crypto participants are unlikely to face lawsuits.
Market Updates
Bitcoin 90-Day Volatility Falls to Record Low
Bitcoin's 90-day volatility fell to a record low below 40 as U.S. spot bitcoin ETFs drove steady institutional inflows, stabilizing prices and reducing dramatic swings.
Bitcoin Treasuries Add 630 BTC as ETFs Lose $323.5M in Outflows
Bitcoin corporate treasuries added 630 BTC ($72M) on Monday, while U.S. spot Bitcoin ETFs saw $323.5M in outflows, reflecting contrasting institutional accumulation and short-term investor pullback amid market volatility.
Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform
Pendle launched Boros on Arbitrum, enabling traders to bet on bitcoin and ether funding rates using Yield Units, offering a hedge against fluctuating rates with $10 million open interest and 1.2x leverage.
Base network says sequencer handoff failure caused 33-minute mainnet outage
The Base network experienced a 33-minute mainnet outage due to a sequencer handoff failure caused by onchain activity, prompting the team to update infrastructure for reliable sequencer leadership transfers.
