The Consultative Council of Depository Institutions of the Federal Reserve System (CDIAC) expressed concern regarding stablecoins issued by non-bank organizations. The Committee believes that these stablecoins may accelerate the outflow of bank deposits and weaken the ability of public banks to provide loans to small businesses and households. The Committee compared stablecoins to the impact of money market funds on the banking industry at the end of the 20th century, noting their similarity to central bank digital currencies (CBDC) in potentially diverting the deposit base from the banking system.
It emphasized that current stablecoins are not subject to equivalent liquidity regulatory requirements, which may lead banks to reduce their lending offerings, particularly affecting small borrowers who rely on local banks. The Committee recommended including stablecoins in the regulatory framework for financial stability, advocating for unified standards for both banking and non-banking issuing institutions to prevent regulatory arbitrage.
London company Abraxas Capital purchased another 33,482,$ETH ($84.7 million), bringing the total to 211,030,$ETH ($477.6 million) over the last 6 days. $ETH
🔹 The cycle indicator just crossed the line upwards, marking the beginning of the altcoin season. 🔹 This is the first bullish signal since the end of November, which started a 15-day altcoin season.
Open interest in futures has increased by more than $1 billion over the past week, rising from $2.42 billion to $3.42 billion (+41.6%). This sharp increase in leverage coincides with the price rise from $2.14 to $2.48, indicating increased speculative activity and growing directional confidence. 76506623014
Dubai has signed an agreement with Crypto.com and will become one of the first governments in the world to fully allow cryptocurrency payments for government services.
The company Strategy acquired 13,390 BTC for approximately ~$1.34 billion at a price of ~$99,856 per bitcoin and achieved a return of 15.5% since the beginning of 2025. As of 11/5/2025, they have acquired 568,840 BTC for approximately ~$39.41 billion at a price of ~$69,287 per bitcoin. $BTC
On May 2, 2023, the SEC will hold a discussion on the tokenization of cryptocurrencies with the participation of key financial companies. It is possible that the regulation of this industry will also be discussed. RWA tokens may respond well to this.
On May 21, 2023, the SEC will hold a discussion on the topic of cryptocurrency tokenization with the participation of key financial companies. It is possible that the regulation of this industry will also be addressed. RWA tokens may respond well to this.
CHINA WILL LOWER TARIFFS ON GOODS FROM THE USA TO 10% FROM 125% FOR 90 DAYS
THE USA WILL LOWER TARIFFS ON GOODS FROM CHINA TO 30% FROM 145%
EFFECTIVE FROM MAY 14
NervNeNerv
--
U.S. Treasury Secretary Bessent says trade talks with China were "very productive": "We will share details tomorrow, but I can say that the talks were productive".
There may be volatility on this news. There may be manipulation.
U.S. Treasury Secretary Bessent says trade talks with China were "very productive": "We will share details tomorrow, but I can say that the talks were productive".
There may be volatility on this news. There may be manipulation.
This week, the flows of American Bitcoin ETFs (net accumulated flow) reached a new high of $41.3 billion, surpassing the previous peak of $40.8 billion set on February 7.
The net assets in Bitcoin ETFs amount to approximately $106 billion.
I would like to first see a break in structure, and then already jump into Shorts on the retest. Well, something tells me that it’s possible to hit even now. The main thing is not to hit face-first in the dirt 🤭 $BTC
#ETHCrossed2500 On May 12, the SEC will hold a discussion on the tokenization of cryptocurrencies with the participation of key financial companies. It is possible that the regulation of this sector will also be addressed. RWA tokens may respond well to this.