John Crawford

John Crawford

US Treasury Seeks Comment on State-Level Stablecoin Regulatory Criteria

The US Department of the Treasury issued a notice of proposed rulemaking (NPRM) on Wednesday and is seeking public comment on proposed regulations for state-level stablecoin governance frameworks under the GENIUS Act. The GENIUS stablecoin regulatory framework, also known as the “Guiding and Establishing National Innovation for US Stablecoins Act,” gives states the authority to

$80M Hyperliquid Whale Bet Predicts Bitcoin Crash and Oil Rally

Key takeaways: A Hyperliquid whale placed an $80 million bet against Bitcoin and the S&P 500 while going long on Brent crude oil prices. The whale’s history of massive losses and inconsistent signals suggests the trade could fall on the wrong side of the market. Bitcoin (BTC) showed strength on Wednesday, bouncing back from Tuesday's

EDX Markets Applies for OCC Trust Bank to Expand Crypto Services

EDX Markets, an institutional crypto exchange, has applied to the US Office of the Comptroller of the Currency (OCC) to establish a national trust bank that would provide crypto custody, asset management and trade-settlement services. The proposed entity, EDX Trust, would operate as a non-depository national bank, separating custody and settlement from trading while continuing

Tether Executive to Head Pro-Crypto PAC Before US Midterms

Jesse Spiro, the head of government affairs at stablecoin issuer Tether, will chair a crypto-backed super political action committee (super PAC) to “actively support candidates” in the 2026 US midterm elections and beyond. In a Wednesday announcement, the Fellowship PAC, a committee that launched in August 2025 and later claimed to have raised “over $100

Bitcoin Must Clear $69K For Altcoins and BTC To Resume Bull Market

Key points: Buyers will have to sustain Bitcoin above $69,000 to gain the upper hand in the short term. Select major altcoins may break above their near-term resistance, signaling buying at lower levels. Bitcoin (BTC) is facing resistance at $69,000, but the bulls continue to exert pressure. A minor positive in favor of the bulls

Drift Protocol Warns of Potential Cybersecurity Exploit

Drift Protocol, a decentralized cryptocurrency exchange (DEX), detected unusual trading activity on the platform on Wednesday, warning users not to deposit funds until the issue has been resolved. The Drift team did not disclose the specific cause of the ongoing incident or the damage in its initial announcement and is currently investigating the issue.  In

Bitcoin Treasury Sell-Off May Signal Wider Capitulation

The value of the Bitcoin treasury company's holdings peaked at over $711 million in October 2025, when BTC hit an all-time high of about $126,000. Bitcoin (BTC) treasury company Nakamoto (NAKA) selling its BTC at a loss could signal capitulation of more crypto treasury companies and the start of a “contagion” that could spark a

Buffett Bought $17B US T-Bills — What It Means for Bitcoin

Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, said in a CNBC interview this week that his firm purchased approximately $17 billion in US Treasury bills at the latest auction. Is a stock market crash coming and what does it mean for Bitcoin (BTC)? Key takeaways: Berkshire held $373 billion in cash or

Naoris Launches Post-Quantum Blockchain as Quantum Risks Grow

Naoris Protocol has launched its mainnet, introducing a layer-1 blockchain designed to use post-quantum cryptography for transaction validation and network security. The network is live with limited, invite-only participation, allowing early users to run validator nodes and process transactions. According to an announcement shared with Cointelegraph, it integrates cryptographic standards finalized by the National Institute

CFTC Ready to Oversee Entire Crypto Market

Michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December. Commodity Futures Trading Commission (CFTC) Chair Michael Selig said on Wednesday that the agency is prepared to oversee the entire digital asset market, even as Congress has yet to pass a market structure bill defining
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