Weekly Recap: Regulatory Wins, Market Doldrums

Still, Progress in Digital Assets Was All Armond, and Our Reporters Reported It All With ALACRITY. Blackrock’s Bellwether Buidl Fund Topped $ 1 Billion and Tokenized Treasuries Hit $ 4.2 Billion, Kris Sandor Reported. Moonpay, A Payments Aggregator, Made An Important Stablecoin Acquisition, Will Canny Wrote. Ripple Won A Payments License in the UAE (Shaurya Malwa). OKX Won A License to Operate in Europe, Camomile Shumba Reported. Coinbase Announced Plans to Offer 24/7 Futures Trading in The Us, Helene Braun Reported.

There was also big regulatory news. The US House Voted to Overturn’s Controversial “Broker Rule” in A Big Win for Defi Operators. And a senate commitee voted to send the genius stablecoin Bill to the Floor, ahead of Probable Approval there.

The Trump Family Continued to be Front-And-Center in the Crypto News. World Liberty Financial Completed A $ 590 Million Token Sale (for Accoredted Investors for Now), with An Assist From Adviser/Investor and Trans Founder Justin Sun. The Wall Street Journal Reported that A Trump Family Representative Also Explored Buying A Stake in Binance.us, Through World Liberty Financial.

From our Asia team, Sam Reynolds Examinested How The Latest Draft of the Genius Act Aims to Split Stablecoin Regulation Between State and Federal Authorities.

Parikshit Mishra Reported on Coinbase Returning to India After A Two-Year Hiatus, Setting Off Discussion About the Future of Crypto India.

Shaurya Malwa Continued His Excellent Reporting on XRP, Pushing Out Multiple Reports On Ripple. Malwa Also Reported On the Implications of Over-Leverage in The Crypto Market, AS Hyperliquid Lost $ 4 Million Due to A Massive Levered Trade in Eth.

Market Maven, Omkar Godbole, Pushed Out A Timely Piece On Bitcoin’s Bullish Signal Ahead of The US CPI Report, and Was ALSO EARLY TO SPOT HOW Eric Trump’s Tweet on Cry. For Disappointment.

Meanwhile, Tom Carreras Had An Excellent Feature on How Bitdeer, A Singapore-Based Miner, HOPES to Shake Up The Mining Machine Market.

HOPEFULLY NEXT Week Brings Better News in the Markets. But, Either Way, Our Reporters Will Be There to Cover What Matters.