It was a week busy in the crypto featuring significant products launches, a debate with a fever on Ethereum, a movement on stablecoin legislation and high -level audiences on the “playback”.
David Sacks, the crypto and the Czar, held a high -level press conference with the management of the Senate, while Senator Hagerty, of Tennessee, presented a new bill of Stablecoin. The proposal, which describes a surveillance regime for the issue of Stablecoin, is based on a bill that adopted the Chamber last year but fell in the Senate. It is more likely to pass this year, now that the Republicans are controlling. Jesse Hamilton de Coindesk had the news.
The Senate also held audiences on the coordinated policy of institutions such as the FDIC to refuse financial services to cryptographic companies during the Biden (alias Debanking) years. Nathan McCauley, CEO Anchorage Digital, institutional guardian, testified (and also wrote on his experience on Coindesk). The founder of Ansensys, Joe Lubin, said that his business had been twice twice, Ian Allison reported.
Ondo Finance introduced a new tokenization blockchain, in preparation for an expected wave of institutional interest for Rwas. Kris Sandor and Helene Braun had history. World Liberty Financial supported by Trump immediately bought $ 470,000 from Ondo, the platform governance token. Kris Sandor and Francisco Rodrigues reported this.
The other big launch of the week came from Berachain, who made his debut and an armor of $ 79 million, said Shaurya Malwa. At the time of writing this document, Bera’s market capitalization was already more than $ 800 million. Shaurya also provided a premonitory analysis of the XRP price, well before its decline by analyzing trading models. Meanwhile, Michael Saylor’s microstrategy renamed, abandoning the “microphone” but not the commitment to buy as much bitcoin as possible. Soon, James Van Straten reported that Blackrock had taken a 5% property in the company.
The news around Ethereum were less pink, as has been the case for a few months now. JPMorgan said that Ether underperformed due to rivals competition like Solana, and because there is a convincing story (like Bitcoin), Will Canny reported. But Ethereum has advanced on its upgrade of Pecctra and its cheerlers are deep, even in Wall Street, said Margaux Nijkerk. So better days can be in advance (Eric Trump has certainly tweeted approval).
Bitcoin is called “digital gold” by some, but apart from it, the precious metal also moves cryptocurrencies. Gold’s historic race has seen prices outperforming the traditional market, carrying the golden back crypto. Francisco Rodrigues underlined how and why tokens like Paxg and Xaut were among the most efficient tokens this year, even surpassing “digital gold”, due to the Lingots rally.
Finally, in an important case for the privacy of the Internet, Alexey Pertsev, one of the developers of Tornado Cash, an Ethereum mixer, was released from prison while waiting for a call. He was sentenced to 64 months inside last year. Happy weekend, everything.
