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Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!
Crypto news in 2 minutes – markets, tokens, and regulation
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Powell vs Trump: Fed Independence at Stake
01:20|Federal Reserve Chair Jerome Powell accuses President Trump of retaliation, citing a new criminal probe into renovations at the central banks headquarters as pure political revenge for refusing to lower interest rates. Powell defends the Feds independence, while Trump continues to clash with the Fed, threatening to fire Powell and replace him with loyalists like economic adviser Kevin Hassett. The escalating feud raises concerns about the Feds future autonomy and its impact on the economy. Checkout Solipillow.com
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Senate Debates Crypto Bill, Threatening Stablecoin Rewards
01:27|The Clarity Act, a significant crypto bill, heads to Senate markup this Thursday, potentially banning stablecoin rewards on exchanges like Coinbase. Coinbase warns of pulling support, while banking groups fear trillions in potential losses. The crypto community fights back, with groups like Stand With Crypto advocating for their cause. The Genius Act from July leaves a loophole for exchanges, but a ban would significantly impact Coinbases stablecoin revenue. Lawmakers predict delays, with some predicting passage no earlier than 2027 and full rules by 2029. However, Senate Banking Chair Tim Scott is optimistic about faster progress. Checkout Solipillow.com
Crypto Market Surges, Bitcoin Nears Key Level
01:41|Bitcoin holds steady at $90,921, up 0.51%, while Ethereum climbs to $3,113, up 0.88%. Solana jumps 3.07% to $140, Dogecoin edges up 0.44% to $0.39, and Cardano gains 1.03% to $0.65. Traders are optimistic about Bitcoin nearing $91,000, driving volume up. Big movers include a coin surging 18.24% to $563 and another rocketing 24.66% to $2.49. Losers include a coin down 5.48% to $88,058. Bitcoin eyes a potential breakout past $92,000, while Ethereum tests $3,120. Volatility remains high. Checkout Solipillow.com
Crypto Market: BNB Surges, Bitcoin Holds Steady
01:44|Bitcoin holds steady at $90,699, up 0.32%, while Ethereum gains 0.99% to $3,112. Binance coin surges 17.50% to $551.98, and Solana climbs 2.64% to $139.12. Traders buzz about BNBs rally, driven by ecosystem updates. Bitcoins resilience boosts bull confidence, but altcoins like XRP dip. Smaller tokens show wild swings, with one meme coin jumping 14.76% to $2.60. Stablecoins like Tether and USDC remain steady near $1. Checkout Solipillow.com
Ethereum's Bullish Run: History Repeats
01:24|Ethereums Bullish Surge: Michaël van de Poppe Predicts Ethers Price Climb Ethereums ecosystem is thriving, with Ethers price showing promising signs of recovery. Market analyst Michaël van de Poppe remains optimistic about Ethers future, citing its April 2025 low and its price action mirroring the 2019 cycle. Stablecoins on Ethereum have surged over 65% this year, and the growth of tokenized real-world assets and developer activity further bolster Ethers potential. Despite past skepticism, the Ether-Bitcoin ratio suggests a turning point, with Ethers price potentially reaching $5,000 if history repeats. Checkout Solipillow.com
India's Tougher Crypto Rules: Selfies, IDs, and Tax Crackdown
01:42|Indias crypto exchanges face stricter KYC rules, including live selfie verification, geolocation tracking, and bank account verification. With a massive population, these measures aim to secure the worlds largest crypto market. Meanwhile, tax officials warn of cryptos potential for tax evasion, favoring central bank digital currencies over stablecoins. Checkout Solipillow.com
BitMine Stakes Over 1M ETH, Seeks Share Increase
01:31|BitMine Immersion Technologies, the largest Ethereum treasury company, has reached a significant milestone by staking over one million eighty thousand five hundred twelve Ether, totaling more than four million ETH in its treasury. This achievement comes after a challenging year for crypto treasury firms, with BitMines stock dropping over eighty percent from its peak. The companys chairman, Tom Lee, is proposing a one thousand times increase in authorized shares, from fifty million to fifty billion, to provide flexibility for future growth. Checkout Solipillow.com