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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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Big Banks Embrace Crypto: JPMorgan, Morgan Stanley, Barclays, Bank of America
01:39|Big banks are embracing cryptocurrency, with JPMorgan expanding JPM Coin, Morgan Stanley filing for Bitcoin and Solana ETFs, Barclays investing in stablecoin platform Ubyx, and Bank of America allowing advisers to recommend major spot Bitcoin ETFs. This marks a significant shift from the sidelines to the center of crypto, opening doors for millions of investors and faster global money movement. Checkout Solipillow.com
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Senate Democrats Push for Crypto Ethics Rules
01:32|Democratic Senate leaders push for ethics rules in crypto market bill, demanding no elected officials, including Trump, can profit from ties to crypto companies. Senators like Adam Schiff and Ruben Gallego lead the charge, calling for strong conflict-of-interest guardrails. The bill, which would give the CFTC more power over crypto, has been delayed by government shutdowns and could be impacted by Wyoming Senator Cynthia Lummis upcoming departure. Senate Banking Committee Chair Tim Scott announces markup on Thursday, but next steps remain unclear amid midterm election talks. Checkout Solipillow.com
Crypto Market: Bitcoin Steady, Altcoins Dip
01:48|Bitcoin maintains steady at $90,210, but dips by 0.66%. Ethereum drops slightly by 0.89% to $3,787.87. Binance Coin falls by 1.93% to $2.08, while Solana declines by 1.40% to $135.42. Stablecoins like Tether and USDC remain stable. Dogecoin rises by 1.18% to $0.298413. Most major coins are down, with investors cautious after recent highs. Bitcoins dominance is strong, while Ethereum lags slightly. The market remains volatile, with weekend trading potentially influenced by fresh news. Checkout Solipillow.com
Crypto Market Holds Steady, Analysts Predict Sideways Action
02:02|Bitcoin hovers around $90,433, down slightly, while Ethereum dips to $3,886. Most top coins are in the red, with Solana and Binance Coin showing minor gains. Traders eye inflation data and Fed comments, as social media buzz remains muted. Retail investors hold long-term positions, while some worry about smaller caps like Kaspa. New data highlights Render and micro caps gaining ground. Total market cap remains stable near $2.8 trillion, with analysts predicting sideways action unless Bitcoin breaks $91,000. Checkout Solipillow.com
CLARITY Act's Fate Hangs in Senate Banking Committee
01:34|The Digital Asset Market Clarity Act, or CLARITY Act, faces a crucial vote next week in the Senate Banking Committee. To move forward, it needs bipartisan support, with Republicans aiming to win over seven to ten Democrats for the sixty votes needed in the full Senate. If they secure just four Democratic votes in the committee, it could gain momentum, similar to the GENIUS Act on stablecoins. Passing the bill would clarify regulations and attract big institutions to crypto, but a failure could dampen short-term investor sentiment. TD Cowen predicts it might not pass until 2027, or even 2029, if Democrats stall and regain power. Ray Dalio warns that Trump-era boosts for crypto and tech could disappear if Republicans lose control of Congress. Checkout Solipillow.com
Crypto Market Holds Steady, Altcoins Surge
01:25|Bitcoin holds steady at $90,274, while Ethereum dips slightly to $3,800. Despite overall market declines, Solana and a few altcoins surge. Traders eye Bitcoins $90,000 support level, with stablecoins steady and meme coins seeing sharp moves. The Federal Reserves updates could impact sentiment, keeping the market volatile. Checkout Solipillow.com
New Bill Targets Insider Trading in Prediction Markets
01:47|New York Representative Ritchie Torres introduces the Public Integrity in Financial Prediction Markets Act, aiming to prevent insider trading in prediction markets. This comes after a user made a fortune betting on Venezuelan President Nicolás Maduros ousting, which later happened. Torres criticizes prediction markets as a corrupt spot, with potential insider trading and policy manipulation. The big winner of the Maduro bet has vanished, raising questions. Meanwhile, the Senate prepares for a markup on the Clarity Act, a bill that could significantly impact crypto regulation. Checkout Solipillow.com