Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!

South Koreas Financial Services Commission is set to lift a nine-year ban on corporate crypto investments, allowing listed companies and professional investors to allocate up to five percent of their equity capital into the top twenty cryptocurrencies by market cap. This move, which could inject tens of trillions of won into the market, is expected to boost local blockchain startups and crypto firms. Additionally, South Korea is planning to introduce spot Bitcoin exchange-traded funds and a national stablecoin, while aiming to have twenty-five percent of national treasury funds managed through a central bank digital currency by 2030. Checkout Solipillow.com

Seven senior UK Labour MPs urge Prime Minister Keir Starmer to ban cryptocurrency donations to political parties, citing transparency and foreign meddling concerns. The push comes ahead of local elections in May, with potential impact on Reform UK, which recently received a significant crypto donation. The government faces challenges in adding a crypto ban to an elections bill due to complexity. Checkout Solipillow.com

Vitalik Buterin, Ethereum co-founder, advocates for improved decentralized stablecoins on Ethereum, citing risks associated with US dollar-pegged stablecoins and challenges in oracles, staking returns, and protocol security. The stablecoin market, valued at $311 billion, is dominated by centralized players, with decentralized options lagging behind. Checkout Solipillow.com

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

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

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

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

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