Paradigm argues the FDIC’s stablecoin proposal exceeds the GENIUS Act by restricting third-party rewards and urges changes on reserves, reporting, and tokenized assets as Congress considers the CLARITY Act.
Author: Mawira Samuel Kimani
Mawira Samuel Kimani
Mawira is crypto-enthusiastic with more than 3 years of experience in managing Google News-approved Finance websites. Mawira has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry.
A 50 million XRP transfer from a Ripple-linked wallet flowed through subwallets and into Binance-linked addresses; on-chain data suggests liquidity operations rather than confirmed selling.
JPMorgan says crypto sentiment may turn conservative in late 2026, hinging on Strategy’s Bitcoin exposure and the CLARITY Act; the bank lowered CLARITY Act odds and sees weaker digital asset flows.
Strategy resumed Bitcoin accumulation after a three-week pause, buying 1,550 BTC (~$101 million) at an average price of $65,332 and raising its dollar reserve to $1 billion, bringing holdings to 845,256 BTC.
Ripple opened a larger Washington, D.C. office to deepen engagement with U.S. policymakers as Congress debates crypto rules; the move supports its push for regulatory clarity and stablecoin expansion.
Strive bought 2,500 BTC (~$185.2M), raising its holdings to 19,000 BTC while expanding ASST and SATA at-the-market programs to boost future fundraising capacity.
A New York lawsuit seeking control of 39,069 dormant Bitcoin wallets — reportedly holding about 3.7 million BTC — has drawn legal criticism from Ripple’s David Schwartz, who questioned New York’s jurisdiction and warned of disruptive consequences.
Ripple urged the SEC to clarify broker-dealer treatment of stablecoins, define market rules for non-security crypto assets like XRP, and recognize on-chain registries for tokenized securities.
Robinhood shares rose after the brokerage announced plans to let customers use automated agents for stock trades and credit card purchases, expanding product offerings amid a weak crypto market.
Strategy paused Bitcoin purchases to repurchase nearly $1.5 billion of convertible notes, funding the deal with cash and stock proceeds while maintaining its Bitcoin treasury and focusing on balance sheet flexibility.