It was a week occupied in cryptography with important product releases, feverish debate around Ethereum, movement on Stablecoin legislation and hearings of the High Profile Congress on “Debate”.
David Sacks, the Crypto and AI CZAR, held a high -profile press conference with the leadership of the Senate, such as Senator Hagerty, of Tennessee, presented a new draft Law of Stablecoin. The proposal, which describes a supervision regime for the issuance of Stablecoin, is based on a bill that approved the Chamber last year but fell into the Senate. It is more likely to happen this year, now that Republicans have control. Jesse Hamilton de Coindesk had the news.
The Senate also held hearings on the coordinated policy of institutions such as the FIC to deny financial services to cryptographic companies during the Biden years (also known as Debanking). Nathan McCauley, CEO Anchorage Digital, an institutional custodian, testified (and also wrote about his experience in Coindesk). The founder of Consensys, Joe Lubin, said his company had also been discouraged twice, Ian Allison reported.
Ondo Finance introduced a new tokenization block chain, in preparation for an expected wave of institutional interest in RWAS. Kris Sandor and Helene Braun had the story. World Liberty Financial backed by Trump immediately bought $ 470,000 in Ondo, the platform government file. Kris Sandor and Francisco Rodrigues reported that.
The other great launch of the week of Berachain, which debuted a Netnet Main and an Airdrop of 79 million people, Shaurya Malwa reported. At the time of writing, Bera market capitalization was already more than $ 800 million. Shaurya also provided a prescious analysis of the XRP price, far ahead of its decrease in analyzing negotiation patterns. Meanwhile, Michael Saylor’s microstrategy renamed, dropping the “micro” 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 about Ethereum were less optimistic, as has been the case for a few months. JPMorgan said Ether has had a lower performance due to the competition of rivals like Solana, and because he lacks a convincing narrative (such as Bitcoin), said Will Canny. But Ethereum advanced in his sirty update and his cheerleaders run deeply, even on Wall Street, said Margaux Nijkerk. So the best days can be ahead (Eric Trump certainly tweeted a support).
Bitcoin is called “digital gold” by some, but outside it, real precious metal also moves cryptocurrencies. Gold’s historical career has seen that prices exceed the traditional market, leading to the cryptography supported by gold. Francisco Rodrigues highlighted how and why chips like Paxg and Xaut were among the tokens with the best performance this year, even surpassing the “digital gold”, due to the manifestation of the ingots.
Finally, in an important case for Internet privacy, Alexey Pertsev, one of Cash Tornado developers, an Ethereum mixer, was released from jail pending an appeal. He had been sentenced to 64 months inside last year. Happy weekend, all.
