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“Jupnet is a really big lift across the board, lots of research to be done across the board, proof of concepts to be developed in lieu of a good design, followed by lots of productizing https://tip365.info/review/el-royale/. With Jupnet, we hope to add some special elements to the crypto space,” @weremeow noted in a post.
Stablecoins are a fast-growing corner of the cryptocurrency industry that have produced enormous profits for some of the major players involved. They offer a buffer from cryptocurrency’s notorious volatility because they are pegged to real-world assets, like U.S. dollars or gold. Typically, that means a single stablecoin is worth $1, making them a much more reliable digital asset to make commercial transactions than other forms of crypto.
However, as some Democrats have insisted that an imperfect bill is better than no regulatory legislation, the top Democrat on the Senate Banking Committee argued the opposite. In a speech on the Senate floor on Monday afternoon, Sen. Elizabeth Warren insisted, “while a strong stablecoin bill is the best possible outcome, this weak bill is worse than no bill at all.”
South Korea Blocks 14 Crypto Apps Including KuCoin & MEXCA regulatory crackdown led to app store bans of 14 unregistered crypto services. South Korea’s authorities plan to make crypto enforcement permanent.
Cryptocurrency news predictions
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“Trump and his VP selection JD Vance have taken a very pro-crypto stance, and people are cautiously optimistic that legislators of both parties will be considering a more common sense approach to digital asset regulations,” Eberle says.
Among the 10 largest cryptocurrencies by market capitalization, XRP (XRP) was the best July performer with a 26.9% gain. Toncoin (TON) was the worst performer of the month but remains up 21.5% overall in the past three months.
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“Trump and his VP selection JD Vance have taken a very pro-crypto stance, and people are cautiously optimistic that legislators of both parties will be considering a more common sense approach to digital asset regulations,” Eberle says.
Among the 10 largest cryptocurrencies by market capitalization, XRP (XRP) was the best July performer with a 26.9% gain. Toncoin (TON) was the worst performer of the month but remains up 21.5% overall in the past three months.
Latest cryptocurrency news
Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive.
SEC Chair Atkins Missing From Crypto Custody EventDespite being recently confirmed, SEC Chair Paul Atkins won’t lead the April 25 roundtable on crypto custody. Acting Chair Mark Uyeda will step in as Kraken, Fidelity, and Anchorage join the discussion.
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Cryptocurrency market news
Bitcoin (BTC) price stabilizes at around $105,200 at the time of writing on Tuesday, just 4% shy of its record peak. The positive narrative builds as JPMorgan CEO Jamie Dimon said the bank will let clients buy Bitcoin on Monday.
While the legislation seeks to provide clarity and oversight in the burgeoning stablecoin market, recent developments have introduced partisan divisions and raised concerns over consumer protections and financial stability.
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Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
This week, one of the top crypto news stories is Mantle Network’s integration announcement. After the Tectonic Upgrade was implemented in March 2024 and the Mainnet Alpha launch in July 2023, the Mantle ecosystem will undergo a planned update.
