Month: May 2025

Leading cryptocurrencies rose Monday amid the advancement of a stablecoin legislation in the Senate. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.41% $106,510.09 Ethereum (CRYPTO: ETH)                +6.81% $2,579.90 Dogecoin (CRYPTO: DOGE)           +2.14% $0.2291 What Happened: Bitcoin recaptured $106,000 after tapping liquidity and bouncing off...

The Senate voted in favor of advancing the GENIUS Act, also known as the stablecoin bill, Monday night, overcoming a key procedural hurdle and paving the way for the bill’s final passage. What Happened: The Senate managed to exceed the three-fifths majority, or the 60-vote threshold, required to invoke...

Data shows the Bitcoin trader sentiment has been teetering on the edge of extreme greed for the last few days, a sign that a break may be coming. Bitcoin Fear & Greed Index Is Sitting On The Boundary Of Extreme Greed The “Fear & Greed Index” refers to an...

The U.S. Senate voted to move ahead on stablecoin legislation Monday night, removing a procedural barrier to ultimately passing the bill out of the body entirely. Senators easily cleared the 60-vote threshold for the vote, which is intended to just move the legislation to a period of further debate...

Sen. Elizabeth Warren (D-Mass.) opposed the GENIUS Act, popularly known as the stablecoin bill, on the Senate floor Monday, citing worries that it would enable President Donald Trump’s “crypto corruption.” What Happened: Warren remarked that the Republican-led legislation would supercharge the stablecoin market and the reach and profitablity of the Trump...

Panama City’s mayor stirred up talk this week when he hinted at building a city‑level Bitcoin fund. It all started with a single line on social media. Mayer Mizrachi wrote “Bitcoin Reserve” on X on May 16. He’d just met with Max Keiser and Stacy Herbert, two of the big names behind El...

The Senate’s progress on stablecoin regulation could reshape financial innovation, but partisan divides may hinder comprehensive policy outcomes. The post Senate advances GENIUS Act after cloture vote passes appeared first on Crypto Briefing....

Crypto analyst Marco Polo has provided a bullish outlook for the Dogecoin price, predicting that a rally to a new local high could be imminent. The analyst alluded to technical indicators, which support this DOGE breakout.  Dogecoin Price Setting Up For Classic Move In an X post, Marco Polo...

Crypto infrastructure provider StraitsX debuted its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to cater to growing demand for regulated multi-chain stablecoins supporting real-time cross-border payments. Digital asset developers, fintechs firms and financial institutions can use XSGD to conduct cross-border transactions, settle transactions on-chain and create programmable...

The US Securities and Exchange Commission (SEC) extended its review of two high-profile proposals for spot Solana (SOL) exchange-traded funds, signaling further delays in the approval process for crypto-linked investment products. The agency said it would begin a new round of proceedings to assess whether the ETF proposals from...