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Big Day for Stablecoins! $200B+ price call on Hype! Rainbow Wallet interview
Crypto majors were mostly flat; btc -0.3% at $87,000; eth -1% at $2,930, bnb -1% at $858, sol even at $128. Night (+11%), morpho (+10%) and myx (+5%) led top movers. Bitwise forecasted new bitcoin all-time highs in 2026, pointing to structural factors like institutional capital inflows, regulatory clarity, and continued adoption to outweigh historical bearish factors. The sec ended its four-year investigation into aave, closing the file without recommending enforcement action. Visa expanded its stablecoin pilot to more us banks and to include settlement on solana. The fdic approved a proposal to implement the genius act, outlining how fdic-supervised banks could issue payment stablecoins through subsidiaries. Trump said he would be open to nominating democrats to the sec and cftc, a shift that could help unblock the stalled senate crypto market-structure bill. Elizabeth warren raised concerns about dex risks, flagging pancakeswap and alleging links to trump-connected flows and north korea–tied laundering. The ftc said nomad must repay recovered funds after the $186m 2022 bridge hack. Hong kong influencers face charges related to their promotion of the collapsed jpex exchange, which left investors with roughly $206 m in losses. The south korean government approved about $15m in debt relief for crypto traders.
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