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Bitcoin (BTC) price rises on Japan interest rate hike as futures traders pile in

The crypto market’s rich vein of volatility extended into Friday morning with bitcoin BTC$88,303.49 rises from a low at 1:00 UTC at $85,200 to $88,000 over five hours after the Bank of Japan raised interest rates to the highest level in 30 years. The move marked the fourth time bitcoin has risen more than 2%

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Reaffirming the GENIUS Act carries risk and no rewards

The GENIUS Act represents something harder and harder to find in Washington: true bipartisan consensus on complex fiscal policy. After months of negotiations and compromise, Congress delivered a stablecoin framework designed to protect consumers, support innovation and strengthen the dollar’s global leadership. Now, just as regulators begin the hard work of implementation, some in the

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Poland’s parliament revives controversial crypto law despite presidential veto

Poland’s lower house of parliament, the Sejm, passed a sweeping bill to regulate the crypto industry, reviving legislation previously vetoed by President Karol Nawrocki and sending it to the Senate for further debate. The Crypto-Asset Market Act, approved Thursday by 241 lawmakers in the Sejm, remains unchanged from the version struck down earlier this month,

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Wall Street bank JPMorgan (JPM) says stablecoin market could grow to $600 billion by 2028

Wall Street bank JPMorgan Chase & Co. (JPM) said stablecoin supply could reach $500 billion to $600 billion by 2028, far from the most bullish $2 trillion to $4 trillion calls. Stablecoin demand is still primarily a crypto market story, not a payments story, according to the largest US bank by assets. JPMorgan noted that

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Crypto’s closest ally in Congress, Senator Lummis, is retiring next year

US Senator Cynthia Lummis, who has arguably been the crypto sector’s closest friend in Congress, will not seek a second term, she said in a statement on Friday. The first-term lawmaker will resign after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming but also removing a key

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