Author: CryptoDigestAlert.com

TLDR: The Lummis Bitcoin Act could convert gold certificates into Bitcoin, injecting up to $1.5 trillion into U.S. reserves. The Treasury may reprice gold from $42.22 to $4200 per ounce to fund Bitcoin purchases worth $90–200 billion yearly. The Federal Reserve’s gold revaluation would create an internal cash credit for Bitcoin acquisitions without selling gold. The plan proposes the U.S. to accumulate 200,000 BTC annually through OTC purchases for 20 years. The proposed Lummis Bitcoin Act of 2025 could mark one of the largest financial realignments in modern U.S. history. The draft outlines how gold certificates held by the Federal…

Read More

Ethereum price has crashed into a bear market in the past few weeks, but technicals and treasury purchases point to a strong comeback in the near term.  Summary Ethereum price has pulled back and moved into a bear market this year. The coin has formed a bullish flag pattern on the daily chart. Companies like BitMine have continued to accumulate Ether tokens. At last check Saturday, Ethereum (ETH) traded at around $3,860, down by over 22% from the year-to-date high of $4,965, but up about 2.4% over the past 24 hours. Ethereum price has numerous fundamental and technical catalysts that…

Read More

TLDR: Erebor received conditional OCC approval, becoming the first crypto-linked bank cleared for a national charter in the U.S. Sony filed through Connectia Trust to form a federally regulated crypto bank, entering direct competition with Erebor. Erebor’s model includes full depository services and FDIC protection, unlike Anchorage Digital’s limited charter. Circle, Ripple, Coinbase, and Stripe await OCC decisions as global tech and crypto firms compete for trust licenses. The U.S. crypto banking scene is entering a new phase. A fresh competitor now has the green light while another global player prepares to join.  The Office of the Comptroller of the…

Read More

U.S. stocks traded mixed as jitters around bad loans at regional banks persisted despite President Donald Trump’s latest comments on trade tensions between the United States and China. Summary U.S. stocks opened mixed as investors weighed the latest tariff news from President Donald Trump. Trump’s comments on Friday about tariffs on China not being “sustainable” soothed sentiment. Dow Jones Industrial Average, the S&P 500 and Nasdaq had slipped as Wall Street reacted credit jitters and bad loans news from US regional banks The Dow Jones Industrial Average added 50 points, but the S&P 500 slipped 0.2% despite upbeat sentiment helped…

Read More

TLDR: DeFi Dev Corp adds $9.6M worth of Solana, lifting total holdings to over $426M. The new purchase strengthens Solana per share value across the firm’s treasury. The firm’s strategy focuses on asset-backed expansion, not speculative trading. Solana remains central to DeFi Dev Corp’s long-term blockchain participation goals. DeFi Development Corp (DeFi Dev Corp) has expanded its Solana treasury with a $9.6 million purchase, increasing its total holdings to over $426 million.  The move reflects the firm’s ongoing strategy to build long-term exposure to digital assets through active market participation. The latest acquisition positions the company among the largest corporate…

Read More

TLDR: Bybit becomes first crypto exchange to secure UAE’s full SCA license, enabling regulated services nationwide Under the new license, Bybit will offer trading, custody, fiat conversion to retail and institutional clients The license follows Bybit’s In-Principle Approval in Feb 2025 with support from Abu Dhabi’s Blockchain Centre Bybit plans Abu Dhabi regional hub, 500+ UAE hires, and new Web3 education and innovation programs Bybit has secured the United Arab Emirates’ first full Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA). This licensing opens the door for regulated crypto operations across the UAE mainland.  The exchange…

Read More

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Department of Information and Communications Technology (DICT) Sec. Henry Aguda, the government is taking concrete steps to test whether blockchain can make the Philippine national budget more open and traceable. He told the Malacañang Press Corps that a working prototype will be shown to senators and representatives to prove the idea can work. The move comes as lawmakers push a bill that would put budget documents and transaction records on a distributed ledger for public verification. DICT Moves To Build Prototype Aguda said the country…

Read More

TLDR: VanEck’s fifth Solana ETF amendment fixes a 0.3% fee, confirming its most cost-efficient crypto ETF proposal yet. The filing adds plans for staking SOL through multiple providers to optimize uptime, performance, and compliance. VanEck Digital Assets, LLC named as the authorized participant, signaling a defined operational framework. Community data from @SolanaFloor confirms the ETF’s flexibility to stake SOL once regulatory clarity improves. VanEck has moved another step closer to launching its Solana spot ETF.  The asset manager filed its fifth S-1/A amendment with the U.S. Securities and Exchange Commission, sharpening terms and finalizing its fee structure. Investors tracking Solana…

Read More

With the Bitcoin price seeing some recovery after crashing to $102,000, speculations now abound as to where the pioneer cryptocurrency could be headed next. So far, it has been a mixed bag, with some expecting a rally similar to the COVID rally to follow, and others believing that this is the start of the bear market. In the same vein, a pseudonymous crypto analyst has painted a clear picture of where they expect the Bitcoin price to go, depending on how it performs in relation to the midpoint level. What Happens If The Bitcoin Price Stay Above the Midpoint? Presently,…

Read More

Matrixport noted that stablecoin inflows have continued to dominate the market in spite of the crash, signaling that the crypto cycle is still going strong amidst volatility. Summary Despite recent market crashes and increased short positions from whales, the stablecoin sector has remained resilient, with USDT and USDC collectively generating $74 billion in new inflows. Matrixport highlighted the rapid growth and maturity of the stablecoin market, now exceeding $300 billion in value, as evidence of the crypto industry’s diversification. In a recent report, the on-chain analysis platform highlighted the growth of stablecoins and their ability to hold up despite crashes…

Read More