Author: AltCoinDrops.com
Trump vows future-proof U.S. crypto market structure that cannot be reversed by critics
President Donald Trump is doubling down on his ambition to cement a permanent legal framework for cryptocurrency in the United States, vowing that the country’s emerging digital asset rules will be “future-proof.” He added that the framework would be resistant to reversal by future administrations or political critics. The remarks come amid an intensified push in Washington to finalize sweeping crypto market structure legislation that would define how digital assets are regulated across federal agencies, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). In a post on his Truth Social account, Trump framed his…
Ripple Calls for SEC Clarity on Stablecoins, Crypto Non-Securities and Tokenization
Ripple has submitted a letter to the US Securities and Exchange Commission’s (SEC) Crypto Task Force. The crypto giant urges clear guidelines or amendments to stablecoins, crypto asset non-security status, and tokenized securities rules. This marks a significant push for regulatory clarity for the crypto industry. Ripple Submits 5 Proposals to US SEC on Stablecoins, Crypto Non-Securities, Tokenization Ripple shared the company’s rationale and suggestions regarding payment stablecoins and tokenized securities guidance, according to a letter to the SEC Crypto Task Force. The letter is a follow-up to the crypto company’s meeting with Commissioner Hester Peirce and members of the…
BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. Summary Project Agora demonstrated tokenised cross-border settlement across seven central banks and more than 40 financial institutions. The Bank of Canada joined Wednesday, with real-value transactions set as the next testing milestone. The prototype preserves correspondent banking, sanctions screening, and SWIFT compatibility rather than replacing them. BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. The Bank for International Settlements confirmed the move Wednesday. Project Agora, a public-private collaboration with seven central banks…
As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related Reading Dogecoin Historical Setup Targets Massive Expansion On Wednesday, Dogecoin continued its sideways trajectory between the $0.100-$0.105 local range. The cryptocurrency has been trading within this area for the past four days, after recovering from its one-month low of $0.097 recorded on Saturday. Amid this performance, market observer Trader Tardigrade shared a bullish outlook for the cryptocurrency, analyzing DOGE’s chart on multiple timeframes. He pointed out a “textbook”…
TLDR: Ethereum Foundation sees a concentrated wave of exits across research and protocol leadership roles recently. Contributors spanning Beacon Chain, L2 scaling, and coordination roles have stepped away in a short window. Vitalik Buterin reaffirmed Ethereum Foundation resilience and continued progress on core roadmap execution. Market attention shifts toward Ethereum leadership continuity amid growing L2 fragmentation pressure globally. Ethereum leadership structure is undergoing visible change across the Ethereum Foundation. Over recent months, multiple long-time contributors and protocol researchers have exited roles. Vitalik Buterin responded with reassurance, pointing to a resilient and decentralized EF structure. The shift raises questions about execution…
Capital Rotates to High-Performance Networks as Near Protocol Rallies and Bitcoin Hyper Passes $32M
High-performance blockchain infrastructure is attracting significant capital inflows as the broader cryptocurrency market undergoes a selective altcoin rotation. While major assets experience consolidation, Near Protocol (NEAR) and Hyperliquid (HYPE) have logged substantial gains, highlighting a broader market trend toward networks that offer high throughput and technical utility.Simultaneously, Bitcoin Hyper ($HYPER), an emerging Layer 2 scaling solution designed to bring Solana-level execution speeds to the Bitcoin network, has surpassed the $32 million milestone in its ongoing presale. This capital allocation underscores growing investor demand for infrastructure projects that can scale established networks without compromising base-layer security.Near Protocol has registered a 13%…
TLDR: ZEC’s MVRV ratio climbed to 1.59 as the asset traded above its realized price level Rising open interest and short liquidations continue supporting the latest ZEC price expansion Alphractal warned declining active addresses may weaken the sustainability of the current rally Trader Ardi identified the $700 region as the next major resistance zone for ZEC price action ZEC has extended its sharp recovery as traders monitor rising derivatives activity and improving profitability metrics. Data shared by Alphractal showed the privacy-focused cryptocurrency trading in aggregate profit territory after its MVRV ratio climbed above 1.0. The token also posted strong daily…
TLDR The UK government sanctioned HTX over alleged financial services linked to Russia. Authorities said HTX had connections to A7 Limited Liability Company and Garantex Europe OU. The sanctions include an asset freeze, trust services restrictions, and banking limits. UK internet providers and app stores must restrict access to HTX-related services. HTX was already facing FCA legal action over alleged illegal crypto promotions. UK authorities have sanctioned HTX, formerly Huobi Global, after accusing the crypto exchange of supporting Russia through financial services linked to sanctioned networks. According to the UK government’s sanctions notice published on May 26, Huobi Global S.A.,…
U.S. President Donald Trump has backed the CFTC’s exclusive authority over prediction markets as federal and state officials fight over who should regulate the fast-growing sector. Summary Trump has backed the CFTC’s exclusive authority over prediction markets as states argue that some contracts should fall under gambling laws. The dispute covers sports and entertainment-linked contracts, with lawsuits and federal court cases already testing state and federal power. Trump’s family ties to Polymarket and Kalshi have added scrutiny as Congress also probes the prediction market sector. According to Trump’s Truth Social post late Tuesday, keeping the Commodity Futures Trading Commission in…
Ripple News: Squid Raised $6 Million With Ripple Backing, Then Lost Half of It to a Hack Less Than 24 Hours Later
Ripple News: Squid Crypto closed a $6 million strategic funding round led by North Island Ventures with participation from Ripple on May 25, 2026, and within less than 24 hours, an attacker drained $3 million from the protocol. The exploit hit a third-party liquidity aggregation module integrated into Squid’s cross-chain swap infrastructure, not the audited core contracts. Squid’s official response has been to distance itself from the breach entirely, stating the team does not know who deployed the specific module responsible for the drain. Blockaid detected an ongoing exploit targeting the SquidRouterModule on Ethereum and Base.86 Gnosis Safes drained for…
