Federal Reserve chair nominee Kevin Warsh is set to have a confirmation hearing next week, according to multiple news reports.
The analysts see "asymmetric upside" for Robinhood from prediction market growth, setting a $130 price target.
Banks have been strongly pushing back against allowing crypto firms to pay rewards on idle stablecoin balances.
Crypto-related stocks closed higher on Monday, with Circle jumping 12%, Bullish rising 7.5%, and Coinbase gaining 3.9%.
The SEC is signaling openness to tokenization, encouraging firms to engage directly as it fine-tunes regulations.
President Donald Trump's top crypto advisor is sparking optimism in getting broader cryptocurrency legislation passed into law.
Negotiations over how to treat stablecoin rewards are intensifying as lawmakers return to Washington D.C. next week.
Coinbase CEO Brian Armstrong backed passing the Clarity Act after the firm previously withheld support for earlier versions of the bill.
TD Cowen said the path for the crypto bill could become even tougher following the recent White House report on stablecoins.
The SEC has appointed a new enforcement director following the departure of its former chief, a transition that raised concerns.
White House economists say stablecoin rewards are unlikely to materially weaken bank lending, countering warnings of trillion-dollar outflows.
Democrats are urging the CFTC to crack down on prediction markets that allow users to bet on certain events.
A proposed safe harbor framework to allow crypto projects to launch without needing to register right away is now in the White House's hands.
A court handed prediction markets a victory, ruling that New Jersey does not have explicit authority over sports-related event contracts.
The CFTC is suing Illinois Governor JB Pritzker and the state, escalating its effort to assert its oversight over prediction markets.
The bill stipulates that members of a decentralized nonprofit association generally have no personal liability for its activities.
Grewal said banks should not conflate the stablecoin yield issue with other challenges they are facing today.
Andrew McCormick, head of eToro U.S., said it was the first firm to receive a BitLicense in 2023 following the collapse of FTX.
Members of the public will have 60 days to respond to the Treasury’s notice of proposed rulemaking in the Federal Register.
The debate over stablecoin rewards seems to be the final stumbling block to Congress passing the Clarity Act.
The crypto bill, or the Clarity Act, remains stuck in the Senate, and Congress is now on a two-week Easter break.
The move follows Trump's August executive order directing the Labor Department to facilitate the inclusion of crypto in 401(k) plans.
Sen. Blumenthal raised concerns over the brief tenure of the SEC's former enforcement director, citing reports over its handling of cases.
Republican Sens. Cynthia Lummis and Bill Cassidy introduced a bill that would bolster digital asset mining.
The CFTC said it will defer to major sports leagues on which kinds of prediction market contracts are most vulnerable to manipulation.
A new political action committee, the Blockchain Leadership Fund, launched with backing from Anchorage Digital and Chainlink Labs.
Frustrations are continuing to boil over in the crypto industry as it finds itself again at an impasse over the treatment of stablecoins.
Prediction market platforms are tightening trading restrictions and surveillance tools as concerns grow over insider participants.
Prediction markets have surged past $20 billion in monthly volume, driven by geopolitics, U.S. politics, and macroeconomic event trading.
Waters argues that access to critical financial infrastructure should not be granted without full transparency.