White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate.
Crypto markets are entering a pivotal phase as macro signals begin to diverge, with Bitcoin flashing breakout. Bitcoin is showing early signs of a technical breakout, pushing above important levels after a period of heavy bearish sentiment. According to Gareth Soloway, the next immediate test sits around the $75,000–$76,000 range. A successful move beyond that …
Expanding regulated crypto derivatives access in a growing financial hub WhiteBIT, the largest European cryptocurrency exchange by traffic, has obtained a broker license from the National Bank of Georgia (NBG) through its local entity, WhiteBIT Broker. With this authorization, the company will introduce crypto derivatives trading, including perpetual futures, in the Georgian market. WhiteBIT already …
The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.
Digital asset inflows totaled $11 billion in Q1, as institutional demand and ETF outflows left corporate buyers and venture capital as the primary sources of funding.
The bank boasts "the largest network of financial advisors [with] 16,000 advisors managing $6.2 trillion" according to an analyst.
A viral footage from 2018 has resurfaced online, showing CEO Brad Garlinghouse boldly declaring that Ripple was taking over SWIFT (Society for Worldwide Interbank Financial Telecommunications). At the time, the crypto payments company was still in its early growth phase, aggressively positioning itself as a faster and more cost-effective alternative to SWIFT. Today, Ripple has evolved significantly in various aspects, including regulation, payments, global adoption, partnerships, banking, and more. Ripple CEO Makes Bold Claim To Surpass SWIFT During the 2018 Bloomberg interview, Garlinghouse was asked whether he believed Ripple could ever take over SWIFT. The CEO responded calmly, “I think what we’re doing and executing on a day-by-day basis is in fact taking over SWIFT.” He stated that the company had already signed with more than 100 banks, noting that some of the largest SWIFT-enabled financial institutions in the world are already using Ripple’s technology. Related Reading: Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000 Garlinghouse’s statement reflected confidence in Ripple’s growth potential and its ability to transform global payment systems. He pointed to practical, real-world applications, explaining that a remittance company adopted Ripple’s technology in 2018 and lowered the price per transaction from $20 to just $2, leading to a staggering 800% surge in usage overnight. According to him, this type of growth and dynamic is what Ripple can address, while SWIFT has struggled to support. Despite his bold vision, many in the crypto community today remain skeptical. One possible reason for this doubt is that SWIFT has served as the backbone of international financial communications since 1973. Hence, it has built decades of strong credibility, trust, compliance, and security standards—areas where Ripple, by comparison, is still developing. However, despite these long-standing advantages, SWIFT falls short in many areas that Ripple aims to improve. The system relies on processes that take 1-5 days for transactions to settle, while Ripple executes transfers in seconds. In addition, SWIFT’s transfers also cost $25-$50 per transaction, while the average all-in costs for institutional payments on Ripple range from $0.001-$0.01 per transaction, a staggering contrast. One of SWIFT’s biggest flaws today is that it does not move money directly; instead, it sends messages about money while still relying on pre-funded Nostro accounts. This reliance is the key area where Ripple has a huge advantage. While SWIFT’s pre-funded accounts and use of intermediaries slow payments, Ripple’s On-Demand Liquidity (ODL) leverages XRP as a bridge currency to speed up transfers. The crypto company converts the sender’s currency into XRP, moves it across the ledger, and then converts it to the receiver’s currency—all of which is done in seconds. How Ripple Has Evolved Since 2018 Fast-forward to today, Ripple has overcome major hurdles since 2018, including resolving its almost seven-year legal battle with the US SEC and gaining clearer regulatory guidance and recognition. At the same time, the company has continued to expand globally while enhancing the XRP Ledger (XRPL) with new updates and stronger security features. Related Reading: XRP Analyst Reveals Why The Altcoin Is Set To Hit $27 So far, the company continues its efforts to either rival or work with SWIFT. It has established partnerships with hundreds of banks, payment providers, remittance firms, and other institutions. Ripple has also expanded its offerings through various strategic acquisitions, including Hidden Road, Metaco, GTreasury, and others. As a result, the crypto firm now extends its services beyond payments to include custody, settlement, treasury management, and more. Recently, one of Ripple’s biggest milestones was gaining conditional approval from the Office of the Comptroller of the Currency (OCC) for a national bank charter. A full license would officially designate Ripple as a federally recognized bank, bringing the company one step closer to its goals. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure.
Something’s brewing and no, it’s not retail hype this time. Whale transactions are suddenly exploding across multiple altcoins, and the timing? Suspiciously perfect. Over the past week, whale transactions those chunky $100K+ transfers have surged across several mid-to-large cap assets. Data shows triple-digit spikes almost everywhere you look. And while prices haven’t exactly gone vertical …
Standard Chartered reportedly plans to integrate Zodia Custody's crypto custody business into its corporate bank division
Iran's crypto demand for Hormuz passage could disrupt global shipping, impact oil prices, and increase geopolitical tensions in the region.
The post Iran demands Bitcoin, crypto payments for Strait of Hormuz passage: FT appeared first on Crypto Briefing.
Global financial markets are showing renewed strength as easing geopolitical tensions and improving sentiment push risk assets higher. Bitcoin has moved back above the key $71,000 level, a zone that had acted as strong resistance in recent months, signaling a shift in short-term market direction. Donald J. Trump said the U.S. would work closely with …
While BlackRock’s spot bitcoin ETF currently reigns as the liquidity king of crypto, Morgan Stanley’s MSBT will leverage a market-low 0.14% fee and $7 trillion wealth management engine to possibly challenge that dominance.
Iran plans to collect cryptocurrency and other digital payments as transit fees from fully loaded oil tankers passing through the Strait of Hormuz, said the report.
NEAR Protocol (NEAR) joined Internet Computer (ICP) as a top performer, climbing 8.9% from Tuesday.
White House economists have pushed back against claims that stablecoin rewards could damage the traditional banking system. A new report from the Council of Economic Advisers says banning stablecoin yields would have only a minimal impact on bank lending, suggesting fears from banking groups may be overstated. Stablecoin Rewards Unlikely to Drain Bank Deposits According …
Researchers are advancing post-quantum protections even as current hardware remains far from breaking crypto systems
Leading tokenization firm Securitize was recently named as the first digital transfer agent in the NYSE’s onchain securities initiative.
After more than 15 years and countless investigations, the identity of Satoshi Nakamoto remains unknown. Now the New York Times thinks it has the answer, and the man they are pointing at is British cryptographer Adam Back. Well, Adam Back has publicly denied claims saying he is not Satoshi and that similarities in early research …
Bitcoin climbed back above $70,000 on Wednesday after news that the United States and Iran had agreed to a Pakistan-brokered two-week ceasefire tied to reopening the Strait of Hormuz. According to CryptoSlate's data, the top crypto rose 5% to a peak of $72,734 before retracing to $71,477 as of press time. Data from CryptoQuant showed […]
The post Traders poured $3 billion into Binance after Bitcoin hit $72,734 on ceasefire headlines – what are they betting on? appeared first on CryptoSlate.
While BlackRock’s spot bitcoin ETF currently reigns as the liquidity king of crypto, Morgan Stanley’s MSBT will leverage a market-low 0.14% fee and $7 trillion wealth management engine to possibly challenge that dominance.
Render is emerging as one of the strongest performers in today’s crypto rally, surging over 10% to trade near $2.07, as bullish momentum spreads across the broader market. The move is being driven by a combination of macro tailwinds and project-specific catalysts. With Bitcoin pushing higher and liquidity rotating into high-growth narratives, AI-focused tokens like …
The Financial Services Commission said inconsistent exemption rules created loopholes that allowed funds to move quickly with minimal account history.
White House economists say stablecoin rewards are unlikely to materially weaken bank lending, countering warnings of trillion-dollar outflows.
White House economists say banning stablecoin yield would add little to bank lending while imposing significant costs on users.
The long-stalled push to define how the U.S. regulates crypto markets is moving back into focus, with lawmakers hinting that behind-the-scenes coordination between the House and Senate is still very much alive. In a conversation with journalist Eleanor Terrett, House Financial Services Chairman French Hill struck a pragmatic tone on the outlook for the “Clarity” …
The Bitcoin price has reclaimed the key $71,000 resistance, while the Ethereum price is pushing toward $2,250, signaling renewed strength across the crypto market. The rally comes as a two-week US–Iran ceasefire sparked a risk-on shift, with crude oil dropping 5–6% and over $130 billion flowing back into crypto, boosting investor confidence. Altcoins have followed, …
Markets are ripping on a surprise Trump-announced ceasefire, while Morgan Stanley’s Bitcoin ETF goes live today.
Bitcoin climbed back above $71,000 after news of a conditional U.S.–Iran ceasefire tied to reopening the Strait of Hormuz. Bitcoin Bounces Back… For Now According to today’s QCP Market Colour, after the announcement of the ceasefire risk assets rallied, equities rose and oil cooled into the low-$90s. However, the report warns that all of this looks more like a temporary pause than a lasting resolution. Let’s not forget that, according to President Donald Trump himself, the ceasefire hinges on how Iran handles the Strait of Hormuz in the weeks ahead. ???? President Donald J. Trump makes a statement on Iran: pic.twitter.com/9mqTayL0Q3 — The White House (@WhiteHouse) April 7, 2026 The energy infrastructure attacks in Saudi Arabia show how fragile the de-escalation remains. Related Reading: Binance Deploys PRER Volatility Shield — Here’s How New Price Bands Could Hit Your Orders This rebound is supported by risk repricing, not conviction. According to the market colour, the macro picture remains uneven. U.S. payrolls rebounded, but softer labor data keeps the Fed juggling growth concerns and energy-driven inflation. The upcoming inflation report (CPI) due this week may determine if Bitcoin’s move back above $71,000 is sustainable or just a short‑lived bounce. Options data from QCP shows compressed front-end vols, but downside skew remains bid. Hedge demand is still strong. Notable call interest sits between $75K–$85K, while support lies around $60K–$65K, making $74K a key breakout level. Exchange Netflow Shows Why Bitcoin Is Still Defensive Despite the price bounce, on-chain data from CryptoQuant shows exchange reserves remain high, suggesting cautious sentiment rather than full accumulation. The report of Novaque Research from CryptoQuant explains that Binance is currently holding about 637.6K BTC in reserves, while Coinbase Advanced holds roughly 866.6K BTC. Both are still tracking well below their levels from earlier in 2025. Bitcoin exchange reserve on Coinbase. Source: CryptoQuant. The split between exchanges matters, according to the report. Coinbase is more closely tied to US institutional flows, whereas Binance better reflects global crypto‑native liquidity. Coinbase’s reserves have stayed tight and mostly sideways after a long downtrend, hinting that bigger players are not eager to bring coins back on‑exchange to sell. Binance’s balances have rebounded more visibly, but they still sit below previous highs and under the 50‑day average. Bitcoin exchange reserve on Binance. Source: CryptoQuant. These signals suggest positioning is cautious rather than capitulatory: holders are wary, but they are not behaving as if they must dump Bitcoin at any price. Exchange netflow supports that view, CryptoQuant believes. Overall exchange netflow is slightly negative at around -289.6 BTC, and since February there has been a consistent tilt toward outflows, only occasionally punctuated by sharp deposit spikes. In a genuine internal market break, the analysis explains, you would typically see persistent positive netflows as investors move coins onto platforms to sell into weakness. Instead, the data still shows Bitcoin being pulled off exchanges on many sessions. Bitcoin exchange netflow on all exchanges. Source: CryptoQuant. This does not automatically imply a bullish outcome, but it does highlight that Bitcoin continues to be supported by a holder base more inclined to remove supply than to keep recycling it back into the market. Related Reading: Crypto Trust Crisis — The “Kim Jong‑Un Test” Is Exposing Secret North Korean Moles Summing Up Bitcoin’s defensive setup mirrors institutional hesitation. Traders may be waiting for a clear macro or volatility shift before committing fresh capital. The short-term rally hinges on headlines, not fundamentals. Unless the ceasefire holds and inflation softens, Bitcoin could struggle to break $74K convincingly. For traders, this means tight ranges and tactical plays, not full-risk exposure, at least until the next macro signal. Bitcoin bounced back and reclaimed $72k earlier today. At the moment of writing, BTC trades for the low $71ks on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. BTCUSD chart from Tradingview.
Stablecoin yield bans offer negligible bank lending boosts, risking consumer benefits and highlighting the need for balanced financial regulation.
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