Big day for stablecoins! $200 Billion+ Price Call on Hype! Rainbow Wallet interview
Crypto majors were largely flat; btc -0.3% at $87,000; eth -1% at $2,930, bnb -1% at $858, sol even at $128. Night (+11%), morpho (+10%) and myx (+5%) were the leaders. Bitwise predicted new all-time highs for bitcoin in 2026, pointing to structural factors such as institutional capital inflows, regulatory clarity and continued adoption outweighing historical bearish factors. The SEC ended the four-year investigation into Aave and closed the file without recommending enforcement action. Visa expanded its stablecoin pilot to more US banks and with settlement on Solana. The fdic approved a proposal to implement the genius law, which outlined how banks under the fdic’s supervision could issue payment stablecoins through subsidiaries. Trump said he would be open to nominating Democrats to the SEC and CFTC, a shift that could help unblock the Senate’s stalled crypto market structure bill. Elizabeth Warren raised concerns about dex risks, flagged pancake swaps and alleged links to Trump-linked flows and money laundering in North Korea. The ftc said the nomad must return the money recovered after the $186 million bridge hack in 2022. Hong Kong influencers are facing charges in connection with their promotion of the collapsed jpex exchange, which caused investors to suffer about $206 million in losses. The South Korean government approved approximately $15 million in debt relief for crypto traders.
