Crypto trading steadied into Friday with Bitcoin pushing back above $80,000, while policy and infrastructure developments continued to stack up across the U.S., Europe and Asia.
Bitcoin and altcoins rebound after rate and policy pressure
Bitcoin climbed back above $80,000 and, in separate market coverage, was described as recovering toward its recent highs after a sharp daily gain. Ether-linked and layer-2 tokens also advanced, with broader crypto markets rising alongside improving sentiment after recent rate-hike and Clarity Act setbacks. XRP also posted a sizable jump in one update, while HYPE reached a fresh record above $90 on Hyperliquid after the platform opened manual borrowing.
Sources: Cointelegraph, Decrypt, CoinDesk, CoinDesk, Decrypt
U.S. regulators keep building crypto rules
The CFTC submitted crypto market rulemaking for White House review and said it is moving forward using its own authority after Congress failed to advance the CLARITY Act. Coverage also said the SEC has opened a new path for tokenized stock trading, while crypto-linked equities such as Coinbase and Strategy rebounded after the selloff tied to the bill’s failure.
Sources: Decrypt, Cointelegraph, CoinDesk, Cointelegraph
Banks and exchanges expand crypto product lines
Bastion received conditional OCC approval for a national trust bank charter that would support stablecoin custody, wallets, payment infrastructure and white-label issuance from a federally regulated entity. Binance also launched 24/7 foreign-exchange perpetuals with weekend pricing, extending its push into tradfi-style trading products.
Sources: Cointelegraph, Cointelegraph
Security and sanctions headlines remain active
CoinDesk reported a cyberattack on crypto tech provider Haruko that affected 15 clients and may have led to some fund losses. Separately, the U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved bitcoin tied to Iran’s Revolutionary Guards and payments connected to Strait of Hormuz ship tolls.
Other industry moves
dtcpay raised $25 million in a Series A round with strategic backing from SBI Group. Solana also shortened its target slot time by 17% to 250 milliseconds, while an Ethereum-related nonprofit signaled support for reducing block times.
Sources: CoinDesk, CoinDesk, Cointelegraph