Crypto news

Derivatives positioning shows the rally that preceded the breakdown was short-covering, not brave new longs marching in with banners. That gives the whales a low-leverage entry and a certain sense of having your cake, and perhaps your entire cake factory, on standby. The catch sits with long-term hodlers, who have cut accumulation by nearly 80% since late April, as if they suddenly remembered they own a sofa to sit on and just can’t be bothered to move it.

The act, which has been kicking around like a lost luggage troll in the Senate, is facing a bit of a snag. It seems that some senior officials have been dipping their fingers into the digital asset cookie jar, and the Democrats are having none of it. “No ethics provisions, no votes,” they cry, like a bunch of Ankh-Morpork merchants haggling over the price of a second-hand magic wand.

Wojciech Kaszycki, the CSO of BTCS S.A., a Polish tech marvel based in Warsaw, is no stranger to financial wizardry. Recognized as Europe’s first dedicated Digital Asset Treasury Company (DATCO), BTCS has an “Active Treasury” strategy that would make even Merlin jealous. Using Bitcoin as their anchor asset, they conjure yield through staking, validator operations, and tokenized Real-World Assets (RWA). In late 2025, their market capitalization ballooned tenfold after a blockchain pivot, and they’ve since raised a cool $100 million in a Series G round. Talk about a financial spell gone right!

So declares the oracle of Brown University’s Watson School of International and Public Affairs, whose live tracker measures not just dollars, but the slow bleeding of a nation’s wallet.

Last week, the Senate Banking Committee decided to have a bit of a knees-up to discuss this potential legislation. You’d think they were planning a tea party, the way they’re carrying on.

The Crypto Clarity Soap Opera, Starring the Senate and My Morning Coffee

According to Tim Scott’s statement, the updated proposal emerged after what can only be described as a “constructive” conversation between lawmakers, crypto companies, banking lobbyists, and policy negotiators. Scott claimed the legislation will provide “certainty, safeguards, and accountability” while somehow also making the U.S. a global leader in digital finance. A bold claim, given the current state of the bill.

According to the self-proclaimed “Bond of Wall Street,” Bitcoin can’t even hold its value without throwing a hissy fit. Truly, a role model for financial stability.

Dogecoin’s price clung to the $0.1020 zone like a life raft, then sprouted wings to flirt with $0.1080. Suddenly, it’s the crypto version of “upwardly mobile” but with more panic. It even breached $0.1125-briefly-before realizing it had no idea what it was doing.

The company, ever the visionary, claims this financing will fuel the expansion of its “multi-asset prime brokerage platform,” Ripple Prime, which, in simpler terms, means they’re trying to monetize the chaos of the crypto world while pretending they’re as serious as a bank.