In a strategic bid to salvage stalled legislation and placate a skeptical banking sector, the cryptocurrency industry is proposing significant concessions centered on stablecoins. The core proposal involves requiring stablecoin issuers to hold a portion of their reserves at community banks, aiming to preserve a market structure bill that could reshape the financial landscape. However, deep divisions remain over key issues like customer rewards and the potential for massive deposit outflows from traditional banks, casting uncertainty over whether these overtures will be enough to secure a legislative breakthrough.
about Crypto Firms Offer Banks Stablecoin Reserve Sharing to Save Market BillFox News
0 in Finance and 1 in Crypto last weekOctober Jobs Report to Exclude Unemployment Rate Data
The upcoming October jobs report will be released without the crucial unemployment rate figure due to data collection issues. National Economic Council Director Kevin Hassett confirmed the household survey wasn’t conducted, leaving economists with only partial employment data. This unprecedented gap in key economic indicators raises concerns about accurately assessing the labor market’s health.
about October Jobs Report to Exclude Unemployment Rate DataCZ Denies Trump Ties After Surprise Pardon
Binance co-founder Changpeng Zhao has publicly denied having any business relationships with the Trump family following his controversial presidential pardon. In a Fox News interview, CZ expressed surprise at receiving clemency and emphasized his limited interactions with Trump family members. The pardon has sparked divided reactions across political and crypto communities.
about CZ Denies Trump Ties After Surprise PardonUS Flight Cancellations Escalate Amid Government Shutdown
Airlines across the United States are facing unprecedented disruptions as the ongoing government shutdown threatens to cripple air traffic control staffing, with Transportation Secretary Sean Duffy warning that flight reductions could escalate to 20% nationwide. The Federal Aviation Administration has already begun implementing flight reductions at 40 key airports as airlines proactively cancel flights scheduled for the coming days, creating a cascading transportation crisis that highlights the shutdown’s severe economic consequences.
about US Flight Cancellations Escalate Amid Government ShutdownSEC Misses Litecoin ETF Deadline Amid Government Shutdown
The US Securities and Exchange Commission has missed its decision deadline for Canary Capital’s spot Litecoin ETF, creating regulatory uncertainty. The inaction comes amid a federal government shutdown and new generic listing standards that could reshape crypto ETF timelines, leaving dozens of applications in limbo and market participants questioning the regulator’s operational capacity during the political impasse.
about SEC Misses Litecoin ETF Deadline Amid Government ShutdownJuly’s Key Events to Shape Crypto and TradFi Markets
Bitcoin hovers just below its mid-May peak at around $119,000, with the global crypto market cap nearing $4 trillion. However, traders are eyeing the last week of July as a critical juncture, packed with high-stakes macro events. The Federal Open Market Committee (FOMC) meeting on 29-30 July could signal imminent rate cuts, with Governor Christopher Waller advocating for a 25-basis-point reduction. Treasury Secretary Scott Bessent’s Quarterly Refunding Announcement (QRA) on 30 July may influence crypto liquidity through shifts in short-dated bill issuance. Meanwhile, escalating legal battles over Trump-era tariffs—culminating in a 31 July court hearing—could reshape inflation expectations. Real yields, a key Bitcoin driver, have dipped alongside rate-cut bets, mirroring BTC’s recent rally. Analysts urge caution, advising traders to monitor Fed signals, Treasury supply, and tariff developments closely.
about July's Key Events to Shape Crypto and TradFi MarketsBitcoin Media Coverage Gap: Elite Outlets Lag Behind
Bitcoin Perception’s Q2 2025 report highlights a polarized media landscape, with 31% positive, 41% neutral, and 28% negative sentiment across 1,116 Bitcoin articles. Elite financial publications like The Wall Street Journal and Financial Times published significantly fewer articles compared to high-volume outlets such as Forbes and CNBC, which provided more balanced and frequent coverage. Forbes led with 194 articles (43% positive), while CNBC emphasized Bitcoin’s role in finance (42% positive). Traditional news outlets like The Independent and Fox News maintained a predominantly negative stance. The report suggests this ‘ostrich strategy’ by elite media creates information asymmetry, leaving institutional investors underinformed despite Bitcoin’s market dominance. The disparity underscores a growing divide between conservative financial media and outlets actively covering Bitcoin’s rise.
about Bitcoin Media Coverage Gap: Elite Outlets Lag BehindMainstream Media’s Bitcoin Coverage Gap Exposes Investors
A Q2 survey by Bitcoin analysis firm Perception analyzed 1,116 Bitcoin stories from 18 mainstream outlets, revealing a 31% positive, 41% neutral, and 28% negative sentiment split. Legacy publications like The Wall Street Journal and Financial Times provided minimal coverage, creating an ‘editorial blind-spot risk’ for institutional investors relying on them. High-volume finance channels like Forbes and CNBC drove constructive coverage, focusing on ETFs and adoption, while general interest outlets leaned skeptical. The report warns that this information asymmetry could impact portfolio decisions, as Bitcoin’s liquidity now rivals some G-10 currencies. Investors are advised to diversify media sources to capture real-time market developments.
about Mainstream Media's Bitcoin Coverage Gap Exposes Investors