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Crypto stakes rise as 3 US states kick off primaries

Voters in North Carolina, Texas and Arkansas head to the polls as the 2026 midterm cycle begins to take shape, with crypto policy emerging as a cross-cutting issue in several congressional contests. In Texas, Democratic Representative Jasmine Crockett is pursuing a risky bid for the Senate seat held by Republican John Cornyn. Crockett’s campaign intersects with a broader narrative about funding from crypto-aligned groups and industry money aimed at shaping regulatory outcomes. The primary season features debates over stablecoin payments, market structure bills, and the balance between innovation and consumer protections. As crypto-focused political action committees mobilize substantial fundraising and media campaigns, the question for voters is whether these interests will tilt policy in Washington in the run-up to the 2026 midterms. Key takeaways Texas’s Senate primary has drawn substantial crypto-connected spending, with AdImpact reporting more than $122 million in total on both s...
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CFTC Chair Teases Crypto Perpetual Futures Coming Next Month

Regulators in Washington signaled renewed urgency around how crypto markets are structured and regulated, as a Milken Institute panel brought together key U.S. overseers to discuss perpetual futures, prediction markets and the broader market framework. CFTC Chair Michael Selig outlined a path to US-accessible perpetual futures, while SEC Chair Paul Atkins pressed for greater congressional clarity to steer crypto policy. The conversations come amid ongoing questions about governance, enforcement actions against prediction-market platforms, and a stalled market-structure bill that remains the subject of intense debate in Congress. With the CFTC short of a full slate and lawmakers weighing ethics, stablecoins and tokenized equities, the regulatory tempo appears poised to intensify in the weeks ahead. During the Washington event, Selig said the Commission is actively pursuing a pathway to “true perpetual futures” for digital assets in the United States, aiming to deliver a functional versi...

Ripple Expands Stablecoin Payments Stack for Banks & Fintechs

Ripple is expanding its global payments platform to give banks and fintechs a more complete stablecoin workflow, aiming to speed up cross-border settlements and cut the time and capital tied up in traditional networks. The upgrade to Ripple Payments adds capabilities for collecting, custodying, converting, and payout of stablecoins, tying together institutional rails with on-chain settlement. The move marks a deeper push to compete with legacy providers by reducing reliance on pre-funded accounts and correspondent banking chains that can bind up liquidity and slow transfers. The announcement comes as Ripple showcases its growing footprint across markets and its evolving infrastructure footprint in a sector where liquidity, speed, and regulatory clarity increasingly shape the competitive landscape. Key takeaways Ripple Payments now supports end-to-end stablecoin workflows for institutions, including collection, custody, conversion, and payout, expanding its role beyond simple settleme...

Mastercard Adds SoFiUSD as Settlement Option for Card Issuers

Two financial technology powerhouses are accelerating the integration of tokenized money into everyday payments. SoFi Technologies and Mastercard unveiled a partnership that will allow settlement of Mastercard card transactions using SoFiUSD, the dollar-backed stablecoin issued by SoFi Bank N.A. Across Mastercard’s global network, so-called stablecoin settlement could run around the clock, enabling 24/7 processing. In practical terms, SoFi Bank will settle its own Mastercard credit and debit transactions in SoFiUSD, while SoFi’s Galileo payments platform will give issuer banks and card programs the option to use the stablecoin for settlement across Mastercard’s network—the second-largest processor in the world. SoFiUSD, which launched in December, is issued by an OCC-regulated insured depository institution and is backed 1:1 by cash reserves. The move signals a deeper push by major rails to incorporate bank-issued digital dollars into everyday financial activity, expanding the reach of...

Bitcoin slides 3% as assets rout; Gold smashes to $5K on oil fears

Bitcoin (CRYPTO: BTC) pulled back from its recent tilt toward the $70,000 threshold as geopolitical tensions in the Middle East intensified concerns about oil supply and global inflation. The closure of the Strait of Hormuz sparked a broad risk-off mood, with equities slipping and safe-haven assets showing mixed performance. By midday, BTC hovered near the $66,000 area after retreating from its earlier highs, underscoring how macro headlines continue to drive crypto liquidity and price action. A data point from TradingView highlighted a roughly 3.2% intraday decline, reinforcing traders’ focus on momentum and key technical levels in a volatile environment. Key takeaways Bitcoin (CRYPTO: BTC) failed to sustain a move toward $70,000 as energy-market tensions resurfaced following Hormuz-related disruptions. Major equity indices were weaker at the open, with the S&P 500 and Nasdaq each down around 2%, and gold also retreating as risk appetite deteriorated. BTC price action remain...

Bitcoin, Ethereum, XRP Rally as ETF Inflows Hit $458M Amid Strait of Hormuz Crisis

Key Takeaways Bitcoin jumps 3.5% as ETF inflows reach $458M Ethereum climbs near $1,966 amid market rebound XRP trades at $1.36 despite regional tensions Crypto cap hits $2.33T during oil route crisis ETF demand boosts BTC, ETH, and XRP prices Crypto markets rebounded sharply as geopolitical tensions escalated in the Middle East. Bitcoin, Ethereum, and XRP posted solid gains despite disruptions in global oil routes. The total crypto market cap rose to $2.33 trillion, signaling renewed market strength. Bitcoin Extends Gains as ETF Inflows Strengthen Demand Bitcoin trades at $68,106 after gaining 3.5% in the past 24 hours. The asset has climbed nearly 8% this week despite a 13% monthly decline. This recovery aligns with strong institutional flows into spot Bitcoin exchange-traded funds. Farside Investors data shows that Bitcoin ETFs recorded $458 million in inflows on March 2, 2026. These inflows supported price stability during heightened global uncertainty. Institutional...

Bitcoin Price Tests $70,000 Again as Data Lifts Market

Key Takeaways Bitcoin retests $70K but struggles to hold gains US PMI data sparks short-term crypto rebound ETF inflows support BTC amid global tensions On-chain data still signals bear market phase Analysts warn of potential bull trap scenario Bitcoin retested $70,000 this week before pulling back to $68,306. The move followed stronger-than-expected US manufacturing data. However, on-chain indicators still point to a bear market backdrop. BTC traded within a tight $64,000 to $70,000 range throughout the week. Spot Bitcoin ETF inflows and regulatory progress supported sentiment. Meanwhile, rising geopolitical tensions added uncertainty to global markets. The US dollar index climbed to 98.72 amid inflation concerns. Escalating tensions between the United States and Iran pressured risk assets. As a result, traders assessed whether the rebound marks a bottom or a temporary rally. Bitcoin Holds Range as Macro Data Drives Momentum Bitcoin currently trades at $68,306 after bri...