0x Cross-Chain API is now generally available.
Customers can enable reliable payment flows and smoother cross-chain trade experiences in one easy integration 👇
🚨NEW: A group of pro-crypto senators is pressing U.S. banking regulators to establish capital requirements for banks’ crypto activities.
In a new letter, @SenatorHagerty, @SenDanSullivan, @SenLummis, @berniemoreno, @SenJonHusted and @SenTedBuddNC argue that the Basel Committee’s 2022 capital framework effectively functioned as a ban on banks holding digital assets on their balance sheets with a 1,250% risk weight for assets like bitcoin, and that regulators should adopt a new U.S. framework that is more balanced.
The senators point to regulators’ March guidance that tokenized securities should receive the same capital treatment as their underlying assets and argue the same tech neutral principle should apply more broadly to digital assets.
The push comes as Congress considers the Clarity Act, which would authorize banks to engage in a broader range of digital asset activities, raising questions about whether current capital rules are compatible with that framework. It also comes as global regulators revisit the Basel crypto capital standards.
Virtuals Protocol is officially migrating to @Chainlink CCIP.
For agent infrastructure, 99% security is not enough. As part of hardening our infrastructure, we are upgrading our cross-chain stack from LayerZero to Chainlink CCIP.
We have evaluated that CCIP strengthens the foundation behind Virtuals with the highest level of cross-chain security as we build the trusted economic layer for agents.
This enables the most secure agent infrastructure stack to enable agents to manage inference, cards, email, payments, services, commerce, and onchain value.
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
A $3,000+ bounce off its 24-hour low of $61,336, did Bitcoin just wick down to a double-bottom capitulation, similar to the $59,000–$60,000 capitulation low from almost exactly four months ago?
If this $61,336 low holds and Bitcoin can reclaim $70,000, the odds of the bottom being in would rise significantly.
🚨NEW: @SenLummis tells @EleanorTerrett the Clarity Act is more likely to reach the Senate floor after the July 4 recess than before.
“We have a number of things to deal with.”
Today, Mastercard is announcing plans to expand settlement capabilities to include stablecoin, intraday, holiday, and weekend options, giving partners more choice in how and when transactions are settled. That means we’re:
✅ Enabling greater choice to settle in fiat or regulated stablecoins
✅ Improving liquidity management for time sensitive, cross border flows
We’re supporting settlement with @Circle’s USDC, @Paxos-issued stablecoins including USDG,USDP and @PayPal’s PYUSD, @Ripple’s RLUSD and @SoFi’s SoFiUSD across a range of supported blockchain networks including Arbitrum, @Coinbase’s Base, @CantonNetwork’s Canton, Ethereum, @0xPolygon, @Solana, @Tempo and XRPL. ARQ Finance, CBW Bank, @crossriverbank, @Lead_Bank and @Nuvei will be among the first to support.
Old rule: narrative follows price.
We’re in the “Bitcoin is dead” phase of the script, eulogies, scam talk, and capitulation, right before the Clarity Act Bill is set to pass, a classic case of emotion and backward‑looking stories overpowering logic and forward policy reality.
It’s textbook market psychology: price collapses first, emotion and narratives rush in to rationalize the move, and only later does the structural catalyst arrive that will, in hindsight, make this washout look like a fantastic buying opportunity.
Rinse and repeat.
Have a nice day.
🔥 NEW: Mastercard expands stablecoin settlement support with USDC, RLUSD, PYUSD, USDG, USDP and SoFiUSD across Ethereum, Solana, XRP Ledger, Base, Arbitrum and Polygon.
1/ Today, we’re sending a letter to Senate Majority Leader Thune and Senate Democratic Leader Schumer signed by 160 former national security, intelligence, and law enforcement professionals in support of the Clarity Act.
https://t.co/1lSQkoaaXI
While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country. Iran’s current economic chaos is proof that @POTUS’ maximum pressure campaign has been a success. As promised, Treasury will continue to follow the money in support of Economic Fury, whether it is through the banking system or through digital assets, to prevent the regime from developing a nuclear weapon.
🚨NEW: The finalized text of a FISA 702 compromise offered by Senate Intel Committee Chairman @SenTomCotton (R-AR) includes a Federal Reserve CBDC ban originally contained in the housing bill. This is expected to be the text that eventually becomes law.
Notably, the sunset date on the ban has been brought forward from December 31, 2030 to June 12, 2029.