๐บ๐ธ๐ช North Carolina introduces the NC Digital Asset and Stablecoin Act.
The comprehensive bill that would allow state-chartered banks and credit unions to provide digital asset custody, staking, and transaction services.
๐ #Bitcoin surges to $77,000 following President Trump's that Iran has announced the Strait of Hormuz is "fully open and ready for full passage."
The move comes amid Middle East tensions, with crypto reacting to potential global supply impacts.
๐ฐ Franklin Templeton is acquiring 250 Digital, a CoinFund spinoff, per the WSJ.
The $1.7T asset manager will launch a new "Franklin Crypto" division targeting institutional investors, signalling continued expansion by traditional finance into crypto despite the market drawdown.
๐ #Bitcoin traders are paying record premiums to protect against price drops, a defensive signal not seen since 2021, per a VanEck report.
This extreme fear has historically been a strong buy signal for $BTC, with average returns of +13% over the next 90 days.
JUST IN: ๐บ๐ธ Rep. French Hill: "Stablecoins would not pay a yield. Why? Because we view it as just a new payment token to be used on a blockchain. It's not meant to be a bank."
๐๏ธ Hill adds, "I think we can find a solution here." Via Fox Business.
NEW: ๐ค How do AI agents choose money when starting from zero?
A study from BPI founds 36 models selected #Bitcoin as a store of value 79.1% of the time across 9,072 scenarios, the strongest consensus in the report.
Zero models picked traditional fiat as their top preference.