US Lawmakers Clash Over Crypto Bills That Could Blow Open Wall Street’s Back Door

Solana (SOL) dipped slightly by 0.58% in the last day, but don’t let that fool you—it’s still up nearly 10% over the past week, riding the broader crypto rally to around $160. Analyst Ali Martinez thinks SOL could skyrocket to $2,700, but there’s a catch: it hinges on a specific (and uncertain) market condition. Meanwhile, others warn of a potential drop to $95 before any major climb.

Editor’s Note: Solana’s price is at a crossroads. The hype around a possible moonshot to $2,700 is exciting, but it’s far from guaranteed, and the market’s volatility means things could swing either way. For crypto watchers, this is a classic "high risk, high reward" scenario—worth keeping an eye on, but not betting the farm just yet.

Binance founder Changpeng Zhao (CZ) stirred the pot by retweeting speculation that Coinbase might be the unnamed source in a Bloomberg report criticizing Donald Trump’s crypto venture and Binance. It’s a classic case of crypto-world drama, with industry heavyweights indirectly trading jabs through rumors and social media.

Editor’s Note: This isn’t just gossip—it’s a glimpse into the high-stakes, often messy rivalries in crypto. If Coinbase was the leak, it hints at behind-the-scenes tensions between major players. Even if it’s just a rumor, CZ amplifying it keeps the spotlight on the industry’s combative politics, which could sway public perception and investor confidence.

El Salvador, already known for adopting Bitcoin as legal tender, is doubling down on its crypto bet by launching the world’s first fully native Bitcoin capital markets. Think of it as a "Bitcoin Switzerland"—a hub where financial products like bonds and derivatives are built directly on Bitcoin’s blockchain, bypassing traditional banking systems. This move could attract global investors and further cement the country’s reputation as a crypto pioneer.

Editor’s Note: El Salvador isn’t just experimenting with Bitcoin—it’s rewriting the rules of finance. By creating a capital market native to Bitcoin, the country is positioning itself as a testing ground for a parallel financial system. If successful, this could pressure other nations to take crypto more seriously or risk being left behind. For crypto enthusiasts, it’s a bold step toward mainstream legitimacy; for skeptics, it’s a high-stakes gamble. Either way, it’s a story worth watching.

Binance's former CEO Changpeng "CZ" Zhao is pushing back hard against a Bloomberg report that connected him to a stablecoin project tied to a crypto group associated with Donald Trump. CZ called the claims false and is threatening legal action—again—accusing Bloomberg of defamation. This isn’t the first time he’s clashed with the media giant.

Editor’s Note: When a high-profile figure like CZ threatens lawsuits over reporting, it’s more than just gossip—it’s a sign of how tense things are between crypto leaders and traditional media. Legal battles like this could shape how the industry is covered (and scrutinized) moving forward, especially with political ties in the mix. For crypto watchers, it’s another messy chapter in the ongoing trust war between big media and big crypto.

The CEO of World Mobile argues that decentralized physical infrastructure networks (DePINs) could offer fed-up telecom customers a way out of traditional, often unreliable service providers. By leveraging blockchain and decentralized tech, these networks promise more transparency, lower costs, and better access—especially in underserved areas.

Editor’s Note: If you've ever cursed your spotty signal or sky-high phone bill, this might be a glimmer of hope. DePINs could shake up the telecom industry by putting control back in users' hands—think community-run networks instead of corporate monopolies. It’s still early days, but for folks in dead zones or those tired of big telecom’s grip, this could be a game-changer.