VanEck, 21Shares, and Canary urge SEC to revert to ‘first to file, first to approve’ standard for crypto ETFs

US Senator Cynthia Lummis criticized the Federal Reserve's recent crypto decision as "just lip service," arguing it doesn't represent real progress. Meanwhile, SEC Chair Paul Atkins spoke at an agency roundtable, and Circle executive Dante Disparte denied rumors about the company seeking a US federal bank charter. The crypto industry's optimism over softened Fed guidance may be premature, according to Lummis.

Bitcoin recently hit a record high above $112K before dipping slightly, but analysts think it could rebound even further—especially if the Federal Reserve cuts interest rates, as Donald Trump has been pushing for. This could create a favorable environment for crypto investments, with altcoins potentially poised for gains. The article breaks down Trump’s influence on the Fed, when a rate cut might happen, and which altcoins could benefit most.

Editor’s Note: Crypto markets are buzzing with speculation after Bitcoin’s latest surge and Trump’s call for lower interest rates, which could fuel another rally. For investors, this isn’t just about Bitcoin—it’s a signal to watch altcoins that might ride the wave. Whether you’re deep into crypto or just curious, the intersection of politics, finance, and digital assets makes this a story worth following.

Australian authorities are cracking down on crypto ATMs after noticing a troubling trend—seniors are increasingly using these machines, often falling victim to scams or financial exploitation. The country's financial watchdog, AUSTRAC, is tightening rules to require stricter identity checks and transaction limits, aiming to protect vulnerable users while curbing potential money laundering.

Editor’s Note: This isn’t just about policing crypto—it’s a sign of how fast-moving tech can leave older adults exposed. Scammers love crypto ATMs because transactions are hard to reverse, and seniors are easy targets. The new rules could slow down fraud but might also make legitimate crypto access harder for everyone. Either way, it’s a reminder that regulation struggles to keep up with both innovation and exploitation.

Bitcoin's price is hovering about 7% below its peak, and the market's feeling jittery as big players ("whales") and everyday investors seem to be moving in opposite directions. Some experts warn of more drops ahead, while others think global factors—like shaky geopolitics and rising bond yields—could give Bitcoin a boost soon.

Editor’s Note: This isn’t just about Bitcoin’s price—it’s a snapshot of how different investors are reacting to uncertainty. If whales and retail traders are splitting ways, it could signal bigger shifts in confidence (or opportunism) that might shape where crypto goes next. Plus, with global tensions and bond yields in the mix, Bitcoin’s fate isn’t just tied to crypto hype anymore—it’s part of a much larger financial puzzle.

The article explains that the long-awaited "altcoin season" in the crypto market hasn't kicked off yet because Bitcoin has been hogging most of the spotlight during the recent recovery. For smaller cryptocurrencies (altcoins) to start their own rally, historical patterns suggest Bitcoin's market dominance needs to drop to around 62%—a sign that investors are rotating money into riskier altcoins. Right now, Bitcoin's grip is still too strong, but if it loosens, we could see altcoins take off.

Editor’s Note: If you're holding altcoins or watching the crypto market, this is a key threshold to watch. Bitcoin's dominance acts like a gatekeeper—when it falls, it often signals a shift in investor confidence toward smaller, more volatile coins. It doesn't guarantee a boom, but historically, it's been the starting pistol for altcoin rallies. For traders, that could mean new opportunities (or risks) ahead.