Senator Cynthia Lummis announced that the Senate Banking Committee may postpone its hearing on the crypto market structure bill, which was originally set for Thursday, according to a report by Bloomberg. This delay could impact the timeline for regulatory developments in the cryptocurrency sector.

Bitcoin's recent breakout above $95,000 has sparked renewed interest in the cryptocurrency market, leading to the liquidation of nearly $700 million in short positions. This surge in price reflects a growing risk appetite among investors, with market strategists suggesting that the rally has potential for further gains.

Coinbase has withdrawn its support for a proposed cryptocurrency market structure bill, with CEO Brian Armstrong citing numerous issues with the legislation. This decision reflects ongoing challenges in the regulatory landscape for digital assets.

A recent analysis by CoinGecko reveals that over 13.4 million crypto tokens have been erased between mid-2021 and 2025, indicating a significant failure rate in the cryptocurrency market. This trend highlights the volatility and risks associated with investing in digital assets, particularly as many tokens did not survive the harsh market conditions of 2025.

Figure has launched a new trading platform named OPEN, which allows for the tokenization of equities directly on the blockchain, effectively bypassing traditional clearinghouses like the DTCC. This innovative approach aims to facilitate decentralized finance (DeFi) lending by integrating traditional stock trading with blockchain technology.

Senator Tim Scott, chairman of the Senate Banking Committee, expressed his intention to advance the cryptocurrency market structure bill despite unresolved issues, indicating a desire for legislative progress in the crypto sector.

FTX has announced the next creditor payout date amid ongoing bankruptcy proceedings, while Genesis Digital Assets is embroiled in a $1 billion clawback lawsuit. This dual approach highlights FTX's efforts to return funds to creditors while also attempting to reclaim assets from other parties involved.

In the latest Crypto Long & Short Newsletter, Josh Olszewicz from Canary Capital discusses the current state of equity markets and liquidity, noting early signs of a bullish trend in cryptocurrency, while Joshua de Vos analyzes ten major blockchain ecosystems and the trends to monitor as 2026 approaches.

Vitalik Buterin has raised concerns about the design flaws in decentralized stablecoins, highlighting issues such as benchmark risk and flaws in oracle design. This critique comes at a time when the cryptocurrency market is experiencing significant volatility, particularly affecting privacy coins like Zcash.