Federal Reserve official Beth Hammack said employment remains close to full levels while inflation is still above target, keeping the possibility of further rate hikes on the table. She stressed that upcoming policy decisions will remain data-dependent, with no preset direction for future meetings.
Sec opens review of crypto and prediction ETFs
The U.S. Securities and Exchange Commission has launched a public consultation on rules governing new ETFs, including crypto-based and prediction market products. Chair Paul Atkins said the review will evaluate whether current listing and registration frameworks need to evolve as crypto-linked ETFs grow in size and complexity.
Trump discloses major Bitcoin and Ether holdings
Former U.S. President Donald Trump reported more than $100 million in combined Bitcoin and Ether holdings in his latest financial filing. The disclosure also showed over $1.4 billion in income for 2025, including more than $500 million from World Liberty Financial, about $635 million from TRUMP meme token sales, and roughly $80 million from legal settlements.
Institutions reportedly plan joint stablecoin launch
Several major financial firms, including Visa, Stripe, Mastercard, and BlackRock, are reportedly collaborating on a new stablecoin called OUSD. The project is expected to feature shared revenue mechanisms, though details on regulation and launch timing have not been made public.
Hyperliquid gains broader market exposure
Hyperliquid Strategies (PURR) has been added to both the Russell 3000 and Russell 2000 indexes, following earlier inclusion in the S&P Global BMI Index. The move increases its visibility across key U.S. equity benchmarks.
Legal pressure builds on Kalshi
Massachusetts prosecutors have updated their complaint against prediction market platform Kalshi, alleging it targeted users under 21 through social media and campus campaigns. State authorities argue this violates local betting laws, while the CFTC maintains it holds primary oversight of prediction markets.
Pump.fun shifts focus away from tokenized agents
Pump.fun said it will stop supporting the creation of Tokenized Agents but will continue maintaining existing ones. The platform plans to shift its focus toward improving retail trading experiences in early-stage token markets.
Metamask launches integrated self-custody product
MetaMask introduced a new product called Money Account, combining stablecoin yield, payments, and trading within a single wallet. Built on the Monad blockchain, it includes a USD-pegged token offering up to around 4% variable annual yield through integrations with DeFi protocols.
Etched raises $800 million for AI chip expansion
AI chipmaker Etched secured $800 million in funding backed by Jane Street and a venture unit tied to Taiwan Semiconductor Manufacturing Company. The firm has signed about $1 billion in sales agreements and plans to begin shipping its inference chips this summer.
Regulatory uncertainty may drive volatility
Jefferies warned that the proposed U.S. Clarity Act could create short-term market turbulence. The bill, which aims to define regulatory boundaries between the SEC and CFTC for digital assets, has passed a Senate committee but still faces further political hurdles.
Schiff warns of potential Bitcoin correction
Economist Peter Schiff said Bitcoin’s historical volatility means a return to the $20,000 range cannot be ruled out, noting that large corrections are consistent with shifting liquidity and macroeconomic conditions.
Okx advances AI-driven trading ecosystem
OKX unveiled OKX.AI, a platform designed for autonomous agents to interact, execute tasks, and settle transactions. The company described it as a step toward an “Agent Economy,” where AI systems operate with minimal human input.
Market overview
Major cryptocurrencies declined over the past 24 hours, with Bitcoin down 2.53%, Ether falling 1.53%, Solana dropping 1.94%, BNB losing 2.01%, and TRX slipping 1.50%. XLM stood out with a 10.45% gain, while smaller tokens such as BASED, AI, and DYDX posted stronger advances.
Crypto-linked stocks moved higher, led by BTOG.M, BE.M, and AVAV.M. On-chain activity showed rising interest in meme tokens including ANSEM, LUKE, DOG, and TJR.
Curious how Fed moves sway Bitcoin volatility? Deepen your macro edge with this detailed explainer.
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