Coinspeaker
6 hour ago
0 0

Bank CEOs to Discuss Crypto Legislation with Senators as Bitcoin Steadies

Bank CEOs to Discuss Crypto Legislation with Senators

  • CEOs from Citigroup, Bank of America, and Wells Fargo will meet senators to discuss crypto market structure legislation.
  • The meeting is part of a broader discussion involving banks, regulators, and lawmakers on regulatory proposals.
  • The provision for the US government to launch a CBDC has been removed from the draft, increasing the importance of the upcoming discussion.
  • The US GENIUS act, enacted in July 2025, set a framework for stablecoin regulations, but debates continue on digital-asset custody and stablecoin reserve supervision.

Bitcoin Market Overview

  • Bitcoin remains near $90,000 as traders await regulatory clarity.
  • Futures volumes increased by 34.36% to $90.87 billion, while open interest slightly rose by 0.19% to $57.94 billion.
  • The market activity suggests traders prefer waiting for developments from Washington before making significant trades.

Bitcoin (BTC) Derivatives Market Analysis | Source: Coinglass

Maxi Doge Presale Update

  • Maxi Doge, a meme-based leverage trading ecosystem, has raised over $4.2 million in its presale, nearing its $4.5 million target.
  • The project offers up to 1000x leverage without stop-loss restrictions.
  • Each MAXI token is priced at $0.00027, with the next pricing tier expected soon.

Maxi Doge presale