Coinbase opposes crypto bill in Senate due to severe restrictions
After reviewing a draft text from the Senate Banking Committee over the past 48 hours, Coinbase regrets that it cannot support the bill in its current form.
There are numerous concerns, including: • An effective ban on tokenized equities • Restrictions on decentralized finance (DeFi) that grant the government unlimited access to your financial records and erase your right to privacy • Undermining the authority of the Commodity Futures Trading Commission (CFTC), stifling innovation and making it subordinate to the Securities and Exchange Commission (SEC) • Proposed amendments that would eliminate stablecoin rewards and grant banks the power to block their competitors
We appreciate the significant efforts made by Senate members to reach a bipartisan agreement, but this version would be far worse than the current situation. We prefer no law being passed rather than a bad one.
We hope we can all work together to achieve a better draft.
We will continue to defend all Americans and economic freedom. Cryptocurrencies should be treated on equal footing with other financial services, so we can build this sector in the United States in a safe and trustworthy manner.
Current Bitcoin Status $BTC Test of Key Resistance Zone
Bitcoin is now in a highly sensitive phase, testing a critical resistance area that will determine the market's next direction.
Key Resistance Range:
95,700 – 106,800 USD
This is not just a single level, but an extended range containing several strong resistance barriers, and every move within it must be handled with caution.
Possible Scenarios
Bitcoin faces two main possibilities: 1. Forming a lower high followed by a reversal downward 2. Breaking the historical 4-year cycle pattern and opening the way for a new all-time high
Technical Indicators Analysis • Momentum indicators on medium to large timeframes (3 days – weekly) suggest a continued upward movement is likely • On the other hand, net liquidity inflow remains weak, reflecting a lack of strong interest from major capital
Most importantly right now, any upward move cannot sustain without positive and increasing liquidity inflow. Momentum alone is not enough; if capital does not enter strongly, any rally will remain fragile and vulnerable to failure.
Will liquidity start flowing in strongly and clearly? Or will the market remain weak in participation?
The answer to this question will determine Bitcoin's next path, and thus the direction of the entire cryptocurrency market.
Bitcoin and Alternative Coins Movement Analysis on the Medium Timeframe
Bitcoin, along with alternative cryptocurrencies, continued testing major moving averages on the 4-hour (4H) timeframe during the weekend and today, a technical move reflecting the market's attempt to confirm a trend reversal after a period of volatility.
Momentum on larger time frames When moving to higher time frames, particularly from 3 days to 1 week (3D – 1W), momentum indicators show an upward trend for Bitcoin, increasing the likelihood of continued positive movement in the coming phase, especially given the price respecting the current technical structure.
U.S. Senate Banking, Housing, and Urban Affairs Committee
"This legislation is about making America the world's capital of cryptocurrency—ensuring the next generation of jobs and innovation are built here, not abroad. When we establish clear rules, we give entrepreneurs the confidence to start businesses, hire workers, and grow right here in the United States. We also make it harder for criminals and foreign adversaries to use this new technology to defraud Americans or undermine our financial system. After months of hard, bipartisan work, it's time to move this forward and deliver real results for the American people." • Chairman Tim Scott
In my opinion, many people still view PUMP coin as just a meme coin, whereas the truth is that PUMP is the native token of the pump.fun platform itself, not a separate project or a passing trend.
Today, pump.fun generates annual revenues close to $600 million from real activity and recurring fees, yet its token price remains below its initial valuation, highlighting a gap between actual performance and current market perception.
What's notable is that pump.fun has become the dominant platform for launching meme coins on the Solana network. The product is simple, usage is continuous, and liquidity never stops. This kind of dominance is closer to infrastructure within the Solana ecosystem, not just a temporary wave.
Solana's strength is a fundamental factor in this equation. Any increase in users, liquidity, or speculation directly translates into higher trading volume within pump.fun. Additionally, the platform's large SOL treasury allows it to directly benefit from any Solana price rally.
On a broader scale, the overall environment is becoming increasingly supportive: risk appetite is returning, ETF performance is improving, and traditional institutions are entering the Solana ecosystem—such as JPMorgan's ETF application—adding significant weight to the ecosystem.
The cryptocurrency market (BTC and Altcoins) has seen five consecutive days of upward movement, bringing the market now to its first real test of major resistance levels. This sustained rally has made profit-taking and price rejection natural and expected at these levels.
Currently, we observe strong rejection at resistance levels for both Bitcoin and altcoins, as BTC works to fill CME gaps while simultaneously liquidating part of the accumulated long positions (Long Liquidity). This behavior is healthy within the overall trend as long as it does not turn into a structural breakdown.
The most important factor in this pullback is the price's ability to remain above key moving averages on the 4-hour timeframe. These moving averages are currently being tested on: • BTC • ETH • Tether Dominance Index (USDT.D)
As for broader market indicators such as Total 2 and Total 3, they have been relatively stronger over the past week, giving them greater room to move before reaching similar support tests. This suggests that altcoins remain relatively cohesive compared to Bitcoin at this stage.
Why is "Dusk" the top choice for banks and financial institutions in 2026?
#dusk$DUSK @Dusk In 2026, the institution is fully focused on compliance with new European regulations (such as the MiCA law) to enable financial institutions to use blockchain technologies with complete privacy. DUSK currency: main uses DUSK currency is the fuel that powers the network, and it is used for the following purposes: • Transaction fees: Fees are paid to execute secret smart contracts and transfer assets.
Are we seeing confirmation of a reversal in Bitcoin's trend? 🤔
During the previous downtrend, #BTC was rejected 16 times from the same area on the 4-hour timeframe (200 SMA / EMA + 100 EMA). Every upward attempt ended with the same scenario: strong rejection and return to decline.
But last week, the situation changed. Bitcoin broke above these moving averages for the first time in a long while, and now we are living through a very critical moment... Re-testing these moving averages as potential support.
If the price manages to hold them, it will be a clear signal that the short-term trend may have actually reversed, and attempting to continue the upward move becomes highly logical.
What about failure? It would mean the market hasn't made its decision yet. Crucial moments... And the next move will be decisive. Keep an eye on the 4-hour timeframe 👍🏽
Technology: "The Revolutionary Move Language" Tired of smart contract vulnerabilities? WAL is not just an ordinary token—it's built using the Move programming language, designed originally within "Facebook" to be the most secure in the blockchain world. This language treats currency as a "resource" that cannot be accidentally copied or corrupted. Thanks to this robust technical foundation, the Walrus protocol offers an impregnable storage environment, where WAL serves as the financial guarantee protecting your data from tampering, making it the preferred choice for institutions seeking absolute security in Web3.
WAL: The Financial Engine Behind the Decentralized Storage Revolution (Walrus Protocol)
WAL cryptocurrency is more than just a digital token; it is the biological fuel for the Walrus protocol, the system aiming to redefine how large-scale data (such as images and videos) is stored on the blockchain using the Move language. 1. Why is WAL different from traditional currencies? Most cryptocurrencies rely on "speculation," while WAL has direct functional (Utility) value: