Cryptocurrencies are holding steady with Bitcoin trading near $64,000 as markets react to the Federal Reserve holding interest rates steady, Wall Street backing the Clarity Act, and ongoing discussions surrounding crypto policy ethics.
Market Updates & PolicyBitcoin holds near $64,000 as investors digest the Fed's decision to extend its rate pause.Wall Street giants including BlackRock and Fidelity have thrown their weight behind the proposed Clarity Act, though Senate timelines face pressure.Robinhood reported $100 million in crypto trading revenue (a 38% year-over-year drop), even as its overall quarterly earnings beat expectations.Ecosystem & InfrastructureEthereum's role is shifting as perpetual futures boom, prompting developers to focus heavily on scalable layer-2 networks.The Ethereum Foundation appointed security researcher pcaversaccio to its board.Brale announced a new custom token protocol designed to remove major hurdles in scaling custom stablecoin issuance. #btc