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US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin

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Rep. Maxine Waters said she was “deeply concerned” about the PYUSD without a proper regulatory framework in place, while Rep. Patrick McHenry said it “hold[s] promise”.

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Coin Market

Bitcoin daily gains near 3% as stocks ignore US-Iran war threat, oil drops

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Bitcoin bulls avoided a correction as US markets opened, but analysis warned that Strategy was responsible for much of the latest BTC price strength.

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RaveDAO’s RAVE token risks another 50% crash amid price manipulation claims

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RAVE is trending inside a descending channel pattern, and is about to test the lower trendline target near $0.30 amid price manipulation concerns.

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ZachXBT asks MemeCore to explain valuation and token supply

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ZachXBT challenged MemeCore to justify its valuation and explain what he claimed is insider-held supply, as the onchain sleuth widened a probe after the RAVE token’s collapse.

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