BitMEX co-founder argues new Federal Reserve tool quietly expands money supply and benefits scarce assets like Bitcoin Arthur Hayes, co-founder of BitMEX, has raised concerns that the U.S. Federal Reserve’s newly introduced Reserve Management Purchases (RMP) program is effectively a rebranded form of money printing. In a recent macro essay, Hayes argued that while officials present RMP as a technical liquidity measure, its mechanics closely resemble quantitative easing and carry similar economic consequences. How the RMP Program Works Under the RMP framework, the Federal Reserve purchases short-term U.S. Treasury bills to ensure adequate reserves in the banking system. Officials have…
Author: Blockto Team
Keonne Rodriguez frames conviction as politically motivated enforcement and urges executive clemency Keonne Rodriguez, co-founder of privacy-focused crypto wallet Samourai, has issued a public appeal for a presidential pardon as he prepares to begin serving a federal prison sentence. In a social media statement released days before reporting to custody, Rodriguez characterized his conviction as an example of politically driven law enforcement and argued that his case reflects broader tensions between regulators and crypto innovation. Rodriguez pleaded guilty to one felony count of operating an unlicensed money transmission business. As part of the plea agreement, he was sentenced to five…
Internal projections point to early 2026 downside for Bitcoin, Ethereum, and Solana, contrasting optimistic market narratives A circulating internal outlook attributed to Fundstrat Global Advisors is drawing attention across the crypto market after outlining a potential pullback in early 2026 for major digital assets. The report contrasts sharply with recent bullish public commentary from senior figures associated with the firm, highlighting a growing divergence between internal risk modeling and external market messaging. Fundstrat Internal Crypto Forecast for 2026 According to widely shared screenshots, the internal document warns of a “meaningful drawdown” in the first half of 2026. The projections reportedly…
APT rebounds from recent lows, signaling short-term recovery momentum Aptos (APT) posted a 7% gain in the last 24 hours, marking one of its strongest daily performances this month. The move comes after a prolonged downtrend, with buyers defending a critical support area and triggering a short-term relief rally across lower timeframes. APT rebounded sharply from the near $1.45 to $1.50 support region, an area that previously acted as a weak low. The bounce followed a clear liquidity sweep to the downside, after which price quickly reclaimed lost ground a sign of short-term demand entering the market. Despite the recovery,…
Onchain dollar transfers expected to rival core US payment infrastructure Stablecoins are on track to become a dominant force in global payments. According to new industry forecasts, stablecoin transaction volume could exceed the US Automated Clearing House (ACH) system by 2026, signaling a major shift in how digital dollars move through the economy. Stablecoins Closing the Gap With Traditional Payments Analysts point out that stablecoin transfers already process volumes comparable to major credit card networks and currently handle roughly half the volume of the ACH system, which underpins payroll, bill payments, and bank-to-bank transfers in the United States. Continued growth…
LINK stabilizes after recent pullback, with market attention focused on demand strength and overhead resistance. Chainlink (LINK) traded near the $12.50 level after a period of downside pressure, showing early signs of stabilization as buyers stepped in around a well-defined support area. The token has declined from recent highs, but price action suggests that selling momentum is slowing, even as broader market participation remains cautious. Recent price movement indicates that LINK is transitioning into a short-term consolidation phase rather than extending its prior decline. After slipping below nearby resistance, price found support in the $12.00–$12.30 demand zone, where buying interest…
Industry groups warn broader ban would hurt competition and limit consumer benefits The Blockchain Association, joined by more than 125 crypto companies and industry organizations has urged US lawmakers to reject efforts to expand restrictions on stablecoin yield and rewards. In a letter sent to the Senate Banking Committee the group warned that extending the prohibition beyond issuers to include application-layer platforms would undermine competition and slow innovation in digital payments. Opposition to Broader Yield Prohibition At the center of the debate is a proposed regulatory framework that limits stablecoin issuers from directly sharing yield with users. The Blockchain Association…
Key digital asset advocate says decision reflects personal limits, not policy retreat US Senator Cynthia Lummis of Wyoming, one of Congress’s most visible champions of digital assets, has announced she will not seek reelection in 2026, confirming she will leave office when her term ends in January 2027. Her departure marks a significant moment for crypto policy leadership in Washington, as lawmakers continue debating comprehensive regulation for the sector. A Leading Voice for Crypto Policy Since taking office in 2021, Lummis quickly emerged as a central figure in shaping Bitcoin- and blockchain-friendly legislation. She played a pivotal role in urging…
Blockstream CEO says public panic over quantum threats creates confusion, not preparedness The debate over quantum computing risks to Bitcoin has intensified after Blockstream CEO Adam Back publicly criticized venture capitalist Nic Carter for amplifying what he called uninformed noise. The disagreement highlights a growing split within the Bitcoin ecosystem over how imminent and serious the quantum threat really is. Rising Tensions Over Quantum Risk Back responded sharply after Carter explained his firm’s investment in a startup focused on post-quantum security for Bitcoin. According to Back, the Bitcoin community is already researching safeguards but prefers to do so quietly and…
AVAX rebounds from recent lows, signaling short-term momentum shift Avalanche (AVAX) recorded a 6% gain over the past 24 hours, rebounding from a recent sell-off and attracting renewed short-term buying interest. The move comes as AVAX holds above a critical demand area, suggesting traders are responding to improving momentum after weeks of downside pressure. AVAX has staged a recovery from the near $11.30 support zone, an area that previously acted as a weak low before buyers stepped in. The bounce followed a sharp rejection to the downside, signaling short-term demand absorption after a sequence of lower lows. Despite the recovery,…