Cryptonews

U.S. regulators are tiptoeing towards cozying up on crypto rules in Congress, because nothing says “fun” like a wild west with digital money.

Image of crypto chaos

Mesh, a self-proclaimed global crypto payments network, has managed to coax $75 million from the pockets of Dragonfly Capital and its coterie of backers, including Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. A veritable who’s who of the financially optimistic.

In the grand theatre of global silver commerce, the previously placid backstage has turned into a stage of desperate improvisation. The previously languid stockpile, once the bemused jester of the market, now shrivels as if the theatre itself had been trimmed for a tighter set. When the shelves that once stacked silver like a polite gentleman’s shoe collection are found practically empty, the market cannot help but roar.

With a blithe $159 billion of fund infrastructure now hopping onto Solana, WisdomTree is making the point that regulated money can, indeed, saunter past the clumsy hum of traditional banking rails. Genfinity’s X chatter confirms that regulated money‑market funds are now settling in native splendour on SOL, allowing institutional cash-flow assets to ditch the antiquated rails of yesteryear.

On Thursday, the Senate, with a vote of 45-55, rejected the House-approved 6-bill spending package, a document as bloated as it was contentious. The inclusion of extended DHS funding through September 30, devoid of any meaningful reform, proved too bitter a pill for a bipartisan coalition-comprising all Democrats and seven Republicans-to swallow. They chose principle over expediency, a rarity in these times, and thus the bill failed to secure the requisite 60 votes.

Hold onto your hats because today’s gold antics have been anything but boring! Just when you thought the price was climbing to heavenly heights, it decided to do a dramatic nosedive. On Thursday, gold pulled a classic “look at me!” move, retreating sharply and sending earlier gains packing. We’re talking about a 4-5% drop to around $5,165, proving once again that volatility is just gold’s favorite party trick.

Adams, never one to shy away from a fight, took to social media with the fervor of a man defending his honor at a duel. “$8 billion in reserves!” he proclaimed, as if the number itself were a shield against Mamdani’s barbs. The timing, of course, could not have been more ironic, coming mere weeks after Adams’ foray into the world of meme coins-a venture that left 60% of traders nursing their losses like wounded soldiers on a battlefield of bad decisions.

Gold just pulled off one of the largest silent wealth shocks in the modern market era, leaving many scratching their heads and checking their bank accounts.

And here we are, back to the age-old debate: is capital abandoning digital assets faster than I abandon my New Year’s resolutions, or is it just waiting in the wings, munching on popcorn as risk appetite takes a shift? Grab your diaries, folks, this might be one for the history books!