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Crypto

Fed releases stablecoin rules as debate flares over digital asset taxation

The digital asset market focus shifts from legislation to rulemaking as U.S. agencies move after the Clarity Act stalls in the Senate. The Federal Reserve unveiled a framework to require payment stablecoin issuers to fully back tokens with permitted reserve assets, ahead of the GENIUS Act taking effect in 2027. Bitcoin struggled as 10-year Treasury yields hit a 19-year high. In South Korea, debate resurfaced over digital asset income tax due in 2027.

Crypto

XRP 2030 outlook varies widely as institutions stay cautious, community turns bullish

Long-term forecasts for XRP prices in 2029 to 2030 diverge sharply, ranging from under $5 to $28 and in some cases $1,000. Web-based models are generally conservative, while some institutional projections, including Standard Chartered, see higher levels based on assumptions such as broader adoption and regulatory progress. On X, institutional targets and community expectations differ widely. Community forecasts span from single-digit prices to triple-digit scenarios, with $1,000 remaining an extreme but recurring topic.

Crypto

Bitwise lists first U.S. NEAR spot ETF as AI and cross-chain themes gain traction

Global asset manager Bitwise launched the first U.S. spot exchange-traded fund tied to NEAR, which began trading on NYSE Arca under the ticker NRR. The fund is designed to give investors exposure to NEAR without buying the token directly and charges a 0.75 percent management fee. Bitwise plans to stake a significant portion of its NEAR holdings. The launch comes as NEAR has risen sharply and as interest grows in cross-chain trading and AI agent use cases.