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Bitcoin(BTC) Drops Below $68,000 with a 0.66% Decrease in 24 Hours
Bitcoin has dropped below $68,000 and is now trading at $67,974, with a narrowed 0.66% decrease in 24 hours.
SEC Is Pushing Back Against New Wave of High-Leverage ETF Plans
The US Securities and Exchange Commission asked leveraged-ETF issuers not to move forward with a new wave of planned funds, using a rare group call Monday to renew its push against increasingly aggressive fund structures.
The agency’s Division of Investment Management made the ask during a brief call with independent trustees and fund counsel, according to six people familiar with the matter. The call lasted only a few minutes with no question-and-answer session, participants said. The message, they said, was to relay to issuers that they shouldn’t go effective — the step that activates a fund’s registration and clears it to launch — with their proposed products.
At stake is whether a new generation of ETFs — some designed to deliver as much as five times the daily return of an underlying index, for instance — comply with regulatory limits governing fund risk relative to assets.
Trump Escalates Confrontation With Banks Over Crypto Agenda
President Donald Trump warned banks against weakening his cryptocurrency agenda and pushed for passage of a market-structure bill known as the Clarity Act, escalating a confrontation with the financial industry over legislation that would reshape how digital assets are regulated in the US.
In a post on his Truth Social platform late Tuesday, Trump framed the fight in geopolitical terms, saying the crypto industry “cannot be taken from the People of America” and that inaction would cede ground to China.
“The Banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda,” Trump said.
It was his most direct public rebuke of the banking lobby on crypto policy, and comes as the administration pushes to establish the US the world’s capital for digital assets.
SoFi Ties up with Mastercard to Enable Settlement of SoFi-USD Stablecoin Across MA's Network
SoFi Technologies Inc. has partnered with MasterCard to enable settlement of the former's U.S. dollar stablecoin across the latter's payments network.
SoFi-USD is the San Francisco-based financial services provider's fully reserved U.S. dollar stablecoin, the first to be offered by a U.S. nationally chartered and insured deposit bank on a public, permissionless blockchain.
Circle Mints $1 Billion USDC on Solana in 10 Hours
Onchain Lens posted on X that Circle Internet Corp. has minted $1 billion worth of USDC on the Solana blockchain within the past 10 hours. This recent activity contributes to a total of $23.75 billion USDC minted on Solana in 2026. The significant minting highlights Circle's ongoing engagement with the Solana network, reflecting the growing adoption and utilization of USDC in the cryptocurrency market.
Visa and Stripe's Bridge Expand Collaboration in Stablecoin-Linked Cards
Visa and Bridge, STRIP's stablecoin infrastructure platform, plan to bring stablecoin-linked cards to more than 100 countries, expanding their global card issuance product, the companies said Tuesday.
The two companies first introduced the stablecoin-backed cards in 2025. Now, through Bridge's partnership with Lead Bank, those card transactions can be settled onchain with Visa (V). Bridge-enabled stablecoin-linked cards are now live in 18 countries, with planned expansion to more than 100 countries across Europe, Asia-Pacific, Africa, and the Middle East by the end of 2026.
Bitcoin Spot ETF Flow
The overall net inflow of the US Bitcoin spot ETF on Tuesday was $225.15 million. The total net asset value of Bitcoin spot ETFs is $87.58 billion, and the ETF net asset ratio (market value compared to the total Bitcoin market value) is 6.42%.
The Bitcoin spot ETF with the highest net inflow was iShares Bitcoin Trust, with a net inflow of $322.38 million, according to SoSoValue.
SoSoValue