Recent News on Cryptocurrency, Blockchain, and Finance | Yellow

In a bold move that could redefine the American financial system, former President Donald Trump announced that, if re-elected, he plans to authorize cryptocurrency as the default method of payment for goods and services across the United States. The proposal, which marks a dramatic shift from traditional banking practices, would prioritize digital currencies such as Bitcoin and Ethereum over the U.S. dollar for everyday transactions. Trump claims the initiative will boost innovation, reduce reliance on centralized financial institutions, and position the U.S. as a global leader in crypto adoption.

Conflux to launch offshore yuan stablecoin with AnchorX and upgrade to 3.0 in August, advancing China's blockchain-based global finance ambitions.

TON Foundation launches Tolk programming language to reduce smart contract costs by 40% while token declines.

NFT market surges $1B in 24 hours as Ethereum rallies. CryptoPunks, Pudgy Penguins lead gains. Signs of a potential NFT revival emerge.

Congressional passage of landmark stablecoin legislation propels cryptocurrency market value above $4 trillion milestone.

Ethereum's market cap reached $461.49 billion, surpassing Goldman Sachs and Bank of China combined, as analysts warn of potential crypto cycle peak and urge profit-taking strategies amid the rally.

US-based Bitcoin exchange-traded funds recorded their second consecutive week exceeding $2 billion in inflows, driven by policy optimism and record cryptocurrency prices.

Trump signs the GENIUS Act into law, marking the first U.S. crypto regulation with strict rules for stablecoins and a heated CBDC debate.

K33 Research reports Bitcoin's historic four-year cycle pattern may be ending as the asset matures.

Coinbase launches Base App to unify crypto trading, USDC payments, social feeds, and apps into one platform powered by its Base Layer 2 ecosystem.