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OKX Ventures Invests in RWA Stablecoin with Securitize, Hamilton Lane

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Crypto Breaking News

Securitize is piloting a novel real-world asset (RWA) stablecoin that is backed by tokenized private credit assets, marking a notable push to bring regulated, yield-generating assets onto blockchain rails. The initiative unfolds through a collaboration with STBL, Hamilton Lane, and OKX Ventures, aiming to issue the new stablecoin on OKX’s X Layer network. The structure ties the stable unit to tokenized exposure to Hamilton Lane’s Senior Credit Opportunities Fund via a feeder arrangement, while separating the yield generated by the underlying assets from the stablecoin itself. This approach is designed to address regulatory nerves around passive yields while enabling programmable settlement within a regulated, on-chain framework.

The collaboration brings together three pillars: Securitize’s tokenization platform, STBL’s stablecoin infrastructure, and Hamilton Lane’s private credit expertise, with financial backing and strategic input from OKX Ventures. The project envisions a broader ecosystem where institutional private markets can be accessed and managed on-chain, leveraging liquidity and settlement capabilities that are increasingly common in Layer-2 environments. In a Thursday X post, Securitize described the product as an ecosystem-specific stablecoin that will be issued on X Layer and collateralized by tokenized exposure to the Senior Credit Opportunities Fund, arranged through a feeder structure managed by Securitize.

The architecture is designed to keep the stable token distinct from the yields it represents. A dual-token model is central to the design: one token maintains price stability, while a separate mechanism accrues yield from the underlying assets. This separation is meant to respond to regulatory discussions in the United States that have focused on stablecoins that distribute passive returns to holders. By routing yield generation to the collateral layer, the framework aims to preserve the stability function of the token itself while still allowing on-chain access to private-credit yields. In a January 14 post, STBL emphasized that the approach aligns with evolving regulatory expectations of distinguishing stable payment instruments from investment products.

“This initiative brings deep liquidity, programmable settlement, and compliant yield management to the X Layer ecosystem, setting a new standard for how capital flows onchain.”

The project’s emphasis on real-world asset liquidity reflects a broader trend in which on-chain finance seeks greater institutional participation. STBL’s yield architecture is described as a deliberate attempt to sidestep certain regulatory concerns by ensuring the stablecoin is not classified as a yield-bearing instrument. The structure proposes that returns accrue at the collateral layer rather than being paid directly to stablecoin holders, a design choice that market participants hope will ease compliance frictions as digital asset markets mature. STBL’s statements highlight the intent to align with regulators’ expectations that separate the instrument used for payments from the investment or yield-generating activities beneath it.

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In explaining the rationale, Securitize noted that tokenization of private credit, when combined with programmable settlement, can unlock a level of on-chain efficiency previously unavailable to traditional markets. The feeder arrangement linked to Hamilton Lane’s Senior Credit Opportunities Fund is intended to provide a robust, diversified exposure to private credit assets, while the on-chain wrapper enables programmable settlement and potentially broader liquidity across the X Layer ecosystem. The executives cited that the arrangement leverages the strength of tokenization and institutional governance structures to bring private markets into the on-chain world.

The collaboration is also positioned within a wider regulatory dialogue around stablecoins. By creating a dual-economy dynamic—one for the stable unit and another for the yield—the parties aim to provide a framework that can be more palatable to policymakers who are wary of passive yield mechanisms. The approach reflects a growing industry push to design financial primitives that preserve the reliability and predictability of stablecoins while still enabling on-chain access to sophisticated yield-generating strategies.

Cointelegraph reached out to OKX Ventures and STBL for comment on the token’s architecture and yield expectations. The public posts from Securitize and STBL on X provide the primary public vantage points for understanding how the feeder structure interacts with Hamilton Lane’s private-credit assets and how the on-chain settlement process is intended to function within the X Layer network. The broader context includes ongoing policy discussions around US market structure and the regulation of stablecoins, including concerns about passive yields on stablecoin holdings.

Related reporting has highlighted ongoing debates about tokenization, on-chain settlement, and regulated approaches to stablecoins, underscoring that the sector is still navigating a complex regulatory landscape. The new framework’s emphasis on separating stable value from yield is a direct response to these discussions, positioning the product as a test case for how regulated tokenization can coexist with the on-chain ecosystem.

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The evolving design also aligns with broader efforts to tokenize RWAs and integrate them within regulated digital asset ecosystems. Securitize’s platform, which has logged immense growth in tokenized assets and long-standing relationships with major players in traditional finance, provides a credible basis for such an initiative. The project’s success will hinge on how effectively the feeder structure translates private-credit exposure into reliable on-chain liquidity, how well the dual-token model withstands regulatory scrutiny, and how the X Layer network accommodates scalable, compliant programmable settlement.

As the ecosystem evolves, observers will be watching for how governance and product metrics develop, including yield expectations, liquidity depth, and the ability to maintain stable unit value amid fluctuating demand for private-credit exposure. The collaboration signals a maturing phase in on-chain finance, where institutional players are increasingly willing to explore regulated mechanisms that can deliver both stability and yield through tokenized, on-chain structures.

Sources: OKX Ventures and STBL statements via X posts; Securitize’s official X post; Hamilton Lane’s exposure strategy via the same channels; regulatory discussions surrounding US market structure and stablecoins.

Video and related materials linked to the project are available through the channels referenced in the announcements, including a YouTube video linked in the original content. To review the latest details and context, readers can follow the primary posts on X from Securitize and STBL and the accompanying materials from Hamilton Lane and OKX Ventures.

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Market context

Market context: The launch arrives as tokenization of real-world assets gains traction among institutional investors, even as regulators scrutinize stablecoins that distribute passive yields. By combining regulated tokenization, programmable settlement, and a dual-token design, the project seeks to balance on-chain efficiency with strict compliance expectations. The initiative also underscores growing interest in Layer-2 ecosystems like X Layer as venues for institutional-grade liquidity and on-chain settlement that can bridge traditional finance and digital asset markets.

Why it matters

The collaboration represents a notable step in the ongoing integration of real-world assets into on-chain finance. By linking a tokenized private-credit exposure to a stablecoin structure, the project tests whether RWAs can deliver stable value on-chain while preserving the ability to generate yield from traditional asset classes. If successful, this model could unlock new liquidity channels for private credit, potentially expanding the investor base for specialized funds and enabling more dynamic, on-chain risk management tools for institutions.

For builders and investors, the dual-token approach offers a blueprint for designing stablecoins that decouple payments from investment performance. Regulators have shown heightened scrutiny of yield-bearing stablecoins, and this architecture attempts to address those concerns by ensuring that the stable unit maintains price stability independently of the yield generated by the underlying assets. The project highlights how tokenization, governance, and settlement engineering can converge to create on-chain instruments that appeal to both institutional participants and compliant market participants.

From a market perspective, the initiative underscores the importance of liquidity and settlement infrastructure in enabling RWAs to function effectively on-chain. It also points to a broader appetite among market participants for regulated, transparent frameworks that can accommodate complex asset classes while offering the operational advantages of blockchain technology. The success of this approach will influence how other asset managers, custodians, and exchanges approach RWAs and their representation as on-chain instruments.

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What to watch next

  • Timeline and milestones for the stablecoin’s issuance on X Layer, including any feeder-structure milestones and governance changes.
  • Regulatory updates or formal guidance that clarify how the dual-token model will be treated under US stablecoin and securities rules.
  • Details on the yield mechanism at the collateral layer, including any performance benchmarks and risk controls for the underlying Senior Credit Opportunities Fund exposure.
  • Confirmation of liquidity.Depth on X Layer and any listed or cross-chain integrations that expand access to the tokenized private-credit exposure.
  • Additional announcements from Securitize, STBL, Hamilton Lane, and OKX Ventures detailing product roadmap and potential expansion into other asset classes or funds.

Sources & verification

  • Official X posts from Securitize describing the ecosystem-specific stablecoin and its feeder structure.
  • STBL official posts discussing the yield architecture and regulatory alignment for stablecoins.
  • OKX Ventures statements and materials related to the investment and strategic collaboration.
  • Hamilton Lane materials outlining the Senior Credit Opportunities Fund exposure used in the feeder arrangement.
  • Discussion of the US market structure bill’s provisions affecting passive yield on stablecoins and related regulatory debates.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Ripple rolls out enterprise crypto treasury platform for corporates

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Ripple launches Ripple Treasury to help Arc Miner modernize its enterprise cash and digital asset management

Ripple’s Digital Asset Accounts and Unified Treasury let corporates manage fiat, RLUSD, XRP and other tokens inside existing treasury systems, targeting on‑chain cash and stablecoin demand.

Summary

  • Ripple has launched Digital Asset Accounts and Unified Treasury, a crypto fund-management stack for corporate finance teams.
  • The platform lets enterprises manage fiat, RLUSD and XRP alongside other digital assets within existing treasury workflows.
  • The launch builds on Ripple’s acquisition of GTreasury and targets rising demand for on-chain cash and stablecoins in corporate treasury.

Ripple has unveiled an enterprise-grade cryptocurrency fund-management system designed to let corporate finance teams manage fiat and digital assets on a single platform, in its latest push beyond cross-border payments into full-stack treasury infrastructure. The new stack, branded Digital Asset Accounts and Unified Treasury, allows companies to oversee assets such as RLUSD and XRP directly within existing treasury systems, without the need for separate wallets, exchanges or third-party custodians, according to a report from Decrypt.

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The system embeds crypto rails into conventional treasury workflows, effectively turning tokenized balances into another line item alongside existing cash and securities positions. Ripple said the integration “supports corporate finance teams in managing fiat and digital assets on the same platform,” lowering onboarding frictions for enterprises that want exposure to stablecoins and on-chain liquidity but are unwilling to re-architect their internal controls around consumer-grade wallets. The release leverages Ripple’s earlier acquisition of corporate treasury platform GTreasury, a deal the company framed at the time as a way to “embed crypto capabilities into mature corporate financial infrastructure” and plug directly into CFO tech stacks, as previously reported by Decrypt and The Financial Times.

Shift from remittances to on-chain cash management

Ripple’s move comes as stablecoins and tokenized deposits are increasingly used for working capital and cross-border settlement, rather than purely speculative trading. In an earlier interview with Bloomberg, Ripple CEO Brad Garlinghouse argued that “on-chain cash management and real-time liquidity” would be the next major adoption wave for digital assets, as corporates look for faster settlement and programmability without taking on directional crypto risk. By offering a unified treasury view over fiat, RLUSD, XRP and other digital balances, Ripple is positioning its stack as a direct competitor to bank-led tokenization platforms and infrastructure from players like JPMorgan’s Onyx, which already processes trillions of dollars in tokenized intraday repo and payments flows, according to public filings reported by Bloomberg.finance.

In parallel, on-chain cash tools have been gaining traction across the broader market. A recent Forbes analysis of prediction and on-chain markets noted that institutional demand for programmable dollar exposure helped push real-world asset and stablecoin-related protocols to more than $13 billion in monthly volumes by late 2025. Against that backdrop, Ripple’s enterprise treasury product signals a deliberate shift: from being seen primarily as a remittances company tied to XRP price cycles, toward becoming a vendor of compliant, plug-in crypto infrastructure for corporate finance teams that increasingly treat tokenized dollars as part of their core liquidity stack.

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eToro wins New York BitLicense, expands crypto access to 48 US states

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eToro wins New York BitLicense, expands crypto access to 48 US states

eToro has secured a New York BitLicense and money transmission license, reopening crypto trading to New Yorkers and extending its US coverage to 48 states after a 2024 SEC settlement.

Summary

  • eToro has secured both a New York BitLicense and a money transmission license, opening its crypto platform to residents of New York.
  • The approvals mean eToro now offers cryptocurrency trading in 48 US states, following a $1.5 million settlement with the SEC in 2024.
  • The company calls New York “the heart of the financial markets” and frames the move as a strategic milestone in its US expansion.

Online brokerage and social trading platform eToro has obtained a coveted New York BitLicense and a parallel money transmission license, clearing the way for residents of the state to trade cryptocurrencies on its platform for the first time. The twin approvals from the New York State Department of Financial Services (NYDFS) mean eToro’s crypto offering now reaches 48 US states, according to a report from Crowdfund Insider cited by ChainCatcher.

Announcing the launch, Andrew McCormick, head of eToro’s US division, said that “New York is the heart of the financial markets and a hub of innovation,” describing the expansion as “both a strategic milestone and a reflection of our commitment to responsibly advancing the next generation of financial market accessibility.” NYDFS’s BitLicense regime, introduced in 2015, remains one of the strictest state-level crypto frameworks in the US, with only a limited number of exchanges and custodians approved over the past decade, as repeatedly highlighted by outlets such as Bloomberg and the Financial Times.finance.

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The New York green light comes roughly two years after eToro resolved an enforcement action with the US Securities and Exchange Commission. In 2024, the company agreed to pay a $1.5 million civil penalty to settle charges that it operated as an unregistered broker and clearing agency, and subsequently delisted most crypto assets from its US platform while it overhauled its compliance controls. That retrenchment mirrored a broader regulatory crackdown on offshore-style token menus, with major venues trimming their listings in response to SEC and CFTC pressure, as detailed in earlier reporting by Bloomberg and the Wall Street Journal on post-2022 enforcement trends.finance.

Since then, eToro has adopted a more conservative US stance, focusing on a narrower range of assets and building out its compliance and surveillance stack to meet NYDFS standards. By securing the BitLicense, the firm joins a small club of global exchanges able to serve New York retail customers, preserving a regulatory moat that rivals without state approval cannot easily cross. For US users, the expansion means a familiar social-trading interface will now sit alongside licensed incumbents in the country’s most tightly regulated crypto market, while for the industry it offers a template for how post-enforcement platforms can re-enter New York — provided they accept heavier oversight and a slimmer token set.

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Bitcoin’s (BTC) parabolic era may be over as old peaks are tested

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BTC's price swings in candlestick format. (TradingView)

Since its inception, bitcoin has been like a daredevil climber scaling new heights, rarely looking back at the ledges it left behind. Its price seldom retraced to previous bull-market peaks, even during long, grueling bear markets.

But that pattern seems to have changed, suggesting that the market has matured, and the era of runaway, parabolic gains is behind us.

BTC trades near old peak

Bitcoin has been hovering around $70,000 since early February – well below the $126,000 peak of the 2023-2025 bull run.

That $70,000 mark is important because it was the record high in the 2019–2022 market cycle. In other words, this bear market has retraced all the way back to a previous summit.

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This is unusual. In earlier bear markets, such as those in 2014 and 2018, bitcoin never returned to prior cycle highs. The exception was 2022, when prices dipped under the 2017 high of $20,000. At the time, analysts dismissed it as an anomaly, blaming crypto scams and massive deleveraging.

What makes the current retrace remarkable is that it’s happening without any extreme catalysts. The market has simply returned to a prior peak as part of the natural ebb of a bear cycle.

BTC's price swings in candlestick format. (TradingView)

Slowing growth and the law of diminishing returns

Each new bull run isn’t generating the parabolic gains of the past. Pushing prices far beyond previous peaks is getting harder, which makes retraces to old highs more natural. In other words, previous peaks are no longer untouchable.

This is a clear example of the law of diminishing returns. As bitcoin becomes more expensive, moving prices higher requires ever-larger sums of capital. The days when modest inflows could trigger massive rallies are largely behind us, making price movements more measured and predictable.

Looking at historical growth highlights this trend:

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  • The 2013 peak was 38 times higher than 2011.
  • The 2017 peak was 16 times higher than 2013.
  • By 2021, the increase slowed to just 3 times the 2017 level.
  • The 2025 peak of over $126K was less than twice the 2021 peak.

While prices are still rising, the pace of growth is steadily slowing.

Institutionalization and broader market participation

Part of this slowdown comes from the institutionalization of Bitcoin and the growth of the derivatives market. Traders now have structured ways to bet on volatility, timing, and market direction, not just price increases. This broader participation has tempered extreme swings.

This is very different from the pre-2020 era, when trading was largely limited to buying and selling on the spot market. Back then, only bullish believers of bitcoin actively participated, often jumping in at the first sign of a dip.

Behavioral patterns and what’s next

Old peaks often act as strong support levels due to a behavioral concept called anchoring bias, where traders fixate on previous highs as reference points.

Many who missed the initial breakout tend to buy when prices return to these familiar levels, fueling the next leg of a bull run. This behavioral tendency, combined with the self-reinforcing nature of support and resistance, helps explain why the recent downtrend has stalled around $70,000.

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A strong bounce from this level could signal that the bear market has run its course, similar to late 2022, when the downtrend ended around $20,000.

However, if the law of diminishing returns is any guide, the next uptrend may be more measured and “tradfi-like,” rather than the frenzied rallies of the old speculative days.

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Shiba Inu Price Prediction: Time to Say Goodbye To Millionaire Dreams?

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Shiba Inu is consolidating below $0.000006 price level, a line that has flipped from support to resistance, dragging any bullish prediction.

Shiba Inu is trading at $0.00000597, up 0.93% in the last 24 hours, a modest price bounce that masks a bruising -4.4% seven-day slide, and the prediction is not looking good. The dog coin that minted actual millionaires in 2021 is now fighting to hold a six-zero price handle.

The 24-hour rebound followed a technical defense of the $0.0000056 support zone after six consecutive red sessions. Trading activity surged 70%, accompanied by a positive buy-sell delta of 27.4 billion SHIB.

On-chain data confirmed net exchange outflows of 112–125 billion SHIB, stripping near-term selling pressure from the order book. That confluence, volume spike, positive delta, and exchange drain are historically the setup SHIB needs before a short-term leg higher.

But can SHIB print more millionaires at this level? Are memecoins’ communities no longer able to catapult a coin?

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Shiba Inu Price Prediction: Reclaim $0.000007 Before April Ends, or Dream Shattered?

Shiba Inu is consolidating just below the $0.000006 price resistance level, a line that has flipped from support to resistance over multiple sessions, dragging down bullish sentiment.

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Key levels to track: support clusters at $0.0000056–$0.0000059, with resistance stacked at $0.0000060–$0.0000065 and a more meaningful ceiling near the historical $0.000018–$0.000020 range.

Three scenarios are currently in play:

Shiba Inu is consolidating below $0.000006 price level, a line that has flipped from support to resistance, dragging any bullish prediction.
SHIB USD, Tradingview
  • Bull case: SHIB flips $0.000006 with sustained volume, targets $0.0000065–$0.000007 within days. Exchange outflows accelerating would confirm this path.
  • Base case: Price consolidates between $0.0000057–$0.0000062, grinding sideways as macro uncertainty limits conviction.
  • Bear case: Failure to hold $0.0000056 opens a drop toward $0.0000050, invalidating the current rebound thesis entirely.

The 589 trillion SHIB still in circulation remains the structural ceiling on any millionaire-making moon run. People have noted SHIB’s sensitivity to external catalysts. The October 2024 Elon Musk effect pushed volume to $145 million in 48 hours, but that event is, by definition, unpredictable.

SHIB could deliver decent returns. Delivering millionaire returns from this market cap? That math gets harder every cycle.

Discover: The best crypto to diversify your portfolio with

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Maxi Doge Targets Early Mover Upside as Shiba Inu Tests Key Levels

Here’s the uncomfortable reality SHIB holders face: at today’s price, the multiplier required to turn a $1,000 stake into a million dollars simply doesn’t exist at current valuations without a market cap that would rival entire national economies. It’s arithmetic.

Traders chasing the next generational meme coin trade are increasingly looking at earlier-stage projects where the supply-to-price math still works in their favor.

Maxi Doge ($MAXI) is one presale capturing that rotation. The project has raised more than $4.7 million at a current price of just $0.0002811. The concept leans hard into gym-bro meme culture with holder-only trading competitions, leaderboard rewards, and a Maxi Fund treasury dedicated to liquidity and partnerships.

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Recent capital flows into the presale have drawn comparisons to early-stage SHIB momentum. Staking is live with a 66% APY bonus. For traders weighing SHIB’s structural ceiling against earlier-stage upside, researching Maxi Doge is worth the ten minutes.

This article is not financial advice. Crypto investments are highly volatile and speculative. Always conduct your own research before investing.

The post Shiba Inu Price Prediction: Time to Say Goodbye To Millionaire Dreams? appeared first on Cryptonews.

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Gold Price Prediction: Worst Month in 17 Years fo Save Haven Rock

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Gold price climbed 2.2%, but the bounce barely registers against a 12% monthly collapse, which resulted in a more grim-looking prediction.

Gold is hemorrhaging value. Spot gold price climbed 2.2% to $4,687/oz, but that bounce barely registers against a 12% monthly collapse that has the metal on track for its worst monthly performance since October 2008, which resulted in a more grim-looking prediction.

The safe-haven narrative is cracking.

The catalyst yesterday was a Wall Street Journal report that President Donald Trump signaled willingness to end the U.S. military campaign against Iran, even if the Strait of Hormuz remains partially closed.

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“Gold prices are bouncing in early Asia-Pacific trade after U.S. President Donald Trump told aides he is willing to end the U.S. military campaign against Iran… That triggered a risk-on response from financial markets,” said Ilya Spivak, head of global macro at Tastylive.

U.S. gold futures for April delivery gained 1.2% to $4,611.30 in tandem. The dollar eased, providing additional tailwind to greenback-denominated bullion.

Despite the daily reprieve, the macro structure driving gold’s rout remains intact, and Fed policy signals from Powell continue pointing toward a higher-for-longer rate environment that structurally penalizes non-yielding assets.

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Gold Price Prediction: Can XAU Reclaim $5,000 Before the Fed Blinks?

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Today’s relief rally puts spot gold close to $4,700, up 1.5% intraday. This figure looks strong in isolation against March’s 13% drawdown from prior highs above $5,000.

Spivak flagged a critical technical signal: “Gold has been stabilizing for about a week now, with a rally last Friday a particular standout. That came alongside a drop in Treasury yields that seems to suggest the markets are starting to see the Iran war as a recession risk.”

Falling yields reduce the opportunity cost of holding gold, that’s the bull mechanism. Quarterly gains still hold at approximately 5%, confirming the longer-term trend hasn’t broken.

Gold price climbed 2.2%, but the bounce barely registers against a 12% monthly collapse, which resulted in a more grim-looking prediction.
XAU USD, Tradingview

For the gold price, if de-escalation holds, Treasury yields slide further, Fed language softens on inflation, gold can re-targets $4,800–$5,000 resistance recovery. Goldman Sachs maintains a $5,400/oz end-2026 target anchored by central bank accumulation and eventual easing.

However, if energy prices re-accelerate, the Fed signals no cuts through year-end, and Hormuz disruption deepens, a break below $4,300 opens the door to the low $4,000s.

Discover: The best pre-launch token sales

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LiquidChain Targets Early Mover Upside as Gold Tests Key Resistance

Gold’s struggle to reclaim $5,000 raises an uncomfortable question for capital allocators: if the canonical safe haven is down 13% in a month, where does risk-adjusted opportunity actually live?

For us, watching macro dysfunction erode established stores of value, early-stage infrastructure plays with asymmetric upside are drawing renewed attention, particularly those solving real structural problems across fragmented liquidity markets.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer — fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. The architecture centers on four components: Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and Deploy-Once Architecture, letting developers deploy once and access all three ecosystems simultaneously.

The presale is currently priced at $0.01445, with more than $630K raised to date, with more than 1700% APY in staking bonus.

For those looking for a gold alternative, research LiquidChain’s presale structure here.

This article is not financial advice. Conduct your own research before investing.

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The post Gold Price Prediction: Worst Month in 17 Years fo Save Haven Rock appeared first on Cryptonews.

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Pro-Crypto PAC to be Headed by Tether Executive ahead of US Midterms

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Pro-Crypto PAC to be Headed by Tether Executive ahead of US Midterms

Jesse Spiro, the head of government affairs at stablecoin issuer Tether, will be chairing the organization of a crypto-backed Super political action committee (PAC) to “actively support candidates” in the 2026 US midterm elections and beyond.

In a Wednesday announcement, the Fellowship PAC, a committee that launched in August 2025 and later claimed to have raised “over $100 million” from undisclosed backers aligned with the crypto industry, said that Spiro would become chair ahead of its first political endorsements for the 2026 elections.

The PAC said that it would support candidates in favor of innovation, regulatory clarity for digital assets, and open markets.

”We have an opportunity to ensure the United States remains the global hub for builders, entrepreneurs, and technological progress,” said Spiro. “Fellowship PAC is committed to supporting leaders who understand what’s at stake and are willing to act.”

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Source: Fellowship PAC

The addition of a crypto-aligned Super PAC with potentially hundreds of millions of dollars could be used to influence US elections. The Fairshake PAC, backed by Ripple Labs and Coinbase, spent more than $130 million on media buys in the 2024 elections, and reported having $193 million ahead of the 2026 midterms.

Related: Crypto awareness tops 80% among young people in UK: Coinbase survey

Fellowship filed a statement of organization with the US Federal Election Commission (FEC) on Aug. 7 and had reported no contributions or expenditures as of Dec. 31. Although the PAC has claimed to have more than $100 million in its war chest, it was unclear at the time of publication who may be responsible for funding the committee.

Cointelegraph did not receive an immediate response to requests for comment by the PAC.

Money from the crypto industry may already have been a factor in US state primaries, which kicked off in March. Although some of the industry-aligned candidates did not win their races in Illinois, there are more than seven months before the 2026 general election, giving PACs like Fairshake, Fellowship, and others the opportunity to sway voters.

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A debate on stablecoin yield is still shadowing a congressional crypto bill

Tether, the issuer behind the largest stablecoin by market capitalization, USDt (USDT), is likely to be affected by legislation being considered by US lawmakers in the Senate.

The House of Representatives passed a digital asset market structure bill in July 2025 called the CLARITY Act, which has effectively been stalled in the Senate amid debate over stablecoin rewards, tokenized equities, ethics and other issues.

As of Wednesday, the Senate Banking Committee had not rescheduled a markup on the bill which it postponed in January. It’s unclear if or when the bill could head to the full chamber for a vote.

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Magazine: A newbie’s guide to surviving crypto winter