Senate banking committee cancels crypto market structure markup. Portfolios with crypto, gold perform 15% better. Paris NFT conference canceled, insiders opt for smaller gatherings and NCAA requests federal agency pause betting on college sports. Jane King with the latest from the NYSE.
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Here's a look at your crypto daily download.
The Senate Banking Committee has canceled the crypto market structure markup for today.
Now this after Coinbase publicly withdrew its support for the legislation.
Brian Armstrong, the CEO of Coinbase, said the current version of the bill would be materially worse than the current status quo and that Coinbase would rather have no bill than a bad bill.
Also, Wall Street bankers had continued to.
Lobbied vigorously against crypto to yield and convinced a number of lawmakers from both parties that traditional banking was under threat.
No new date has been set, according to the committee chairman Tim Scott.
Well, Bitcoin and gold allocation outperforms traditional portfolios.
Bitwise says this supports Ray Dalio's recommendation of 15% investments in those assets.
Now the research concluded that this produced the best.
Between downside protection and upside participation without the volatility of a Bitcoin-only allocation, organizers of NFT Paris 2026 have announced a cancellation of the highly anticipated event.
Once a key gathering for NFT creators, collectors, and companies, the event's sudden halt is being seen as a reflection of a broader trend.
The NFT market is maturing and quickly.
Instead, in Communities are shifting their focus to smaller, more targeted meetups, workshops, and online collaborations.
Well, the NCAA is urging the CFTC to pause college sports prediction markets.
The group says contracts mirror sports betting but lack safeguards, warning transfer portal markets could pose catastrophic risks to student athletes.
And that is the latest crypto daily download headlines.