KPMG principal Jamison Sites said in an interview that U.S. tax rules still do not clearly define stablecoins, even as legislation such as the CLARITY Act and GENIUS Act advances. He warned that this gap forces businesses accepting stablecoin payments to track cost basis on each transaction, complicating reporting and potentially slowing broader adoption.

In a Thursday interview in Palm Beach, Eric Trump said that despite Bitcoin's recent drop below $67,000 and its extended downturn, cryptocurrencies and blockchain are still poised to underpin mainstream financial systems. He highlighted World Liberty Financial's tokenized Maldives resort project and the USD1 stablecoin, while also discussing pending U.S. policy debates on stablecoin yields and ongoing lawsuits over alleged politically motivated bank account closures.

Avalanche's AVAX token is trading under pressure on the daily chart, with price stuck below the 20-day EMA and lacking clear bullish momentum. Key resistance sits near $9.59, while supports lie around $8.63 and $8.32, and the order book shows heavy sell walls between $8.93 and $8.95. Momentum indicators such as MACD and RSI point to easing bearish pressure but not yet a confirmed bullish reversal.

XRP is trading below short- and mid-term EMAs on the daily chart as price compresses near key levels. Resistance is marked at $1.4726 and $1.5094, with a higher barrier around $1.9335, while supports sit at $1.3635 and $1.2146. Order books show bid walls at $1.4100, $1.4000, $1.3500 and asks at $1.4800, $1.4900, $1.5100.

Arbitrum's ARB token is trading under sustained downside pressure on the daily chart, with price action drifting toward key support around $0.1077. Technical indicators show oversold conditions and a moderating bearish momentum, suggesting the potential for a short-term bounce if this floor holds, while resistance levels above and order book supply zones still point to a cautious outlook.

BitMEX co-founder Arthur Hayes argues that artificial intelligence-driven layoffs among U.S. knowledge workers could trigger major credit losses for banks and a renewed phase of central bank money printing. He believes Bitcoin's recent divergence from the Nasdaq 100 and other market signals point to early tightening liquidity, which might first cause a deflationary shock before fueling a strong upside move in Bitcoin and other digital assets.

U.S. Commodity Futures Trading Commission Chair Mike Selig stated in a Tuesday video that the agency, not individual states, holds primary authority over event‑contract and prediction‑market platforms such as Polymarket and Kalshi, and pledged to defend that jurisdiction in court. His remarks follow state-level enforcement actions, an adverse federal ruling in Nevada that is under appeal, growing interest from firms including Coinbase and Trump Media & Technology Group, and sharp criticism from Utah Governor Spencer Cox and Senator Elizabeth Warren.

Bridge, the stablecoin infrastructure firm owned by Stripe, has obtained conditional approval from the U.S. Office of the Comptroller of the Currency to form a federally chartered national trust bank. The proposed Bridge National Trust Bank would be able to issue stablecoins, manage reserves, and provide digital asset custody under federal oversight once the charter is finalized, placing Stripe’s stablecoin business directly inside the U.S. banking system.

Ethereum gained over 4% after a weak start to 2026, rebounding toward the $2,050 area while still trading below key EMAs. Momentum gauges hint at stabilization, with the MACD turning slightly positive and the RSI recovering from oversold. Immediate resistance is $2,056–$2,081, then $2,518; supports sit at $1,864, $1,826, and $1,473.