Coinbase (NASDAQ:COIN) has warned U.S. lawmakers it could withdraw support for a major crypto market-structure bill if new provisions restrict its ability to offer rewards on stablecoin holdings.

What Happened: The bill is headed for Senate committee markup this week, but proposed changes would limit stablecoin rewards to regulated banks or trust-chartered institutions.

Bloomberg reported on Monday the push is backed by the banking lobby and opposed by crypto-native firms.

Stablecoin rewards are a key revenue source for Coinbase, largely tied to interest earned on USDC (CRYPTO: USDC) reserves shared with Circle (NYSE:CRCL).

Coinbase generated about $1.3 billion in stablecoin-related…

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Bitcoin is trading around $90,000 as broader crypto sentiment remains neutral despite macro tailwinds; liquidations stand at $211.88 million over the past 24 hours.   

Bitcoin ETFs saw $250 million in net outflows on Friday, while Ethereum ETFs reported $93.8 million in net outflows.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTCEthereum(CRYPTO: ETHSolana(CRYPTO: SOLXRP(CRYPTO: XRP)$90,446.61)$3,108.44)$139.44              )$2.03

BTC Recipe Remains Same?

Crypto trader Jelle said Bitcoin is consolidating around the $90,500 level, repeatedly retesting it from above as the market awaits Powell’s comments.

He noted that reclaiming the $93,500 area is the key near-term objective,…

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Cardano (CRYPTO: ADA) founder Charles Hoskinson slammed the Trump administration’s handling of the cryptocurrency industry in an interview aired Sunday, particularly targeting David Sacks, the White House cryptocurrency czar.

Hoskinson Attacks Sacks

Appearing on The Wolf Of All Streets Podcast, Hoskinson voiced skepticism about the passage of the cryptocurrency market structure bill, a key piece of legislation championed by industry figures, in the first quarter.

“If it doesn’t pass this quarter, I think David Sacks should resign. He’s utterly failed us as an industry,” Hoskinson said.

“If you’re the czar and you’re in charge of this whole thing, I’ve got to judge…

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Strategy Inc. (NASDAQ:MSTR) Executive Chair Michael Saylor highlighted on Sunday that the company has surpassed Wall Street giants since adopting the Bitcoin (CRYPTO: BTC)-focused approach, trailing only Nvidia Corp. (NASDAQ:NVDA).

‘Best-Performing Assets’ Of The Decade

Saylor posted a chart on X comparing annualized returns for various assets during the “Bitcoin Standard Era,” referring to the period since Aug. 10, 2020, when the company adopted Bitcoin as its primary treasury reserve asset. 

During this period, Nvidia surged by 1,557%, with a compound annual growth rate of 68%. Strategy stood second in the list, gaining 1,173% with annualized returns of 60%.

Bitcoin, the asset…

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A social post shared by Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao was flagged on Sunday for misrepresenting an old announcement from X about introducing in-app trading.

X Community Fact Checks CZ’s Claim

CZ made a “clapping hands” emoji in response to a post by The Bitcoin Historian about Elon Musk’s social media company launching in-app Bitcoin (CRYPTO: BTC) and cryptocurrency trading.

Users on X added a community note to the post, stating that while reports of in-app trading are accurate, no official announcement mentions Bitcoin or any other cryptocurrency.

CZ didn’t immediately return Benzinga’s request for comment on the matter.

Will Crypto Payments Debut On X?

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Leading cryptocurrencies spiked on Sunday, but stock futures plunged after the Justice Department served subpoenas to the Federal Reserve.

CryptocurrencyGains +/-Price (Recorded at 9:15 p.m. ET)Bitcoin (CRYPTO: BTCEthereum(CRYPTO: ETH               XRP(CRYPTO: XRP             Solana(CRYPTO: SOL             Dogecoin(CRYPTO: DOGE             )+0.97%$91,445.21)+1.21%$3,129.37)            -0.88%$2.07)            +3.88%$141.41)            +0.35%$0.1395Cryptos See Overnight Spike

Bitcoin rallied in the evening, breaking past $91,500 as trading volume picked up dramatically. Volumes rose nearly 75% over the…

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Cryptocurrency punters are betting on an imminent U.S. military intervention in Iran amid reports of rising fatalities in the current turmoil and President Donald Trump’s repeated threats to invade.

Rising Stakes: US-Iran Conflict Now Likely?

The odds that the U.S. will strike Iran by Jan. 16 rose from 27% to 32% over the last 24 hours on Polymarket.

The chances that such a military action will happen by the end of this month stood at 48%, while the likelihood of a strike by March 31 was 65% at the time of writing.

Nearly $9 million has been wagered on the outcome. The market resolves to “Yes” if the U.S. initiates a drone, missile or air strike on Iranian territory, including its…

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