Tennessee Senate Committee To Weigh State Bitcoin Reserve Next Week

Tennessee lawmakers will take a fresh look at a proposal to create a state Bitcoin reserve when the Senate Finance, Ways, and Means Committee hears SB 2639 next Tuesday, April 21.

The “Tennessee Strategic Bitcoin Reserve Act” would direct the state to hold Bitcoin as part of its reserve assets, positioning Tennessee as a cryptocurrency policy leader.

The Senate bill, sponsored by Sen. Kerry Roberts, has advanced from the Senate Commerce and Labor Committee and now moves to the powerful Finance panel, which oversees tax and spending measures. Its House companion, HB 1695 from Rep. Jody Barrett, has stalled in the Finance, Ways, and Means Subcommittee after being placed behind…

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Dogecoin Up 3%: What Happens Next?

Dogecoin (CRYPTO: DOGE) is up 3%, retesting the $0.098 resistance zone where yesterday’s breakout attempt failed as Polymarket traders see 78% odds on a move toward $0.10 in April.

The Failed Breakout

DOGE had a clear fakeout yesterday as it attempted to break out of a descending triangle on the 12-hour chart. 

The descending trendline held firm as resistance, immediately rejecting the price.

The market rarely revisits a fakeout level without intent. DOGE has returned to retest the $0.098 resistance zone—the exact level where price was rejected from the descending channel trendline.

The Decision Zone

The daily chart reflects a falling channel in place since October 2025, with price…

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Charles Schwab Rolls Out BTC, ETH Trading—A Threat To Coinbase, Robinhood? – Charles Schwab (NYSE:SCHW)

The Phased Launch

Schwab Crypto will be introduced in phases over the coming weeks, confirming a previously stated timeline for a second-quarter launch. 

Clients will be able to trade Bitcoin and Ethereum through dedicated crypto accounts linked to their traditional Schwab brokerage accounts.

Access to spot trading is a big step up from Schwab’s previous offerings of indirect crypto exposure via exchange-traded funds and derivatives. Schwab will charge 75 basis points per transaction.

Charles Schwab will offer the crypto accounts through its Premier Bank and act as custodian, while Paxos will handle trade execution.

The Early Constraints

The platform will disable digital asset deposits and…

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Clarity Act Is Moving Along Well, JP Morgan Analysts Say – JPMorgan Chase (NYSE:JPM)

Key Issues In Focus

The CLARITY Act is designed to define how cryptocurrencies are regulated in U.S., including how authority is split between the SEC and the CFTC. It also aims to establish clearer rules for stablecoins and decentralized finance platforms, CoinDesk reported on Thursday.

According to JPMorgan’s analysis, ongoing discussions are centered on two major areas: DeFi oversight and how digital tokens should be classified under existing financial laws.

A particularly contentious issue is whether stablecoin issuers or related platforms should be allowed to offer yield-like rewards.

Traditional banks oppose the idea, warning it could blur the line between stablecoins and bank…

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Steak ’n Shake Teases “Bitcoin Milkshake” For Bitcoin Conference 2026 

Steak ‘n Shake plans to open Bitcoin Conference 2026 with a themed “Bitcoin Milkshake,” deepening a broader pivot that now spans payments, treasury strategy, and employee compensation in Bitcoin. The limited-time drink presumably will debut on April 27, across participating locations as the chain positions itself as the fast-food brand most aligned with Bitcoin culture.

The company teased the “Bitcoin Milkshake” on X and “new plans”, calling the milkshake the best way to start Bitcoin Conference 2026 and featuring branding tailored to conference attendees and Bitcoin fans. The rollout targets visitors heading to the annual gathering and regular customers who already…

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Bitcoin ETFs Surge As Morgan Stanley Crosses $100M And Goldman Sachs Joins The Race

Morgan Stanley Beats WisdomTree In Week One

The fund charges a 0.14% expense ratio, the cheapest in the category.

Morgan Stanley’s wealth management network oversees trillions in client assets, giving MSBT direct distribution to investors. 

However, the fund remains far smaller than BlackRock’s (NYSE:BLK) IBIT, which holds $53 billion in assets.

Goldman Files Premium Income Product

Goldman Sachs filed for a Bitcoin Premium Income ETF on Tuesday. The fund will buy Bitcoin ETPs and sell call options to generate income.

The options overwrite strategy could outperform in modest or falling markets but lag during rapid price appreciation. 

Bloomberg ETF analyst Eric Balchunas called the filing…

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Charles Schwab To Launch Spot Bitcoin Trading For Retail Clients

Charles Schwab announced further details and plans in their attempt to launch direct spot bitcoin trading through its new platform, Schwab Crypto™, signaling a major step by one of the country’s largest brokerage firms into the digital asset market. 

The feature will roll out in phases over the coming weeks and will allow retail clients to buy and sell bitcoin and ethereum through existing Schwab platforms, the bank said. 

The move gives millions of Schwab clients the ability to trade bitcoin alongside traditional holdings such as stocks, ETFs, and mutual funds. Clients will access Schwab Crypto through Charles Schwab Premier Bank, SSB, which will act as custodian for the…

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XRP Surges 5% As ETF Inflows Hit $17M: What’s Going On?

XRP (CRYPTO: XRP) is up 5% on the day and 7.5% over the past week as spot ETFs recorded $17.11 million in net inflows on April 15, the highest single-day figure in almost two months.

The ETF Surge

ETF demand began picking up on April 14 with $11.20 million in inflows, forming the strongest two-day run since January.

Total net assets have crossed back above the $1.02 billion milestone, and cumulative inflows now stand at $1.25 billion.

Bitwise’s XRP ETF led April 15 with $6.23 million, followed by 21Shares at $5.43 million and Franklin Templeton at $5.30 million. Canary Capital saw a slight inflow of $148,130.

The inflows continued to surge this week amid bullish developments such as Ripple…

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Crypto Talks Are Approaching The Final Stretch: JPMorgan

Lawmakers in Washington are closing in on a final agreement for the Digital Asset Market Clarity Act, a bill that would establish a comprehensive framework for crypto regulation in the United States, according to reporting from CoinDesk citing JPMorgan sources.

The bank said negotiations have entered a late stage, with most disputes resolved and only a small set of issues still under discussion. One senior policy official said that the list of contentious topics has narrowed from about a dozen to just two or three, signaling a shift toward consensus after years of debate.

At the center of the legislation is a long-standing question over how to divide oversight of digital assets…

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Circle CEO Flags ‘Tremendous Opportunity’ For Yuan Stablecoin – Circle Internet Group (NYSE:CRCL)

The Yuan Play

“There’s a tremendous opportunity for a yuan stablecoin,” Allaire said in an interview in Hong Kong. 

“If there’s currency competition, you want your currency to have the best features possible. This is becoming a technological competition,” he added.

Reuters reported last August that China was considering a yuan-backed stablecoin to boost adoption of its currency globally. 

Such a move would mark a major shift in China’s approach toward digital assets after the country banned cryptocurrency trading and mining in 2021.

The Iran War Bump

Circle recorded several billion dollars in USDC (CRYPTO: USDC) transaction growth following the outbreak of the U.S.-Iran war as…

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