The post Tokenization Hearing Confirmed, CLARITY Act Stablecoin Deal Done “In Principle”: Big Week for Crypto appeared first on Coinpedia Fintech News

Two things happened in Washington this week that the crypto industry has been waiting years for and they arrived at the same time.

The House Financial Services Committee has scheduled a hearing titled “Tokenization and the Future of Securities: Modernizing Our Capital Markets” for Wednesday, March 25, 2026 at 10AM EST. Blockchain Association CEO Summer Mersinger is among the confirmed witnesses.

The hearing, first reported by Fox Business journalist Eleanor Terrett on X, will bring together lawmakers and industry voices to formally examine how tokenization fits into the future of US financial markets.

It is one of the most significant Congressional hearings on tokenization to date and it lands in the same week the CLARITY Act’s most stubborn obstacle was removed.

The Stablecoin Standoff Is Over – Almost

Senators Thom Tillis and Angela Alsobrooks announced they have reached an “agreement in principle” on stablecoin yield, the provision that had blocked the Digital Asset Market Clarity Act from advancing for months. Banks had argued that allowing stablecoin platforms to offer rewards on token holdings would draw deposits away from traditional banking. That argument is now, at least in principle, resolved.

Senator Alsobrooks told Politico: “We’ve come a long way. And I think what it will do is to allow us to protect innovation, but also gives us the opportunity to prevent widespread deposit flight.”

Senator Tillis, while cautious, said he feels “like we’re in a good place,” adding that he still plans to review the details with industry stakeholders before moving forward.

Also Read: The Worst Week for Gold in 43 Years Just Made the Strongest Case for Bitcoin

The Window Is Narrow

With the stablecoin yield compromise in place, the Senate Banking Committee markup is now targeted for the second half of April – likely the weeks beginning April 13 or April 20 following the Easter recess.

Senator Bernie Moreno has been direct about the stakes: if the bill does not pass by May, digital asset legislation may not move again for the foreseeable future. Senate floor time is under pressure from unrelated priorities, including the Republican voter-ID bill and ongoing developments around the Iran conflict.

Issues around DeFi treatment, ethics provisions, and a potential attachment of community bank deregulation to the bill still require resolution before a broad bipartisan vote becomes possible.

This development follows the SEC and CFTC’s landmark joint classification of 16 crypto assets as digital commodities earlier this week, the most significant US crypto regulatory action in a decade, reinforcing a pattern of accelerating policy momentum in Washington.

The tokenization hearing on March 25 and the CLARITY Act’s path toward an April markup represent back-to-back milestones. Whether the legislative window holds is the only question left.

The post “Gambling With a Timer”: James Wynn Returns to Hyperliquid With a 40x Bitcoin Short appeared first on Coinpedia Fintech News

James Wynn is back on Hyperliquid. The trader who turned $4 million into $87 million, then lost nearly all of it, has returned to the platform that made him infamous, this time with $3,911 scraped together from referral rewards and a 40x short on Bitcoin sitting $415 away from liquidation.

Bitcoin is currently trading at $70,697. His liquidation price is $71,112.

A History Worth Knowing

For those unfamiliar with Wynn, the backstory matters. By May 2025, he had built one of the largest publicly visible leveraged positions in crypto history – a $1.25 billion long on Bitcoin using 40x leverage on Hyperliquid. The position unraveled as prices dropped, resulting in losses exceeding $100 million. He ended the month with $23 in his account.

Before deactivating his X account, he changed his bio to a single word: “broke.”

He has since returned to Hyperliquid multiple times, depositing fresh capital and repeating the same pattern of high-leverage trades, each ending in liquidation.

Also Read: Ethereum News: Crypto Whale Loses $74M Longing ETH, Left With Just $8.5K on Hyperliquid

What He Just Did

On-chain analytics platform LookOnChain flagged the latest move on X. Wynn’s wallet – tracked publicly at 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6 on Hypurrscan – shows he claimed a referral reward of $1,654 USDC, deposited $3,911 USDC into Hyperliquid, and opened a 40x short on 2.69 BTC worth approximately $190,000. His liquidation price stands at $71,112.48

Gordon, founder of Crypto Crib, responded bluntly: “James Wynn is back after managing to claim $1,654 in referral rewards. Awful trader, no wonder he is BROKE.”

The reaction from the broader community was similarly unsympathetic.

Trader Joe, known as SelfSuccessSaga on X, wrote: “This is exactly how overleverage wrecks people every cycle. 40x short isn’t trading, that’s straight up gambling with a timer. One squeeze and that whole position gets wiped in seconds flat.”

The Numbers Don’t Lie

With Bitcoin at $70,697 at the time of writing and his liquidation price at $71,112, Wynn’s position requires Bitcoin to fall meaningfully to generate any profit. A move of just $415 to the upside wipes out his entire deposit.

The crypto community has watched this pattern play out before. The only question is whether this time ends differently or whether Hyperliquid’s on-chain data logs another liquidation under the wallet address the community has been tracking since May 2025.

Also Read: The Worst Week for Gold in 43 Years Just Made the Strongest Case for Bitcoin

The post The Worst Week for Gold in 43 Years Just Made the Strongest Case for Bitcoin appeared first on Coinpedia Fintech News

Gold is trading at $4,491 this week, down 10.52% – its worst weekly performance since 1982 -despite a backdrop that would historically have driven the precious metal sharply higher. A war is ongoing in the Middle East, oil refineries are under attack, three US warships are deployed, and inflation is rising.

In every prior cycle where these conditions converged, gold has served as the primary safe haven. This time, it has not.

Why Gold Crashed When It Shouldn’t Have

According to the analysis page Bull Theory, three simultaneous mechanical forces drove the selloff rather than any change in gold’s underlying fundamentals. The US dollar surged on safe haven flows, making gold more expensive for buyers outside the United States. Commodity funds sold gold positions to cover losses from oil margin calls generated by the volatile energy market. And the CME raised gold margin requirements, forcing leveraged positions into liquidation.

The result was a paper market flush that had little to do with gold’s actual value proposition and everything to do with the infrastructure that surrounds it.

Bull Theory drew a direct historical parallel: the last time gold posted a comparable weekly loss was 1982, when the Federal Reserve was hiking rates to 20% to crush inflation – conditions that were fundamentally bearish for gold.

Within 12 months of that 1982 crash, gold had rallied 50%.

Bitcoin’s Divergence Is Becoming Difficult to Ignore

While gold suffered its worst week in over four decades, Bitcoin closed the same period down just 0.14%, currently trading at $70,563.

Coinbureau CEO Nic highlighted the contrast on X, noting that Bitcoin has outperformed gold for three consecutive weeks, that the asset is sitting at a bullish MACD crossover that has preceded multiple significant rallies historically, and that the RSI has recovered from oversold levels, signalling a return of upside momentum.

Also Read: World Gold Council’s “Gold as a Service” Plan: What It Means for Tether Gold (XAUT) & PAXG

Saylor’s Thesis Might Be Playing Out

Michael Saylor added his view on Friday: “Bitcoin’s a solution to everyone’s problem. Go buy the Bitcoin and wait because hundreds of trillions of dollars of capital from all around the world are going to flow into cyberspace to the Bitcoin network.”

MICHAEL SAYLOR: “Bitcoin’s a solution to everyone’s problem.”

“Go buy the Bitcoin and wait because hundreds of trillions of dollars of capital from all around the world are going to flow into cyberspace to the Bitcoin network.” pic.twitter.com/qJ77ROGkid

— Simply Bitcoin (@SimplyBitcoin) March 20, 2026

Crypto analyst SightBringer expanded on that argument, writing that Bitcoin represents the destination for capital that is trying to escape institutions compromised by “politics, dilution, leverage, seizure risk, or counterparty fragility” – the very forces that drove this week’s gold liquidation.

The week’s events did not disprove gold’s long-term case. What they demonstrated, however, is that gold’s digital infrastructure remains exposed to the same systemic pressures it is supposed to hedge against, while Bitcoin’s position outside that infrastructure continues to look structurally different.

The post The Biggest Crypto Regulatory Win in a Decade Failed to Boost Bitcoin – Why? appeared first on Coinpedia Fintech News

Bitcoin is trading at $70,538 on Friday, down 2.68% on the week, as a hawkish Federal Reserve decision overwhelmed what analysts are calling the most significant regulatory development in United States crypto history.

The Crucial Ruling You Should Know

On March 17, the SEC and CFTC issued a joint 68-page interpretive release classifying 16 major crypto assets – including Bitcoin, Ethereum, Solana, and XRP – as digital commodities under federal law. The ruling ends more than a decade of jurisdictional uncertainty that had kept institutional capital cautious on digital assets.

SEC Chairman Paul Atkins stated: “After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the Commission treats crypto assets under federal securities laws. This is what regulatory agencies are supposed to do: draw clear lines in clear terms.”

CFTC Chairman Michael Selig added: “For far too long, American builders, innovators, and entrepreneurs have awaited clear guidance. With today’s interpretation, the wait is over.”

• Also Read :
•   While You Were Panic Selling, Pantera Capital Was Watching These 4 Crypto Trends
•   ,

When Macro Overrides Everything

The positive regulatory signal was short-lived. On March 19, the Federal Reserve held rates steady at 3.50-3.75% while upgrading its 2026 inflation forecasts, reinforcing expectations that rate cuts remain distant. Futures markets are now pricing in only one rate cut for all of 2026.

The crypto market responded sharply. Total market capitalisation dropped to $2.42 trillion, with more than $142 million in Bitcoin long positions liquidated within a single trading day.

Intergovernmental blockchain advisor Anndy Lian, who has closely tracked the convergence of macro forces on digital asset markets, noted that cryptocurrency prices are now showing a 92% correlation with gold – a sign that digital assets are increasingly functioning as inflation hedges rather than high-growth technology investments.

Lian observed that this new identity offers little protection when both assets are facing pressure from the same macroeconomic forces at the same time.

Middle East tensions compounded the picture. Disruptions threatening the Strait of Hormuz drove energy price volatility, contributing to the Fed’s more cautious inflation outlook. West Texas Intermediate crude pulled back 1.7% to $93.95 per barrel, offering some relief to Asian markets, while European equities faced steeper losses with the STOXX 600 falling 0.7%.

What Happens at $70,000

Bitcoin’s immediate outlook depends on its ability to defend the $69,000–$70,000 support zone. A breakdown at that level, combined with further strength in the US Dollar Index, could push total crypto market capitalisation toward $2.3 trillion.

The next Federal Open Market Committee meeting is scheduled for April 28–29, which represents the market’s next major macro catalyst.

The SEC-CFTC ruling establishes a foundation for broader institutional participation in crypto markets. Whether that structural positive can assert itself over near-term macro pressure remains the central question heading into the second quarter.

FAQs

The post World Gold Council’s “Gold as a Service” Plan: What It Means for Tether Gold (XAUT) & PAXG appeared first on Coinpedia Fintech News

Gold is trading at $4,691 today. The tokenized gold market has surpassed $5.5 billion. And the same organization that built the world’s largest gold ETF just proposed the most ambitious overhaul of digital gold infrastructure ever attempted.

The $163 Billion Question

The World Gold Council helped launch SPDR Gold Shares (GLD) in 2004. That fund now sits at $163 billion. Tether Gold (XAUT) and Pax Gold (PAXG) – the two dominant tokenized gold products in crypto – together hold close to $5 billion. The gap between those two numbers is the entire argument for why “Gold as a Service” exists.

On March 19, WGC published a white paper co-authored with Boston Consulting Group proposing shared backend infrastructure for the tokenized gold market – standardizing custody, compliance, audits, and redemption across all issuers. This could be the rails that everything else runs on.

What Changes And What Doesn’t

Right now, Tether and Paxos each built their own custody moats from scratch. Tether stores XAUT reserves in a Swiss vault. Paxos uses London vaults via Brink’s. Both operate in silos. The result: low fungibility, fragmented liquidity, and a trust barrier that keeps everyday investors out.

WGC’s Global Head of Market Structure Mike Oswin put it plainly – think Intel Inside. A visible standard that tells you exactly what you’re getting before you buy.

BCG’s Matthias Tauber framed the stakes directly: “The question is no longer whether gold will be digital; it’s how it can participate in modern financial systems without compromising physical integrity.”

• Also Read :
•   Bitcoin vs Gold vs S&P 500: Is Gold Really Beating Bitcoin on Returns?
•   ,

Bybit Moved the Same Day

On the exact day the white paper dropped, Bybit launched a yield-bearing tokenized gold product letting users earn interest on Tether Gold. Gold sitting in a vault earns nothing. That’s always been its weakness against stablecoins. Bybit’s move, and WGC’s paper, are both answering the same question at the same time.

With oil surging and markets rattled by the Iran conflict, gold’s role as a safe haven is being tested in real time. The WGC’s bet is that the next chapter of that role gets written on-chain.

No implementation timeline has been disclosed. The proposal is still conceptual and depends on industry-wide adoption. But for XAUT and PAXG holders, the message is clear: the institution that made gold mainstream once before is coming for the tokenized gold market next.

Whether it gets there is the only thing left to watch.

FAQs