Market
Maxine Waters Pushes for Stablecoin Regulation With New Bill

On February 10, Maxine Waters, the representative for California’s 43rd Congressional District, introduced an initial discussion draft. The unnamed bill seeks to establish a regulatory framework for stablecoin issuers in the US.
It follows extensive bipartisan negotiations and technical guidance from the Treasury Department and the Federal Reserve.
Maxine Waters Pushes For Stablecoin Regulation
The proposed bill outlines a licensing and regulatory framework for payment stablecoin issuers. It details the criteria for both nonbank and bank issuers. A central feature is the Federal Reserve’s role in supervising stablecoin issuers. This ensures strict compliance with the proposed regulations.
The bill mandates that stablecoin issuers back their coins one-to-one with reserves. This includes US currency, insured deposits, short-term Treasury bills, or repurchase agreements backed by Treasury securities.
It also prohibits any unauthorized individual or entity from issuing a payment stablecoin in the US. Violators would face significant penalties.
“Be fined not more than $1,000,000 for each such violation; (ii) imprisoned for not more than 5 years; or (iii) be fined as described in clause (i) and imprisoned as described in clause (ii),” the bill read.
In addition to regulatory oversight, the bill includes provisions designed to strengthen consumer protection. It prevents non-financial companies from owning stablecoin issuers, ensuring the separation of banking and commerce.
The proposal also mandates strict compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws. Therefore, it subjects issuers to US sanctions laws.
Additionally, it bans individuals convicted of certain crimes, such as Sam Bankman-Fried, from holding executive positions or significant shares in stablecoin issuers.
The Federal Reserve would be granted enforcement authority. At the same time, existing regulators, including the Treasury Department, the Consumer Financial Protection Bureau (CFPB), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC), would maintain oversight over activities related to stablecoins, wallet providers, exchanges, and intermediaries.
This bill is crafted with input from both Republican and Democratic congressional staff. Moreover, it is seen as a bipartisan effort to create a balanced, effective framework for stablecoin regulation.
“This draft bill fosters innovation, while properly addressing and prioritizing concerns I have long held about safeguarding our nation’s consumers from scams that have plagued the crypto industry,” said Congresswoman Waters.
Waters’ announcement followed a release by Republicans French Hill and Bryan Steil. The representatives introduced their version of a payment stablecoin bill just days earlier. The proposed bill is titled STABLE Act of 2025.
Meanwhile, efforts to regulate stablecoins are also underway in the Senate. On February 4, Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
Besides the bills, on February 7, CFTC Acting Chair Caroline Pham announced a CEO Forum with a key focus on stablecoin regulations. The forum will bring together major crypto companies to discuss and propose new policies for stablecoins and tokenized non-cash collateral.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader

Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.
Analyst Predicts New XRP Price Target To $110
In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value.
Related Reading
Firstly, Egrag Crypto outlines XRP’s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase.
In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency.

Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.
For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3’s price high. This correction would mark a 65% drop from Wave 3’s peak, bringing the cryptocurrency’s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4.
Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.
Bollinger Bands Creator Says The Asset To Become Leader
In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles.
Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com
Market
Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why


- US Bitcoin ETFs collectively manage $115 billion in assets
- Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion
- Bitcoin’s decline continues as selling pressure intensifies
Even as Bitcoin’s price has tumbled 25% since the start of 2025, a staggering 95% of investors in US spot Bitcoin ETFs have held firm, resisting the urge to sell.
Despite market volatility and macroeconomic uncertainties, Bloomberg data suggests that the overwhelming majority of ETF holders remain unfazed, showcasing strong conviction in Bitcoin’s long-term potential.
Bitcoin ETFs show resilience
Bloomberg ETF strategist James Seyffart reported that inflows into Bitcoin ETFs have slightly declined to $35 billion, down from their $40 billion peak.
However, this still represents over 95% of investor capital remaining in ETFs, even as Bitcoin’s price struggles.
Institutional investors, including Goldman Sachs, continue to maintain significant exposure, with more than $1.5 billion invested in Bitcoin ETFs.
As of now, US Bitcoin ETFs collectively manage $115 billion in assets, underscoring the staying power of both retail and institutional investors despite the crypto market downturn.
Bitcoin ETF outflows persist
Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion.
On March 13 alone, outflows reached $135 million, according to Farside Investors.
However, BlackRock’s iShares Bitcoin Trust (IBIT) remains an exception, attracting net inflows of $45.7 million amid the broader sell-off.
Bitcoin price faces pressure
Bitcoin’s decline continues as selling pressure intensifies due to macroeconomic concerns, including the Trump administration’s ongoing tariff battle.
While BTC briefly surged above $84,000 following the release of US CPI data on Wednesday, it failed to hold above key resistance levels.
At press time, Bitcoin is trading at $81,953, down 1.56% on the day, with daily trading volume dropping 22% to under $30 billion.
According to Coinglass data, 24-hour liquidations have spiked to $75 million, with $52 million in long positions being wiped out.
CryptoQuant CEO Ki Young Ju noted that Bitcoin demand appears “stuck” at current levels but emphasized that it is still “too early to call it a bear market.”
Long-term Bitcoin holders continue accumulating
Despite Bitcoin ETF outflows, on-chain data reveals that long-term holders are accumulating more BTC.
Crypto analyst Ali Martinez reported that these investors have added over 131,000 BTC to their wallets in the past month alone, signaling confidence in Bitcoin’s long-term trajectory.
With Bitcoin’s price volatility and ETF outflows persisting, the coming weeks could be crucial in determining whether investors’ diamond hands will hold firm or if selling pressure will intensify.
Market
Bitcoin Price Steadies—Is a Meaningful Bounce on the Horizon?

Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Bitcoin price started a recovery wave above the $80,500 zone. BTC is now rising and might aim for a move above the $84,000 and $85,000 levels.
- Bitcoin started a decent recovery wave above the $81,000 zone.
- The price is trading above $81,500 and the 100 hourly Simple moving average.
- There was a break below a short-term bullish trend line with support at $83,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could start another increase if it clears the $82,500 and $84,000 levels.
Bitcoin Price Eyes Steady Increase
Bitcoin price remained stable above the $78,000 level. BTC formed a base and recently started a recovery wave above the $80,500 resistance level.
The bulls pushed the price above the $82,000 resistance level. However, the bears were active near the $84,000 resistance zone. A high was formed at $84,200 and the price corrected some gains. There was a move below the $83,000 level.
The price dipped below the 50% Fib retracement level of the upward move from the $76,818 swing low to the $84,200 high. Besides, there was a break below a short-term bullish trend line with support at $83,000 on the hourly chart of the BTC/USD pair.
Bitcoin price is now trading above $81,200 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $82,450 level. The first key resistance is near the $84,000 level. The next key resistance could be $85,000.

A close above the $85,000 resistance might send the price further higher. In the stated case, the price could rise and test the $86,500 resistance level. Any more gains might send the price toward the $88,000 level or even $96,200.
Another Drop In BTC?
If Bitcoin fails to rise above the $82,450 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $80,500 level. The first major support is near the $79,600 level or the 61.8% Fib retracement level of the upward move from the $76,818 swing low to the $84,200 high.
The next support is now near the $78,500 zone. Any more losses might send the price toward the $77,000 support in the near term. The main support sits at $76,500.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $80,500, followed by $79,600.
Major Resistance Levels – $82,450 and $84,000.
-
Altcoin19 hours ago
21Shares To Liquidate Bitcoin and Ethereum Futures ETFs, Here’s All
-
Altcoin19 hours ago
21Shares To Liquidate Bitcoin and Ethereum Futures ETFs, Here’s All
-
Market18 hours ago
XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader
-
Altcoin18 hours ago
Analyst Sets $100 As “Realistic” Target For XRP Price In This Bull Run
-
Bitcoin24 hours ago
Bitcoin Open Interest Climbs 13% From Recent Low — Bull Run Restart?
-
Altcoin22 hours ago
Can Cardano Price Reach $1 As Whales Gobble 130 Million ADA?
-
Altcoin9 hours ago
BTC Rebounds Ahead of FOMC, Macro Heat Over?
-
Regulation24 hours ago
Coinbase Chief Legal Officer Criticizes The FDIC’s Response To FOIA Request