The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to shut down Operation Chokepoint 2.0 — the prolonged crackdown restricting crypto firms’
Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors. The outflows indicate in
Bitcoin rebounded 4% on March 7 as markets shook off disappointment over the US Strategic Bitcoin Reserve.Data from Cointelegraph Markets Pro and TradingView showed recovering from local lows of $84,713 on Bitstamp.These came as US President Donald
The US government currently holds around 198,109 Bitcoin worth $17.7 billion, according to data from blockchain analytics firm Arkham Intelligence, a stash that it built mainly through seizures and forfeitures in criminal cases.A portion of that Bitc
The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten.“I think there’s more than 50% chance we will see
The developer of SafeWallet has released a post-mortem report detailing the cybersecurity exploit that led to the $1.4 billion hack against Bybit in February.According to a forensic analysis conducted by SafeWallet and cybersecurity firm Mandiant, th
On March 4, Ethereum’s native token, Ether , dropped to a new yearly low of $1,996, marking the altcoin’s lowest value since November 2023. In that 24-hour period, roughly $100 million in Ethereum positions were liquidated, with ETH futures open inte
Turkish law firm GlobalB is challenging the country’s ban on crypto payments in a hearing scheduled for May 28, according to Sima Baktaş, the firm’s founding partner.Although Turkey’s citizens are allowed to buy, hold and trade crypto, the use of the
Something feels off with this crypto market cycle, and if you’re wondering why altcoins aren’t performing as expected, you’re not alone. Historically, altseason — when altcoins outperform Bitcoin — has been a key phase in every major bull run, but th
An anonymous cryptocurrency trader has accumulated almost $68 million in unrealized profit by shorting Ether amid its recent price decline.According to blockchain data from Hypurrscan, the trader opened a 50x leveraged short position when Ether (ETH)
Animoca Brands reported $314 million in bookings for 2024, marking a 12% year-over-year increase.Bookings is a term commonly used in the gaming sector to represent the sum of revenue and deferred revenue. It includes all payments received and potenti
Bybit confirmed it was behind a proposal requesting that decentralized finance (DeFi) protocol ParaSwap return fees earned from swaps conducted by the Lazarus Group using digital assets stolen from the exchange.On March 4, a proposal was posted on Pa
Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company.In a March 5 statement, the Au
Bitcoin’s latest pullback amid broader macroeconomic uncertainty may not see it rebound to its January $109,000 all-time high (ATH) as quickly as some hope, an analyst says.“We should assume that we are in the pullback phase after the ATH and will li
Iris Ramaya Au, the former girlfriend of admitted crypto fraudster Adam Iza, dubbed “The Godfather,” has agreed to plead guilty to a federal criminal tax charge.Au pled guilty to a single count of giving a false tax return “for failing to report more
A US state securities regulator is set to propose a strategy to protect Americans from a surge in digital asset fraud driven by increasingly sophisticated artificial intelligence tools.Claire McHenry, Nebraska Department of Banking and Finance (NDBF)
Turkish digital bank BankPozitif is set to launch cryptocurrency custody services in collaboration with Swiss crypto platform Taurus, making it the latest financial institution in Turkey to embrace digital assets.On March 4, BankPozitif announced a s
US Congresspeople Ritchie Torres and Tom Emmer are forming a “Congressional Crypto Caucus” with the goal of advancing crypto-friendly policies in the US House of Representatives. Torres announced the news via his X account on March 3.The Congressiona
Bitcoin price plunged from $93,700 to $89,250 in under an hour on March 3, wiping out half of the previous day’s gains. The drop likely triggered panic among traders as S&P 500 index futures fell 1% following China’s announcement of retaliatory meas
US President Donald Trump’s plans for a strategic cryptocurrency reserve are good news for the industry, but they are no substitute for clearer regulation, Patrick Young, go-to-market lead at Web3 app Galxe, told Cointelegraph on March 3. In a March