The US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities.”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide
Bitcoin has climbed by over 10% in the past week. Amidst improving sentiment, one exchange, in particular, is seeing an increase in its share of BTC reserves.Binance has reaffirmed its place as the dominant force in Bitcoin custody.Binance’s Growing
Anton Siluanov, the Russian Finance Minister, has announced that the Finance Ministry and the Central Bank of Russia will launch a crypto exchange for highly qualified investors. The announcement came at an extended board meeting. Just last September
The US Securities and Exchange Commission (SEC) crypto task force, headed by Hester Peirce, has continued meeting with digital asset company representatives as the agency explores regulatory changes.In an April 24 notice, the SEC task force disclosed
Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant's global network of founders.According to the program website, crypto companies and
Banking giant Citigroup hinted in a new report released Thursday that blockchain might be on the cusp of having its "ChatGPT moment" this year in part due to stablecoin adoption. The bank predicts that the total stablecoin market cap could increase b
Chainlink (LINK) cryptocurrency has witnessed significant token flows off exchanges just recently. Over $120 million of LINK tokens have been taken off trading platforms within the last 30 days, reports blockchain analysis company IntoTheBlock.Invest
Basketball legend Shaquille O'Neal and FTX customers have reached a settlement agreement years after starring in a commercial for the now bankrupt crypto exchange. O'Neal and the plaintiffs reached an "amicable proposed resolution," according to a co
Theo, a provider of onchain trading infrastructure, has raised $20 million from 17 investors to enhance its institutional-grade trading platform aimed at retail investors.The funding round was co-led by Hack VC and Anthos Capital, with additional par
Eugene William Austin Jr., also known as Hugh Austin, was sentenced to 18 years in prison and three years of supervised release for orchestrating a tag-team cryptocurrency investment scam that defrauded more than two dozen victims of $12 million.Aust
Key points:Bitcoin is setting up a showdown with leveraged shorts immediately above its yearly open price.That key level near $93,500 is the main target for traders hoping that will cement its latest breakout.The next support retest could involve $8
The Open Network Foundation has named MoonPay co-founder Maximilian Crown as its new chief executive officer, the organization announced Thursday.Crown's appointment comes as the TON ecosystem has also been experiencing slowed growth in terms of dail
Russia’s finance ministry and central bank are reportedly planning to launch a crypto exchange for qualified investors under an experimental legal regime.The platform will be aimed at “super-qualified investors,” Finance Minister Anton Siluanov said
An event by IOTA is happening with experts discussing staking, validators, and the Mainnet launch. This attracts attention as talks about new tech and launches often create buzz. If IOTA shares strong updates, it might increase buying interest in the
US federal prosecutors have asked a district judge to sentence Avraham “Avi” Eisenberg, the crypto user convicted of the $110 million exploit of the decentralized exchange Mango Markets in 2022, to at least six and a half years behind bars.Ahead of E
The Russian Central Bank and the Finance Ministry have teamed up to launch a local cryptocurrency exchange aimed exclusively at the country’s “super-qualified investors.” As reported by local news outlet RBC, the exchange will operate under an experi
SOL Strategies, an investment firm listed on the Canadian Securities Exchange, has secured a $500 million convertible note facility to buy more Solana, adding fuel to the growing institutional interest in the cryptocurrency.Following the announcement
Ethereum price started a fresh surge above the $1,750 resistance. ETH is now consolidating gains and might attempt to clear the $1,840 resistance.Ethereum started a fresh rally above the $1,750 zone.The price is trading above $1,720 and the 100-hourl
Bitcoin has shown resilience compared to the broader financial market amid macroeconomic uncertainty, but analysts caution it’s still too early to know whether the trend will last.“We’re not quite there yet, but if Bitcoin holds strength through the
On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important.Bitcoin Is Now Back Above The Short-Term Holder Realized PriceIn a new post on X, the on-chain