OCC: Banks Can Buy and Sell Their Customers’ Crypto Assets Held in Custody
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties.
Fed Stagflation Risk Signal Could Be Bullish for Bitcoin, Analyst Says
Holding rates steady, the U.S. central bank took note of the possibility of higher inflation and unemployment.
Bitcoin Hits Critical Mass—Morgan Stanley Flags It As Reserve-Grade
Bitcoin could be getting closer to having a place at the government table. Morgan Stanley states that the world’s largest cryptocurrency is now large enough to be held as a reserve asset by the United States. The bank cited Bitcoin’s $1.07 trillion market capitalization as one of the reasons why the notion is no longer […]
Trump Crypto Advisor David Bailey In Talks to Launch Bitcoin Investment Company: The Information
Bailey, who advised President Donald Trump on crypto policy during his 2024 presidential campaign, is reportedly raising $300 million to buy bitcoin.
Robinhood Developing Blockchain-Based Program To Trade U.S. Securities in Europe: Bloomberg
The brokerage firm is reportedly considering Arbitrum, Ethereum and Solana for the new platform.
The Protocol: Ethereum’s Pectra Upgrade Finally Goes Live
Also: Bitcoin Devs Debate OP_RETURN, World Network Launches in U.S., and Aztec Testnet Launches
Strive Asset Management to Go Public, Launch Bitcoin Treasury Strategy With Merger
The combined company plans to stockpile Bitcoin and offer tax-free equity swaps to accredited holders.
Fed Holds Rates Steady, Says Risks of Higher Unemployment, Higher Inflation Have Risen
All eyes will now turn to Fed Chair Jerome Powell's post-meeting press conference for further clues about the central bank's thinking on monetary policy.
Bitwise Forecasts XRP To Hit $29.32 By 2030 In ‘Max Case’ Scenario
Bitwise Asset Management’s latest 32-page study, The Investment Case for XRP, applies a capital-asset-pricing-style framework to the embattled payments token and concludes that, under its most optimistic assumptions, it could trade at $29.32 by 2030. The figure is the output of what the authors label the “Max Case”, in which the token “secures a modest […]
Bitcoin Retailers Retreat? Small Wallet Addresses Decline Sharply As Market Turns Volatile
The general crypto market has turned volatile, with Bitcoin, the largest digital asset, experiencing bearish movements as it falls below the key $95,000 price mark. Presently, BTC is gradually picking up steam, pushing prices close to $97,000. However, the recent waning price performance has hindered investors’ sentiment as a large portion of BTC small holders […]