Awaiting Powell: Crypto Daybook Americas
Cryptocurrency markets experienced an upswing on Monday, largely fueled by expectations of a potential rate cut from the U.S. Federal Reserve, which has heightened overall risk appetite. Bitcoin saw a notable increase of 3% over the past day, inching closer to the $92,000 mark. In the same vein, the CoinDesk 20 and CoinDesk 80 indexes […]
Texas Bank Shifts to Become a Lender for Crypto Infrastructure
A Texas Small Lender’s Big Shift Toward Crypto A small bank in Texas, Mone Bank, has recently grabbed attention in both the crypto sector and political circles. With assets below $6 billion, the bank has undergone two rebrands this year, now positioning itself as an “infrastructure bank” focused on cryptocurrencies. This shift stands out mainly […]
Married millennials, brace yourselves for the crypto divorce risk.
Divorce and Cryptocurrencies: Navigating Asset Division Divorce often brings up the tricky issue of how to split shared assets. In many situations, it’s a straightforward process. However, when it comes to beloved pets or aquariums, things get complicated. Now, add cryptocurrencies to the mix, and the situation can become quite convoluted. With many households still […]
From a 2600% increase to an 86% loss, the leading crypto trade has fallen apart.
Stock Market Turnaround: From Hype to Hurdles (Bloomberg) — What began as an exhilarating trade in the stock market shifted dramatically, transforming into a disappointing outcome within a few months. A number of publicly traded companies believed they had uncovered a revolutionary strategy. They invested their cash into Bitcoin and other digital currencies, resulting in […]
Crypto traders might receive a temporary chance for forgiveness
Consideration of Crypto Amnesty in Pakistan • Binance indicates that Pakistani users engage in over $250 billion in cryptocurrency trades each year. • Around 17.5 million Pakistanis are registered on the platform, collectively holding $5 billion in digital assets. • Local banks express security and compliance concerns regarding cryptocurrency usage. ISLAMABAD: The government announced on […]
Indiana Legislator Advocates for Bitcoin in Retirement Funds and Safeguards for Crypto Payments
Simply put An Indiana lawmaker has proposed a bill focused on cryptocurrencies. State-managed retirement funds would need to provide some exposure. Local governments won’t be able to restrict cryptocurrency use in payments. On Thursday, Indiana lawmakers put forward a bill aimed at broadening access to digital assets for residents while also preventing local governments from […]
Spot crypto trading guided by U.S. CFTC set to launch, creating a new regulated space
CFTC Guides New Cryptocurrency Trading Framework The U.S. Commodity Futures Trading Commission (CFTC) has introduced a new guideline that will, for the first time, allow regulated platforms to launch leveraged spot cryptocurrency products. This move is set to take effect next week at Bitnomial Exchange. Bitnomial, which operates under the supervision of the U.S. Derivatives […]
Risk Heats Up: Huge Crypto Liquidation Wave Hits Traders Overnight
Surge in Cryptocurrency Liquidations Signals Increased Leverage Use The recent spike in cryptocurrency liquidations hints at a broader trend: many traders have been leaning more on leverage in recent months. A report from Glassnode and Fasanara indicates that the average daily amount of liquidations has surged. Long positions, for example, saw liquidations jumping from around […]
How a $12 Trillion Charles Schwab Move into Crypto Might Impact US Crypto Exchanges
Schwab’s Cryptocurrency Trading Plans Signal Industry Shift Charles Schwab is gearing up to launch spot cryptocurrency trading in 2026, marking a significant milestone for a major U.S. brokerage firm. The firm manages over $12 trillion in assets and intends to introduce trading for Bitcoin and Ethereum across its platforms after completing some internal tests and […]
Kraken to Purchase Backed Finance, a Tokenization Platform, as Crypto Exchange Continues Its Buying Trend
Simply put Kraken, the cryptocurrency exchange, has acquired Backed Finance, a platform specializing in tokenized assets. This marks one of several acquisitions by Kraken this year. The company has plans to go public soon. Kraken, the U.S.-based cryptocurrency exchange, announced on Tuesday its acquisition of Backed Finance AG, which aims to further enhance tokenization efforts. […]