Tag: Cryptocurrencies
Fed Drops Crypto Bank Oversight, Signaling Regulatory Thaw
Reading time: < 1 minuteThe Federal Reserve is disbanding its dedicated crypto banking supervision program, a move likely to ease compliance burdens for financial institutions exploring digital assets.
PPI Surprise Sparks $1B Crypto Liquidation Wave—But Rate-Cut Bets Hold
Reading time: < 1 minuteA stronger-than-expected Producer Price Index (PPI) rattled crypto markets, leading to $1 billion in liquidations as Bitcoin slid 2%+ and Ethereum dipped.
Pantera Capital’s $300M Crypto Treasury Portfolio Unveiled
Reading time: < 1 minutePantera Capital has disclosed $300 million+ in investments across digital asset treasury (DAT) companies—public entities holding crypto reserves.
From Crypto King to Convicted Felon: Do Kwon’s Dramatic Fall
Reading time: < 1 minuteDo Kwon, whose TerraUSD project promised financial revolution, will plead guilty to fraud charges after his algorithmic creation spectacularly collapsed in 2022, taking $40 billion of investor money with it.
401(k) Crypto Approval Sparks $1.57B Inflow Wave, Reversing Early Outflows
Reading time: < 1 minuteA US regulatory shift allowing digital assets in retirement plans helped crypto funds recover from $1B in early-week outflows, ending with $572M in net inflows.
White House Crypto Chief Bo Hines Steps Down
Reading time: < 1 minuteBo Hines, leader of the White House’s crypto advisory council, is leaving his post, per journalist Eleanor Terrett. Deputy Patrick Witt will reportedly take over.
SEC vs. Ripple Appeals Dismissed, 2023 Ruling Stands as Final
Reading time: < 1 minuteThe Second Circuit Court of Appeals has dismissed the SEC’s appeal and Ripple’s cross-appeal in the high-profile XRP case, finalizing Judge Analisa Torres’ 2023 ruling.
Trump’s New Order Expands 401(k) Investment Options to Include Crypto
Reading time: < 1 minutePresident Donald Trump’s latest executive order, signed Thursday, could reshape retirement investing by enabling 401(k) plans to offer cryptocurrencies and other alternative assets.
China Warns Crypto-Powered Iris Scans Could Be Used for Espionage
Reading time: < 1 minuteChina has escalated its warnings against cryptocurrency-linked biometric data collection, suggesting it could be exploited for foreign intelligence operations.
Trump Readies Executive Order to Investigate Crypto Debanking
Reading time: < 1 minutePresident Donald Trump could sign an executive order as soon as this week launching a federal probe into claims that banks unfairly cut off crypto firms and conservative organizations.
