Coinbase (COIN) said on Friday it has applied for a national trust charter with the U.S. Office of the Comptroller of the Currency (OCC), a move that would put the firm under federal regulatory oversight if approved. The charter would allow Coinbase to build on its existing custody business by offering services such as payments […]
Tether, the company behind the USDT stablecoin (USDT), is working with crypto miner financing firm Antalpha to raise at least $200 million for a new digital asset treasury for tokenized gold, Bloomberg reported Friday, citing sources familiar with the matter. The planned vehicle would stockpile Tether Gold (XAUT), a blockchain-based token backed by physical gold […]
The native token of oracle network Chainlink (LINK) pulled back slightly on Friday, establishing a higher low, posting a 6.7% gain this week. The price action has been supported by a string of news headlines about institutions and protocols tapping Chainlink’s services. Plasma (XPL) said on Friday it has joined Chainlink Scale, adopting Chainlink’s oracle […]
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) may be entering a decisive phase as macro and crypto-specific forces converge. With the U.S. government shutdown and traditional market indicators like employment reports delayed, traders are leaning into alternative assets, especially bitcoin and gold. BTC climbed to $120,000 after rallying 9% this week, […]
The long-awaited alt season, a bull-market phase characterized by alternative cryptocurrencies (altcoins) outshining bitcoin (BTC), could occur soon, with President Donald Trump considering giving U.S. citizens “tariff dividends” in a move that may spark riskier financial behavior among recipients. “They’re just starting to kick in,” Trump said about the tariffs in an interview with One […]
Bitcoin (BTC) has risen 10% this week as several groups of wallet holders switch from distribution to accumulation for the first time since August. The largest cryptocurrency rose above $121,000 on Thursday, the highest since it hit a record on Aug. 14, CoinDesk data shows. The Accumulation Trend Score, which measures the relative strength of […]
Laser Digital, a subsidiary of the Nomura Group, is planning to expand its crypto offering in Japan, Bloomberg reported on Friday. The Switzerland-based unit is in pre-consultation talks with Japan’s Financial Services Agency (FSA) as it prepares to apply for a crypto trading license to offer services to institutional clients, according to the report citing […]
Dogecoin swung through a 5% range before fading late, with institutional liquidation flows breaking support in the closing session. A defended $0.251 floor and rebound toward $0.264 showed resilience, but a sharp 33M-volume selloff at 03:55 punctured momentum and left price consolidating near $0.261. News Background DOGE traded between $0.251 and $0.264 from Oct. 2, […]
Farside data shows that bitcoin U.S. exchange-traded funds (ETFs) recorded their largest inflow since Sept. 10, with $675.8 million. BlackRock’s iShares Bitcoin Trust (IBIT) captured the majority, taking in $405.5 million, it’s biggest inflow since Aug. 14 and pushing its total net inflows to $61.376 billion. The surge coincided with bitcoin climbing over $119,000, a […]
Thailand’s market regulator says the country is working on expanding its exchange-traded funds (ETFs) plans beyond bitcoin (BTC), Bloomberg reported on Thursday. The country’s Securities and Exchange Commission (SEC) will allow local mutual funds and institutions to issue such funds under rules, SEC secretary-general Pornanong Budsaratragoon said, according to the report, citing an interview on […]
Spanish bank BBVA has partnered with Singapore’s SGX FX to allow retail customers to trade digital assets directly through its platforms. The integration, marking a first for the European market, the companies said on Thursday, will initially support bitcoin and ether, offering 24/7 trading with the same framework BBVA uses for foreign exchange. SGX has […]
Bitcoin’s mining difficulty climbed 5% to a record 150.84 trillion on Wednesday, marking the seventh straight upward adjustment, according to Glassnode. Difficulty, which resets every 2016 blocks (approximately every two weeks), measures how challenging it is for miners to find new blocks and maintains the average block time at around 10 minutes. The increase reflects […]