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Every single bank will soon have digital assets, says Zodia CEO Julian Sawyer

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Julian Sawyer, CEO of Zodia Custody, described Standard Chartered’s ongoing acquisition of the firm as a “major validation” that highlights a growing reality in mainstream finance: legacy banks cannot build institutional-grade digital asset custody securely or efficiently without proper software. Instead of treating crypto as an isolated sector, Sawyer noted that the industry is reaching […]

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Rare physical bitcoin worth $1.78 million will be paid out after 12 years

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A physical bitcoin BTC$66,803.93 from the legendary 2011-2013 Casascius coin had its hologram seal removed on Wednesday and the 25 BTC stored inside, worth $1.70 million at current prices, was transferred to a new wallet. Casascius coins were physical tokens created by software engineer Mike Caldwell in denominations of 0.5, 1, 5, 10, 25, 100

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ETF flows, not Strategy sales, remain key bitcoin driver: Citi

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Strategy’s (MSTR) latest bitcoin BTC$66,877.15 The sale has had an overall impact on market sentiment, but Wall Street bank Citi does not see the move as a change to the company’s long-term strategy. The bank said the sale was expected after Strategi signaled plans to divest certain tax-deferred bitcoin holdings during the first-quarter earnings call

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BTC rebounds from overnight lows to $65,000 but remains under pressure

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Floating around social media is the idea that it is Iran, not the selling of Michael Saylor’s strategy, that is behind much of this week’s price crash. Last week, Finance Minister Scott Bessent announced that more than $1 billion of Iranian crypto assets (not bitcoin) had been frozen. And then yesterday, the US announced sanctions

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Bitcoin falls to lowest Power Law valuation zone since FTX collapse

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After briefly dipping below $66,000 on Wednesday, bitcoin BTC$66,924.57 is trading near the bottom of the Power Law Corridor, a level that has historically come shortly before rebounds in the price of the largest cryptocurrency. The model, popularized by physicist Giovanni Santostasi and refined by Porkopolis Economics, plots bitcoin’s price against time on a logarithmic

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Bitcoin (BTC) price RSI momentum gauge suggests recovery. Experts Remain Cautious: Crypto Daily

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Bitcoin BTC$67,235.42 and the broader crypto market steadied Wednesday from Tuesday’s slide after Strategy ( MSTR ), the largest publicly traded bitcoin holder, sold a small portion of its stashes and spot ETFs extended a record number of net outflows. The cryptocurrency’s 14-day RSI has dipped below 30, a textbook oversold reading. The indicator measures

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BTC holds back losses but remains trapped as crypto-stock divergence widens

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Bitcoin BTC$66,924.57 recovered 0.7% on Wednesday but remains at a crucial crossroads after falling 9.5% since Sunday. The major cryptocurrency recently traded near $67,000, stuck in the middle of a range that lasted between February and April after a failed breakout attempt above $81,000 last month. If bitcoin falls below $60,000, it will likely trigger

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Banks’ survey says people don’t want to rock the boat if stablecoin yields risk lending

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US bank lobbyists unveiled a survey to back their campaign against US stablecoins returning dividends to their users, trying to bolster their ongoing dispute with results indicating that 57% of people believe Congress should stop crypto firms from offering anything resembling bank interest on stablecoins if it could harm community lending. The American Bankers Association,

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