US Federal Deposit Insurance Corp. has rolled out the first official draft rules stemming from the new law governing stablecoin issuers, with the board voting on Tuesday to open a 60-day public comment period on its system for handling applications from its regulated banks seeking to issue stablecoins from subsidiaries. The agency — led by […]
US FDIC Proposes First US Stablecoin Rule Coming Out of GENIUS Act Read More »
Cryptocurrencies stabilized after Monday’s sharp sell-off in bitcoin BTC$87,755.51 jumped above $87,000 in the early US session on Tuesday. The largest crypto rose about 3% from overnight lows, while ether ETH$2,956.64 underperformed by only 1.4 per cent. Altcoin majors including BNB GDP$875.71, XRP$1.9429, SUI$1.5235 showed relative strength, rising 3% to 6% overnight. Crypto-related stocks also
What’s next for the bitcoin price (BTC) after a small bounce to $87,000 Read More »
Tyler Williams, a former Galaxy Digital regulatory attorney, is the key crypto adviser to President Donald Trump’s Treasury Department, putting him in the mix for a number of policy goals Trump had laid out earlier this year. This feature is part of CoinDesk’s The list of most influential 2025. Williams — an experienced hand in
Most Influential: Tyler Williams Read More »
Fewer people in the UK are holding crypto this year than last, while the “typical value of investors” rose, a report by the country’s financial watchdog has found. The drop means the number of people who own crypto fell from around 7 million last year to around 4.5 million this year. But awareness of cryptocurrencies
UK crypto ownership falls to 8% as average holding rises, FCA says Read More »
The US labor market appears to have continued to soften in recent months as the government pulled in reports that had been delayed by the shutdown in DC Nonfarm payrolls rose by 64,000 in November, according to a Tuesday morning report from the Bureau of Labor Statistics. The economist’s estimate had been a job growth
Modest overnight gain retreats after jobs data Read More »
Filecoin FILE$1.2498 fell 4.2% to $1.28 on Tuesday amid significant volatility as traders drove sharp reversals amid a broader market decline, according to CoinDesk Research’s technical analysis model. The model showed that the decentralized storage token established a bearish price trend with $0.08 range representing 6.3% volatility. Volume was 12.75% above the seven-day average according
Filecoin (FIL) falls on above-average volume, dips below $1.30 support amid wider slide Read More »
Wyoming-based crypto bank Custodia filed a new petition in its long-running legal battle against the Federal Reserve over access to a master account, requesting a rehearing en banc before the full Tenth Circuit Court of Appeals. Custodia Bank is asking the court to reconsider its October ruling that sided with the Fed in denying the
Custodia Asks Full Court of Appeals to Reconsider Denial of Fed Master Account Read More »
US mocks bitcoin BTC$87,096.74 and ether ETH$2,954.05 exchange-traded funds lost a combined $582 million in net outflows on Monday, the most since Nov. 20, as crypto markets tumbled, sending bitcoin to as low as $85,100. Bitcoin ETFs recorded $357.6 million in outflows, the most in nearly two weeks, with ether ETFs seeing $224.8 million exits
US BTC and ETH ETFs see biggest outflows since November 20th Read More »
Please MD ( NAKA ), a healthcare and bitcoin financial company, faces delisting from the Nasdaq exchange after its share price failed to meet minimum listing requirements. The stock has closed below $1 for 30 consecutive trading days, and the company has until June 8 to lift it above that level for 10 consecutive days
Crypto markets saw a sharp leverage reset over the past 24 hours, with more than $584 million in positions liquidated as heavily skewed long positioning was forced out amid thin liquidity and fragile risk sentiment. Bitcoin and major altcoins fell throughout US trading hours as macro uncertainty continued to weigh on risk assets. Many crypto-related
$500 million lost to liquidations in recent plunge Read More »
