Business – Page 48

Bitcoin Heads into Holiday Weekend Revealed as ETF and CME Streams Go Offline

Bitcoin is trading uneasily around $66,600 as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action. With CME futures and ETF flows paused over Good Friday, the market is heading into a liquidity gap, just as its most reliable source of support is already weakening. Bitcoin’s $65,000 support is […]

Bitcoin Heads into Holiday Weekend Revealed as ETF and CME Streams Go Offline Read More »

Todd Blanche, author of DOJ’s crypto enforcement memo, now interim AG

Business / Leave a Comment

The US Justice Department will be assisted by Todd Blanche, the deputy attorney general, President Donald Trump announced Thursday, after removing Attorney General Pam Bondi from the post. Blanche represented Trump in his criminal trial in New York ahead of Trump’s re-election as President of the United States in 2024. Trump appointed him Deputy Attorney

Todd Blanche, author of DOJ’s crypto enforcement memo, now interim AG Read More »

BNY investments’ short-term bond strategy tokenized by Bermuda-regulated OpenEden

Business / Leave a Comment

OpenEden has introduced HYBOND, the first tokenized product linked to BNY Investments’ Global Short-Dated High Yield Bond strategy, expanding the scope of institutional investments available on the chain. The new token gives qualified investors 1:1 exposure to a managed portfolio of short-term corporate bonds overseen by BNY Investments, a unit of BNY. The product introduces

BNY investments’ short-term bond strategy tokenized by Bermuda-regulated OpenEden Read More »

Crypto’s wash-trading problem is ‘far more common’ than investors think, DOJ sting shows

Business / Leave a Comment

A US enforcement case against alleged crypto market manipulation puts the spotlight once again on wash trading and the blurred line between market makers and market manipulators. Federal prosecutors in California this week indicted 10 people linked to firms including Gotbit, Vortex, Antier and Contrarian, accusing them of coordinating trades to inflate token prices and

Crypto’s wash-trading problem is ‘far more common’ than investors think, DOJ sting shows Read More »

Release of crypto market structure bill pushed back as industries see revised compromise with stablecoin dividend this week

Business / Leave a Comment

Representatives of the crypto and banking industries will meet with legislative staff on Thursday and Friday to review the revised compromise language on stablecoin dividend provisions in the market structure bill, three people familiar with the plans told CoinDesk. Industry representatives first saw the compromise language, led by Sens. Angela Alsobrooks (D-Md.) and Thom Tillis

Release of crypto market structure bill pushed back as industries see revised compromise with stablecoin dividend this week Read More »

France’s tokenized exchange Lise is ready for the first onchain IPO in Europe

Business / Leave a Comment

France’s Lightning exchange, known as Lise, is preparing to host what could be Europe’s first fully onchain exchange debut, a move that brings tokenization into the initial public offering (IPO) process. The Paris-based exchange, which was approved last year under the EU’s distributed ledger technology (DLT) pilot regime, plans to list French aerospace supplier ST

France’s tokenized exchange Lise is ready for the first onchain IPO in Europe Read More »

Coinbase’s AI payment system joins the Linux Foundation, gathers support from Google, Stripe, AWS and others

Business / Leave a Comment

Coinbase’s AI-focused payment protocol x402 is moving toward becoming an open, standardized infrastructure under the Linux Foundation, the non-profit hub for open source software development. The move aims to create a community-driven ecosystem for high-frequency, micro-transactions that legacy finance cannot effectively handle. The protocol has formed an initial governing body, the x402 Foundation, which includes

Coinbase’s AI payment system joins the Linux Foundation, gathers support from Google, Stripe, AWS and others Read More »

Bitcoin with 80% long-term holder supply, closer to a classic bottom signal

Business / Leave a Comment

The two things most cryptocurrency investors consider is how much lower can bitcoin go BTC$66,862.42 go and how much longer this bear market could last. The price pain aspect has been widely discussed, but the time-based dimension is another question in itself. Price pain refers to sharp moves or volatility that force participants out of

Bitcoin with 80% long-term holder supply, closer to a classic bottom signal Read More »

why connectivity will define the next era

Business / Leave a Comment

In today’s newsletter, Paul Frost-Smith, CEO of Komainu, covers how institutional crypto is converging with traditional finance, but speed can introduce risk if legal and compliance layers are not aligned. Then Sam Boboev of “Fintech Wrap Up” describes in “Ask an Expert” the main coordination risks institutions need to address. Beyond custody: why connectivity will

why connectivity will define the next era Read More »

Here’s why bitcoin’s fall below $68,000 increases the risk of a crash below $60,000

Business / Leave a Comment

President Donald Trump’s renewed aggressive stance toward Iran has pushed bitcoin down about 2% over the past 24 hours to $67,000. While this price action is consistent with routine volatility, the market structure beneath the surface looks fragile. This is mainly due to flows in the Deribit listed options market, specifically a build-up of defensive

Here’s why bitcoin’s fall below $68,000 increases the risk of a crash below $60,000 Read More »