Crypto firms offered concessions on stablecoins, including reserve-sharing with banks, to ease tensions blocking a major digital asset bill. The crypto industry has reportedly proposed sharing stablecoin reserves with community lenders as it steps up efforts to win over skeptical banks. The move aims to preserve the stalled crypto market structure bill that could…
U.S. markets edged lower Thursday as a sharp selloff in cryptocurrencies spilled into software and commodity names, with Bitcoin sliding 9% to around $66,000—its lowest level since October 2024. Summary 21-week EMA is weakening, signaling loss of bullish trend structure 200-week EMA is being tested, a critical long-term support level $60,000–$54,000 zone is key, with…
Crypto firms are pushing new compromises on stablecoins to win over skeptical banks and keep the crypto market structure legislation alive. New proposals under private negotiations indicate that community banks could take on a larger role in the stablecoin system, from holding part of issuers’ reserves to issuing their own stablecoins through partnerships, Bloomberg reported Thursday, citing…
It has been four months of pain. When Bitcoin broke $126,000 in early October, everyone thought the digital gold was ready to fly as high as $150,000. For a brief moment, it appeared so, until October 10 happened. Since then, not only have bears been pressing on, but they are having a field day. The…
Following the January DOJ disclosures, Swissblock economist Henrik Zeberg said anyone visiting Epstein’s island after 2008 has a moral compass that is broken. Blockstream CEO Adam Back responded to renewed attention around the company after newly unsealed Jeffrey Epstein documents emerged as part of a large US Department of Justice disclosure. In a public…
MSTR stock price continued its recent downtrend on Monday as volatility in the crypto market remained. Summary MSTR stock price continued its strong downward trend this week. MicroStrategy continued its Bitcoin accumulation strategy. Technical analysis suggests that MSTR may crash to $100 soon. MicroStrategy dropped to $136, down by 75% from its all-time high. It…
Bitcoin has fallen to the 12th-largest asset globally by market capitalization, slipping behind Tesla in the rankings, according to CompaniesMarketCap. The digital asset’s price tumbled to $81,000 earlier today and continued to fall as trading progressed. At the time of writing, BTC was hovering around $77,300, down 8% over the past 24 hours, TradingView data…
The quantum computing threat to Bitcoin has been moving from “distant” and “eventually” to “possibly within a planning horizon.” The real question here is, could cryptography timelines compress faster than the industry expects? Analysts and market commentary continues to frame the issue as one of preparedness rather than panic obviously. But it is safe to…
The SEC and CFTC have relaunched Project Crypto to provide clear, coordinated regulation for the growing U.S. digital asset industry. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have relaunched Project Crypto in a coordinated effort to provide regulatory clarity for the digital asset industry. The initiative is…
London-based subscription platform OnlyFans is reportedly negotiating the sale of a 60% stake to California private equity firm Architect Capital. Summary OnlyFans is reportedly selling a 60% stake. Fenix International, OnlyFans’ parent company, invested about $19.9 million in Ethereum during 2021–2022. By November 2022, falling crypto prices caused an $8.45 million impairment; whether the company…
