Bitcoin BTC cooled off during U.S. trading hours Monday after nearly topping $123,000 earlier in the session, but market top calls are premature, analysts said. BTC slipped below $120,000 late in the U.S. day, shedding most of its overnight advance, but holding
When Congress established the Securities and Exchange Commission in 1934, it was responding to myriad failures of an antiquated financial system. The regulatory architecture that emerged provided the foundation for nearly a century of American financial dominance. Today, Congress faces a comparable
The Federal Reserve and other U.S. banking agencies issued another statement on the proper handling of crypto assets on Monday, outlining the appropriate policies that need to be followed for banks engaging in the “safekeeping” of customers’ digital assets. The statement sent
Vanguard, the $10 trillion asset manager known in crypto circles for blocking client access to bitcoin ETFs, has emerged as the largest institutional shareholder of Strategy (MSTR), a company whose business model is built around buying and holding bitcoin. According to Bloomberg,
Three different crypto bills could potentially pass through the House of Representatives in the next few days: the GENIUS Act, the Clarity Act, and the Anti-CBDC Act. The “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” (GENIUS) Act would set
The crypto market is splitting in two. Institutional and retail investors are taking increasingly different paths, with institutional players anchoring themselves in bitcoin BTC and Ethereum’s ether ETH while retail investors pour into altcoins and memecoins, according to a mid-year report from
Internet Computer (ICP) showed signs of resilience in a turbulent 24-hour window, climbing as high as $5.6781 before consolidating just below the $5.50 mark. Despite late-session selling, the token remains poised for potential recovery amid ongoing volatility. Starting July 13 at 17:00
The U.S. House of Representatives’ so-called Crypto Week is steaming toward mid-week votes on two foundational pieces of legislation that would push the industry’s status forward significantly in the U.S., including what amounts to a final congressional action on regulating stablecoins. While
After nearly ten years in crypto, I’ve watched hundreds of projects promise to revolutionize everything from banking to art. Yet these revolutions have largely failed to materialize. The issue isn’t technology. It’s that we’ve been building solutions looking for problems, rather than
Native token of decentralized finance (DeFi) lending platform Aave AAVE surged to its strongest price in several months on Monday The bluechip DeFi token topped $330 during the session before cooling off at $316, gaining 8% over the weekend. The rally came