Strategy Executive Chairman Michael Saylor has said that quantum computing is not a threat to Bitcoin at the moment and called the narrative FUD. He further said that any meaningful danger would still be more than a decade away. The Strategy executive chairman also attributed the price limit of Bitcoin to restricted access to bank […]

The Federal Reserve has advanced its proposal to end crypto debanking by starting a 2-month comment period on a proposed rule on bank supervision. This is the strongest move yet in a policy change that crypto supporters claim will put Operation Chokepoint 2.0 to rest. Federal Reserve Seeks Public Feedback to End Operation Chokepoint 2.0 […]

LUNC News: Terraform Labs bankruptcy administrator has filed a lawsuit against quant trading firm Jane Street, alleging insider trading and front-running that contributed to the 2022 Terra-LUNA crisis. The case expands the list of entities including Jump Trading sued for the TerraUSD (UST) algorithmic stablecoin depeg that erased $40 billion in market value and contributed […]

Crypto.com has become the latest crypto firm to secure a confidential approval from the OCC for its National bank trust charter. The exchange joins Ripple and Circle on the list of companies, while Trump’s World Liberty awaits amid the probe into its application. OCC Grants Conditional Approval to Crypto.com for a Bank Charter The crypto […]

The Ethereum Foundation on Tuesday said it has officially started in-house staking and plans to stake 70,000 ETH in the coming weeks as part of its treasury policy. This sparks massive buying in the derivatives markets as open interest bounces. Ethereum Foundation Stakes 2016 ETH The Ethereum Foundation has begun staking a portion of its […]

XRP price retreated to $1.33 as Clarity Act approval odds dropped to 53%, raising concerns among traders. The XRP continued its weekly decline moving below the critical level of support of $1.40, indicating the increasing bearish pressure. Broader market sentiment weakened as the crypto sector declined 3.24% to $2.19 trillion over the past 24-hours. This […]

Crypto market crash deepens as Bitcoin, Ethereum, XRP, BNB, Solana, Cardano and other altcoins extend losses. Traders and TradFi focus on AI-disruption fears, trade war, and US-Iran geopolitical tensions. Crypto market cap plunges another 3% to hit a 2-year low of $2.18 trillion. Bitcoin price tumbled to $62,709 today, now officially down 50% from its […]

A Stablecoin payment firm in Hong Kong, RedotPay, is reportedly set for its initial public offering (IPO) in the United States. The firm is hoping to raise $1 billing through this offering. RedotPay Eyes U.S Investors in $1B IPO Bid According to Bloomberg, the stablecoin payment company is considering an initial public offering in the […]

The Hong Kong-based crypto exchange, HashKey, has announced a new tool for its institutional investors, which will help them with the issuance of real-world assets, also known as RWAs. The announcement comes at a time when demand for tokenization is on the rise. HashKey Debuts RWA Issuance Tool for Institutions The Hong Kong-based crypto exchange, […]