Cryptocurrency

Capital requirements for banks from by the Basel Committee on Banking Supervision (BCBS), which crafts banking standards, create a “chokepoint,” designed to throttle the growth of the crypto industry, according to Chris Perkins, president of investment firm CoinFund.The current...

Ethereum ( ETH) approaches its all-time high price as investor preference shifts decisively in its favor against bitcoin, according to a new report by Cryptoquant. However, researchers say and early indicators suggest rising selling pressure could challenge its rally....

Key TakeawaysThe Fed confirmed that the “novel activities supervision programme” will be shut down. The framework was created in August 2023 to monitor banks offering services such as deposits, payments, and lending to crypto firms and fintech companies. In a significant...

Crypto exchange Gemini filed an updated registration statement for its initial public offering effort, sharing a few more details in its push to become a publicly traded firm. Goldman Sachs (GS), Citigroup (C), Morgan Stanley (MS) and Cantor acting...

Ethereum is holding firmly above the $4,400 level after recently reaching $4,792, just shy of its 2021 all-time high. The world’s second-largest cryptocurrency has seen weeks of massive gains, driven by strong institutional interest, shrinking supply on exchanges, and...

Key TakeawaysAccording to the filing, 3AC had pledged assets such as Grayscale Bitcoin Trust shares as collateral for the loansGenesis points out that DCG has already transferred over $100 million under the terms of the note, Leading Venture Capital firm...

Gemini Space Station, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss, has filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker...

Key takeaways:Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase.Strategic reserves and ETF holdings have jumped by 140% since May 1.ETH’s $4,200 support is critical, with $1.2 billion in longs at risk if...

Markets are still recovering from Thursday’s bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional Investors Remain Bullish Bitcoin dipped below $117K on Friday, as markets floundered in the wake...

The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks' crypto ties, instead folding that task back to its day-to-day...