Bitcoin neared $63,000 in Saturday trading after the U.S. and Israel launched military strikes on Iran, pushing the largest cryptocurrency down roughly 3% in a matter of hours and extending what had already been a difficult weekend for risk assets.The move brings bitcoin to its… Read More
Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the… Read More
U.S. bitcoin BTC$67,290.12 exchange-traded funds (ETFs) are on track to snap a streak of five consecutive weeks of net outflows with their strongest performance since mid-January. The funds recorded net inflows of $1.1 billion in three straight days, according to data from SoSoValue, leaving them… Read More
The crypto industry’s stablecoin operations, such as the arrangement between issuer Circle and leading exchange Coinbase, could be under serious pressure in the U.S. Office of the Comptroller of the Currency’s newly proposed set of stablecoin rules. Even as OCC chief Jonathan Gould testified in… Read More
Google searches in the U.S. for “bitcoin zero” surged to a record 100 on the company’s relative interest scale in February, coinciding with bitcoin’s BTC$68,383.32 slide toward $60,000 after a 50%-plus drawdown from its October all-time high. The spike could be read as a signal… Read More
Coinbase is expanding its crypto-backed lending product in the U.S. to include XRP, DOGE$0.09765, Cardano’s ADA and LTC$53.27, widening access to a service it has pitched as a way for customers to unlock liquidity without selling their holdings. The product allows users to post crypto… Read More
