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#Crypto

1864 articles

Court closes Custodia fight with Federal Reserve just as Fed opens master-account door

Court closes Custodia fight with Federal Reserve just as Fed opens master-account door

Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court battle with the Fed concludes in a loss.

Crypto Biz: Circle stock defies Wall Street and digital asset selloff

Crypto Biz: Circle stock defies Wall Street and digital asset selloff

The USDC issuer's stock is soaring despite a market selloff as stablecoins expand into traditional finance. Meanwhile, Canaan boosts BTC reserves and Wells Fargo eyes crypto services.

Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

The company is taking a broad look at crypto-native firms that could generate interest on Wall Street.

'Gold is not a store of value anymore' — Mike McGlone predicts a 2008-like setup

'Gold is not a store of value anymore' — Mike McGlone predicts a 2008-like setup

According to the Bloomberg Intelligence strategist, the oil shock and rising volatility across commodities and crypto may foreshadow a broader correction in equities.

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

Six North Korean individuals and two entities were hit with U.S. sanctions over an alleged crypto-fueled fraud scheme targeting U.S. firms.

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Surging to a near one-month high of $74,000, bitcoin reversed back to just above $71,000 as news of U.S. military movements in the Middle East rattled risk assets.

One mysterious investor made $2.5 million profit in hours by betting big on the latest Trump gala news

One mysterious investor made $2.5 million profit in hours by betting big on the latest Trump gala news

A dormant crypto whale just bet $7 million on the Trump memecoin after a new Mar-a-Lago gala was announced, sparking a 60% rally for the struggling token.

MoonPay introduces Ledger-secured AI crypto agents to address wallet key risks

MoonPay introduces Ledger-secured AI crypto agents to address wallet key risks

The feature allows users to verify and sign every transaction generated by an AI agent using a Ledger hardware device, ensuring private keys never leave the hardware signer.

Stablecoins, bitcoin could reshape finance, Stanley Druckenmiller says

Stablecoins, bitcoin could reshape finance, Stanley Druckenmiller says

The billionaire investor said stablecoins could become the whole payment system in 10-15 years, and reiterated that crypto might replace the U.S. dollar as the global reserve currency.

Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks

Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks

Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.

Dubai’s Token2049, TON Crypto Conferences Canceled as Iran Conflict Rages On

Dubai’s Token2049, TON Crypto Conferences Canceled as Iran Conflict Rages On

A pair of planned Dubai conferences, Token2049 and TON Connect, have been pulled from the calendar amid Middle East unrest.