Category: Bitcoin News

Crypto.com is the latest crypto company to apply for a US National Trust Bank Charter, seeking federal approval to expand its custody and staking services nationwide. In a Friday announcement, the Singapore-based crypto exchange said it plans to provide federally regulated custody services for digital asset treasuries, exchange-traded funds (ETFs), and other institutional and corporate clients under the US banking framework overseen by the Office of the Comptroller of the Currency (OCC). A National Trust Bank Charter is a federal license from the OCC that lets a company operate as…

Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash. In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum. Due to…

After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry. On the flip side, European regulators are seeking additional sanctions on Russian cryptocurrency exchanges. From crypto to oil, EU officials are increasingly concerned with Russia evading sanctions over its…

Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets. The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar with the matter. The offering would store clients’ Bitcoin and Ether holdings through a third-party custodian, according to people who spoke to the news outlet. If confirmed, the development could make the two leading cryptocurrencies…

Key takeaways: Ether’s price tests $4,000 as a highly successful trader expects further gains in the ETH price. Traders say ETH is poised for an upside move, citing strong technicals and a declining balance on exchanges. Ether (ETH) held strong in its rebound to $4,000 on Friday as a smart trader increased their ETH upside bet.  ETH/USD four-hour chart. Cointelegraph/Tradingview Top trader opens new ETH long position Data from Cointelegraph Markets Pro and TradingView showed the ETH/USD pair trading at $3,940, after hitting an intraday high of $4,025 on Friday.…

Publicly listed companies are increasingly rebranding as Bitcoin (BTC) treasuries, with holdings now nearing 1.05 million BTC. Private companies have also piled in by adding another 279,185 BTC across at least 68 companies, bringing the total to 1.33 million, or about 6.3% of Bitcoin’s supply. The question now is whether these reserves will sit idle or be put to work. Willem Schroé, founder and CEO of Bitcoin yield network Botanix Labs, believes many won’t.  “There are a lot of people and a lot of private companies that hold Bitcoin looking…