FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals
The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed institutions from the digital assets sector as they waited for approvals that never came. The FDIC, which...
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Solana-based MonkeDAO acquires zBTC as a Bitcoin reserve
MonkeDAO, a community-owned non-fungible token project on Solana, has announced it’s become the first decentralized autonomous organization to adopt a Bitcoin reserve. Solana (SOL)-based MonkeDAO announced on March 28 that it had adopted a Bitcoin (BTC) reserve in its strategy…...
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Here’s why the Ethereum price is crashing and its forecast
Ethereum price crashed by over 6% on Friday, continuing a downtrend that started on March 24 when it peaked at $2,105. Ethereum (ETH) dropped to a low of $1,880, its lowest level since March 18. It has now erased most…...
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CoreWeave Stock Debuts at $39 After Selling Shares for $40 A Piece
Shares of CoreWeave (CRWV) opened at $39 apiece during the company’s debut on Nasdaq on Friday afternoon, just under its initial public offering which closed Thursday evening. The cloud computing firm had sold roughly 37.5 million shares at $40 each, raising about $1.5 billion for its initial public offering...
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Price analysis 3/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected. Traders are divided about...
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Bitcoin Crashes Below $84,000, But Here’s Why Experts Expect ‘Stronger Sentiment’ Soon
Bitcoin‘s (CRYPTO: BTC) price action may soon escape its current consolidation phase, analysts say, as several key catalysts—ranging from regulatory shifts to evolving U.S. crypto policy—signal a potential breakout. What Happened: While inflation concerns have postponed rate cut expectations, BTC’s resilience amid macro uncertainty is reviving investor confidence. Bitcoin...
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‘Turning the page’: FDIC clarifies says banks can engage in crypto-related activities
The Federal Deposit Insurance Corporation has issued new guidance allowing FDIC-supervised institutions to engage in permissible crypto-related activities without prior agency approval. This marks a reversal from previous policies that were seen as restrictive toward banks working with crypto firms.…...
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Wild Swings Hit These Meme Coins After Surprise Binance Listings: Details
TL;DR Binance added trading services with four trending meme coins. The involved assets experienced enhanced volatility, and surprisingly, some of them headed south. The Massive Volatility The world’s largest cryptocurrency exchange frequently amends its services to offer enhanced user experience and respond to the latest market trends. Most recently,...
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Crypto Card Firm Baanx Partners With Circle for Rewards Wallet
Baanx, a cryptocurrency debit card enabler for the likes of MetaMask and 1inch, has introduced a rewards wallet combining on-chain finance with traditional loyalty perks and discounts, using underlying technology from Circle, the provider of the USDC stablecoin. Built on Circle’s programmable wallet tech, the Baanx platform allows crypto...
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Inflation Fears Spark Risk-Off Sentiment As Magnificent 7 Drop: What’s Driving Markets Friday?
Markets faltered on Friday, with Wall Street reeling as investors hurried to shed risk in the face of mounting inflation and tariff uncertainties. The S&P 500 fell 2.1% by 1:30 p.m. trading in New York, on track to end the week with losses. The tech-heavy Nasdaq 100 tumbled 2.6%,...
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