Tag: News

Fed Ends Specialized Crypto Bank Oversight, Folding It Into Normal Supervision

The Federal Reserve has announced it will sunset a targeted crypto and fintech oversight program established during the Biden administration and absorb its functions into routine bank supervision. The initiative, launched in 2023 via a “novel activities” supervision program, was specifically designed to monitor banks’ involvement in digital assets...
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Hyperliquid primed for breakout as price targets new all-time high

Hyperliquid ’s bullish market structure remains intact, with price consolidating just below its $49.86 all-time high. Strong support at $42.24 and rising volume signal the potential for a breakout into price discovery. Hyperliquid (hype) has shown remarkable resilience, maintaining its…...
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U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

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 oversight work. The central bank established its short-lived Novel Activities...
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Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins. A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements. DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark. Price and...
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 XRP poised for $4.19 expansion as bullish structure holds

XRP maintains a bullish market structure despite its current correction, with technical confluences pointing toward a potential rally toward $4.19 once key Fibonacci levels are retested and held. Ripple (XRP) has been consolidating following its all-time high of $3.60, but…...
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OKX cuts OKB supply to 21m in $26b token burn

Most token burns are incremental. OKX went nuclear with the destruction of 93% of OKB’s supply, marking the most radical deflationary move by any major exchange and leaving traders questioning what comes next. According to onchain data captured on August…...
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