Sui price rebounds 10% as tBTC goes live and ETF prospects solidify
SUI’s price surged alongside $2.8 billion in daily volume, a sign that investors are responding to real developments, from Bitcoin-native lending protocols to the SEC’s ETF review window. On July 14, Sui (SUI) jumped more than 10% in 24 hours,…...
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EXCLUSIVE: DeFi Development Issues First Outlook, Targets 1.0 SPS By 2028 (UPDATED)
Editor’s Note: The story ahs been updated to include post-split accounting in para 6 DeFi Development Corp (NASDAQ:DFDV) stock gained on Monday after it issued its first forward-looking guidance on Solana (CRYPTO: SOL/USD) per Share (SPS), the company’s primary performance metric. DeFi Development outlined a medium-term objective of reaching 1.0...
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Bitcoin Market Top Is ‘Nowhere Near,’ Say Analysts as Price Pauses at $120K
Bitcoin BTC cooled off during U.S. trading hours Monday after nearly topping $123,000 earlier in the session, but market top calls are premature, analysts said. BTC slipped below $120,000 late in the U.S. day, shedding most of its overnight advance, but holding on to a modest 0.6% gain over...
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Institutional Buying Drives Bitcoin Price To ATHs, But The Real Stakeholders Will Shock You
Corporate adoption has continued to spark a rally for the Bitcoin price, which recently surged to new all-time highs (ATHs). According to a Blockware report, this BTC adoption is likely to increase in the second half of this year, but not necessarily among popular companies. Institutions Drive The Bitcoin...
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Bhutan Dumps Bitcoin? $173M Sent to Binance in Days
As the largest cryptocurrency heads into uncharted territory, the South Asian Monarchy seems to be preparing to capitalize on the gains made over the past several days. The country has experienced stable economic growth over the years and has also become one of the few nations to include digital...
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Federal Reserve, FDIC and OCC clarify crypto custody rules for banks
U.S. banking regulators have issued a statement clarifying the rules around cryptocurrency safekeeping, or custody, by banking organizations. The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the…...
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Federal Reserve clears US banks to custody crypto assets including Bitcoin
US banks can now offer crypto custody services following new Federal Reserve guidance, opening doors for institutional adoption. The post Federal Reserve clears US banks to custody crypto assets including Bitcoin appeared first on Crypto Briefing....
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It’s Crypto Week. Congress Can Future-Proof the U.S. Financial System: Summer Mersinger
When Congress established the Securities and Exchange Commission in 1934, it was responding to myriad failures of an antiquated financial system. The regulatory architecture that emerged provided the foundation for nearly a century of American financial dominance. Today, Congress faces a comparable moment: the opportunity to modernize America’s financial...
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Bitcoin, Ethereum, XRP Hold Gains But ‘Volatility Is Incoming’
Cryptocurrency markets are consolidating after Bitcoin made a new all-time high above $123,000 on Monday morning. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $119,811.89 Ethereum (CRYPTO: ETH) $2,991.12 Solana (CRYPTO: SOL) $163.18 XRP (CRYPTO: XRP) $2.92 Dogecoin (CRYPTO: DOGE) $0.1981 Shiba Inu (CRYPTO: SHIB) $0.00001326 Notable Statistics: IntoTheBlock data shows...
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U.S. Banking Regulators Issue Crypto ‘Safekeeping’ Statement, Not Pushing New Policy
The Federal Reserve and other U.S. banking agencies issued another statement on the proper handling of crypto assets on Monday, outlining the appropriate policies that need to be followed for banks engaging in the “safekeeping” of customers’ digital assets. The statement sent out from the Fed, Federal Deposit Insurance...
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