Tag: News

Federal Reserve Chairman Jerome Powell on Tuesday said that the central bank could soon reach a point where its long-running program to reduce the balance sheet size would need to end. Yet, BTC continues to trade in the red with derivatives pointing to persistent bearish sentiment. “Our long-stated plan...

California’s Governor recently approved a law to include crypto assets in the state’s Unclaimed Property Law (UPL) to preserve unclaimed digital assets in their original form and prevent automatic liquidation or cash conversions. California To Protect Unclaimed Crypto Assets California Governor Gavin Newsom signed Senate Bill 822 (SB822) into...

A significant movement of Ripple’s XRP token by large-scale investors to the Binance exchange throughout October coincided with a steep price drop for the digital asset. Data from the first two weeks of the month shows that whale activity shifted from a period of calm in September to aggressive...

Prosecutors in the United States have charged Cambodia’s Prince Group with wire fraud and money laundering conspiracy, after seizing over $14 billion worth of Bitcoin as part of one of the biggest financial takedowns in history. Cambodia’s Prince Group is…...

Washington’s latest retirement push could send fresh 401(k) money toward Bitcoin sooner than expected. House Republicans on Tuesday introduced the Retirement Investment Choice Act, a bill that would turn President Donald Trump’s August executive order into law.  The proposal formally opens the door for retirement plans to include “alternative...

The United States has exposed a massive forced-labor and cyber-fraud network operating out of Cambodia, seizing nearly $15Bn in Bitcoin now held in federal custody.  The unprecedented case raises a new question: could these funds eventually become part of Washington’s Strategic Bitcoin Reserve? JUST IN: US Government seizes $15...

The U.S. government is preparing to add around 127,271 bitcoin, valued at roughly $14.2 billion, into what it now calls a Strategic Bitcoin Reserve. During a joint operation with UK authorities, these coins were confiscated in connection with a massive crypto fraud operation led by Chen Zhi, a Chinese...

Nigel Farage is stepping into the UK crypto conversation with a bold pitch that looks a lot like something out of Donald Trump’s playbook. He wants the country to hold a £5 billion bitcoin reserve, using coins already seized by the government. He’s also pushing for a 10 percent flat...

US spot Bitcoin and Ether ETFs reversed course with fresh inflows after a wave of outflows following the recent market meltdown....

Heavy deleveraging across derivatives markets drags XRP lower before buyers defend the $2.40 zone, setting up a key support retest heading into Asia trading. News Background XRP traded sharply lower through the October 14–15 session as macro pressure and broad crypto deleveraging sent open interest down 50% to $4.22...