Category: crypto

New York’s financial regulator is advising banks to utilize blockchain analytics to manage risks related to virtual currency, including money laundering and sanctions violations. Superintendent Adrienne Harris recommended screening customer wallets, monitoring crypto activity, and updating compliance frameworks regularly. The guidance aims to safeguard against threats like terrorist financing and sanctions evasion.

Bitcoin surpassed $117,000, its highest level since August, as traders await the Federal Reserve’s interest rate decision. Market expectations of an easier monetary policy have boosted momentum. Bullish sentiment on social media and stablecoin flows into exchanges indicate readiness to capitalize on market moves. However, caution is advised as markets may move against retail consensus.…

Metaplanet, a Tokyo-listed Bitcoin treasury firm, is expanding its operations after a successful $1.4 billion capital raise. It has established a US subsidiary, Metaplanet Income Corp., and a Tokyo subsidiary, Bitcoin Japan Inc. The company aims to increase revenue streams and become the second-largest corporate holder of Bitcoin.

A recent survey by EY-Parthenon found that a majority of financial institutions and corporations not currently using stablecoins plan to deploy them within the next six to twelve months. The main reasons cited for adoption are reduced transaction costs and faster cross-border payments. USDC and USDT are the most popular stablecoins among current users. Regulatory…

The US Treasury Department OFAC sanctioned two Iranian nationals, Alireza Derakhshan and Arash Estaki Alivand, for orchestrating crypto transactions to help Tehran sell oil in defiance of international restrictions. They used front companies to obscure funds for Iran’s oil-for-crypto trade, providing support to the IRGC-QF military branch. Their transactions are now banned under Executive Order…

US-listed Bitcoin ETFs have experienced a significant increase in inflows, totaling nearly $2.9 billion over a seven-day period. This marks a return of investor confidence after a previous selloff in August. Bitcoin ETFs are now absorbing more capital than new Bitcoin supply, with institutional conviction and regulatory clarity driving this trend.

The SEC and Gemini reached a settlement to resolve a lawsuit over the Gemini Earn program, pending Commission approval. The settlement may impact Gemini’s product offerings and cost of capital. The company went public, raising $425 million. The outcome will influence Gemini’s financial and operational planning in 2026.

A coalition of corporate Bitcoin holders formed the Treasury Council, advocating for federal Bitcoin adoption. The council includes CEOs from companies with significant Bitcoin holdings. Over a dozen crypto advocates met with lawmakers on Capitol Hill to push for a Strategic Bitcoin Reserve funded through Federal Reserve earnings. President Trump signed an executive order establishing…

SharpLink Gaming’s stock fell slightly despite the company’s continued stock repurchase program, buying 1 million shares at an average price of $16.67 each. The firm also increased its Ethereum holdings to 838,152 ETH, valued at $3.86 billion. The company’s buyback strategy aims to align shareholder value with Ethereum’s growth.

Defiance ETFs filed applications for Bitcoin and Ethereum market-neutral ETFs NBIT and DETH that use a hedge fund arbitrage strategy. The funds buy spot crypto assets and short futures contracts to capture premiums. Performance data shows consistent returns, with Bitcoin basis trades reaching 11% and Ethereum basis trades delivering 10% returns. Bloomberg analysts noted the…