Category: crypto

The FCA is planning stricter regulations for the UK’s crypto sector to protect retail investors. With 93% of UK adults aware of crypto, the FCA aims to create a safer and more transparent environment while fostering innovation. Proposed measures include crackdowns on crypto lending, limits on using credit to purchase crypto, and tighter oversight of…

Kraken reported a strong start to 2025, with a 19% increase in revenue and a 1% rise in adjusted EBITDA for the first quarter. The company’s performance indicators, including trading volume and funded accounts, showed positive momentum. Kraken also completed the acquisition of NinjaTrader, expanding its product offerings to include derivatives trading in the US.…

Goldman Sachs is working to bring tokenized Treasuries and money market fund shares into round-the-clock trading, reflecting a broader ambition to integrate traditional collateral into blockchain infrastructure. The firm already operates a crypto derivatives desk and plans to launch three tokenization projects in 2025. US policy changes have removed regulatory hurdles for financial institutions to…

The MOVE token of the Ethereum-based Movement Network hit an all-time low after Coinbase delisted it due to questionable market-making activities. Movement Labs suspended co-founder Rushi Manche amid an investigation into suspicious activities. The network is working to restore trust by ending relationships with market makers and conducting third-party reviews.

The Doomsday Clock, maintained by the Bulletin of the Atomic Scientists, is now at 89 seconds to midnight, the closest it has ever been. This reflects existential threats like nuclear tensions, climate change, and disruptive technologies. Bitcoin’s integration into energy markets offers potential positive impacts on climate, infrastructure, and stability.

The US Treasury’s FinCEN has proposed banning Cambodia’s Huione Group from the American financial system due to its involvement in moving illicit funds linked to North Korea and Southeast Asia crime rings. Huione processed over $4 billion in suspicious transactions and lacked proper AML and KYC policies, operating similarly to darknet marketplaces.

Strategy’s Bitcoin-focused investment operation achieved a 13.7% year-to-date BTC Yield and a $5.8 billion BTC $ gain as of April 28. The firm raised its full-year BTC Yield target to 25% and increased its BTC gain projection to $15 billion. Strategy holds 553,555 BTC acquired at a cost of $37.9 billion.

Publicly listed companies have purchased 157,957 Bitcoin, accounting for 96% of the projected new supply for the year. Private companies and ETF issuers also added to their holdings, with a total of 192,925 BTC acquired in the first four months of the year. Institutional demand continues to surpass issuance, shaping the corporate Bitcoin accumulation narrative.

Tether increased its exposure to US Treasuries by $3 billion, reaching $120 billion in holdings by March 31. Despite a decrease in profits from the previous year, Tether remains focused on stability and vision. The company also reported $5.6 billion in excess reserves, with ongoing USDT supply expansion and strategic investments. Regulatory supervision in El…

A structural reset is happening in Bitcoin’s on-chain metrics, indicating a reduction in speculative excess and a shift towards more neutral positioning. Key indicators like MVRV ratio, SOPR, and Sell-Side Risk Ratio are returning to historical levels, suggesting reduced investor euphoria and consolidation near cost basis. The market is consolidating, with resistance around $93,000 to…