Category: crypto

Coinbase’s chief legal officer shared unredacted documents revealing that the FDIC urged banks to halt or avoid not only crypto-related services but also simple Bitcoin offerings. The letters recommended suspending crypto services, leading to concerns about hindering the US crypto industry’s growth. The FDIC published an internal memo detailing how supervisors should approach banks offering…

MARA Holdings CEO Fred Thiel believes institutional involvement will increase Bitcoin’s value as a long-term growth asset. He encourages retail investors to adopt a steady investment strategy. Thiel predicts Bitcoin could reach $200,000 by 2025 and emphasizes the impact of growing accessibility through major financial institutions. MARA Holdings ended 2024 with 44,893 BTC.

VanEck CEO Jan van Eck recommends maintaining or increasing exposure to Bitcoin and gold in 2025 as hedges against inflation, fiscal uncertainty, and global de-dollarization trends. Gold’s bull market is driven by central bank purchases and de-dollarization, while Bitcoin’s surge is projected to continue to $150,000-$170,000. Other analysts also support these assets as hedges against…

BlackRock’s BUIDL Fund is being used as collateral for Frax Finance’s new stablecoin, frxUSD. The stablecoin offers fiat redemption and regulatory compliance. BUIDL manages assets like cash and US Treasury bills, promising transparency and integration with traditional financial systems. This partnership reflects a growing trend of tokenizing real-world assets on blockchain networks.

The crypto world celebrates 16 years since Bitcoin’s Genesis block was mined in 2009. This event marked the birth of the digital asset and the start of a financial revolution. Bitcoin was created in response to the 2008 financial collapse, offering a decentralized digital currency with a fixed supply. The Genesis block contained a message…

South Korea’s Exchange Chairman is considering introducing crypto-based exchange-traded funds (ETFs) to revitalize the country’s capital markets. Despite past regulatory restrictions, inspired by the success of Bitcoin-related financial products globally, the exchange is exploring new avenues. However, the potential for crypto ETFs in South Korea remains uncertain due to regulatory hurdles.

Crypto.com has launched stock and ETF trading on its platform in the US, allowing users to manage stocks and ETFs alongside their crypto portfolios. This move is part of the company’s 2025 roadmap to bridge traditional and digital finance. The platform is expanding its US operations with new offerings and services.

Bitcoin (BTC) has seen a 3% increase over the past 24 hours, reaching a monthly high of $97,822 after trading below $95,000 for over a week. Despite old whales realizing profits, the market is recovering. Analysts suggest a cooling off period for the crypto market, with on-chain data supporting a continued upward trend.

In 2024, crypto venture capital investments grew by 26.1%, with 1,535 projects publicly disclosed. Total funding for the year reached $9.33 billion, slightly surpassing 2023. DeFi led with 24.4% of total projects. Notable deals included Stripe’s $1.1 billion acquisition of Bridge and Iris Energy raising $413.4 million.

Morgan Stanley’s crypto subsidiary, E-Trade, is planning to offer crypto trading with hopes of a more favorable regulatory environment under President-elect Donald Trump’s administration. Approval from key regulators, including the Federal Reserve, is needed. Charles Schwab also shows interest in crypto trading. This could bring new competition and capital to the crypto market.