Business

Crypto.com Obtains OCC Approval for Federally Regulated Crypto Custodian Bank

Business / Leave a Comment

Crypto.com said it received conditional approval from the US Office of the Comptroller of the Currency (OCC) to create a national trust bank, paving the way for the expansion of its federally supervised custody services. Foris Dax National Trust Bank, doing business as Crypto.com National Trust Bank, would operate as a limited purpose national trust […]

Crypto.com Obtains OCC Approval for Federally Regulated Crypto Custodian Bank Read More »

Trump-linked USD1 stablecoin falters as WLFI says it’s under ‘coordinated attack’

Business / Leave a Comment

$1, World Liberty Financial’s US dollar stablecoin – a crypto protocol with close ties to President Donald Trump’s family – slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” on the protocol. The token fell to $0.994 during the day, about 0.6% from its expected footing of

Trump-linked USD1 stablecoin falters as WLFI says it’s under ‘coordinated attack’ Read More »

Bitcoin Treasury Company ProCap (BRR) Buys Back $350,000 in Stock

Business / Leave a Comment

ProCap Financial (BRR), which bills itself as the first publicly traded agent financing company, has launched its share buyback program aimed at reducing the discount between its share price and net asset value (NAV). The company said it purchased 148,241 BRR shares on the open market on February 20. This implies a purchase price of

Bitcoin Treasury Company ProCap (BRR) Buys Back $350,000 in Stock Read More »

Tom Lee’s BitMine (BMNR) Buys 51,162 Ether (ETH) Amid Falling Crypto Prices

Business / Leave a Comment

BitMine Immersion Technologies (BMNR) purchased 51,162 ether (ETH) last week, worth about $98 million at current prices. The latest purchase brought the company’s total holdings to over 4.42 million tokens as of February 22, or 3.66% of the total token supply, the company said in its latest update on Monday. He also holds 193 bitcoins,

Tom Lee’s BitMine (BMNR) Buys 51,162 Ether (ETH) Amid Falling Crypto Prices Read More »

Bitcoin (BTC) balances on Binance hit their highest level since November 2024: here’s what it means

Business / Leave a Comment

The number of bitcoins BTC$66,319.08 held in wallets linked to cryptocurrency exchange Binance continues to rise, according to data from CryptoQuant. The total rose to 676,834.84 BTC ($44.53 billion) on Sunday, a level last seen in November 2024. This represents a 9.3% increase from the multi-month low of 618,782 in November. CoinDesk has contacted Binance

Bitcoin (BTC) balances on Binance hit their highest level since November 2024: here’s what it means Read More »

Pricing Concerns Resurface, Bitcoin Holders Prepare for Drops: Crypto Daybook Americas

Business / Leave a Comment

By Omkar Godbole (All times ET unless otherwise noted) Pricing uncertainty is back to haunt the markets, and it’s no surprise. Bitcoin BTC$66,172.17 traders are looking for downside protection. The U.S. Supreme Court on Friday ruled against emergency tariffs imposed by President Donald Trump in April of last year. Within hours, Trump had announced new

Pricing Concerns Resurface, Bitcoin Holders Prepare for Drops: Crypto Daybook Americas Read More »

Bitcoin (BTC) price hit by rapid sell-off in Asia and partial recovery

Business / Leave a Comment

The crypto market saw a rare period of volatility during Asian business hours on Monday, with bitcoin BTC$66,249.04 fell more than 5% to $64,270 shortly after midnight UTC before rebounding to $66,300 at 11:00 UTC. The selloff and subsequent rebound mirrored the move in U.S. stocks. Futures contracts tracking the S&P 500 Index fell 0.84%

Bitcoin (BTC) price hit by rapid sell-off in Asia and partial recovery Read More »

Pre-market trading stabilizes as Bitcoin (BTC) reclaims $66,000

Business / Leave a Comment

Pre-market trading is showing signs of stabilization, with bitcoin rebounding above $66,000 after briefly falling to $64,400 on Sunday. The rise comes amid continued uncertainty surrounding President Trump’s proposed tariffs and tensions between the United States and Iran, which have weighed on overall risk sentiment. Strategy (MSTR), the largest publicly traded bitcoin holder, is down

Pre-market trading stabilizes as Bitcoin (BTC) reclaims $66,000 Read More »

Austrian FMA bans Kucoin EU due to lack of anti-money laundering and compliance staff

Business / Leave a Comment

Austria’s financial regulator said it has banned KuCoin’s European arm from conducting new business and onboarding customers after the crypto exchange lost its key compliance staff just months after obtaining a Crypto Asset Markets (MiCA) permit to operate across the European Union. KuCoin EU no longer has key function holders in anti-money laundering (AML) and

Austrian FMA bans Kucoin EU due to lack of anti-money laundering and compliance staff Read More »

Scroll to Top