President Donald Trump’s campaign against U.S. debanking of controversial industries, such as digital assets, has led to a new report from the Office of the Comptroller of the Currency that once again confirms past practice and warns of potential sanctions for banks allegedly involved. The OCC is asking banks to heed President Donald Trump’s executive […]
Bitcoin BTC$92,594.49 soared above $94,000, then quickly retreated as Fed Chairman Jerome Powell appeared both dovish and hawkish after the central bank announced a 25 basis point rate cut on Wednesday. Hovering around $92,000 for most of the day, BTC surged to $94,400 as Powell – during his post-meeting press conference – highlighted the risks
Crypto Prices Fluctuate on Fed’s Powell and Treasury Buying Read More »
A16z crypto, a venture capital fund from Andreessen Horowitz (a16z), announced its expansion into Asia, opening an office in Seoul and hiring Sungmo Park to lead operations in the region. South Korea is the second-largest crypto market in the world, unit Andreessen Horowitz said in a blog post. The office will work with founders by
Andreessen Horowitz Crypto Unit to Expand into Asia with Office in South Korea Read More »
Bitcoin marketplace Paxful pleaded guilty Tuesday to three criminal charges, claiming in court that it helped criminals move funds and profit from illegal activities, including prostitution, fraud and evading sanctions. A “criminal information” is a formal charging document used when a defendant waives the indictment and agrees to plead guilty. In this case, Paxful admitted
Paxful pleads guilty to aiding crime, ignoring AML laws Read More »
Hederea (HBAR) made measured gains during Tuesday’s trading session, climbing 1.8% from $0.1348 to $0.1372 in the 24-hour period ending December 10 at 2:00 p.m. GMT. The cryptocurrency has now established a clear uptrend with higher lows at $0.1360 and $0.1370. Trading remains contained within a range of $0.0067, representing 4.7% volatility. The price action
HBAR advances 1.8% to $0.1372 as government adoption momentum builds Read More »
Stellar (XLM) rose slightly over the past 24 hours, posting a 0.85% gain to $0.251 amid moderate altcoin market activity. The token underperformed the broader digital asset index by 0.45%, indicating that XLM-specific dynamics drove price action rather than sector-wide momentum. Trading volume jumped 19.36% above the weekly average, suggesting accumulation despite modest price appreciation.
Stellar Edges Surpasses $0.251 Despite Altcoin Market Apathy Read More »
Welcome to The Protocol, CoinDesk’s weekly roundup of the most important stories in cryptocurrency technology development. My name is Margaux Nijkerk, journalist at CoinDesk. In this issue: Stripe-backed blockchain tempo starts Testnet; Kalshi, Mastercard and UBS added as partners ZKsync Lite to shut down in 2026 as Matter Labs moves forward Blockstream connects Lightning and
Stripe Tempo Testnet is launched Read More »
GameStop’s (GME) Bitcoin stack was worth $519.4 million at the end of the third quarter (November 1), with the company recording a loss of $9.2 million in digital assets during the period. Bitcoin BTC$92,351.06 fell from about $115,000 to about $110,000 in the quarter ended November 1. The video game retailer likely continued to hold
BTC Holdings cuts third-quarter profit Read More »
Investors Seek Countercyclical Value in Privacy Coins – By Carter Feldman, CEO and Founder, Psy Protocol Sustained pressure from a falling Bitcoin price acts not only as a system-wide depressant, but also as a catalyst for efficiency, forcing miners and investors to seek value in specialized plays. The bear market makes this a prime time
Investors Seek Countercyclical Value in Privacy Coins Read More »
Strategy (MSTR) has written an official letter in response to MSCI’s proposal to exclude companies whose digital asset holdings represent 50% or more of total assets from the MSCI Global Investable Market indices. Led by Executive Chairman Michael Saylor, Strategy argued that digital asset treasury (DAT) companies, including Strategy itself, operate businesses that use digital
Michael Saylor’s MSTR Responds to Potential MSCI Exclusion Read More »
