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Fast coverage of the stories moving crypto markets.

Bank of England gov warns digital pound must not undermine commercial banks

BoE governor Andrew Bailey also discussed Bitcoin and stablecoins, calling the former a speculative asset, while acknowledging the latter could serve a monetary purpose.

1 year ago

Analysis

Altcoin sector suffers historic losses while Bitcoin remains resilient

The crash from Feb. 2 was one of the 2.5% worst trading days for altcoins in history.

1 year ago

Adoption

Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury

The company is already a node operator for Bitcoin staking protocol Babylon, with nearly 8 BTC in delegated staking.

1 year ago

Analysis

StanChart predicts new highs for Bitcoin in February as US treasury yields stabilize

Stable US Treasury yields and reduced inflationary fears may propel Bitcoin to break previous high points, Standard Chartered analysis suggests.

1 year ago

CBDCs

Powell guarantees no CBDC as long as he leads the Federal Reserve

Powell remarks align with the Fed cautious stance regarding a CBDC.

1 year ago

Exchanges

Gemini joins Europe’s crypto race with Malta’s regulatory approval

Malta's in-principle nod propels Gemini's ambition to meet surging institutional demand for derivative trading in the EU.

1 year ago

Banking

ECB empowers fintechs with direct access to Europe’s central bank payment systems

ECB's regulatory move enables fintechs direct Eurosystem access, enhancing competition and reducing dependency on traditional banks.

1 year ago

Legal

SEC and Binance pause legal battle amid new crypto regulatory task force

The joint motion for suspension signals a tactical pause in SEC-Binance lawsuit amid regulatory shifts.

1 year ago

Hacks

BNB Chain’s Memecoin launchpad Four Meme hit by $200k exploit, suspends liquidity

Attack exposes significant vulnerabilities in Four.Meme's platform amidst meteoric rise of Test token.

1 year ago

Elon Musk leads $97 billion bid to buy non-profit arm of OpenAI amid Sam Altman rejection

Sam Altman dismisses Elon Musk's OpenAI takeover bid, proposing instead to buy Twitter for $9.74 billion.

1 year ago

Crypto

ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing

Grayscale's Cardano ETF filing could reshape ADA's market position amid regulatory uncertainty

1 year ago

ETF

Bloomberg analysts’ rankings show Litecoin leading altcoin ETF approval race, while XRP trails

Despite receiving the lowest odds, the chances of a XRP ETF approval reached 65% with triggers for a potential increase.

1 year ago

Tokenization

PumpFun co-founder dismisses rumors of token launch as speculation mounts

Pump.Fun co-founder Alon Cohen said recent reports about the platform preparing to launch a token "are wrong."

1 year ago

Legislation

North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserve

Under the bill, the state treasurer will be allowed to invest in cryptocurrencies that have a market cap higher than $750 billion.

1 year ago

Analysis

Bitcoin increasingly treated as risk-on asset rather than pure store of value – Bitfinex

Bitcoin's correlation with the S&P 500 is still high, while gold correlation decreases.

1 year ago

Adoption

Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end

Metaplanet registered its first profitable financial period since 2017, while Strategy surpassed $17 billion in unrealized profits with Bitcoin.

1 year ago

Analysis

Scaramucci attributes Bitcoin’s late bloomer status to ETF delays

Scaramucci also noted that institutional interest from university endowments and sovereign wealth funds could boost Bitcoin's future prospects.

1 year ago

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Crypto News

Bank of England gov warns digital pound must not undermine commercial banks

Altcoin sector suffers historic losses while Bitcoin remains resilient

Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury

StanChart predicts new highs for Bitcoin in February as US treasury yields stabilize

Powell guarantees no CBDC as long as he leads the Federal Reserve

Gemini joins Europe’s crypto race with Malta’s regulatory approval

ECB empowers fintechs with direct access to Europe’s central bank payment systems

SEC and Binance pause legal battle amid new crypto regulatory task force

BNB Chain’s Memecoin launchpad Four Meme hit by $200k exploit, suspends liquidity

Elon Musk leads $97 billion bid to buy non-profit arm of OpenAI amid Sam Altman rejection

ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing

Bloomberg analysts’ rankings show Litecoin leading altcoin ETF approval race, while XRP trails

PumpFun co-founder dismisses rumors of token launch as speculation mounts

North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserve

Bitcoin increasingly treated as risk-on asset rather than pure store of value – Bitfinex

Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end

Scaramucci attributes Bitcoin’s late bloomer status to ETF delays

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