Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an earlier judgment that denied its entitlement to a Federal Reserve master account, a service that allows access to the central bank’s system without relying on…
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. Source link
Former BitMex CEO Arthur Hayes believes the upcoming US Treasury policy actions under Secretary Janet Yellen could significantly influence the liquidity landscape and potentially catalyze rallies for crypto and stocks. Hayes said the market should stop focusing on the Fed’s policy decisions because the Treasury only has three options for…
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft, and Nvidia, as well as other business, civil rights, and academic leaders. Source link
US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) are urging US authorities to crack down on the use of crypto in the illegal trade of child sexual abuse material (CSAM). The lawmakers raised the alarm in an April 26 bipartisan letter addressed to Attorney General Merrick Garland and Secretary of…
The U.S. government’s arguments on stablecoins in an unrelated criminal case could bolster Binance’s position in its civil case with the SEC. Source link
Quick Take The URPD metric by Glassnode provides insights into the distribution of Bitcoin unspent transaction outputs (UTXOs) based on their creation prices. Each bar in the chart represents the quantity of existing Bitcoins that were last moved within a specified price range. URPD: (Source: Glassnode) Bitcoin has maintained a…
The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions. Source link
Quick Take April has been a turbulent month for Bitcoin, with its price trading around $70,000 at the start of the month before encountering a series of challenges that brought it to local lows just below the $60,000 mark. Despite nearly four days remaining in the month, Bitcoin is currently…
Bull flags are historically associated with more upside momentum, but Bitcoin price could still use a catalyst before rallying to new highs. Source link