Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers Coinbase CEO Brian Armstrong said the company moved to oppose a major digital assets bill at the last minute after identifying provisions it believed could undermine consumer protection and market competition. Armstrong made the comments in an interview and also addressed the issue…
Coinbase Withdraws Support for Crypto Bill on Eve of Key Senate Vote Coinbase has publicly withdrawn its support for the Senate’s crypto market structure legislation known as the Clarity Act, doing so just days before a key vote on the bill. In a post on X, Coinbase CEO Brian Armstrong said the company “can’t support…
Bank of America CEO says stablecoins could drain trillions in bank deposits Bank of America CEO Brian Moynihan warned that stablecoins could draw a significant share of U.S. bank deposits away from the traditional banking system, depending on how Congress ultimately regulates the sector. Speaking during the bank’s Wednesday earnings call, Moynihan said as much…
Zcash Surges Post-SEC Probe: Is a Fresh Yearly High on the Horizon? Zcash (ZEC) rose sharply after the Zcash Foundation said the U.S. Securities and Exchange Commission (SEC) has formally closed its review of the organization, ending a probe that began more than two years ago. Following the announcement, ZEC surged between 5% and 14%…
Zcash Surges Post-SEC Probe: Is a Fresh Yearly High on the Horizon? Zcash (ZEC) climbed sharply after the Zcash Foundation said the U.S. Securities and Exchange Commission has formally closed its review into the organization, ending a probe that began more than two years ago. Following the announcement, ZEC surged between 5% and 14% across…
Crypto Critics Say Elizabeth Warren’s Clarity Act Tweaks Hand Wall Street the Upper Hand Massachusetts Senator Elizabeth Warren, a long-standing critic of the cryptocurrency industry, is facing fresh pushback from members of the crypto community amid ongoing debate over the Digital Asset Market Clarity Act, often referred to as the Clarity Act. This week, critics…
Strategy, BitMine Rise While Bitcoin Miners Surge—As BTC Inches Towards $100K Shares of crypto-linked public companies moved higher as Bitcoin rallied to its highest level since November, lifting sentiment across the sector. BitMine Immersion Technologies, described as the leading publicly traded Ethereum treasury firm and associated with Tom Lee, rose 4.7% to $32.68. The move…
Bank of America CEO says stablecoins could drain trillions in bank deposits Bank of America CEO Brian Moynihan warned that stablecoins could pull a significant share of U.S. bank deposits out of the traditional banking system, depending on how Congress ultimately regulates the sector. Speaking during the bank’s Wednesday earnings call, Moynihan said as much…
Ripple Locks RLUSD Into LMAX’s $8.2 Trillion Trading Engine Ripple’s push into institutional markets is gaining momentum after its stablecoin, RLUSD, was integrated into LMAX, a major global trading venue that has processed $8.2 trillion in volume. The move places RLUSD inside a multi-asset environment used by professional market participants, highlighting the continued blending of…
Ripple Secures Another Key European License as XRP Rises Ripple has revealed its second European license approval in the last week, marking another regulatory milestone for the crypto payments firm as it pushes further into the region. The company said the latest approval adds to a license disclosed days earlier, underscoring a faster pace of…
Post-quantum crypto startup Project Eleven raises $20 million in funding round Project Eleven, a crypto startup building tools to help blockchains like Bitcoin prepare for post-quantum security, has raised $20 million in a Series A funding round at a $120 million post-money valuation. The company said the round was led by Castle Island Ventures, with…
Strategy, BitMine Rise While Bitcoin Miners Surge—As BTC Inches Towards $100K Shares of crypto-linked public companies moved higher Wednesday, led by treasury-focused firms and benefiting from a renewed rally in bitcoin. BitMine Immersion Technologies, described as the leading publicly traded Ethereum treasury firm, rose 4.7% to $32.68. The move came two days after the company…
CoinDesk 20 Performance Update: Uniswap (UNI) Drops 4.6%, Leading Index Lower The CoinDesk 20 index moved lower during the latest session, weighed down by declines across several major assets. Uniswap (UNI) led the downturn, falling 4.6% and standing out as the weakest performer in the benchmark. Other tokens also posted losses. NEAR and Stellar (XLM)…
Bitcoin holds above key support as profit-taking pressures altcoins Bitcoin traded in a tighter range on Jan. 15, consolidating above a key support level after weeks of hesitant price action, while profit-taking weighed on parts of the altcoin market. Market watchers pointed to a technical shift that suggests momentum is improving as buyers regain control….
EU Crypto Exchange Bitpanda Eyes $5B IPO in 2026: Report Bitpanda is reportedly planning an initial public offering (IPO) in 2026 at a valuation of between €4 billion ($4.7 billion) and €5 billion ($5.83 billion). According to the report, the European crypto exchange has chosen the Frankfurt Stock Exchange as its preferred listing venue, opting…
XRP Holds Technical Footing as Ripple’s Expanding Global Regulatory Footprint Strengthens Bullish Narrative XRP is holding a pivotal support zone after a recent pullback, with the token now showing signs of stabilization rather than continued downside pressure. The current market structure is characterized by tightening volatility and largely neutral momentum signals, suggesting a period of…
Binance Wallet Adds Perpetual Futures Trading to Self‑Custody Ecosystem Binance Wallet has launched on-chain perpetual futures through an integration with Aster, expanding its self-custody offering to include leveraged derivatives trading. The update brings perpetual futures—contracts that track an underlying market without an expiry date—into an on-chain, wallet-based environment. Through Aster, users can access leveraged trading…
Binance Wallet Adds Perpetual Futures Trading to Self‑Custody Ecosystem Binance Wallet has launched on-chain perpetual futures trading through an integration with Aster, expanding the wallet’s self-custody offering beyond spot transfers and swaps into leveraged derivatives. The update allows Binance Wallet users to access perpetual futures while keeping assets in a self-custody environment. According to the…
Robinhood CEO Says AI Could Spark a ‘Job Singularity’ Robinhood CEO Vlad Tenev offered an optimistic take on the impact of artificial intelligence on work and innovation during a recent TED Talk, arguing that AI could ultimately expand opportunities rather than shrink them. In his remarks, Tenev said AI could drive a “Cambrian explosion” of…
Crypto Shorts Get Rekt: Liquidations Near $800M as Bitcoin Price Spikes Bitcoin surged on Wednesday, catching traders positioned for a downturn off guard and triggering a wave of forced unwinds across the crypto market. Over the past 24 hours, roughly $700 million in short positions—bets that prices would fall—were liquidated as Bitcoin and other major…
