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The latest crash came after US President Donald Trump nominated Kevin Warsh to replace Federal Reserve chair Jerome Powell, sending Bitcoin down to $75,892 late on Sunday. Strategy co-founder Michael Saylor has hinted his firm added to its Bitcoin holdings after the cryptocurrency slid more than 13% over the weekend, briefly pushing the company’s large BTC position into the...
Banks warn stablecoins could siphon deposits from the banking system, but policy and regulatory experts say there’s little evidence of it happening yet. Banks warn that stablecoins, especially those paying yield, could pull deposits out of the banking system, but policy and finance experts say there’s little evidence of that so far. Major US bank Standard Chartered recently estimated in...
Binance applied for a MiCA license in Greece shortly after France flagged the exchange as still unlicensed under MiCA ahead of June compliance deadlines. Binance submitted an application for authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA) in Greece as regulators warn of looming compliance deadlines. A Binance spokesperson confirmed to Cointelegraph on Friday that the exchange had...
BTC joined a broader risk-asset bounce near the Wall Street open, while Trump’s World Economic Forum comments revived expectations for US crypto market-structure reform. Bitcoin sought a $90,000 reclaim around Wednesday’s Wall Street open as US President Donald Trump pledged to sign pro-crypto legislation. Key points: Trump breathes modest gains into BTC price action with his World Economic Forum speech. Pro-crypto...
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