Market News
Check out the news cycle for the past 24 hours and see what’s moving the market today!
BoA CEO says banks eager to enter crypto if regulators allow
Brian Moynihan believes financial institutions would gladly facilitate cryptocurrency payments if clearer regulations around their use were established.
Massive Sell-Off After Crypto Snub in President Trump’s Inauguration Speech
The crypto market reacted to the absence of cryptocurrency in President Trump's inauguration speech with $816 million longs wiped out. Lack of Crypto Mention By President Trump Sees Market Plummet The market gradually saw a sell-off after…
Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer
Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.
It’s Official: Crypto Foe Gensler Is Out As Mark Uyeda Is Named Acting SEC Chair
President-elect Donald Trump has appointed Mark Uyeda, a Republican SEC commissioner, to temporarily take over the helm of the U.S. Securities and Exchange Commission, replacing Gary Gensler who led the agency during the Biden-Harris…
US Banking Industry May Embrace Crypto Payments, Says Bank of America
The US crypto economy is on the cusp of a significant overhaul as Donald Trump begins his second term as President. Predicting a major reform in the US financial landscape, Bank of America CEO Brian Moynihan shed light on the possible…
Trump family memecoins may trigger increased SEC scrutiny on crypto
The retail-fueled memecoin speculation around the Trump memecoins could invite more regulatory scrutiny on the crypto industry in the US, industry insiders told Cointelegraph.
Finland Welcomes Virtune with 5 Crypto ETPs Listed on Nasdaq Helsinki
Virtune, a Swedish-regulated crypto asset manager, has successfully listed the country's first-ever crypto ETPs (exchange-traded products) on Nasdaq Helsinki.
Bitstamp to Roll Out Regulated Derivatives Trading in Europe: Sources
Leveraging its MiFID credentials, Bitstamp is preparing a regulated perpetual swap offering.
Utah Plans to Invest Public Funds in Crypto Under New Proposed Law
The US state of Utah has introduced a bill allowing the state treasurer to invest public funds in crypto assets alongside provisions regulating digital asset usage and mining.