US tax filers may see larger refunds in 2026 compared to previous years, a development one Wall Street strategist says may boost risk appetite for digital assets and tech stocks preferred among retail investors. In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the coming refund wave could help bring back the…
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Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset. Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1 billion in Bitcoin for its Secure Asset Fund for Users (SAFU) wallet, according to Arkham data. The fund now…
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Galaxy Digital denied that a $9 billion Bitcoin sale by one of its clients was linked to quantum computing risks, countering speculation after its earnings call. Following the company’s earnings call, crypto community members pointed to a $9 billion Bitcoin (BTC) sale by one of Galaxy’s wealthy customers who was ”fairly concerned about BTC quantum…
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US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the US central bank, a move that has sent mixed signals for cryptocurrency markets and US dollar liquidity, according to market analysts. Trump nominated Bitcoin-friendly Warsh on Friday, and he is set to replace Jerome Powell when his term ends in…
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The House of Lords Financial Services Regulation Committee has opened an inquiry into proposed stablecoin rules in the United Kingdom, seeking public input on plans put forward by the Bank of England (BoE) and the Financial Conduct Authority (FCA). The inquiry will examine how stablecoins could affect traditional financial services such as banking and payments,…
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Bitcoin mining stocks saw a significant bump on Wednesday after the US winter storm forced some companies to wind down operations, leading to lower block competition and more profitable mining operations. Shares of several major mining companies posted double-digit gains over the past 24 hours. TeraWulf rose about 11%, Iren Limited gained roughly 14%, and…
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A response posted to the US Securities and Exchange Commission’s Crypto Task Force page echoed concerns raised by Ripple that speculation alone should not automatically subject cryptocurrencies to federal securities laws, as lawmakers continue debating the CLARITY Act. The response, written by digital asset regulation attorney Teresa Goody Guillen and published Monday as public input…
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The digital asset arm of Nomura is launching a new yield-focused Bitcoin investment product, as asset managers look to offer institutional investors returns beyond simple price exposure. Laser Digital is launching the Bitcoin Diversified Yield Fund (BDYF) to address the growing market demand for tokenized yield-driven funds over “vanilla long-only funds,” according to a Thursday…
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Moldova plans to introduce its first comprehensive cryptocurrency legislation by the end of 2026, aligning its rules with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, according to the country’s finance minister, Andrian Gavrilita. Gavrilita said Wednesday in an interview on the state-owned TVR Moldova that the government is working with regulators to develop…
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Bitcoin’s role as a non-sovereign risk asset may benefit from renewed investor focus amid a criminal investigation into US Federal Reserve Chair Jerome Powell. Federal prosecutors opened a criminal investigation into Powell over testimony he gave to a Senate committee about renovations to the Fed’s buildings. In a Sunday statement, Powell said the investigation is…
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