The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week. According to a report from the Financial Times on Tuesday, Treasury Secretary Scott Bessent has presented a list of four names to the White…
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Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners. Twenty One Capital opened trading on Tuesday at $10.74, below the closing price of $14.27 on Monday for Cantor’s special purpose acquisition company that it merged…
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Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases. The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate…
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A new regulatory filing by Tidal Trust has proposed listing and trading an exchange-traded fund that will hodl Bitcoin during off-market hours. In a Tuesday filing with the US Securities and Exchange Commission, Tidal Trust II filed a Form N-1A registration statement to add two Nicholas Wealth Management ETFs tied to Bitcoin (BTC) to its…
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The US Office of the Comptroller of the Currency has affirmed that national banks can intermediate cryptocurrency trades as riskless principals without holding the assets on their balance sheets, a move that brings traditional banks a step closer to offering regulated crypto brokerage services. In an interpretive letter released on Tuesday, the regulator said banks…
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CryptoUK, a UK-based cryptocurrency trade association, has announced that it will join The Digital Chamber, a US crypto policy advocacy group, potentially marking a significant cross-collaboration on digital asset regulation between the two countries. In a Tuesday notice, CryptoUK said its team would fall under The Digital Chamber’s umbrella as part of a “unified, cross-border…
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Bitcoin (BTC) bulls appear to be back in control of the short-term trend, pushing the BTC price above $94,000, despite underlying liquidity indicators raising a red flag. Key takeaways: Bitcoin has reclaimed $94,000, strengthening the short-term bullish structure after a few days of indecision. Bid-ask liquidity remained muted despite the breakout, indicating that buyers are…
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PNC Bank has begun offering direct spot Bitcoin trading to eligible private bank clients, becoming the first major US bank to enable buy, hold and sell functions inside its own digital platform. According to a Tuesday release, the launch marks the first phase of PNC’s partnership with Coinbase. Announced in July, the collaboration is supported…
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Wyoming Senator Cynthia Lummis, a member of the US Senate Banking Committee and one of the most prominent proponents for addressing digital asset market structure in Congress, said she wants to take the next step in advancing the bill sometime next week. Speaking at the Blockchain Association Policy Summit on Tuesday, Lummis said she anticipated…
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Bitcoin’s (BTC) Hash Ribbons metric, tracked by onchain analytics platform Capriole Investments, sent a “buy signal” for the fifth time in 2025. Key takeaways: A historically accurate Bitcoin price metric sends a “buy” signal for the fifth time this year. Miners’ BTC sales have accelerated since the beginning of October compared to earlier in the…
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