With political pressure rising, the Fed has ended SR 23-7 and returned to routine review of bank crypto, stablecoin and DLT activities. Crypto oversight has continued under risk-based rules as FDIC and OCC have clarified custody, while ‘reputational risk’ has been dropped.
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Category: Cryptocurrencies
Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not Purchases
Cynthia Lummis has supported Scott Bessent’s statement that the U.S. has said it will not buy Bitcoin for the Strategic Bitcoin Reserve, favoring a budget-neutral path using forfeited assets and a possible gold revaluation, as Bitcoin has hit fresh highs.
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Bitcoin Price Analysis: ChatGPT Predicts BTC Supercycle – Is $200K Now in Play?
Bitcoin could be entering a supercycle, with ChatGPT projecting a $200K target. Read the latest analysis on ETF inflows, macro trends, and BTC’s technical outlook.
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Grayscale Moves Forward With Dogecoin ETF Plan Under Ticker ‘GDOG’
Grayscale is pushing ahead with its bid to launch a Dogecoin exchange-traded fund, revealing the ticker “GDOG” in its latest SEC filing.
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Spot Ethereum ETFs Post $59M Outflows, Breaking 8-Day $3.7B Buying Streak
Spot Ethereum ETFs record $59.3M outflows ending unprecedented 8-day buying streak that brought in $3.7B as BlackRock accumulates $1B during market selloff with ETH approaching all-time high.
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DCG Countersues Genesis for $1.1B After Subsidiary Claims $3.1B Damages
Digital Currency Group countersues bankrupt subsidiary Genesis for $1.1B demanding promissory note relief and $105M overpayment recovery as Genesis pursues $3.1B damages following Three Arrows Capital collapse.
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Trump-Backed American Bitcoin Targets Japan, Hong Kong Acquisitions to Boost BTC Reserves
American Bitcoin, a US cryptocurrency miner backed by Donald Trump Jr. and Eric Trump, is seeking acquisitions in Asia to expand its Bitcoin holdings.
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Gemini Seeks Public Listing on Nasdaq Despite $282M in Losses So Far in 2025
Gemini has filed an S-1 with the US Securities and Exchange Commission, aiming to go public on the Nasdaq Global Select Market under the ticker GEMI.
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XRP Price Prediction: Institutional Buyers Drove August Rally – Will Accumulation Continue?
XRP price prediction: Institutional buyers drove August’s rally with $3.8B in whale accumulation. Can technical support at $3.02 fuel a rebound toward $3.66?
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Ethereum Price Prediction: Will SharpLink’s Massive ETH Holdings Offset Revenue Decline?
Ethereum slips 2% to $4,457 after SharpLink reports $103M loss despite holding 728,804 ETH. Can staking rewards and technical support at $4,350 spark a rebound?
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