Crypto News
FDIC Clears Path for Bank Crypto Activities Without Prior Approval
The Federal agency reverses policy that required banks to seek permission before offering cryptocurrency services—a significant shift in the U.S. regulatory landscapeSource link
Fidelity and Blackrock Drive $89 Million Into Bitcoin ETFs As Ether ETFs Lose Another $4 Million
Bitcoin ETFs notched their tenth consecutive day of inflows, adding $89 million, led by Fidelity’s FBTC and Blackrock’s IBIT. Meanwhile, ether ETFs recorded another day of outflows, losing $4 million. Inflows Hit 10-Day Streak For Bitcoin ETFs While Ether ETFs Struggle with Continued Exits Bitcoin ETFs continued their upward trajectory, marking their tenth consecutive daySource link
T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack
On Wednesday, the T3 Financial Crimes Unit (FCU), integrated by Tether, Tron, and TRM Labs, announced that it had frozen close to $9 million linked to one of the largest cryptocurrency thefts ever, the Bybit hack. Paolo Ardoino, CEO of Tether, highlighted that the company remained “unwavering in its commitment to stopping illicit actors inSource link
Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains
Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week.Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over the past 24 hours. The broad-market benchmark CoinDesk 20 Index declined 5.7%, with native cryptos Avalanche (AVAX), Polygon (POL), Near (NEAR), and Uniswap (UNI) all nursing almost 10% losses during the same period. Today's sell-off wiped out $115 billion of the total market value of cryptocurrencies, TradingView data shows.Ethereum's ether (ETH) declined over 6% to extend its downtrend against BTC, falling to its weakest relative price to the largest cryptocurrency since May 2020. Underscoring the bearish trend, spot ETH exchange-traded funds...
Hawk Tuah Girl Says SEC Dropping Probe Into Solana Meme Coin: TMZ
Haliey Welch went viral last year following an interview about sexual techniques.Source link