‘The Best Years Are Definitely Ahead’ – Fundstrat’s Tom Lee Says Fundamentals Point to Long-Term Bullishness for Bitcoin and Crypto
Fundstrat’s Tom Lee believes basic market dynamics favor crypto bullishness despite recent price woes. In a new interview with CNBC, Lee predicts that crypto’s “best years are still definitely ahead.” “Today, there are only four million Bitcoin wallets with $10,000…
Standard Chartered and Coinbase Building Bitcoin and Crypto Trading, Custody, Staking and Lending Solutions for Institutional Clients
Standard Chartered and Coinbase just announced an expanded partnership to develop digital asset services for institutional clients worldwide. The collaboration focuses on trading, prime services, custody, staking and lending solutions. The move combines Standard Chartered’s global banking expertise and risk…
Circle Abruptly Mints $4,000,000,000 in USDC In One Week As Crypto Markets Bleed: Arkham
Stablecoin giant Circle (CRCL) just minted billions of dollars worth of its US Dollar Coin (UDSC), according to on-chain data. Blockchain analytics platform Arkham Intelligence says Circle’s creation of new UDSC is now surging following the crypto market’s severe correction…
Institutional Investors Pour $716,000,000 Into Bitcoin, XRP, Chainlink, Ethereum, Solana and Crypto Assets in One Week: CoinShares
Institutional investors just bought an overall total of $716 million in Bitcoin (BTC) and crypto assets in one week, according to a new update from Coinshares. Digital asset exchange-traded products (ETPs) drove the inflows, marking the second consecutive week of…
Binance Suspends Employee Who Allegedly Used Insider Information to Promote Newly Issued Token
Binance has suspended an employee who allegedly used one of the exchange’s social media accounts to promote a token. The top global crypto exchange says a preliminary investigation concluded that the employee had connections to a token that was issued…
Coinbase Reveals Imminent Launch of Two Digital Assets on Top Crypto Exchange
The leading US-based crypto exchange Coinbase says it’s about to add support for two new digital assets. Starting today at 9:00 a.m. PST, Coinbase says it will add spot trading for Plume (PLUME) and Jupiter (JUPITER), assuming liquidity conditions are…
Bank of America, Wells Fargo and Citi CEOs To Discuss New Bitcoin and Crypto Bill With Lawmakers on Capitol Hill: Report
CEOs of some of the largest banks in the US are about to meet with lawmakers on Capitol Hill as a key Senate Committee prepares to vote on major Bitcoin and crypto legislation. The Senate Banking and Agriculture Committees are…
Tether’s USDT Stablecoin Approved by Abu Dhabi Regulator For Use Across Multiple Blockchains
Tether’s USDT stablecoin has been approved for broad use in Abu Dhabi. The Abu Dhabi Global Market (ADGM) has recognized Tether’s USDT as an Accepted Fiat-Referenced Token (AFRT) on multiple major blockchains. This allows licensed financial firms in the ADGM…
CFTC Launches Crypto Pilot Program Greenlighting Use of Bitcoin, Ethereum and USDC as Collateral in Derivatives Markets
The Commodity Futures Trading Commission is rolling out a pilot program that clears the way for certain digital assets including Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) to be used as collateral in US derivatives markets. CFTC Acting Chair…
Major US Bank Brings Direct Bitcoin Access to Customers in Partnership With Coinbase
A major US bank is the first in the nation to let customers buy, hold and sell bitcoin directly through its platform. PNC Bank says it’s launched the new feature for eligible PNC Private Bank clients, using Coinbase’s Crypto-as-a-Service infrastructure. This…
