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Crypto markets tumbled as Trump’s Bitcoin Reserve plan disappointed investors, and stocks like MSTR and COIN took double-digit losses. The OCC reaffirmed banks’ ability to hold crypto, while the SEC abandoned a strict trading system proposal. Thailand approved Tether’s USD₮ for payments, boosting stablecoin adoption. Crypto funds saw $4.75B in outflows, and firms spent $134M on the 2024 U.S. elections, raising regulatory concerns.
Reference:https://www.linkedin.com/newsletters/chain-train-7126277052151844864/
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The U.S. held its first "Crypto Summit," signaling a regulatory shift, while Trump backed a Bitcoin reserve. Bitcoin hit $81K but faces market pressures. Coinbase registered in India, expanding its footprint. MassJacker malware hijacked 778K wallets to steal crypto. Bybit eyes Kenya for African exp…
Bitcoin plunges amid panic-selling as Trump unveils a U.S. Bitcoin reserve, disappointing investors. Pension funds explore crypto despite volatility. XRP sees 1.43B tokens traded, sparking speculation. Crypto stocks tumble as markets react to uncertainty. The OCC clarifies banks’ crypto roles, whil…
Bitcoin fell below $82K amid Trump’s tariff decisions, while his second term hints at a pro-crypto era. Russia proposed a crypto sandbox, restricting peer-to-peer transactions. India arrested a Russian national linked to a $152B laundering scheme. A B.C. court ordered Binance and Coinbase to reveal…
India arrests Russian national Aleksej Besciokov over a $2B+ crypto money-laundering scheme, while its intelligence agency warns of digital assets funding terrorism and crime. Binance secures a $2B investment from MGX, marking its first institutional backing. Meanwhile, Japan proposes stablecoin re…
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