SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital
The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from the SEC. Previously, broker-dealers were uncertain whether to apply a 100% haircut to their dollar-pegged stablecoins, meaning that they did not count the tokens toward their net capital under existing…
Will Whale Pressure Trigger a Sell-Off for ETH Price?
The crypto market has been bleeding red over the past few weeks, with Bitcoin hovering below $70K. This has resulted in a strong selloff in the altcoin market, with the ETH price now trading around monthly support levels. Things have worsened recently, as crucial on-chain data now points toward a potential significant decline in the…
Fed’s Kashkari: Crypto “Utterly Useless,” Stablecoins No Match for Venmo
Bitcoin Magazine Fed’s Kashkari: Crypto “Utterly Useless,” Stablecoins No Match for Venmo Federal Reserve Bank of Minneapolis President Neel Kashkari delivered another pointed criticism of crypto while defending the Federal Reserve’s independence during remarks in Fargo, North Dakota, today. Speaking at the 2026 Midwest Economic Outlook Summit, Kashkari questioned the practical value of digital assets,…
Eric Trump Doubles Down On $1M Bitcoin Forecast, Calls Banking A ‘Ponzi Scheme’
The World Liberty Forum held this week at Mar‑a‑Lago featured remarks from President Donald Trump’s sons, Eric Trump and Donald Trump Jr., who used the event to reaffirm their strong support for Bitcoin (BTC) and repeat their long‑standing $1 million price projection for the cryptocurrency. ‘Never Been More Bullish On Bitcoin’ Speaking on Wednesday, Eric…
Strategy’s 717,131 BTC Stash Underwater as Bitcoin Struggles Below $69,000
Bitcoin navigated an uneasy range between $67,000 and $69,000 as extreme market fear weighed on sentiment. Despite briefly reclaiming the $69,000 level, the price retreated to a session low of $66,557. Even Strategy’s $168 million acquisition of 2,486 bitcoins, which grew its total holdings to 717,131 coins, failed to ignite any meaningful bullish momentum. Strategy…
Harvard Endowment Reduces Stake in Bitcoin ETF, Adds Ether Exposure
The Harvard Management Company, which manages the eponymous university’s endowment, has reduced its stake in BlackRock’s spot Bitcoin exchange-traded fund and opened a new position in the asset management company’s Ether ETF. In a Friday filing with the US Securities and Exchange Commission, Harvard’s endowment reported that it had reduced its position in the BlackRock…
ADA Price in Focus as Cardano Expands Interoperability and Post-Quantum Push
The ADA price might not always react to governance edits or backend integrations, but beneath the surface, Cardano is stacking infrastructure at a serious pace. While traders obsess over the ADA/USD pair and short-term volatility, the ecosystem is quietly expanding its technical footprint. And not all of that work makes headlines. The Quiet Builders Behind…
U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring
Bitcoin Magazine U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring U.S. Treasury Secretary Scott Bessent said Friday that Congress must move quickly to pass crypto legislation establishing clear federal rules for digital assets, urging lawmakers to deliver the bill to President Donald Trump’s desk for signature this spring. Speaking on CNBC, Bessent was…
Ethereum Has Survived 8 Major 50% Falls, Lee Reminds Investors
Tom Lee, head of research at Fundstrat, is betting on a prompt bounce for Ethereum. He pointed to a pattern stretching back to 2018: each time ETH dropped deep, it later recovered strongly. Related Reading That history has shaped the tone of his remarks in Hong Kong, where he argued that previous collapses ended with…
US Federal Judge Hands 8-Year Prison Term to Safemoon CEO
A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was also ordered to forfeit $7.5 million and two properties, with restitution to be determined later. Asset Forfeiture and Victim Restitution A U.S. court has sentenced the CEO of Safemoon, the defunct…
