SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital

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…

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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…

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Strategy’s 717,131 BTC Stash Underwater as Bitcoin Struggles Below ,000

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…

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Harvard Endowment Reduces Stake in Bitcoin ETF, Adds Ether Exposure

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…

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Bitcoin, Ethereum, Crypto News & Price Indexes

Bitcoin, Ethereum, Crypto News & Price Indexes

Bitcoin’s sharp correction at the start of the month may represent a critical “halfway point” in the current bear market, according to Kaiko Research. Bitcoin (BTC) fell to $59,930 on Friday, marking its lowest level since October 2024, before the re-election of US President Donald Trump, according to TradingView data.  The decline suggests the market…

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Analysts Warn of Drop to K if Support Breaks

Analysts Warn of Drop to $55K if Support Breaks

Bitcoin traded quietly over the weekend, remaining below the $70,000 level as investors waited for stronger market direction. Analysts say the next upside target for buyers is a move above around $74,460, which could signal improving momentum and encourage more demand in the market. Possible Upside if Momentum Builds If buying interest strengthens, analysts believe…

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