Kraken Just Became the First Crypto Company With a Fed Master Account — Why It Matters
The cryptocurrency industry crossed a major infrastructure milestone today – one that further cements its place in line with traditional finance and pushes it yet another step toward mass adoption. Kraken’s banking arm, Kraken Financial, has secured access to a limited-purpose master account from the US Federal Reserve Bank of Kansas. Yes, the account does […]
CoinDesk 20 performance update: Solana (SOL) gains 5.6%, leading index higher
Aave (AAVE) joined Solana (SOL) as a top performer, rising 5% from Tuesday.
Bitcoin is a real-time sentiment gauge for weekend warmongering
Bitcoin reacted to Iran war news while stock markets were closed, showing how crypto is becoming a real-time gauge of macro risk.
Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms
Bitcoin Magazine Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms Crypto took a step toward deeper integration with the U.S. financial system after Kraken secured access to the Federal Reserve’s core payment infrastructure, becoming the first crypto-native firm to operate on the same rails as traditional banks and credit unions. Kraken’s […]
Sui’s native stablecoin goes live with promise of Treasury yield going back to the network
Plans for a Sui Dollar, which is issued by stablecoin firm Bridge, were introduced toward the end of last year.
Ex-Binance communications lead joins stablecoin specialist KAST
Brad Jaffe, the former global communications leader at Binance, becomes chief communications officer at KAST.
Stablecoin giant Tether invests $50 million in sleep technology startup Eight Sleep
The firm behind the $183 billion USDT stablecoin is expanding beyond its crypto roots to longevity and artificial intelligence.
Bitcoin jumps to $72,000 as Asia’s stock market meltdown deepens
The South Korean stock market (KOSPI) closed near 5,094 after falling 12.06% in a single session today. The index had already fallen 7.24% the prior session, taking the two-day slide to roughly 18.4% on a compounded basis. South Korean equities did not fall alone, but the magnitude set Korea apart in a global risk-off window. […]
XRP Price Gears Up For A Major 680% Move Against Bitcoin To Reach $10
Crypto analyst Javon Marks has predicted that the XRP price could rally 680% against Bitcoin, reaching $10 in the process. The analyst also indicated that the altcoin could rally higher, reaching the $15 target. XRP Price Eyes 680% Rally Against Bitcoin In an X post, Javon Marks stated that the XRP price against Bitcoin looks […]
Ray Dalio Questions Bitcoin as Safe Haven While Gold Strengthens Its Global Reserve Role
Billionaire investor Ray Dalio has raised doubts about Bitcoin’s long-term role as a store of value. He argued that central banks are showing little interest in holding digital assets. His comments came during a recent discussion on the All-In Podcast. The remarks renewed debate about Bitcoin’s position alongside traditional safe-haven assets. BREAKING: Billionaire investor Ray […]
Bitcoin (BTC) Nears $72,000: Major Rally Ahead or Another Dead-Cat Bounce?
The primary cryptocurrency has shown remarkable resilience amid the ongoing military conflict in the Middle East, briefly rising to a monthly peak of almost $72,000. The big question now is whether this marks the start of a real breakout – or just another bull trap. Further Gains Ahead? The war between the USA (supported by […]
Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks
White House adviser Patrick Witt said yield-bearing stablecoins needn’t to face bank rules because the Genius Act bars issuers from lending reserves.