OCC Letter 1188 confirms U.S. banks can run riskless principal crypto trades, capping a 2025 rollback of Fed, FDIC and OCC hurdles on custody and tokenized rails. Summary Interpretive Letter 1188 lets national banks match offsetting crypto trades between customers as riskless principals without holding inventory. 2025 moves from OCC, Fed and FDIC scrapped pre-clearance…
Abu Dhabi’s ADGM designates Tether’s USDT as an Accepted Fiat-Referenced Token across Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON and TRON, expanding prior approvals. Summary ADGM’s FSRA now recognizes USDT as an Accepted Fiat-Referenced Token for regulated institutions across Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON and TRON. The move builds on earlier…
Stripe-backed Tempo blockchain launches public testnet with Mastercard, Klarna, UBS and Kalshi, targeting sub-cent stablecoin payments for mainstream finance. Summary Tempo, a payments-first blockchain backed by Stripe and Paradigm, launches public testnet enabling banks, fintechs and developers to test low-fee stablecoin payment flows on-chain. Design partners now include Mastercard, Klarna, UBS and Kalshi alongside Visa,…
Bitcoin perpetual futures open interest has stayed below 310K BTC since October’s liquidation, signaling muted leverage and weaker speculative activity. Summary Glassnode data show BTC perpetual futures open interest has failed to recover above roughly 310K BTC since an October leverage reset. Funding rates have trended lower, highlighting fading leveraged long conviction and traders’ reluctance…
Strategy has made its largest Bitcoin purchase in months, acquiring 10,624 Bitcoin for approximately $962.7 million last week. Summary Strategy Inc. acquired 10,624 Bitcoin for $962.7 million, bringing its total holdings to 660,624 BTC, despite a 60% decline in its stock price over the past six months. CEO Michael Saylor remains committed to accumulating Bitcoin…
Bitcoin’s rally into the $92,000 resistance zone lacks bullish volume, raising concerns that the move is only a dead-cat bounce before a deeper correction. Summary BTC bounce shows weak bullish volume and limited sustainability. Rejection from point of control strengthens the bearish case. Losing $89,000 may trigger a drop toward $86,000 support. Bitcoin (BTC) price…
Summary Bitcoin trades in a tight $91k–$92k band with market cap near $1.8 trillion and dominance around 58–60%. Price sits above the 200-day moving average but struggles to clear the $100k–$120k resistance zone as momentum indicators flatten. High open interest and positive funding show crowded leveraged longs, increasing liquidation risk if spot reverses. Bitcoin (BTC)…
Google “dollar debasement” searches hit records as Fed pivots to easing, boosting the debasement trade narrative for Bitcoin and crypto. Summary Google searches for “debasement” and “dollar debasement” have surged to record levels in the US, reflecting mounting concern over USD erosion. The dollar index has dropped to multi‑year lows as M2 money supply hits…
Canada’s CRA won a court order forcing Dapper Labs to hand over data on 2,500 users, marking a major escalation in the country’s crypto tax enforcement drive. Summary A Federal Court order compels Dapper Labs to share detailed information on 2,500 users after CRA narrowed an initial request covering about 18,000 accounts. CRA has recovered…
EMJ Capital’s Eric Jackson sees Bitcoin evolving from digital gold to neutral global collateral, implying a radical $50M per coin valuation by 2041. Summary EMJ Capital’s Eric Jackson projects Bitcoin could reach $50M per coin by 2041. His thesis: Bitcoin shifts from “digital gold” to neutral global collateral for sovereign debt. He argues replacing the…
