US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor

Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency. On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable … Read more

Russian crypto exchanger Mosca raided amid cash-to-crypto ban talks

As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have encountered police raids. Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud by one of its customers, Dmitry Titarenko, Mosca’s development head, confirmed to Cointelegraph. “Law … Read more

Bitcoin Price Watch: Key Resistance at $95.5K Holds the Next Bullish Trigger

Bitcoin is consolidating just beneath its recent peak, following a sharp rally that pushed it to the upper bounds of this week’s trading range. The sustained strength in price action and volume highlights strong bullish sentiment, though key resistance at $95,500 remains a pivotal level to watch. Bitcoin Across the 1-hour chart, bitcoin shows short-term … Read more

Trump memecoin team denies $300K dinner requirement rumors

United States President Donald Trump’s memecoin team denied rumors circulating on social media that holders of the Official Trump (TRUMP) token need at least $300,000 to participate in an upcoming dinner with the president.  On April 25, the official X account of the Trump memecoin clarified that there is no $300,000 requirement to join the … Read more

Circle executive denies claims of seeking US banking license

An executive at major stablecoin issuer Circle denied recent reports that the company is looking to obtain a US federal bank charter. In an April 25 X post, Circle’s chief strategy officer and head of global policy, Dante Disparte, denied that the company is interested in obtaining a US federal bank charter or acquiring an … Read more

China may shift from US Treasurys toward gold, crypto — BlackRock exec

Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. In a recent interview with CNBC, Jacobs said that geopolitical tensions and rising global uncertainty are accelerating diversification strategies among central banks. He pointed to … Read more