Uncategorized Archives - Page 26 of 160

ThursdayAug 28, 2025 9:00 am

Finance Minister in Japan Supports Portfolio Diversification Using Crypto

Japan’s Finance Minister has acknowledged that crypto assets can play a role in building balanced investment portfolios. Speaking at the WebX 2025 Conference held in Tokyo, Katsunobu Kato noted that while digital assets are prone to extreme price swings, the creation of a reliable and safe investment environment could make them a viable choice for diversification. Kato said he intends to concentrate on improving the trading environment in Japan so that investors have better access and protection when engaging with these assets. His remarks come at a time when Japan is grappling with tough economic conditions. The nation’s public debt…

TuesdayAug 26, 2025 9:00 am

Ether Tops its 2021 Record as Fed Chair Hints at Rate Cuts

Ether broke past its 2021 all-time high on Friday after Jerome Powell, the Fed chair, suggested the possibility of interest rate cuts, pushing investors back toward riskier assets. Ether jumped 15%, rising to $4,885 and topping its previous peak of $4,866 set in November 2021. Bitcoin also moved up 4% to $117,008. The rally started during Powell’s speech at the annual economic conference in Wyoming. In his remarks, he said that with monetary policy currently sitting in restrictive territory, the Fed may need to reconsider its approach given shifting economic risks. His words fueled speculation that a September rate cut…

FridayAug 22, 2025 9:00 am

South Korea Asks Crypto Exchanges to Halt Lending Services

Financial regulators in South Korea have directed crypto exchanges to pause the launch of any new crypto asset lending services. Officials say the move is necessary to reduce growing risks in the market and to give regulators time to create a clear set of rules. According to the country’s Financial Services Commission (FSC), letters were recently sent to major crypto trading platforms asking them to stop offering new lending services until formal guidelines are issued. Ongoing agreements, such as repayment schedules or contract extensions, will not be affected. Last month, the FSC announced the creation of a joint task force…

ThursdayAug 21, 2025 9:00 am

Profit-Taking Causes Bitcoin to Slide Considerably

The cryptocurrency market started the week on shaky ground, sliding lower as global economic worries sparked more than half a billion dollars in forced liquidations. Bitcoin (BTC) slipped 1.1% to $116,394.87 after hitting a record high of $124,496 just days earlier, its fourth peak of the year. Ether also lost ground, sliding 2.5% to $4,354 after nearly touching its previous all-time high of around $4,800 last week. The downturn followed hotter-than-expected July inflation figures, which created doubt about whether the Fed will move ahead with a rate cut next month. The sell-off quickly escalated into widespread liquidations as investors locked…

TuesdayAug 19, 2025 9:00 am

Citigroup Explores Payment Services and Custody for Crypto ETFs, Stablecoins

US bank Citigroup is considering offering services tied to stablecoins, including custody solutions, according to one of its senior executives. The bank joins a list of major traditional players, including Bank of America and Fiserv, looking to step further into the crypto space. The renewed interest follows a recent law passed by Congress that provides a framework for stablecoins to be used in everyday payments, settlement systems, and other financial services. Stablecoins are a form of crypto that track the value of a traditional asset, most often the USD. Under the new law, issuers are required to back these tokens…

FridayAug 15, 2025 9:00 am

Trump Now Wants Retirement Funds to Invest in Crypto

President Donald Trump has signed an executive order to broaden retirement investment options by allowing 401(k) accounts to include “alternative assets.” These could range from private equity funds to cryptos, moving beyond the traditional mix of stocks, bonds, and other standard holdings. The order, signed last Thursday, instructs the Labor Department and other agencies to revise the rules that define what qualifies as an eligible 401(k) asset. If implemented, this change could open a new market for the $5 trillion private equity sector, which has long sought access to American retirement funds. Currently, most employer-sponsored retirement plans—401(k)s and 403(b)s (used…

ThursdayAug 14, 2025 9:00 am

Crypto Market Value Exceeds 4Tn as BTC Starts Losing Its Dominance

The cryptocurrency market has seen a sharp rise in the last 24 hours, with total market capitalization now reaching $4.1 trillion, according to data from CoinGecko. This is the second time in less than a month that the market has crossed the $4 trillion mark, signaling a solid rebound after recent declines. The upward trend spans across multiple digital assets. Bitcoin is trading at $121,280, reflecting an increase of 2.6% in a single day and around 6% over the past week. Analysts link this boost to increasing interest from institutional investors, including exchange-traded funds (ETFs), major financial firms, and high-net-worth…

TuesdayAug 12, 2025 9:00 am

Trump’s Position on Crypto Paves the Way to Overhaul Wall Street

Major crypto platforms are now targeting the $62 trillion stock market. Their goal, they say, is to let investors trade “tokenized” stocks globally at any hour, without the limits of traditional market schedules. The push could lead to one of the most significant regulatory debates in decades, potentially rewriting U.S. trading regulations and opening the door for crypto firms to compete directly with Wall Street’s largest players. Driving much of the momentum is President Donald Trump. His administration has shown strong support for digital assets, putting crypto-friendly leaders in key regulatory roles, boosting token prices, and giving the industry renewed…

FridayAug 08, 2025 9:00 am

CFTC to Authorize Crypto Spot Trading on Licensed Exchanges

The U.S. Commodity Futures Trading Commission (CFTC) has announced plans to launch a new program allowing trading of crypto spot contracts on a regulated futures exchange under its authority. Though still preliminary, the step represents another effort by the Trump administration to bring digital currencies into the established financial system and may open doors for broader institutional interest in crypto. The CFTC, which oversees derivatives trading in the U.S., is now seeking input from market participants on how crypto spot contracts should be listed on a designated trading platform. This would move the crypto sector a little closer to operating…

ThursdayAug 07, 2025 9:00 am

FinCEN Warns the US Public of Increases in Crypto Scams at ATMs

The US Financial Crimes Enforcement Network (FinCEN) has cautioned that fraudsters are increasingly targeting victims through scams involving cryptocurrency ATMs. In a recent advisory, FinCEN called on banks and other financial firms to be vigilant about any dubious behavior related to digital currency kiosks (crypto ATMs). The agency noted that while the machines can offer a quick and user-friendly way for people to buy or sell digital coins, they are also easy targets for criminals and con artists. Crypto ATMs function much like traditional cash machines, but with the added function of converting traditional currency into different cryptocurrencies. Users insert…