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Circle’s chief strategy officer and head of global policy, Dante Disparte, denied reports that the company is seeking a US federal bank charter. 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…
Citi predicts the stablecoin supply will remain US dollar-denominated, with non-US countries likely using CBDCs instead. Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup. “2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public…
The ETF is waiting for US regulatory approval alongside roughly 70 other proposed crypto funds. The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show. According to an April 24 filing, the regulator has extended its deadline for…
Common topics in the comments included investments in American energy, national security, and improved infrastructure for the AI industry. The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates….
Bitcoin bears are at risk of deep losses as soaring inflows to the spot BTC ETFs highlight the return of institutional investor demand. Key takeaways: Bearish Bitcoin traders were caught off guard by BTC’s rally above $90,000. Spot volumes are driving the Bitcoin price rally. Read more If you liked the article, do not forget…
The volatility of US bonds during tariff escalations may reignite Bitcoin’s unique economic properties as a safe-haven and potential reserve asset, Ammous said. Analysts are criticizing the financial implications of US President Donald Trump’s import tariffs, a development that some say highlights Bitcoin’s unique economic properties during times of global uncertainty. Trump’s 90-day pause on…
ETF analyst Eric Balchunas said he is “pretty sure this is how I voted,” amid the spot Bitcoin ETF posting a “massive” inflow day not seen since late January. BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April…
After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the…
Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?…
The bureau reported that individuals over 60 had been the most affected by crypto-related fraud in 2024, with roughly $2.8 billion in losses. The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its annual report detailing complaints and losses due to scams and fraud involving cryptocurrency in 2024. According to the report…